Do other big4 firms have something similar for newly promoted managers? PwC pays new managers a 25% bonus. Seems like a nice incentive for a new hire to choose pwc if someone's looking to stay for a while. Is PwC doing this because it takes one extra year to make manager and people wont get the manager promotion pump for another year? So in the end it all evens out?
Also, I am curious, do PwC third year associates get paid less than first year seniors at other fimrs because they receive the bump from associate to senior until one year leter?