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We have been hiring Accenture/EY/Deloitte Managers and Sr.Managers as Partners at PwC and paying them $600K. I highly encourage all Associates and Senior Associates from these firms to apply as well.
🧢
The worst part? Most of the Direct Admit Partner/MDs we are bringing in cant even sell work because their clients are covered by 2 year non competes from EY. So they are basically sidekicks to existing PwC partners and feed off their revenues (have seen this happen on 2 large engagements so far) - I know some pretty pissed off existing partners who had to share revenues as a result.
@PwC1: If I were an existing partner at PwC, I would be pissed off by this news…Are you a partner?
Rising Star
For the record, I’ve not seen a non-partner from a Big 4 get recruited as an equity partner to another. In rare cases an experienced Director / SM could get recruited as an MD.
Oh yeah? Give me the initials 😊
Rising Star
I’m a BCG janitor, do I qualify?
Rising Star
I know my limits, don’t wanna overshoot
This is nothing new. Big4 constantly targeting each others staff / partners; and people constantly move between them.
Vote hasn't happened yet; expect PwC looking at this too (despite the media releases). Wouldn't count on any of the Big4 being a 'safe bet' in terms of not splitting in the short to mid term.
Rising Star
EY, buddy, I have a very significant amount of knowledge regarding these types of decisions. The nativity is yours in believing Carmine’s PR crusade.
Are IBM APs on the radar as well ? For tech consulting.
EY2 I thought you were referring to the business that PwC sold to IBM that was called Monday for about a week
Given the feast/famine nature of the industry I would expect H2 2023 to have reports of mass culling at PwC
I meant for the yet-to-be-hired 500 direct admit partners the article references, P2 :)
Chief
PwC1 doing gods work
I am a mechanical engineer by Profession, 6 year professional experience. MBA, and am now enrolled in a master's in finance - graduating in summer 2023. Spoke to consultants but all said the firm has a freeze on hiring, yet some say: hiring but don't know which department. I see daily a lot of posts on Big 4 but unable to crack anything. Can you please help me in any regards?
What is Manager comp now at PwC ?
Is this Antiques Roadshow? lol