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Hi, I have an offer for the position of Senior Associate at pwc AC Bangalore. Can you please tell if there is a permanent wfh and will they give it in writing. And how is the WLB at PWC AC Bangalore. Is it true that I will have to frequently work late at night. Is the shift timings 9 to 6 as the hr told me or it usually extends? Pwc AC PwC
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I could be biased...but, I personally feel laterally hired Partners don’t understand the company culture. Also, I consider such folks as ‘impure blood’ :)
I have so much more respect for people who grew all the way in the organization from associate/consultant to Partner level.
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Comes with a catch, at least at PwC. As a direct admit, there’s sort of a probation period before you’re formally admitted into the partnership. You still have to buy in, assume all the responsibilities of a Partner, and get the title, but are a salaried staff. You have to basically prove yourself before you can enjoy the actual long term financial benefits of being a Partner. One of the EY SMs who came in as a direct Partner in PwC explained this to me, when I asked him this question (really humble guy).
PwC 1 - your perception is 100% incorrect. I was a direct admit. When you come in as a direct admit, you are a full Partner, full stop, not a salary person at all. You are compensated exactly like any other Partner. The probation period you talk about is a clause in the Partnership agreement that gives the firm the ability to more easily let you go if you don’t live up to expectations. This period usually lasts around 3 years at which the firm either decides to drop the clause, extend it, or separate you.
Yes, and No. Yea, I think it’s easier to come in as a direct admit Partner (I did) but you have to understand, you most likely need to be a Partner at your previous company in order to come in as a direct admit partner. In other words, you’ll most likely not be a Director somewhere and get a Partner promotion by jumping ship. That really doesn’t happen.
Which firms did they go to?
Such a slap in the face for the home grown people in the pipeline
But if pipeline is full, seems direct admit route is easier to navigate with less traffic, no?
Definitely true for IBM. Especially for practices where leaders are from outside.