Although people in banking often disparage Big Four jobs, these jobs come with one huge advantage: their abundance. Every year, the Big Four hire tens of thousands of people — many of them new university graduates.
Infor example, PWC hired 64, people globally and Deloitte hired 77, KPMG hired 39, people into graduate or other entry-level jobs. Even EY — the smallest Big Four firm — hademployees globally. The Big Four are a literally huge source of job opportunities. In some ways the Big Four firms are all very similar. They all work with big clients. They're all global.
Measured in terms of revenues, Deloitte is the biggest Big Four firm. Deloitte is massive. Like most Big Four firms, Deloitte splits its business into different areas. They are: audit and assurance, consulting, tax and legal, financial advisory and risk advisory. Managing people arm. Deloitte insiders dispute this and say simply that the firm is more entrepreneurial. PWC is the second biggest of the Big Four professional services firms. PWC is big on inclusion and diversity.
Like the other Big Four firms, KPMG works across different service areas, including: audit, tax, pensions and legal, deal advisory and consulting. With roots in both Europe and the U.
What makes KPMG special? KPMG is expanding fast. Last year, it hired 2, experienced people in the UK — a third more than a year earlier.
EY is the smallest of the Big Four firms. Huge numbers of people want jobs at EY as is probably the case at other Big Four firms. Like most Big Four firms, EY has a big emphasis on diversity and getting more women into its top ranks. EY is pushing strongly into technological consulting. They effectively own the Big Four companies. You can sometimes get hired into the Big Four as a partner, but this is still pretty rare. The best way to become a partner is to work your way up over time.
This might sound like a bad deal, but partners get paid a lot see the chart below and receive a share of the profits. The chart below shows pay at the Big Four in the UK. Contact: sbutcher efinancialcareers. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear.
Get the latest career advice and insight from eFinancialCareers straight to your inbox. Please click the verification link in your email to activate your newsletter subscription. Click here to manage your subscriptions. Search Jobs. Graduate Guide. What are the Big Four?When you think of PwC, you might have in mind a Big Four accounting firm.
Maybe you think of a consulting firm too? This, however, is not how PwC and its employees would have it: they define the firm they work for in terms of its purpose. And PWC's purpose is not to monitor companies' balance sheets and tot-up their bottom lines. Nor is it to help clients work more effectively and efficiently. PwC's new ish purpose isn't the result of an epiphany or a product of corporate evolution. It came about after the professional services firm set out to establish precisely what its workforce wanted.
Three years ago, PwC asked all its staff what they were looking for. The responses were reflective of the prevailing demographic. We had survey responses frommembers of our millennial population globally. PwC therefore upped its focus on flexible and remote working. Nowadays, its meetings are as likely to occur on Google Hangouts as face to face.How to prepare for your virtual interview at PwC
Teams sit down at the start of each project and discuss how they can balance the task in hand with the preservation of their interests outside work. PwC's 28 year-olds also wanted a, "coaching culture. PwC's initiatives appear to appeal to more than just the Millennial population. Aspiring employees rate it particularly highly for its interesting work, opportunities for promotion, culture and diversity. PwC sees diversity as more than mere gender and ethnic heterogeneity.
Hinton says they track data on disadvantaged applicants and are proud that the proportion of junior recruits who received free school meals is comparable to that in society at large. PwC was also one of the first firms to remove a UCAS point requirement from its UK graduate applications on the grounds that UCAS points are biased towards the children of the middle and upper middle classes.
Like banks, PwC has a reputation for working its staff long hours — particularly at the year-end in audit, when employees can put in 12 or 14 hour days to meet deadlines. Also like banks, PwC has also been toiling to make its work more interesting.Headquartered in New York City with 86 offices across the U.
We took a look at some of the key areas that make PwC such an exceptional workplace:. Flexibility is a hallmark of PwC's culture. The firm believes it is not about working less hours, it's about working differently. Based on feedback from employees, the firm learned the importance day-to-day flexibility is for people —whether it's to take care of an elderly parent, volunteer, pursue outside interests or just spend time with family and friends.
And, it's not about formal Flexible Work Arrangements, it's about providing more influence on when, where and how people work every day. T he y also provide year-round flex days to full-time employees who work 40 hours in any given week; after reaching the 40 hour mark, employees can take the fifth day off that same week.
