PwC Reviews in Chicago, IL

Updated 12 August, 2014
Updated 12 August, 2014
4,916 Reviews

3.6
4,916 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
PwC US Chairman & Senior Partner Robert Moritz
Robert Moritz
986 Ratings

Review Highlights

Pros
  • No work-life balance during busy season because the nature of assurance work (in 237 reviews)

  • It is a great place to start your career if you want to stay in accounting (in 116 reviews)


Cons
  • Also work life balance is very difficult to achieve until it gets to the problem stage (in 803 reviews)

  • Long hours during busy season but thats to be expected at any audit firm in the city (in 787 reviews)

More Highlights

147 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good learning experience, hard to achieve work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tax Manager  in  Chicago, IL (US)
    Current Employee - Tax Manager in Chicago, IL (US)

    I have been working at PwC full-time for more than 8 years

    Pros

    Learning experience, variety of projects

    Cons

    long working hours, compensation is not good considering the hours.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Great work, great company...if you want to set the stage for your growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director - Transaction Services  in  Chicago, IL (US)
    Current Employee - Director - Transaction Services in Chicago, IL (US)

    I have been working at PwC full-time for more than 3 years

    Pros

    Top notch big 4 to work for..no questions asked. Great leadership....

    Cons

    None, that I can see really. Every organization has its small issues..but nothing worth mentioning..

    Advice to ManagementAdvice

    Provide leadership training to partners so they can understand that being a leader means being "unbiased" to everyone on their group...stop having "favorites"!

    Recommends
    Positive Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Great people, but underpaid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Transaction Services Experienced Associate  in  Chicago, IL (US)
    Current Employee - Transaction Services Experienced Associate in Chicago, IL (US)

    I have been working at PwC full-time for more than a year

    Pros

    What keeps me coming back to work every day is the people I work with in Transaction Services. They're great people. Everyone is highly intelligent and maintains similar interests in the market. I also enjoy doing the business development work which isn't present in other groups.

    Cons

    The pay. By far and away the biggest issue with Transaction Services is the pay. You're always going to get less than you think you should be getting. Your hours will be a bit better than auditor hours (no busy season thank god) and your pay will be essentially identical to an auditors despite doing deal-based work and having bill rates triple those of an auditor. It's insulting to sit at the table with the bankers and lawyers and know they're being paid at least 50% more than you are.

    PwC also generally insists on a 3-year promotion cycle despite the rest of the financial world operating on a 2-year promotion cycle. Titles are just titles, what matters is pay which you will be forever disappointed with at PwC.

    Advice to ManagementAdvice

    Pay the people what we're worth. If our bill rates are 2-3 times those of auditor bill rates, how can you justify paying us just a thousand or two more than an auditor?

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Good Career Opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisory Associate  in  Chicago, IL (US)
    Current Employee - Advisory Associate in Chicago, IL (US)

    I have been working at PwC full-time for less than a year

    Pros

    With PwC there are great opportunities to grow your career in the way you want. Although the hours are usually more than your standard 40 hour week, the longer you stay the more benefits you received in the long-term.

    Cons

    There is not as much free time with friends and family. Also, there isn't much disconnect from the company when you schedule to take off for vacations.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    ANTI WOMEN IN DIVERSITY CONSERVATIVES

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - ASSURANCE Whatever  in  Chicago, IL (US)
    Former Employee - ASSURANCE Whatever in Chicago, IL (US)

    I worked at PwC full-time for more than a year

    Pros

    Conservatives, don't question anything, just follow blindly.

    Cons

    Celebrate diversity with -- a conservative board?!!!! How shameful! ANTI WOMEN IN DIVERSITY. No multivariate analysis can substitute for humans and common sense.

