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PricewaterhouseCoopers (PwC) International Limited is a British multinational professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG. In this article, we will explore in depth the salary levels of both the PwC salary consulting division.
It is the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG. PwC firms are in 157 countries, across 742 locations, with 328,000 people.
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What is PwC ?
PwC is a multinational professional services network offering audit, advisory, and tax services to businesses and organisations of all sizes. The PwC operates in over 150 countries and employs over 250,000 people worldwide. Also PwC offers a range of career opportunities and freshers jobs across its different service lines and industries, including audit and assurance, tax, consulting, financial advisory, technology consulting, and more. PwC’s career paths are designed to provide employees with opportunities to develop their skills and experience and advance their careers within the company with a high PwC salary.
PwC is committed to diversity, equity, and inclusion and has a range of initiatives in place to support its employees, including flexible working arrangements, mentoring programs, and employee resource groups. Overall, PwC is a highly reputable and respected company in the professional services industry, offering a range of career opportunities for individuals looking to build a successful career in this field.
PwC Company Salary for Freshers
PwC does an excellent job at outlining a consulting career path with their firm. This is helpful to consider if you want a long-term consulting career. If you do what is expected and stay with the firm, you can expect it to take two to three years before you are promoted and moved to the next level.
You can expect your Career path, should you stay with PwC, to progress as follows:
- PwC Associate
- PwC Senior Associate
- PwC Manager
- PwC Senior Manager
- PwC Director
- PwC Partner
PwC Consultant Salary By Role (Base Pay)
- PwC undergraduate internship salary: $15,600
- PwC Associate salary: $65,000 (on average)
- PwC Senior Associate salary: $91,000 (on average)
- PwC Manager salary: $100,274 (on average)
- PwC Senior Manager salary: $151,000 (on average)
- PwC Director salary: $206,000 (on average)
- PwC Managing Director salary: $331,000 (on average)
- PwC Partner salary: $437,000 (on average)
PwC Consulting Intern Salary
On average, a PwC consulting Intern’s annual salary is between $59,000 to $83,000. At Strategy&, an Intern usually earns $48,000 to $78,000 a year. This consists largely of base pay and a small bonus amount.
|
PwC |
Strategy& |
|
|
Base |
$57,000-$78,000 |
$44,000-$71,000 |
|
Bonus |
$3,000-$5,000 |
$4,000-$7,000 |
|
Total |
$59,000-$83,000 |
$48,000-$78,000 |
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PwC Associate/ Consultant salary 2023 (Undergraduate, Junior-level)
At PwC, a Junior Associate makes around $73,000 – $106,000 a year, and a Junior Consultant makes around $96,000 – $138,000 a year. Both positions’ salaries include a base pay and a cash bonus with nearly all of their salary coming from the base pay.
Associates at PwC mostly perform internal supporting roles, while Consultants mainly deal with clients. The higher salary is compensation for the extra responsibilities, and may include stipends for regular business trips to clients sites, with fees for meals, travel, accommodation, etc.
|
|
Associate |
Consultant |
|
Base |
$70,000-$100,000 |
$91,000-$128,000 |
|
Bonus |
$3,000-$6,000 |
$5,000-$9,000 |
|
Total |
$73,000-$106,000 |
$96,000-$138,000 |
PwC Senior Consultant/ Senior Associate salary 2023 (MBA/ Experienced, Senior-level)
For senior roles, PwC pays Associates $95,000 – $138,000 in total each year. Senior Consultants are paid slightly higher, $114,000 – $170,000 annually. Both roles have only a base pay and a small bonus. While the pay gap between the two is a little smaller than the Junior level’s, the same explanation about the roles’ functions could be applied here.
Senior Associate gets paid a minimum of $129,000, and a maximum of $208,000. A Senior Consultant’s total salary is between $152,000 and $242,000. So, in contrast to junior consultanta, Senior Consultants receive a higher salary than Senior Associate. This means at the senior level will have a clear division between their in-house support team and client-facing team.
|
Senior Associate |
Senior Consultant |
|
|
Base |
$91,000 – $130,000 |
$106,000 – $156,000 |
|
Bonus |
$4,000 – $8,000 |
$7,000 – $14,000 |
|
Total |
$95,000 – $138,000 |
$114,000 – $170,000 |
PwC Consulting Manager salary 2023 (Manager-level)
Annual compensation for a PwC consulting manager ranges from $148,000 to $227,000, and around 25% of their salary is from bonuses and other pays. Meanwhile, at Strategy&, annual compensation for a consulting manager ranges from $196,000 to $308,000, and around 40% of their salary is from bonuses and other pays.