I have always felt that I could take the time I needed to be with my kids while at the same time, I have felt fulfilled and appreciated at work. PwC has long been known as a family-friendly employer -- and for good reason.
The firm offers weeks of paid short term disability leave to birth mothers plus six weeks of paid parental leave for both parents. New eligible parents can choose to take six weeks paid time-off to be taken consecutively or three weeks of flexible paid-time off. PwC also provides adoption and lactation benefits to employees.
I have been with the firm for 16 years - relocated four times for personal reasons, now have had three children, and work from home. There are multiple career paths for success, depending on your interests, etc.
At one stage of my life I wanted to travel internationally - and PwC provided me with the opportunity. Now, I want to stay close to home and I'm also able to manage a successful career. I wouldn't consider leaving. PwC employees can enjoy substantial time off to rest and recharge. Staff below manager positions start with 15 vacation days per year and get 22 days after their second year or promotion to manager, whichever comes firstwhile managers and above accrue 22 vacation days after their first year.
In addition, PwC offers an average of designated national holidays, a firmwide sabbatical program weeksleaves of absence, unlimited paid time off for firm-sponsored community service activities, and an unprescribed number of sick days.
PwC also understands that employees may need time off not only for themselves, but also to help care for a sick child, parent, spouse or domestic partner. In addition, employees can also take advantage of extensive healthcare benefits, including the opportunity to undergo their annual preventative health exams with Executive Health Exams International.
PwC offers a generous and first of a kind benefit to help staff pay down their student debt. The firm is committed to an inclusive work environment and are continuing to help break the glass ceiling for women in leadership.Last Updated: 15 May We spoke to a former audit graduate at PwC who prefers to remain anonymous about why she chose the graduate scheme she did, the value of her internship at PwC, what doing an audit graduate scheme is like, and where it might take you.
When I graduated ina lot of my fellow maths grads leaned towards the banks — specifically investment banking. I note that this has changed in more recent years. I had an older sibling who advised me against choosing banking while I was in university.
Post-crash, the market was uncertain and a lot of her colleagues had been let go. Given my degree, assurance seemed like a natural choice. If you are at a competitive university, especially in a finance-related degree, you will know that the second year sees students frantically applying for internships. I followed suit — applying for a single internship at PwC — putting all my eggs in one fragile basket.
Not surprisingly, I was rejected following my telephone interview. Fast forward a year and I was in a much stronger position. So, the internship was over. I always give the same answer — it is such a personal decision. If you strip everything back, all four firms are going to provide good experience and opportunities for your future career.
Regardless of the firm, you will have access to some of the biggest, most influential businesses in the industry.
I liked the culture, client base and, at the time, they were ranked number one although I appreciate this fluctuates. However, as an example, I know people that have worked at both PwC and EY who say EY has a more relaxed feel and more areas for growth. Do your research and follow your gut. You travel through the graduate scheme with a big group of different but like-minded people that you become very close with. You will have no idea where these people are going to end up but, for me personally, they have been integral in terms of decision-making, support and happiness throughout my career.
Within audit, you work with many different teams internally risk assurance, regulatory teams, valuations, to name a few and it means your internal network grows exponentially without too much effort. This is great if you ever want to transfer or have access to different parts of the firm. From an external perspective, a good bulk of your time will be spent at the client site.
Spending so much time with the client can be annoying at times FOMO from the people working at the officebut it is a great opportunity to network with external colleagues. This bolstered my confidence, knowledge and experience extremely quickly, and I was able to discuss and challenge areas of audit fairly early on in my career.
Work experience aside, over the three years, the majority of your time and hair loss will be attributed to the ACA exams or ACCA depending on the firm.
Yes, they are challenging but doable. The qualification still holds so much weight out in the market and is very well respected — qualified accountants are always high in demand in any industry. It is globally recognised and if you complete the work experience and pay your fees, you have it for life. On a practical level, you learn about much more than just accounting and the skills needed for audit.
The ACA qualification created the foundation for the rest of my career and so was well worth the tears. Post-qualification, I decided that I wanted to move out of audit and into a more commercial role. Candidates often have grand ideas of becoming a qualified accountant and then moving swiftly into private equity, investment banking, equity research or similar. However, I was armed, three years in, with a strong understanding of the accounting, audit, risk and operations of a business, as well as a deep knowledge of financial markets, banking and a vast network that spanned various businesses, industries and seniorities.From empowering mentorships to customized coaching, PwC provides you with support to help you develop your career.
