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Literally no one comes into their first job with any skills. But staff do come in with oftentimes a masters degree and some/all of a state certification done. You're acting as if any random person could walk in the door and get the work done. That's not true. Speaking from my point of view in tax.
Man you guys have a high opinion of our work if you think you are special for being able to do the grunt work on a tax return or audit. Anybody could do it. That’s why they are sending the work to India to people with a basic education. I totally agree after a few years you have picked up valuable and important skills, but come on - first years are only hired for their potential as second years/seniors/managers and up.
Yes, per Glassdoor.
@pwc2 yes and people who come out of Harvard also don’t have any skills and experience by that definition. Doesn’t mean they’re overpaid because they’re making more than the median American household. We are still talking about people who typically have a masters degree
I have a masters degree. As a staff yes I’m underpaid are you serious?
Staff are not underpaid. What exactly do they do? Not too much in the grand scheme of things.
@pwc1 staff are probably the most underpaid from an hours standpoint and compared to their peers not in B4/PA. However, very little stress is involved for the new guys. Absolutely no responsibility or skin in the game except getting promoted to senior I suppose.
I know I'm underpaid. I'm a manager 2 making about 100k. A senior 1 left and makes a salary of 85k with 25k in stock options each year. Another senior left from PCS to a GCR position and makes what I do. If I can leave here to a job that pays 25k-30k more I'm underpaid
I think it's the perception from seeing some people that you know make much more not pulling enough weight. Sometimes true, sometimes not.
Sure staff work a lot of hours (actually all levels do), but they also have near zero skills and experience coming straight out of college. It’s not quite unskilled labor, but it’s not all that far. Getting paid close to the US median household (not individual) income for close to unskilled labor is overpaying, not underpaying. They are challenged and most learn quickly so that math changes within a few years.
@pwc4 gtfo, you definitely did not work 60 hour weeks for 12 months.
Also, working working ridiculous hours isn't a badge of honor that you should be bragging about. Both you and @pwc2 are talking extremes. Staff will very likely work 60+ hours at times but they will never work 60+ hours all of the time.
I don’t feel that way because I feel like what I don’t like are the politics that exist in almost every job. Def agree with you about worse gigs out there
I didn't until I saw some other salaries on here. Nonetheless I know my quality of life can't be touched by the B4 salaries on here.
Routine oftentimes yet requires advanced education, state certifications, specialized knowledge, and long hours.
@PWC2 to be fair, the people in India have a solid college education as well. They aren't "basic education" folks at the outsourcing centers.
Wow, no wonder PwC is such a bad place to work given people like @PwC1 and @Pwc2. You don't think much of your work and your team. Of course, you are underpaid. Staff is expected to work 60 hr per week, that 150% of normal, thus are told they are paid 150%. If you are paid 60k, you are really making 40k. Plus, you get little bonus and no stock upside.
@PwC1 No wonder PwC is in trouble because of slackers like you and your team. We worked 60 hours a week for 12 months a year. That was why I left.
Actually KPMG 3, I know someone (first year) who literally did 11 months straight of busy seasons 😳 9/30, 12/31, 3/31, and 6/30 year end clients. She quit Hahahaha
I assume you are talking about Harvard MBAs who invariably have quite a bit of experience prior to completing their MBA. Totally different situation since they had to demonstrate they had the skills and experience to even be accepted in the program. Most of our requirements to get into college consisted of a mediocre SAT/ACT score so it’s really not comparable.
Degree doesn’t matter. Staff work is routine.