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February 7, 2023

Guy Speculates On How PwC Decided to Give $250 Vacation Bonus to Employees

What our esteemed former colleague Caleb Newquist wrote in yesterday’s Gusto “On the Margins” newsletter is probably closer to the truth than not:

I can just picture Tim Ryan at the head of a long table with lieutenants sitting around racking their brains for ideas. “How do we show people that we’re serious about them taking time off?” he asks earnestly. People shake their heads, murmur quietly, and grimace in thought. Not a single word is uttered about accounting firms’ long history of toxic overwork culture. Finally, someone from the back corner: “What if we paid them to?” The whole room looks at Tim for a beat, and then they all nod sagely in agreement.

Or PwC was just trying to make EY look even worse for that whole unlimited PTO thing. Either one.

Related articles:

Friday Footnotes: PwC Pays You to Go Away; EY Turned In to Rona Police; PCAOB Plans | 4.9.21
EY Changes Its Vacation Policy, Oh and BTW They’re Not Paying Out Accrued PTO If You “Leave”

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