Are you ready to grow? We are committed to trust and transparency in the markets, developing responsible leaders, communities that flourish and managing our environmental impact. That's why we provide many ways for our people to give back to the communities where they live and work. At PwC, we support an inclusive culture by acknowledging the unique experiences and perspectives each individual brings to the table. Clients look to us for broad thinking and perspectives.
For that, we need people of different cultures, backgrounds and experiences—as well as the cultural dexterity to work across those differences. We emphasize the importance of real-time feedback, so that our people continually improve their professional skills and enhance their personal brand.
We also offer a wide variety of training and developmental opportunities so our people stay relevant in the marketplace and build their credentials and experiences.
We believe you can be both a great parent and a high-performing professional. Our programs, benefits and resources are designed to help working mothers and fathers meet the dual demands of family and career. The firm's culture acknowledges the challenges and provides the flexibility and individualized career options to provide all of our people with a unique people experience. We also recognize that to perform at their best, people need to recharge and themselves—and our vacation and holiday policy supports our commitment.
Corporate culture is derived from the people that create it. Our people are at the heart of our business strategy and success. At PwC, you have the opportunity to expand your personal experiences, challenge traditional career paths, and develop a mobile mindset like never before.
We offer a comprehensive, flexible, and market-competitive benefits program. Our benefits package reflects the diversity and mobility that make PwC unique.
All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www. All qualified applicants will receive consideration for employment at PwC without regard to race; creed; color; religion; national origin; sex; age; disability; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, marital, or citizenship status; or any other status protected by law.
PwC is proud to be an affirmative action and equal opportunity employer. Why PwC From empowering mentorships to customized coaching, PwC provides you with support to help you develop your career.
Why PwC? Commitment to our communities. Diversity and inclusion. Learn more about our commitment to diversity. Professional development. Learn more about the PwC Professional. Support for working parents. Explore our benefits. Explore our Flexibility Talent Network opportunities.The current US chairman is Tim Ryan. The Global Chairman is Bob Moritz. We all know that PwC changed their dress code, but what did they change it to? What shirts, dress, skirts and shoes are appropriate to wear.
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Find out on our PwC Dress Code page. Before that logo they were called PriceWaterhouseCoopers, and there logo reflected that as their old logo was the Pricewaterhousecoopers name with a small pwc at the end.
In they decided to switch to a simple pwc logo with a flare of colors coming off of the letters. They rebranded to the colorful logo in order to spice things up. The colors of the new logo included bright oranges, yellows and reds. Therefore, they had two separate logos before merging. Make sure to check out PwC Revenue page for more details. Read more about the big 4 accounting firms revenue here. As ofPwC hadpeople working across their global network.
Those employees were located in countries in office locations. The breakout by region was as follows:. At the end ofPwC had 10, PwC partners working across the globe. They were in charge of counting the ballots for the Oscars and handing out the ballots with the winners.
If You remember PwC handed out the wrong envelope for best picture. They awarded the best picture to La La Land. They hand the wrong envelope to the presenters and the presenters got confused, so the presenters announced La La Land as the winners.Be a game changer. Change your perspective and join PwC! We are matching their curiosity with continuous learning opportunities by creating an environment where people and technology thrive together to deliver game-changing solutions.
Join PwC. Be a game changer! PwC is a perfect workplace to learn from some of the smartest, most diverse and insightful people around. We are committed to developing high-performing professionals. From innovative learning approaches to customised coaching, PwC provides you with support to develop your career. Our work is often challenging but your development never stops!
At PwC, we believe the most important problems are better solved together. Collaboration of unique people, skills and perspectives significantly broadens our mindset and creates the most value — for our clients, our people and society.
While we come from different backgrounds and countries, our values define who we are, what we stand for and how we behave. At PwC, we are creating a friendly culture supported by respect and mutual encouragement that enables our people to achieve more. All rights reserved. Please see www. PwC aims to be organization of the future. Join PwC and be a game changer.
View all our job opportunities. Continuous development. Teamwork culture. Friendly workplace. Feature - 4 items.
Why Audit at a Big 4 Was the Best Decision I Could Have Made For My Career
Explore PwC Find out more about our business. Entry Level Careers Explore career opportunities and learn about our programs. Experienced Careers Take your career to next level.
If you'd like a career with us. View our available opportunities. What is PwC? Career growth Professional development. CEE Offices.