Please ensure Javascript is enabled for purposes of website accessibility

Comp/Bonus/Promotion Watch ’13: PwC Overachievers Should Prepare Acceptance Speeches

It's April, which means there are three short months left in PwC's fiscal year. This also means your practice leaders are warming you up for the annual meeting expectations process. Along with that come promotions, bonuses, and all the other things that make all your sleep deprivation and 10 extra pounds worth it.

It's April, which means there are three short months left in PwC's fiscal year. This also means your practice leaders are warming you up for the annual meeting expectations process. Along with that come promotions, bonuses, and all the other things that make all your sleep deprivation and 10 extra pounds worth it.

But for a lot of people, hearing that "you're right where you need to be" doesn't really get them jazzed up to get back out there, serving the capital markets with gusto again in FY14. With this in mind, and also knowing that some sort of recognition is needed, PwC seems willing to experiment with an alternative approach. 
PwC NYM Risk Assurance practice had their all hands meeting today where in they discussed the time line for next contribution awards, promotions etc including [an] award presentation ceremony called RA SCARS to replicate the Oscars for people who did some small shitty stuff throughout the year.
Interesting idea. Of course this begs many questions like: 
 
1. What are you wearing on the red carpet?
2. Who is tabulating the results of nominated "small shitty stuff"? Can this truly be an independent process? What if "big shitty stuff" deserves recognition?
3. Will there be a surprise appearance by Bob Moritz?
4. Should we expect more Sally Field-type acceptance speeches or Jack Palance?
 
The other potential problem with this idea is that there could be relentless campaigning among those nominating the small shitty things that people did throughout the past year. We can only hope that only the most deserving professionals will be recognized. And not Anne Hathaway.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

empty classroom

PwC UK Has a Soft Spot For Students Who Got Wrecked By the Pandemic

It’s no secret the pandemic screwed a lot of things up. Firms suddenly had to figure out how to manage an entirely remote work force, CPA exam candidates couldn’t test for months due to Prometric closures, and let’s not forget the poor interns and first years who had to wait for answers in Teams while […]

PwC Has a Fancy New AI Tool to Law Around With

Today is the day that PwC ushered in a new era for professional services: a global partnership with AI startup Harvey, offering PwC’s legal professionals “exclusive access” (that is, they are the only Big 4 firm who has it) to the platform. It’s a shame we had to scroll all the way to the bottom […]