When accounting goes unaccounted for
Tim Ryan must be taking his favorite pillow camping this Labor Day weekend:
https://www.instagram.com/p/CEw9ZhaHGQa/
You forgot a hashtag, Pillow. #PwCProud
Related article:
Move Over @MickelsonHat, a PwC Pillow Is Taking the Social Media World By Storm
Whores PwC employees in Romania are being sent on mandatory vacay starting this month through June 2010. The leave will be for fifteen days and will be unpaid, according to Ziarul Financiar, a daily financial newspaper published in Bucharest.
We were hoping that the firm would require everyone to take the same fifteen days off in order to participate in a firm wide charity event but instead PwC Romania has asked to employees to take turns being quasi-unemployed for half a month and will simply do more with less.
This is not a measure that we have heard about occurring Stateside but there have been delayed start dates and sabbaticals which some may say are close enough. However, the innate ability for Big 4 types in the U.S. to show up to work when they aren’t supposed to would certainly foil any potential cost savings. Until, of course, someone reminds them, “Aren’t you supposed to be on vacation?” to which the glutton for punishment replies, “Oh, I’m not charging the time.”
We heard a rumor today that PwC is currently renegotiating their cell phone contract because, yes, they underestimated the amount of texting that would be done by employees on work phones. Foiled by Gen-Y again!
We realize it’s hard to believe that the numero uno Trainer would somehow not educate its people to avoid sending hundreds of sexually explicit messages to the person in the next row when they simply could have pull together some instructions on cubicle sex. This would have alleviated at least some of the problem.
Well it’s too late now, you randy fools. You’ve no doubt cost the firm millions in charges because you couldn’t compose yourselves.
On the other hand, who were the geniuses sitting around 300 Mad trying to figure out what the texting plan was right for P. Dubs? We know Bob Mortiz wasn’t in on it. Did they consider the fact that PwC employees might be a bunch of savages that would be spending every waking hour sending photos and dirty limericks to their spouses and FWBs?
We understand that firms are trying to save money these days but jesus, it’s common sense to spring for the unlimited texting plan.
UPDATE, Friday, Feb. 12th: We heard back from a source who shared this:
I think they give us something like 100 a month (not positive) which doesn’t affect me, but some people in my office laugh about how much they go over.
Let’s say it is 100 a month. Depending on your prowess, one sexting encounter could conceivably use up a whole month. Someone tell PwC Ops (or whoever is in charge of these things) to go for the unlimited plan.
As
you know, the Big 4 are pretty competitive when it comes to landing the best talent. The brightest brains. The biggest, swingingest…well you know. Anyhoo, PwC has been on tear this year, luring an accounting firm equivalent of a platoon from KPMG. They’ve also managed to pick off people from Duff and Phelps and the SEC.
But now the tables have turned unexpectedly on P. Dubs. They certainly had to be wary of the likes of Deloitte, E&Y and yes, even KPMG trying to woo their partners seeking greener pastures but it’s highly unlikely they saw this coming:
WTP Advisors, an award-winning, global tax and advisory firm, announced today that it has opened a new office location in Long Beach, CA. The new site will be headed by tax expert, Jon Worden, who most recently managed PwC’s West Region International Tax Services Quantitative Solutions Team. “Jon is a terrific choice to lead WTP Advisors’ West Coast tax practice. Like all WTP directors, he has Big Four experience, combined with a drive to forge deep and lasting client relationships. His personality, talent, and ambition will represent us well with large multinational companies in this region,” says Mike Minihan, Partner and co-founder of WTP Advisors. In his new role, Worden will be responsible for serving the L.A., Orange County and Northern California markets, as well as cultivating relationships with organizations up and down the West Coast.
Or maybe they did. WTP Advisors was founded by “four PwC veterans” back in 2005 according to this Fortune blurb on the firm’s website. It also boasts that it “has retained 100% of its clients” since the founding of the firm. The clip above is also from said blurb which depicts some sort of Rumble in the Professional Services Jungle between WTP and PwC. Perhaps WTP is gunning for P. Dubs because there is some bad blood there, we don’t know (but would love to hear about it). And with only 75 employees and $12 million in revenues, they barely register on Bob Moritz’s radar but it’s clear that they can poach P. Dubs talent and they are already better at using PR to make it known than some other firms.