Company: PwC
Date: 2017-01-04
Overall rating: 3/5
Employment status: current
Experience level: Confirmed

Traffic Jam
Pros: Freedom and autonomy to build the business; strong support  (comp) for top level performers.  Strong market focus; exceptional access to C-Suites of Fortune 500.
Cons: Too many top tier directors and not enough partner slots for promotion.  Too many underperforming partners that can't be exited from the firm and are taking the spots of up and comers.  Bloated partner overhead. Ridiculously poor knowledge management. Poor thought leadership that is neither thought provoking or innovative. Consulting practice (Advisory) still is at the mercy of the audit (assurance) practice.  Firm is Assurance focused--despite the lack of growth in this area.  Length of service, not performance, is the predominant factor in determining whether you make partner...better have >15 years of service, regardless of how effective you are relative to peers.  Gender and minority's status (with only average performance) vaults you to the top of partner consideration as the firm is trying to shake the perception of old white male partners.  PwC Advisory does not foster a "partner" culture--most partners are trying to undercut each other due to sales metrics and profitability requirements.  Therefore, you have too numerous to count examples of partners leading work in areas they have zero expertise in---just to get the revenue, as well as undercutting each other.  Highly passive aggressive culture.  Mixed talent--some exceptional, many/most are average to mediocre.