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This is how you walk the talk ! PwC 🤟🏼 Sooooo much better than so called “unlimited leaves” BS. Take note EY Deloitte KPMG

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Unlimited PTO is great if you're the company. Some people think it's a great deal, but it's just the company removing liabilities. Personally, I like to quantify my earned days off and if I decide to leave the firm get paid for those earned days.

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ZS’s MD: “Last year we gave everyone one extra day off. We received a lot of questions and mixed feelings- some were actually more stressed about it! So we won’t be doing it again.

We’re always trying to improve as a company!”

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My manager went to extra lengths to apologize to our client about the whole office being off that day and pushed our team to get extra deliverables handed off to keep them occupied while we were gone. Needless to say I’m glad they aren’t doing that again this year, the extra stress and weekend work was not worth it.

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One time Deloitte sent an email asking me how I was feeling, so that’s something

likefunnyuplifting

Tomorrow is almost here

This is the result of a cost benefit analysis in response to the large balance sheet liability from accrued vacation hours. I feel sorry for anyone who thinks this is altruistic.

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@M1 in your example, Scenario A the firm pays you more when you leave but they also get an extra week of billable hours and therefore earn more revenue from you.

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We have a $1000 wellness fund and 25 free therapy sessions.

I’m glad PWC is finally catching up.

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but it does count against utilization doesn't it?

Consultants behave to be BRIBED to take PTO. What is wrong with this industry?

On your deathbed y'all expecting your clients to gather round? Someone gonna speak at your funeral about how great your decks were and all the organizational transformation you drove?

Smh 🤦‍♂️

likefunny

Ok no, people need more than 2 weeks of vacation. Unlimited is so much better than this

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@EY4, I don’t understand why people struggle with this concept. People who can’t take their full accrued amount would roll it into subsequent year, then use before it expired. Doing this obviously would leave you carrying a not at all insignificant accrued balance at all times, which inevitably gets paid out to tons of folks as this is a high turnover business. Additionally, because of the seasonal nature of our work it can also serve as a reduction in comp even ignoring the rollover, as people will now inevitably leave when their busy seasons end in spring/summer but haven’t been able to take any vacation during the year yet, so no vacation or payout. Anybody saying this is good policy for employees or is not a comp reduction either doesn’t understand it or is lying.

Damn, EY feels attacked 😂

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Lol look who’s talking!🤪

It’s all a matter of BS calculation. Risk of AP for all the outstanding PTO > those new incentives

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Win-win means I beat you twice

Who cares...its all the same BS. But, an extra grand is kind of nice. Good on PwC.

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Especially if you’re not planning to leave and cash out anyway.

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Deloitte sends me an email asking how am i feeling (my energy level) sometimes. And if i say i am burnt out, it doesn’t make a difference. But hey, at least they asked! 😄

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D14. What is a coach? Like a mentor?

Don’t be a dope OP. They are just trying to move cost off the balance sheet. It’s far cheaper for them to pay you an extra $250 than to pay you out for a week of salary. This has nothing to do with well-being beyond the good PR

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I won’t take vacation when my salary is low but when I leave let’s say after 5 years my salary ideally is going to be higher so I will get paid more in the future payout than I would if I take the vacation now. So I feel it’s in PwCs interest that people take vacations and not accrue it too much for a larger payout at a later date.

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My fellow EY folks are salty af in this post

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Deloitte just got 3 weeks of PTO that now counts towards utilization, i can now take 30 pto days and all holidays/discconects and still hit my targets for a total of 46 days off/9 weeks off a year

likeuplifting

Try working on two projects at the same time with 25% utilization on one, 100% utilization on the other along with working on a firm initiative - all with absurd commitments to clients (but no resourcing to meet commitments and plugging in stop gap resources I.e. clueless idiots to "get the job done"), plus PPMDs and SMs who micromanage without getting their hands dirty.

Life is peachy - now if only someone could ask permission from the Practice head for taking PTO in excess of the max 2 week limit "allowed" without pre approval lol.

All this "unlimited"/"incentive" PTO is just branding BS which covers the dark reality of these firms and over exploitation at the mid-management layer.

To be clear, the amount of vacation you are afforded doesn’t matter if the leadership culture shames, punishes, or otherwise penalizes you for taking time off. It’s easy to get into the firm wars, but it’s deeper than that.

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We have nothing like anything discussed in this thread

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Why are so many people arguing which big 4 is better LOL it’s all the same stuff with a different name

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Would like to better understand how different is the culture between the big 4 and what makes them so different? I would have assumed they would be similar.

Easier to get to the moon that to get approval to take time off for more than 2 weeks with Unlimited PTO Bs

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Deloitte Canada just communicated 9 extra paid days off - a few full fridays, some half fridays, and long weekend extensions. Challenge is it will now be up to projects to make sure their teams can take those days. Always the disconnect.

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Yup, same as summer hours elsewhere

smart

Wow, I know where I’m looking...

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Wishing you all this kind of day!!!

Zaila Avant-garde, Winner of the 2021 Scripps National Spelling Bee. Photo by Scott McIntyre

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