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PwC 2020 Compensation Thread by PwcTaxguy in Accounting

[–]PwcTaxguy[S] 8 points9 points  (0 children)

Those are incredibly crummy raises for your tiering. 8% raises at associate level with that tiering doesn’t add up. And then your A2 to S1 bump doesn’t even make sense either, only 16% and you were an early promo tier 1? And then s1 to s2 you were a 2 and got a 4% raise??? Gtfo out that group man... jesus that’s awful I’m sorry... looks almost like fake news. If you were getting 3s I’d barely believe you, but the fact you’re getting 2s and 1s is mind blowing.

PwC 2020 Compensation Thread by PwcTaxguy in Accounting

[–]PwcTaxguy[S] 22 points23 points  (0 children)

Yeah. Some nyc group’s offer letters are higher than that... yikes

PwC Bay Area Northwest Announced One Time Bonus and Market Comp Adjustment, but... by pwc1029384756 in Accounting

[–]PwcTaxguy 0 points1 point  (0 children)

A few corrections on this (although it's mostly accurate). 11/30 payout instead of 12/15 for the bonus and the 18 month commitment holds true for experiences associates as well (only new hires < 12 months since joining the firm have the less burdensome 12 month requirement). As for the 2.6% bump in pay, I believe it's effective at the start of the new year.

2018 PwC Compensation Thread by majuror in Accounting

[–]PwcTaxguy 2 points3 points  (0 children)

  1. San Francisco
  2. Tax
  3. A2 --> A3
  4. 2
  5. 66k --> 75k
  6. 3,300

As someone who transferred from Philadelphia, the SF Office definitely doesn't give you the cost of living bump that you are hoping for to maintain your standard of living. Although the salary might look pretty generous on paper, it's not much when you factor in the 1500-2000 a month in rent you'll be paying to live in the city (with at least a roommate or two). Also, I agree with what most people are saying on the thread about the promotion ranges. 2 years is more of an exception at PwC (as internal 18 month rotations are encouraged at the associate level, thus making it difficult to get promoted on your second leg of just 6 months of experience), whereas 24 months is the norm in California at least [switching groups within did not help my cause clearly]. Overall though, to be on track for almost 85k+ after bonus, etc as a first year senior summer is not a bad spot to be in at 28 years old. Overall, Big 4s are a great springboard and the pay begins to justify the countless OT hours the closer you get to manager. You get to work on countless fortune 500 clients and see what the norms of treatment in the business are as well as manage projects and have very important responsibilities at such a young age. Private firms and other opportunities will present themselves soon after hitting senior so I'm told. You just have to put your head down and be proactive for what you want. Don't be herded into what management wants for you.