Higher positions like these see a large difference between the min-max amounts reported, both in the base pay and bonuses. As we ascend through the ranks, compensations and benefits varies greatly due to a candidate’s experience and contribution to the firms. PwC consulting managers are paid much less than MBB consulting managers.
|
PwC |
Manager |
|
|
Base |
$116,000 – $167,000 |
$134,000 – $191,000 |
|
Bonus |
$9,000 – $16,000 |
$21,000 – $39,000 |
|
Others |
$23,000 – $44,000 |
$41,000 – $78,000 |
|
Total |
$148,000 – $227,000 |
$196,000 – $308,000 |
PwC Consulting Partner salary 2023 (Partner-level)
A PwC Partner makes between $299,000 and $542,000 a year. Meanwhile, a Strategy& partner’s yearly earning ranges from $375,000 to $700,000. At both these entities, half of the partners’ salary comes from bonus, stock options, commissions and profit sharing.
As we can see, the salary level for a Strategy is on par with the MBB consulting firms, all above the $300,000 – $700,000 mark. By contrast, PwC partners receive a much lower base pay and bonus.
|
PwC |
Consulting Partner |
|
|
Base |
$160,000 – $283,000 |
$176,000 – $327,000 |
|
Bonus |
$32,000 – $60,000 |
$56,000 – $104,000 |
|
Others |
$107,000 – $199,000 |
$143,000 – $268,000 |
|
Total |
$299,000 – $542,000 |
$375,000 – $700,000 |
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PwC Salary: Perks & Benefits
- Staff discounts. Enjoy discounted prices on various restaurants and retail stores that we’ve negotiated for you!
- Professional Memberships.
- In-house learning tools.
- Referral Bonuses.
- Corporate Plan.
- Buy more leave.
- International Opportunities.
- Flexible Working.
Why do Freshers Prefer to Work for PwC?
- Brand reputation: PwC is a well-established and respected brand in the professional services industry, which can be attractive to job seekers looking for a reputable company.
- Career opportunities: PwC offers its employees a range of career paths and development opportunities. Freshers may be attracted to PwC’s focus on employee growth and development, which can help them build a successful career within the company.
- Training and development: PwC invests heavily in on job training and development for its employees, offering a range of training programs and resources to help them build the skills, abilities and knowledge they need to succeed in their roles and earn a high PwC salary for freshers .
- Global exposure: PwC operates in over 150 countries, allowing employees to work on international projects and gain exposure to different cultures and business practices.
- Collaborative culture: PwC is known for its collaborative and supportive culture, which can appeal to freshers looking for a positive and inclusive work environment.
How to apply for PwC Jobs?
To apply for a career at PwC (PricewaterhouseCoopers), follow these steps:
- Visit the PwC Careers Website: https://www.PwC.com/careers to explore job opportunities with PwC. You can search for jobs by keyword, location, or job function.
- Create a Profile: Click the “Join our talent network” button to create a profile and upload your resume and cover letter. You can also create job alerts to notify you of new job openings that match your criteria.
- Search for Jobs: Use the job search function to find positions that match your skills and interests. Once you find a job you want to apply for, click on the “Apply” button.
- Complete the Application: Follow the prompts to complete the application form and upload any required documents, such as a cover letter, resume, and transcripts.
- Submit your Application: Once you have reviewed your application and made any necessary changes, click on the “Submit” button to send your application to PwC.
- Wait for a Response: After you submit your application, you will receive an email confirmation. If your application is selected for further consideration, a recruiter may contact you to schedule an interview or request additional information, such as the PwC freshers salary.
FAQs
Q. What is the minimum salary in PwC?
Ans: Minimum salary at PwC depends on the role you are applying for. For Senior Analyst the minimum salary is ₹6.5 Lakhs per year, for Associate2 the minimum salary is ₹9.4 Lakhs per year and so on.
Q. What is the salary of PwC fresher in India?
Ans: PwC fresher salary in India ranges between ₹ 4.0 Lakhs to ₹ 8.0 Lakhs with an average annual salary of ₹ 5.5 Lakhs. Salary estimates are based on 4 PwC latest salaries received from various employees of PwC.
Q. What is the salary of PwC full form?
Ans: PricewaterhouseCoopers employees with the job title Project Manager, (Unspecified Type / General) make the most with an average annual salary of ₹1,367,713, while employees with the title Associate Auditor make the least with an average annual salary of ₹437,281.
Q. What is PwC trainee?
Ans: As an Intern / Trainee, you’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to: Learn about how PwC works as a business and adds value to clients.
Q. Who is eligible for PwC freshers?
Ans: Candidates applying for jobs in PwC are expected to have excellent business communication skills and a minimum of 60% marks in their academics. They must also be comfortable with working in teams and collaborating on projects.
Q. Do PwC hire freshers?
Ans: Yes, there are several opportunities for engineering freshers at PwC for SDE roles.
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