4 Benefits of Working at the Big 4 Firms (PwC, Deloitte, KPMG, EY)
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- čas přidán 10. 07. 2024
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I worked at PwC for almost 2 years and I noticed I have gained 4 main benefits that I want to share with you today!
If you ever wondered why a lot of people want to work at the Big 4 Firms like PwC, Deloitte, KPMG, or EY, this video will give you the main 4 benefits you can expect if you ever land a job there.
I worked at PwC as an IT Consultant so you may expect slight differences in the benefits you'll be getting if you work in another sector such as audit!
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You are preaching to the choir Mahdi!! I stumbled upon your video as I was searching for how to get into tech consultancy once I graduate from university next year & everything you said especially about having these firms invest in your learning is so aligned with what I want out of my career. Filled up your form too!
Glad you enjoyed the video Chloe!! Will be in touch soon 😁
All the points mentioned are correct. This company is like a big flex.
Thanks for the video. Just accepted an offer for Pwc for the digital assurance and transparency position. Can’t wait for the knowledge I am going to gain.
These are great points, Mahdi. There are definitely advantages in working at big companies like the ones you mentioned which will be useful in your transition to being a consultant or entrepreneur. Thanks for sharing!
Thanks Lillian! :) I totally agree! Lots of experience and skills you can gather to help you in your entrepreneurial journey!!
Thank, man. I'm glad I found something positive about the big 4, as most videos are about "accumulated depression" and crying in bathrooms. I'll enter the field at 48 years old with a bachelor's degree, and I work very hard and have plenty of energy, desire, and people skills. There's just so much negativity surrounding the big 4 from what I'm seeing, which is mostly online.
Quite interesting when a current staff (not from Canada) watching this. Not to comment what you have said, the only thing I would want to remind people is that Big4 working environment varies from different countries.
Agreed!
Work is pretty hectic in Deloitte India actually.
its 9-oct-2021 and I just received a placement offer from EY yesterday from my campus placements, your videos helped me a lot cracking the Interview.
Congrats bro!!! 😀😀
So far your contents are excellent. I have been watching your videos for 5 months now, and I have to admit that I have gained tremendous inputs. The good news is that I will be starting a Tax Internship in January 2022 with one of the big four. This achievement would not have been possible without your support. In addition, I will be filling out the short questionnaire.
I appreciate the kind words Adamou, it means a lot thanks for sharing this with me 😁😁
@@independentconsultant Yeah Mahdi. I really like your energy, confidence and communication skills . I truly believe that if we work together, my level will tremendously improve. There is a proverb from my village that says “ If you need to go far, you should be surrounding yourself with people that knows better than you know”. In other words, you should belong in a team where people are always ahead of you. Consequently, you will have a speedy growth.
I'm starting a position at one of the big four next month and videos like this definitely help thanks
Thanks Andrae!!
Yes me too
Hi mrs.Are you still working in big 4 ? Can you give me some advise how to get a job there please?
good learning curve but no life with 24/7 on call with the managers and clients. but the transience is nice for the next step of life.
In Big4 for 5 years I can say that It not a place where you can earn much but there is no place that you can learn and work like Big4.
Agreed!
@thunder can you please explain how you can’t earn much? One of his first points in the video was compensation. From my experience, big 4 pays higher than joining industry
Agree with conditions. You can learn more if you're working for startups but sometimes that can be too much for somebody.
Big 4 are definaltely a safer way to start and experiment with career options. Since the pay is low, your overall risk is low to the organization and yourself as individual.
@@ryanflores7624 The base salary is higher, but hourly rate is lower. Like say you were working in industry for 40 hours to make 40k. If you worked 80 hours in Big 4, you would only get 60k, not 80k. And those 80 hours are filled with much more stress and deadline requirements. It's still a good way to start of your career if you're young and have the energy to work those long hours for the experience.
@@jacobg8640 I am a CPA in Big4 and that is so spot on.
