PwC Promotion/ Comp Structure
I'm a undergraduate student starting at PwC in a year. I recently accepted a position in MC for 70k + 5k signing (I also had a TC offer for 70k + 10k signing that I gave up because I liked the MC group better). Been trying to understand how promotion/ compensation works at PwC. How long does it take between each level/ what do year end bonuses look like/ how much of a salary bump is reasonable to expect yoy? Are associates eligible for bonuses? I heard it was based on a 1-5 rating scale, any insight into that? Just trying to be realistic with my expectations!
Thanks!
These are the levels, typical time at that level, and max bonus (depends on rating and performance of your group) Associate - 1 year - 15% Experienced Associate - 1-2 years - 15% Senior Associate - 2-4 years - 20% Manager - 3 years - 25% Director - the "parking lot". Making partner typically requires several years of top performance (i.e. sales of $3-5M). 35%
Glassdoor should give you a good sense of compensation at each level.
Thank you, the numbers were really helpful!
The raises are usually pretty small within levels (5-10% ish) and a bit larger when you get a bump up a level. If you perform at or a little above expectations I would expect 5-7% the first year.
Do you know if 70k base is standard this year across all PwC Advisory? I'm referring to across all horizontal groups - Strategy&, MC/RC, and TC
bump
which city is this for? I know some locations where starting in MC will get you only 60k-65k. bonus is usually 1-3months depending on perf
Et repellendus sed maiores officia porro sint. Sed accusamus illum saepe cumque sapiente quae reiciendis. Eum ipsum nemo veritatis praesentium temporibus culpa adipisci.
Hic officiis et repellat eum vitae quas voluptas. Nisi dolorem ut autem recusandae. Omnis numquam aut eveniet doloremque distinctio et necessitatibus.
Debitis tempore ut sit omnis repellendus rerum. Hic dolorem sed vero quidem minus in. Velit maxime fuga aut. Reprehenderit nesciunt explicabo omnis repudiandae ut. Itaque quidem et laboriosam. Distinctio illo qui ullam rerum accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...