Just a quick FYI to anyone who thought PwC was going to give some massive raises, this was not the case. Associates saw ~5% base increase, Senior Associates saw ~13% base increase, Managers saw ~10%, Senior Managers saw ~5% increase, Directors saw ~5% increase.

So unless you were an Senior Associate or Manager, you are making the same money you were 24-months ago, but with all the fun expenses we now incur with WFH.

likehelpfulfunny
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Glad I left I suppose

Didn't PeC recently hire a whole bunch of people from other firms at very high salaries?
Someone has o pay for it I guess!
Those of you who stuck around and showed loyalty are now paying the price.

Del1: You know what you know but you don’t know what you should have known.
Thank you for explaining the cohort

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Recent IconRecent

Manager here - TC - got 24% salary increase

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Nice. What’s your total comp now and what’s the tier city?

In a similar note, this was posted on FB a few days ago.

https://docs.google.com/spreadsheets/d/1p82A0ORFPWb6pHMv0LFKzM4FClvFoDQ8HsNTEZkXtKQ/htmlview

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Oof someone may get in trouble

Lol I am an associate and got a 35% increase in comp

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I got promoted to director (T3) advisory and saw an increase under 3%...

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A1 to A2 12.5% raise..

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Wait... Work from home expenses? And didn't they give everyone $250 for that?

Travelling really subsidizes the lifestyle of the young & single associates right out of college because you dont have to pay for life 4 days of the week.
I would say about a 10% hit post tax.

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Is it true across all the service lines and all locations?

OP - not all assurance groups had previously lower comp - R&R ETS was pretty on par with our new cohort grid when we were in assurance (at least at the Associate to Senior level)

Not true. Quick FYI..
It varies a lot for TC, MC,Start&, MBA, non-MBA, City Tier etc..
I’m in TC non-MBA Tier 1 City, and I got a 30% jump for a Manager

SA2B to M1A is 30% because of the promotion raise and the market adjustment

likehelpful

Numbers vary quite a bit. SA2 —> SA3 with an mba and saw a 4.5% base salary increase

Correct, the referenced numbers are approximate averages based on the distribution across the tiers and cohort models.

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This just isnt true lol

Sh$$t! I picked Accenture offer over Pwc two months ago.

the sal hikes were practice specific. in the salesforce practice it is almost 25% across the board till Sr Mgr level. not fake news, i am RL for many

Went from A3 ($83K) > SA1 ($109K) in TC in a tier 3 city. So 31.33% increase. I think your statement might be more applicable a higher levels, they didn’t go crazy with the increases.

It’s because they kept jobs during the pandemic which should not have been there. Though to their point, they have a lot of work and everyone is being utilized. So perhaps next year should be better.

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