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Jul

29

PwC Admits Offering Graduates Cash to Defer

Posted by The Spy | Posted in Firm Gossip, PriceWaterhouseCoopers | Posted on 10.15am

It is always nice to hear when a rumour that we exclusively report is subsequently confirmed by the firm in question. And so, it is with a sense of pride that we can today report confirmation of a rumour we reported back in January this

capital, nothing more
year that PwC was seeking to defer graduate start dates.

PwC offered $4000 cash payments for graduates to begin work in July, rather than at the start of the year, it was reported in the current BRW. Some 120 graduates accepted the offer, or roughly one third of the 2009 graduate intake.

PwC’s Nicola Brazil, the Big4 firm’s “Head of Development Human Capital” (is it possible to imagine a more bizarre job title?), said of the changed start dates:

The benefit of a rolling recruitment program over a fixed intake is that you can respond more immediately to business needs, and peaks and troughs in different areas of the business.

Has your firm deferred start dates? Send the Firm Spy your news and views!

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