I'm starting as a Senior Associate in Analytics in PwC in 3 weeks! Watching your videos helped me decide on this job. Thanks and looking forward to more of your content!
Good luck Sean!!
How do u like it?
@@lybarger007 he already killed himself 💀
1- no useful work at other companies
2- extra working hours without pay
3- working for customer growth
4- working in different shifts
That is exciting!
Started on an audit grad scheme at PwC in September (UK) and it's been amazing so far! In a way it feels like a bit like Uni 2.0. You've got a year group and great socials. Pay is kinda low IMO but I'm not really here there for the money tbh...
May i ask what you graduated in? I'm about to grad in Biomed and really want to get into the finance sector. Also im from manchester UK myself wondering if you're okay with sharing the salary. Thanks!
@@Ghost-un1ew I Graduated with a Chem degree! Starting now is approx £25k outside london audit.
@@thewongtim ohh nice! What was the application process like? Did you go for it straight after graduating or did you work for abit?
@@Ghost-un1ew Went in right after I graduated. They really don't care what degree you have and accept from all backgrounds. No need for CV. I applied September 2020 and had my offer in 3 weeks. Starts with a game based assessment -> Video interview -> Assessment centre if I remember correctly (could have changed now too).
@@thewongtim wow that's quite surprising! Any advice for applying? Best way to approach it?
working at this company in developing country, the salary was about 1/4 of this (btw it's still higher a lot than minimum wages)
I work at PwC and love it. Going on 3rd year now.
hi...may i know about the work life balance there? do u need to work overtime?
@@livelikecactus3732 I've never had to work OT. In fact, I'm constantly told that I can only work 40 hours. The balance is great. I've never felt more relaxed at a job where I have equal (if not more) time with my family at home. I know it sounds like I'm biased, but I've worked for many large Fortune 500 companies and I was always treated like a number. Here, at PwC, I am treated as a person. PwC is all about upskilling employees, healthy habits, diversity, and various recognition programs.
@@bsdvs23 what city do you work in and what is your sector?
Starting my 5 year apprenticeship at one of the big 4 in September!!
Wohooo congrats!!
Congrats Itz ABZ, my daughter started her 5 year apprenticeship with Deloitte legal last year.
@@independentconsultant thank you!
@@princyphilip3371 that’s awesome. Well done to her. How is she finding it? :)
I currently work at a mid tier firm called BDO and i love it
BDO does not offer attractive salary package compared to big4 or MNCs.
Please explain
The main reason why big 4 can pay better to their employees is due to one simple reason they charge their customers a higher rate. But yes depending on the grade if you are an associate they might change your less compared to someone who is the specialist lead for their service. That being said not everyone fancy working for Big4. It's great for a consultant but if you are tech-heavy person then perhaps Google or Microsoft will be the better option.
With that higher pay comes longer hours and a bigger workload, not everyone is cut out for consulting that's for sure!
Love your videos! What is your degree? Information Systems or Information Technology 🤔 You might have mentioned it before but I just started watching you
Hey Mahdi,
can you make a video about the differences between the big 4 and MBB firms (Salaries, life balance, work nature, etc...) and what suits us more?
Good idea! :)
The big 4 probably makes a few hundred million to a billion in revenue which means that have a lot to spend. However, the question is whether they’re willing to spend it.
Exactly!
I’m actually now waiting for plc interview
Would like to ask if you have any colleagues in the cyber risk advisory/penetration testing side for these big 4? Willing to learn about their experiences
working for kpmg, was the best desicion I ever made.
why exactly if you don’t mind me asking
@@PS-hi9os they are worry about you as a person, they respect your personal time, free espensive courses, they know you need to be prepared with all the tools available.
@@OscarHerrera-xc4to i think it’s great particularly in the start of your career
@@PS-hi9os I got in because I have 15 year of experience, the process to get in was super hard, they chouse me from 15 engineers.
@@OscarHerrera-xc4to wow that’s great!!
