In a firm like PwC, if given a choice what would you choose, the promotion or better hike at same position?

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Subjective to respective individuals. Promotion brings new connections to leadership and pathway to career growth. Hike at the same position is need of the hour to beat inflation. Wish we could have both. Sad I did not get promoted this year again 😞

likeuplifting

Hike

uplifting

Better hikes anyday!

uplifting

Promotion if you willing to stick long term and hikes if you are looking short term.

With promotion your band changes and you are likely to get better hikes in future.

With better hikes you ll move towards the cupper end of the current band and future hikes will be low if you don't get promoted

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It's a function of where you are in the pay band... If you are on the lower end you ll get good hikes irrespective of your performance.

If you are on the higher end you get low hikes irrespective

It's a socialist structure largely when it comes to hikes.

Bonus is decided by your performance.

On what basis do we get promoted like any criteria or is it solely only on performance and contribution that we bring to the team?

From my own experience, it's not based on performance alone.

Ok thank you for your response, can you please mention what all factors are considered for a promotion? Like I have recently joined PWC and are there any chances of me getting promoted in the next FY i.e in June 2026?

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Hope you and your family is safe !

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