PwC is also known as PricewaterhouseCoopers. It is the fourth-largest company that is privately owned in the United States which offers a professional service network of firms. It is widespread in about 157 countries, over 742 locations with 284,000 employees working for it. It has a revenue of $43.0 billion US dollars as of 2020. It offers services like risk assurance, tax advisory, data and analytics, management consulting, financial advisory, and forensic accounting. It ranks 67th in Best Professional Companies to work for in America and 52nd in Biggest Companies in America. The article talks about the salary of a manager at PwC. Let’s know How Much Does a PwC Manager Earn?
A PwC manager earns about $115,175 annually. This salary is about 90% above the national average. Most of the salaries at PwC are above the national average. The average salary of a manager throughout the U.S is $52,823 annually. About 62% of people think that they are fairly paid at PwC. The salary at PwC ranges from less than $56,000 to more than $142,000. The salary of a manager comes quite close to the higher limit. The highest paying location is Washington, DC. There are many managers in PwC thus the salary differs depending on the department. The following table tells us how much each manager earns from different departments. Note that the salaries might differ from location to location and also concerning time.
| Manager post | Annual Salary |
| Alliance Manager | $214,638 |
| Analytics and insight Manager | $124,054 |
| Advisory Project Manager | $124,000 |
| Assurance Manager | $108,000 |
| Business Development Manager | $89,345 |
| Business Intelligence Manager | $141,448 |
| Business Manager | $171,028 |
| Call Center Manager | $81,301 |
| Change Manager | $137,620 |
| Client Manager | $110,000 |
| Closing Manager | $143,000 |
| Commercial Manager | $174,494 |
| Consulting Manager | $176,055 |
| Contract Manager | $138,000 |
| Corporate Development Manager | $152,651 |
| Corporate Strategy Manager | $119,469 |
| Crisis Manager | $239,866 |
| Data Analyst Manager | $183,000 |
| Data Manager | $148,015 |
| Delivery Manager | $119,364 |
| Demand Manager | $121,000 |
| Deployment Manager | $148,927 |
| Design Manager | $128,253 |
| Development Manager | $99,603 |
| Distribution Manager | $213,000 |
| Education Manager | $324,024 |
| Engagement Manager | $136,000 |
| Entry Level Trainee Manager | $17.44 per hour |
| Event Manager | $78,187 |
| Fraud Manager | $190,917 |
| Functional Manager | $145,000 |
| General Manager | $92,942 |
| Governance Manager | $144,247 |
| Information Manager | $133,866 |
| Information Strategy Manager | $382,000 |
| Infrastructure Manager | $121,881 |
| Innovation Manager | $129,000 |
| Insight Manager | $88,000 |
| Integration Manager | $130,088 |
| IT Manager | $170,047 |
| Knowledge Manager | $120,551 |
| Laboratory Manager | $57,000 |
| Learning and Development Manager | $207,741 |
| Manufacturing Manager | $108,564 |
| Maximo Manager | $86,000 |
| Mergers and Acquisitions Manager | $244,573 |
| Operations Manager | $184,256 |
| Otc Manager | $87,076 |
| PMO Manager | $132,690 |
| Policy Manager | $156,000 |
| Practice Manager | $163,456 |
| Pricing Manager | $91,430 |
| Process Manager | $150,914 |
| Proposal Manager | $75,047 |
| Quality Manager | $72,272 |
| Quote Manager | $136,000 |
| Records Manager | $48,000 |
| Regional Manager | $118,517 |
| Resource Manager | 4105,779 |
| SAP Project Manager | $179,000 |
| Security Manager | $183,852 |
| Security Operations Manager | $85,000 |
| Security IT Manager | $151,825 |
| Security Manager | $123,479 |
| Senior Practice Manager | $155,000 |
| Senior Proposal Manager | $122,000 |
| Senior Quality Assurance Manager | $150,000 |
| Senior Regional Manager | $131,779 |
| Senior Team Manager | $95,548 |
| Service Delivery Manager | $110,296 |
| Service Manager | $81,775 |
| Site Manager | $75,000 |
| Solutions Manager | $113,076 |
| Sourcing Manager | $103,738 |
| Spa Manager | $145,847 |
| Strategy Manager | $135,109 |
| Studio Manager | $57,410 |
| Technical Manager | $201,279 |
| Transaction Manager | $154,632 |
| Transformation Manager | $147,650 |
| Valuation Manager | $165,006 |
| Workforce Manager | $81,283 |
| Wealth Advisory Manager | $165,074 |
The list of the managers is long because there are more departments. These leaders play a vital role in managing the system. Thus it is important to understand the skills, responsibilities of being a manager at PwC. The article thus talks about the skills, responsibilities, the hiring process, demographics, benefits, values, and culture at PwC.
