PwC Reviews

Cons

Can be difficult to navigate a hybrid environment in a big corporation.

Cons

As noted by many, and as inferred by by comment around individual performance above, if you want to get ahead here you WILL work your rears off. Late nights and weekends, with minimal complaining, are the norm for those who are successful. The firm has tried to add in concepts of "flexibility" into our work force - but that is generally ignored in practice by those people actually delivering client work (great thought, poor execution). I know that many complain about what they see as the professional equivalent of "sweat shop rates" when it comes to compensation - but I honestly think that is over blown. Sure everyone would love to make more money, but you can make 6 figures as a Senior Associate and almost $300K as a Director PLUS bonus...so, to me, the pay issue falls on deaf ears. The one area that I think we could really improve on is in the area of our 401K matching percentage which is currently $0.25 on the dollar up to 6% of your contribution. Many of our industry clients match dollar for dollar, so quarter for dollar is a bit of a slap in the face. The technology that we use as practioners, for the most part, is terrible with the exception of some of our new web enabled tools for pricing engagements and managing engagement economics. For the last few years there have been many hints and encouragements that we would be replacing the much hated Lotus Notes (that's right boys and girls, we are still using the best of 1990s technology for email and calendaring). There was a great deal of excitement and buzz in the firm - until we were told that we would not be moving to the standard...Microsoft Outlook. Instead - we are "Going Google". So, not only are we replacing one terrible system with another, we are not actually getting rid of Lotus Notes at all because 1) the Federal practice can't use gMail (the Feds won't certify the security of gMail's cloud) 2) certain accounts (like Microsoft) won't allow the use of Google products (Microsoft was so angry that they lost the replacement of Lotus Notes that we almost completely lost the account), and 3) the rest of the global firm won't be switching. So we will be having to manage two separate email accounts and will be forced to use the terrible Google Docs over what everyone else in the world uses and likes - Microsoft Office. Why did we select Google, one might ask. The answer varies based on who you ask. Some say it is because Google's cloud based tools will allow us to work in ways that we can't today for collaborating on the creation of documents and through Google's "Hang Outs"...this is ridiculous because Google's user experience is horrible (else, Microsoft would be losing market share to them in spades), and Microsoft already has the standard for collaboration through Link and Jive. Some say it is because Google's cloud based services provide a lower total ownership cost - which is also ridiculous because Microsoft has Office 365 available through the cloud with Azure. Some say it is because our technology isn't cool which is impacting our ability to attract talent on campus - which is the most ridiculous reason of all because who really joins a company because they can have a gMail account? Also, I'm honestly not sure how we will be expected to use these fabulous tools in an offline capacity when we don't have internet connectivity (such as on a plane that is not equipped with WiFi). The firm is also replacing its current performance management system (and process for handing out annual performance ratings and subsequent merit increases and performance bonuses) with a new system called the PwC Professional. Basically, they are replacing a tried and true system of documenting written performance feedback (which is good for not only developing people but also for serving as a record of what people don't do well in the event an adverse action needs to be taken against an employee) with a mobile app that captures a rating against five dimensions and which replaces written feedback with oral feedback that has no memory and no record. The "coach" who used to be responsible for representing their "coachees" at the Annual Review Committee time now has almost no role in the performance outcome of their staff displaced by the "relationship partner" who has responsibility now to personally know each and every staff member that they represent so that they can represent them to the other partner only "performance roundtable" discussions. Partners today have very little time for junior staff, let alone demonstrated interest in their individual careers. So now, a process that was cumbersome but was overly fair (you could only talk about things during ARC time that were documented - if it wasn't documented it was if it never happened and you had at least one person who knew you and advocated for you in the room when your performance was being discussed in the form of your Coach) and very transparent is being replaced with the equivalent of a papal conclave supported by a popularity contest. Additionally, this mobile app (Performance Snapshots), only requires commentary if a staff member is not meeting expectations or is partially meeting expectations...so if you are meeting expectations you can't even comment on performance unless you are highlighting a performance differentiator that they only expect less than 50% of staff to have. Lazy reviewers are incentivized through the design of the app to give everyone a meets expectations on all five dimensions and move on. Our attrition rate has been very low for a professional services firm - it will be interesting to see what happens to attrition after the next round of annual reviews using the new PwC Professional.

Cons

This workplace is one of the most awful, toxic, environments I've encountered, and it's rife with ageism. Their motto revolves around "building relationships," essentially meaning you're expected to cozy up to countless partners just to get noticed – an impossible feat considering most are solely focused on only accepting others who can help advance their own careers. Despite being praised all year and receiving positive quarterly reviews from other managers, they blindside you during performance evaluations, making baseless accusations you've never even heard of. If everyone values your work, how does a negative review make sense? Their EOY roundtables are a joke and seem like only their "favorites" get the good ratings and recognition. It's all about popularity and playing by their rules, rules most of us aren't privy to. We're just hardworking individuals looking for recognition. Honestly, I cannot recommend this place. There are just too many toxic personalities lurking about, and it's high time they're called out.

Cons

Tech Consulting went through a separate re-org into a new Engineering organization with a pod-model. It was a complete mess. Leaders didn't know what was going and therefore were not able to actually pass on good leadership advice. Not to mention the pod model was not resonating with clients and deployment was forcing people to be staffed by pods and not individually. I was forced to turn down roles because my pod was not completely sold even though there was an open role for myself. Was ultimately let go because of "performance" and lack of utilization despite glowing reviews from the work that I was able to accomplish and leading a reinvest team on my own. They conveniently ignored that I was unstaffed because of their unproven processes and poor leadership. Also the tech skill levels of those in tech consulting is poor compared to other larger consulting firms

Cons

Cons: Management started making the ECs come into the office twice a month 9-5 for absolutely no reason. Most of us accepted this position to work fully remote. We sit there to do our usual remote work. Waste of time, money and gas. and we have to pay for parking to come in. I wish they paid us more especially if they're making us come in and pay for our own parking. We used to be able to leave at 2pm, but then Patti Bartos took over Jose Limardo's position and changed it to staying until 5. Not sure why Patti did this and not sure why she is trying to subject a full team of ECs to her own "workhorse" work style. This is extremely upsetting. This is not respecting work/life balance and they need to allow ECs the flexibility to leave at 2. ECs are always getting bottom of the barrel treatment. Burnout and zero respect.

Cons

It would be terrible if you were in a poorly managed team. Seniors are not always available to answer your questions. The remote working policy is going away and the firm is trying to push all employees to go back to office..

Cons

Unrealistic time lines at times.

Cons

Intensive working hours on a seasonal basis

Cons

quality of life can use better work

Cons

slow progress up the promotion level. Work can be tedious and politics are expected.