August 20, 2018

Here’s Your Open Thread for PwC Compensation (2018)

So, yeah, the whole “putting the 2018 PwC compensation thread in Open Items” thing didn’t go too well. After just two responses (thanks to SlowlyDying1065 and Franchise) and a minus-27 vote rating, this thread had become a dumpster fire.

But now that we’ve resurrected the article comment section, we’ve taken this discussion out of Open Items and placed it where it belongs—on the homepage.

So, let’s try this again.

Welcome to this year’s open thread for PwC compensation. If you’re among the hordes of PwCers across this land, this is a relatively safe place (you might get trolled a little) to shoot the shit with us about what you’re getting paid and to get an idea of whether or not it’s adequate, generous, or woefully subpar.

Kindly provide us with as much of the following information as possible:

  • Position, promotion (if applicable);
  • City (preferred) or region;
  • Line of service;
  • % raise;
  • % bonus (if any); and
  • Old and new base.

Here’s what we’ve received so far:

  • Associate -> Experienced Associate

  • Southeast (Not Atlanta or Miami)

  • Core Tax

  • Tier 2

  • 51,000 -> 54,600 (7.1%)

  • 2,000 bonus (3.9%)

Apparently there were only two Tier 1’s for my class in the whole region, so I’m happy with Tier 2. My office seems to be pushing 2 year promotions anyways so next year should be a good year.

 

S1>S2
SF
Advisory (transferred from Assurance mid-year)
Tier 3
$83k>$93k (everyone in our group at the cohort level gets the same salary, only bonus fluctuates)
$7500 bonus

Tough to be entering year 5 of career in SF at $93k. Considering a year ago salary as an A3 was $66.5k, it feels like progress.

I have to believe there’s plenty of PwCers out there who are just itchin’ to share this information with all of us. Maybe you were late to the party because you overlooked this thread in Open Items, or maybe you didn’t visit Going Concern during our comment hiatus, or maybe you missed the countless number of tweets we’ve sent out the past month or so.

No matter. Your participation is appreciated.

And we haven’t forgotten about those of you slaving away at KPMG, EY, Deloitte, BDO, and Grant Thornton. We’ll be starting compensation threads for all of you soon. In the meantime, keep us in the loop about whether comp talks have begun at your firm.

The Accounting News Roundup newsletter is back! Every Friday you’ll get a recap of recent content posted on Going Concern, On This Date in Going Concern History, list of hot remote and hybrid accounting jobs, and more. Sign up here today.

Image: Shutterstock/360b

1 Comment

Leave a Reply

Related articles

In Case You Need Another Reason to Hate the French

french flag.jpgWalking around the PwC office in Midtown Manhattan, our blogospondent in the field happened across a couple of young ladies having the picture taken in front of the P Dubya sign out front, proudly posing as if it was their names on the building at 300 Madison.
Said blogospondent approached the young ladies and asked if they worked at the P Dub and they responded in heavily French accents, “yes”. As result of further prying, it was revealed that the ladies do work a lot during “busy times”, sometimes between 50 and 60 hours a week!
This compared to an American tax associate who we spoke to just a couple days before who, in the last fifteen days, had worked 185 hours.
Let’s recap: America – 185 hours in 15 days in the middle of June vs. France – 50-60 hours in one week during the “busy time”.
American vitriol towards the French may now ensue.

PwC Needs a Lesson or Two in Spin

240px-PricewaterhouseCoopers.svg.pngIn, lets talk about anything but Satyam, PwC news, the largest Big 4 firm was rated highest among professional service providers on brand recognition in the Brand Finance Top 50 ranking of Best Brands of British Origin.
“Chairman of PwC [in the UK] Ian Powell said the recognition was ‘testament to the strength and reach of our clients, the talents of our people, and the contribution that we make to the wider community.'”
We won’t take anything away from PwC but sometimes bad news is the best news for brand recognition. So this whole Satyam thing is probably not getting the credit it deserves. Come on P. Dubs! Lemons into lemonade!

PwC most recognised professional services brand
[Accountancy Age]