Skills required for a manager-
- Interpersonal Skills- building healthy relationships with the employees is one of the main skills of a manager. A manager needs to deal with people efficiently, earning their respect throughout the social activities or team-building training. He /she needs to play an important part of the team at the same time demonstrate authority and professionalism.
- Communication and motivation- the responsibility of leading a whole team demand great written, verbal, and listening skills from the manager. As a manager, you will be the mediator between the frontline and the senior management. Your communication that is your skills in presentation, emails, phone conversations, social media, etc needs to be professional. Motivating your team and making the environment comfortable enough for employees to share information with you is also an important skill a manager should possess.
- Organizational and delegation- having numerous tasks at hand at a time demands precise organizational skills from a manager. You also need to effectively delegate the task among your teammates according to each person’s skills. Delegation can instead make you and your team more productive.
- Strategic Thinking and Forward Planning- Having access to the bigger picture of your team’s path and its goals, a manager should be able to strategically think and plan accordingly to achieve the goals faster. There will be situations where you need to change the whole plan thus you should be skilled enough to direct your team to handle changes.
- Problem-solving and decisiveness- while spotting a problem a manager should not flinch away or procrastinate it instead should be quick enough to provide a solution for it. A manager should be calm under pressure. You should be able to think creatively for a solution by placing yourself in that situation. By considering the pros and cons of your solution, you need to be decisive enough to go forward with it or not.
- Commercial awareness- this skill is very important while many graduates lack it. It is important to know the marketplace in which your business operates. You should be well aware of the past trends and the current demand thus set proper goals for your team. You should also be knowing your company’s competitors and the economic or political issues that it faces.
- Mentoring- this skill involves you to encourage your teammates, support them thus increase productivity. This skill is achieved by experience after you reach a senior level. You share and implement your knowledge about the work with others. This also involves you training and advising other staff thus sharpening their skills.
Responsibilities of a Manager-
- Planning and evaluating the department activities.
- Maintaining staff by orienting, recruiting, selecting, training employees
- Helps the employees by giving growth opportunities
- Sets goals strategically, by evaluating the trends
- Disciplines, coaches, and counsels the employees
- Makes sure that the workplace is secure, safe, and legal
- Forecasting the requirements, scheduling expenditures, thus taking necessary steps in achieving financial objectives
- Ensures that the team as a whole gives out quality customer service.
- Being the spokesperson of the team, you are responsible to represent the values of your company wherever you go.
- You may encounter situations where you have to negotiate within your team, department, or organization. You need to maintain professionalism even while handling difficult negotiations.
Minimum requirements to become a Manager at PwC-
- A bachelor’s degree or a master’s degree is required. Majors can be done in subjects like accounting, business, finance, computer science, economics, management, political science, etc.
- Having a minimum of five + years of experience in the field.
- A certificate course will be additional but not a necessity.
The hiring process at PwC-
- The first step is when you browse through the official website of PwC to look up available vacancies, as per your desire. While applying for the job you will be asked to create a Workday account, your application progress can be tracked through this window.
- To further check the requirement of basic skills, there will be a short 15-min game-based assessment.
