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A consulting partner at PwC firm is answering your questions about his experience in the industry and at PwC. This is private for PwC consulting employees, so ask your question!
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How do partner post retirement benefits work? I’ve heard you’re eligible after 10 years and it’s a % if top 3 years avg income... is this correct?

How does cyber leadership support global deputation ?

What is the difference in expectation between senior manager and director? Will m3 automatically become sm?

Just for clarity, there is a partner that refers to himself as ‘Partner 1’, I am not that partner.

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Partner 1 - can you please address this post? post_72yb "Can you please evaluate your directors more closely ... More than 75% of attrition is because of them..." (35 Upvotes, 11 Replies)

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In your eyes, is it “worth it” to become partner? Or is it better to start your own business? If you go could go back what would you do?

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What was the rationale behind increasing manager utilization targets?

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I am going to check out soon, thanks for participating. I will answer any last minute questions for the next hour.

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What is the partner buy in amount?

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How does the partner retirement/pension plan work? Is an income guaranteed for life? How does that get calculated?

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Now that we’ve sold the public sector business, are we looking to rebuild it to level with competitors ?

What material impact (if any) do you see the new GTM reorganization having on our different roles/ranks?

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What is the biggest misconception about being a Partner at the firm?

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Which part of the business will be carved out and sold next following the PS sale?

Do you feel like our strategy actually has us differentiated in the market? Do our clients actually feel any differently about us overall compared to our competitors (other big 4 and ACN)?

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What do you think of other companies like Accenture?

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Are you seeing any change in behavior based on the increased scrutiny on utilization and EM? I feel like there’s less teaming than a few years ago. Is that acknowledged as an unintended consequence?

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When are bonuses paid?

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What is the view of the firm's culture among the partners right now? I ask this with the frame of the lower global people scores, high burnout scores and my own experience at PwC.

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Happy to be answering questions, please note that the answers are my own and not that of PwC.

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Can you speak about the future of S&? There is general agreement that the S& acquisition has not paid off for PwC so do you feel that it might get absorbed into PwC or sold off?

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What’s your take on the impact immigration laws have had on so many of our people? Seems like many of the good ones are looking at exit opportunities due to the uncertainty of the whole situation.

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Wow I like this guy! Thanks partner 1 for being honest in your replies.

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Do H1-B employees get paid lower than an American in the same role? Is there a benefit of having H1-B over an American grad? There is certainly a ton of talented American grads who can do this job

Can you share which practice you are from within advisory? Or is that too much information to ask?

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How do you view yourself as a partner vs MBB partners? Personally, I start seeing differences even among PwC and S& partners. Just want to understand where you see your strengths vs weaknesses

Let’s say you work on a project with someone from another practice and really connected with the person - how should that person approach you in case he/she wants to switch to your team?

Was the Strategy& acquisition a mistake? What would you do differently with the benefit of hindsight?

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Do you have any suggestions for a strong candidate (M-> D) for promotion who overlooked solely because of the practice they are aligned to and was initially denied movement to a different practice?

How true is it that cyber teams are needing to turn down/delay projects because they don't have the manpower? I've heard this from the Penetration Testing teams, Cloud Security, CyberArk, etc.

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What's your average work week including travel time look like?

I have heard partners, current and retired, mention that the benefit of partnership for new partners has been degraded quite significantly from even 10 years ago. Do you think this is true?

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What is the one piece of advice that you would give a woman of color to climb up the corporate ladder, steady and fast?

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How do partners really view those of us in IFS? Are we like servants or something?

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Cont'd. He fired me for raising unethical practice that a dir. on my proj. was following. Today I have my own firm with a revenue of $30M. How do you reco..this should've been handled by the p… more

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A PwC partner once told me I should not have take paternity leave when I asked for a promotion ( I had 13m in sales and a personal recommendation from Mr. Moritz) .( contd..)

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What advice would you give to an exp. hire candidate struggling to find a good job because his resume does not do justice to his experiences? Feedback is "over-qualified" or 'no suitable… more

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Who directs our HR? Do the advisory partners give them their marching orders? Many people feel like HR is not there to support/protect us but to just staff us. So bad that you want to report HR to HR

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How do you think the firm, advisory in particular, has done as far as supporting new mothers? We have decent maternity leave but experienced negative back lash from HR when asking for flexibility

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Was recently asked by a new joiner if they were included in the bonus pool and have only been here for 6 months. Was no the correct response?

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