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Yep fuck this shit. I'm out at the first opportunity I get. Been here 5.5 years since being hired as a campus associate. Can't pull this garbage a month before CRT's. Literally no transparency about it. Buried it deep within PwC news.
Check out the "Inside PwC" email for the news. It's buried deep. Last article in the list.
Exactly. Talk about a total lack of transparency. We hear all year about how the firm is going gangbusters then when it comes to review season all of sudden there's a need to scale back how we're rewarding all that staff that's actually been driving the revenue.
^I agree with this! Part of the reason I hang on is the financial incentives of becoming manager.
Leadership just doesn't understand that these types of changes leave a lasting impact. If you feel like you've been "screwed" by the firm, how long are you likely to want to stay there and grow your career?
I love how the whole thing was presented as a recommitment to showing appreciation for new managers. Also, I love how they announce shortly before promotions to get the benefit of people working as if they were getting more money until right before they get the promotion.
Cohort model is more impactful than this, however, this is still a smh moment
Wow what the fuck PwC
Where did you hear this?