    Advice to ManagementAdvice

    Have a BROAD sense of cultural differences and women issues and challenges of growing a family and job breaks thereof. Support hiring, NOT by using a MULTIVARIATE ANALYSIS to weed TALENT OUT with narrow, conservative approach. BE HUMAN.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Run away from Tax - Financial Services.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Chicago, IL (US)
    Former Employee - Anonymous Employee in Chicago, IL (US)

    I worked at PwC as an intern for less than a year

    Pros

    You will learn A LOT not only about tax but also about yourself and your career aspirations. If you're trying to decide if you want to do public accounting, an internship during the winter season is a great resource.

    Cons

    Zero work/life balance. The salary offer I got was not worth the hours.

    Doesn't Recommend
    Positive Outlook
  8.  

    No Work-Life Balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk Assurance Senior Associate  in  Chicago, IL (US)
    Former Employee - Risk Assurance Senior Associate in Chicago, IL (US)

    I worked at PwC full-time for more than 5 years

    Pros

    Decent salary, ok benefits, energetic staff.

    Cons

    Long hours and weekends are the norm. The flexibility they preach does not exist.

    Advice to ManagementAdvice

    Be more transparent with regards to expectations and understand the physical and mental limitations of one human being.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Very dynamic and energizing environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  Chicago, IL (US)
    Current Employee - Consultant in Chicago, IL (US)

    I have been working at PwC full-time for more than 3 years

    Pros

    Great career advancement, and meeting the best people

    Cons

    hours, hours, hours
    Often random assignments that did not warrant an evaluation

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Manager in Marketing/Sales (IFS) Great company to work for but NO career path for internal people. Great for 3-5 years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IFS Manager  in  Chicago, IL (US)
    Current Employee - IFS Manager in Chicago, IL (US)

    I have been working at PwC full-time for more than 3 years

    Pros

    Decent pay - the glassdoor salaries posted are right on target
    Sign on bonus - $5K
    Annual Bonuses - 2.5% - 9%
    Annual raises - 2.5%-4%
    Cell Phone paid for
    Cheaper upgrades with new phones
    $5k a year in tuition bonus - I got this for two years
    $5K referral bonus - it took about ten referrals to get someone in but they paid this bonus out in 30 days of the person working at PwC
    Flex Fridays (Summer) depends on the team. My first year I never worked on Friday during the Summer. Next two Summers I worked every other Friday.
    Wealth Management- enter workouts and other health activities and earn points to redeem into gift cards. Over the last two years I got around $250 in gifts cards for going to the gym.
    401k strong matching if YOU STAY FOR FIVE YEARS. Read the fine print. If you stay for five years its an amazing program between the 401K and "wealth builder" program. highly recommend.
    PwC is making splashes in the market and building a strong brand. When I applied to other companies everyone was impressed with three years at PwC.
    Great work/life balance - continues to evolve
    4 weeks paternal leave - never heard of this anywhere. It was amazing when we had our baby
    Good vacation - 22 days as a manager

    Cons

    As an IFS resource you are not revenue generating and as a result will never gain the full respect of Partners and the firm as a whole.
    Pay, bonuses, raises are much less for IFS people
    Glass ceiling in IFS - you can never make partner
    Revolving door of leadership - partners take terms in senior leadership roles. Revolving door of new ideas and directions.
    Full value of 401K plan.......see above. Less than five years........not great.
    Awful offices - stale cubicle rat maze. Innovation draining
    Still runs like an accounting firm
    Not a tech. firm - still use Lotus Notes........need I say more.
    Internal HR folks are very linear which slows people's growth opportunities.

    If you are going for three five years and want launch your career forward this is a great place, If you are looking for long term growth, appreciation, support and development.....go somewhere else.

    Advice to ManagementAdvice

    Respect the IFS people.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great place to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Audit Associate  in  Chicago, IL (US)
    Current Employee - Audit Associate in Chicago, IL (US)

    I have been working at PwC full-time for more than a year

    Pros

    most people are extremely nice. very friendly working environment.

    Cons

    long hours during busy season, no bonus to motivate people

    Recommends
    Positive Outlook
    Approves of CEO

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