- After qualifying, you will be scheduled for a video interview. You will be given the freedom of selecting the time and place of the interview.
- After this round, you will be called into the assessment center for a whole day where you will encounter group exercises, interviews, exams, etc
- This is then followed by a formal one-to-one interview with the manager or/and partner. Here you will be assessed for experience and learned skills. You need to portray your interests in the business world. Your knowledge about the company will also be assessed.
- Clearing this you will be offered the offer letter and invited to join a pre-hire portal where you will be able to glance through the culture at PwC, your connections will also increase.
All the above passages highlight the huge responsibilities of a manager. The long hiring process and high salary offered state that PwC is very serious in hiring the best thus giving back the employees the best. Let us take a glance at the roots of PwC in the following paragraph.
Values at PwC-
- PwC believes in working with integrity
- Each person can make a difference
- Caring for each other
- Working together
- Reimagining the possible
PwC encourages and stimulates growth-like environments even during this pandemic as work from home is more prevalent. Due to this, it is voted in the first positions across many platforms year after year.
Culture at PwC-
PwC believes in making education a bridge to fill in the gap of culture between generations. It has also created a platform called ‘Spark’ where employees can access course materials and assignments, complete prerequisites, and access reinforcements materials. It also encourages the senior employees to continue to learn and train the new employees. PwC has also implemented various programs to encourage diversity and inclusion in the workplace where everyone feels comfortable and accepted in being themselves. PwC has also carried out a three-step ‘Connect-Embed-Improve’ to encourage employee engagement. ‘Strategy+Business’- an online and print magazine which talks about corporate strategy and management issues was also released by PwC in 2002.
Demographics at PwC-
Looking at the overall workforce, the diversity is calculated to be 9.7/10 which points to the fact that PwC stands by its values. There are 53.8% men and 37.6% women in the workforce. While scanning ethnicity, there are 51% of Whites, 19.4% of Asians, 14% of Latino or Hispanics, and 11.1% of African American or Blacks among the total workforce. Many are found to be speaking Spanish, Mandarin, Chinese, and French while few people speak Portuguese, German, Cantonese, Japanese, Korean, Arabic, Russian, Hindi, Italian, Hebrew, Gujarati, Urdu, Thai, Greek, Polish, and Dutch.
Benefits of working at PwC-
- Insurance – dental insurance, vision insurance, disability insurance, life insurance, prescription drug insurance, overall health insurance
- Signing bonus, performance bonus, yearly bonus, weekly bonus
- Paid time-off, parental leave
- Flexibility at work- work from home options available at some companies, flexible schedules
- Retirement plan
- Loan repayment program
- Loan assistance
- Childcare
- Wellness program
- Employee discount
- Food provided
- Employee mentoring and assistance programs
FAQs-
- How many hours do employees work at PwC on average?
They work up to 9.8 hours a day. The work pace is very fast.
- How long does it take for the hiring process?
It takes about 1 month, note that the duration of the interview process may vary according to the post you have applied for.
- Do they have drug tests?
No.
- Is it hard to get a job at PwC?
Getting a job at PwC is a tough one, but it is greatly rewarding. Out of the 70,000 total applicants, only 11,000 were able to get the job, which means that only 16% were successful.
- Is the interview difficult?
As answered by experienced candidates, the interview process has moderate difficulty and is favorable.
- What questions were asked during the interview?
Questions like- Why do you want to work at PwC, behavioral questions, situational questions, technical questions were asked.
About 77% of PwC employees give positive reviews while the remaining 23% are constructive reviews which are the spots where PwC has to grow. Employees call it visionary, supportive, challenging, ever-evolving, practice what they preach, wealth builder, etc to work at PwC. PwC’s competitors are IBM, Deloitte, Ernst & Young, McKinsey & Company, and Bain & Company. PwC is soon seeking new heights in the ever-changing market, thus a post of a manager in such a renowned company is truly rewarding.
