In response to a recent post profiling suspicious survey results suggesting PWC is a ‘top employer‘, we received the following comments from an anonymous PWC spy in relation to a revised Chartered Accountancy study policy:
… There are a lot of extremely pissed of employees at PwC feeling a little bit like indentured slaves that get dictated everything. [First] a … pay cut to take ‘flexible’ leave. [Second]That there is no overtime system anymore (not that TOIL was awesome, but at least it was something). now CA. This firm just does not stop – graduates stay away and make sure you ask questions about how long your are locked in for if you want to do CA! PwC can now fire you if you fail 2 subjects. It’s all under the ‘policy’. Payraises were so bad this year that 2nd year accountants are only being paid $1k more than 1st years.
The evidence is certainly starting to mount that PWC isn’t quite the international employer of choice that graduates apparently believe it is.
Can your firm fire you if you fail too many subjects? Let the Firm Spy know first.
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Yep, it’s absolutely SHOCKING that PwC would want to retain, ahem, competent CAs.
Partners should burn for that. AND pay for their own PI insurance.
Look Deloitte is not too far behind. Experienced analysts only earn $2k more a year than grads. Also, if you fail 1 subject you get a warning, 2 subjects a written warning and 3… you’re fired!