Here’s Your Open Thread for PwC Compensation Discussions (2015)

Posted on by Caleb Newquist

Oh, look, it's mid-June. Busy season is over and compensation season is here. Yes, it's time to find out which of you have been justly rewarded for your efforts and which of you are feeling like an untipped bathroom attendant.

PwC is always the pacesetter in comp discussion season and we appreciate their consistency, as I reckon the PwC masses do. Employees at many other accounting firms probably appreciate it too, otherwise they'd be receiving raises that are half the rate of inflation. 

As usual, the more anxious of you have been dropping us hints:

PwC Comp talks start 6/17 Where’s my thread, yo?! 

And:

Shouldn't the cronies at PwC start getting their comp notices by now?

Alright, you heathens. Kindly respect the process, as people take this quite seriously. When you're sharing your info, please cover the following:

  • City (region is not informative) & Line of Service
  • Promotion (if applicable) & Rating
  • % Raise 
  • % Bonus (if any)
  • Optional: Old & New Base

Then you should definitely express your joy, sorrow, anger, or whatever feelings you're having. It's okay, you're in a safe place. And if you'd like to send us information or thoughts this compensation season, hit the button at the top of the page or email us. 

Now enjoy! But try not to make a scene.

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Who Has Questions for PwC’s Bob Moritz?

Good morning and welcome back, capital market servitudes. If you’re a PwC employee, you may or may not have heard some rumors that I might be making an appearance at the firm’s townhall meeting this week to chat up Chairman and Senior Partner Bob Moritz. Well, I’m happy to report that, despite a number (read: LOTS) of detractors and an intensive background check, I am being given 20 minutes with BoMo to ask him whatever I want. The problem is, I’m out of ideas.


Of course, that’s where you all can help. If you have questions that you’d like me to pose to Roberto, then please leave them below in the comments and we’ll add them to our current list of inquiries. Maybe you’re a PwC employee who wants to know where all the holiday cheer is. Maybe you’re wondering what Bob’s job entails when he’s not writing painful letters to auditing regulators. Maybe you’re a KPMG partner who is patiently waiting to HEAR BACK ABOUT A JOB. Whatever’s keeping you up at night, just let us know and we’ll squeeze in as many questions as time will allow.

This may be your one and only chance, so don’t let this slide. Go.

PwC Accepts Responsibility for Losing Personal Records of Alaska Public Employees

In Alaska news that doesn’t involve Sarah Palin, it emerged late last week that PwC lost the personal records of 77,000 public employees and retirees who participated in the State’s Public Employees Retirement System and the Teachers Retirement System in 2003 – 2004.

Alaska had engaged P. Dubs as expert witnesses in a lawsuit against its former actuary Mercer and turned the data over to the firm for analysis during the discovery process. PwC discovered that the data vanished in December and PwC notified the state last week (nobody wants to share bad news during the holidays).


PwC has accepted responsibility for the whole mess and has agreed to pay for identity theft protection, credit monitoring, and security freezes (if necessary) for the 77,000 employees affected. The firm will also reimburse any losses suffered by any of the participants.

The firm must have realized that there was little upside to disclaiming responsibility, as this would inevitably lead to a sentence in a Sarah Palin speech that involved PwC opposing God, guns, and regular Americans. Populist rancor would ensue and the firm would be run out of Alaska within a week (give or take).

This is the second SNAFU for PwC in the last month. The firm issued a press release on January 15th announcing that someone was sending bogus PwC checks to random people advising them that they had been selected to be secret shoppers. It’s not clear as to whether this is a sign of the wheels coming off or simply bad luck. We’ll keep you informed of any additional slip-ups.

State Acts Promptly to Safeguard Alaskans Against Potential Identity Theft [State of Alaska Department of Law]