{ "media_type": "text", "post_content": "I have always wondered why PwC promotes so much later than other Big 4 firms (3 years to Sr, 3 more to manager). Every answer I've gotten has just been a complete load of shit...", "post_id": "58c4cd04e8642900161e3135", "reply_count": 33, "vote_count": 11, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

I have always wondered why PwC promotes so much later than other Big 4 firms (3 years to Sr, 3 more to manager). Every answer I've gotten has just been a complete load of shit...

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^This is correct. If you look at external job postings they all list a number of years experience and technical qualifications. They do not say "must be B4 manager". If a job requires 6 years experience and you've got 5 years and manager title, then you are under qualified still for the job, regardless of title.

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I think its up to the person being promoted and perhaps firms should stop promoting "everyone" regardless of preparedness. My client is a large SOX filer and when I made Senior at 2 years in I always felt prepared (although theres always moments you have to learn something new). 3 years as staff associate seems too many in my opinion. If you do the right things, it doesn't take 3 years to learn how to senior an audit, learn the business, and supervise staff.

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They want you to be able to handle any job in the firm at the level you are. If you're a senior that means they want you to be able to handle senior responsibilities on either a small private company or a huge Fortune 500 SOX filer. Unlikely that after two years you could do the latter.

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I have almost never met someone ready to be a senior after two years at the job

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Yes my senior that promoted after a year and a half on the job is woefully prepared

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It's that to say that the other Big 4 firms are promoting people that are unprepared?

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If you look at job postings they'll all specify 3-5 years experience or 5-7 or 7+ years experience they don't say manager or senior. It doesn't make a difference

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It's solely to make people wait another year for their title and stay 4 years instead of 3. Any other answer is total stupid koolaid. If they're that worried about seniors being able to do the bigger clients they can just restrict those to s2s and still give 3rd year people the s1 title.

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Also where are you getting two years longer to manager? Every firm does 3 years at senior to manager.

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Unprepared

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Thats the reason why so many people at PwC leave in their third year...

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I believe the pay is still comparable. However, as a person that wants to put in one year as manager and jump ship, why would I want to stay at PwC if it could take me up to 2 years longer to accomplish that?

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PwC did this for their own benefit. Plenty of people are perfectly ready to be senior after 2 years.

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Do they at least give a good pay raise for your third year? But really the reason is probably that it makes people stick around longer which is beneficial for the firm.

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And if you aren't leading a team as an a3 at pwc then no way in hell is that equivalent job search wise to someone leading a team at another firm. Just because a job listing says 3 years experience doesn't mean they wouldn't care more if you were or were not actually in a leadership position.

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Boston Tax we promote to 2 years pretty often

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On the same note, if you're a senior and you meet all the qualifications for an external manager position, you can leave to industry for manager level positions. All depends on whether you meet the qualifications and can sell yourself

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Deloitte is 5 to manager unless you are a super star Senior manager is a firm 8 or 9

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I think this rule is only true for audit. In tax, the norm is 2 years (and has been for the last 5-6 yrs).

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Also the firm does early promotion for the top performers, so it's not always 3 years to senior. This way though the weaker candidates don't get auto promoted after 2 years...

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