How can one break in to VC/ Strategy roles from technology consulting at Big 4?
Big question - how to get in a big 4 firm? Even when the JD matches your profile, it's difficult to get shortlisted. Not able to understand what exactly are they looking for.
I would say connecting on LinkedIn (asking for short coffee chats to discuss firm opportunities) and going to career fairs. I applied to EY 4 times before I finally got accepted. Blindly applying did not help me at all. However, when I met Managing Director who was in the division that I was interested in, I used my elevator pitch and walked him through my resume. He was very nice and it was easy to talk to him(especially in person, rather than via regular messages). They are people just like every one of us, who want to see your personality and get to know you better. Connecting with as many of them as you can is key. Show them your ambitions, willingness to learn, and what you can bring to the table. Hope that helps!
Working at a big 4 is the worst mistake I have made. Outdated tech stack, very few young people in tech, horrible pay and benefits and out of all the worst ever work life balance.
For a Master's Graduate hire in Software Development , they pay even lesser than what amazon pays to its technical support staff.
I received an offer from PwC. I start september and Im so excited 🙈
Good luck to you man!!
It’s such a miserable job haha
When u got offer letter??
@@shannahoffman2654 haha
@@ramyayarlagadda1493 Last week! Can I help you?
The compensation seems reasonable until you realize that the expectation is for you to work 80 hrs+ weeks (at least in the US) consistently.
Compensation in the UK is awful for the hours and effort we have to put in compared to other graduate schemes.
I mean if you are young it should not be a issue I don’t mind working PwC changed my life overnight
@@quentinhenderson176 can you please explain how exactly your life was changed?
@@DR-110 coming from a poor background amd nearly homeless. I now am making 75k-85k right out of college. PwC has given me a chance to be something great in they company along with testing my capabilities as a consultant I honestly don’t mind working cause I rather work now while I’m young and relax when I am old
@@quentinhenderson176 good for you bro. Keep it up, wish you all the best!
Best of luck on your employment with PwC. I have known several individuals that were as excited as you are when they began and totally disappointed about 18 months later. The primary factor that will keep you employed at PwC is the "Utilization Rate". You get a pass on year number 1, but if your utilization rate subsequently drops below acceptable levels, they will drop you like a rock. In closing, get to know as many Directors/Partners as you can; as they will normally determine who is included in their current and future projects. Also, it is not about the current project, but the project you must be included in after the current one is completed.
Thanks man! You're totally right, check out this video where I talk about my experience at PwC: czcams.com/video/QmCv8O2pg5I/video.html
@@independentconsultant Funny...I didn't realize your employment with PwC was years ago....I checked your other video. It brought back many memories. Anyway, as you probably guess by now, I was also a PwC employee (January 2013 through March 2014). Overall, I learned a lot and was grateful for the experience.
@@josevega9149 same here man
@@josevega9149 which Pwc office is this because I’m in England and in my office I’ve never heard of that getting dropped because of low utilisation hours
@@depthlimited8056 I worked at the Tyson's Corner (Virginia) PwC Office. In the United States worker protection laws vary from state to state. Virginia's employment laws allow for any private employer to get rid of any employee for almost any reason. Especially, during the first two years of employment.
Oct 20 2021 and I’m searching for feedback and reviews on a career in technology consulting as I go into the field next year. I’m having mixed feelings even though I’m still going through with it. Some bad experiences are scaring me, but I’m trying to stay positive and keep in mind every experience is different. I’m in the States btw but your videos have been helpful.
Be on the lookout for an upcoming video called "What I do as an IT Consultant"
@@independentconsultant Will do, going to subscribe, since I will also be at the same company 😅
I am waiting with pwc and had worked with kpmg too India
It is good to start career with PWC as an Associate Role in Australia? I am confused because now I have very good job in Business Analyst Retail domain like Walmart so I am confused about should I accept PwC offer or not?
Which Are would you advise me qualify on, if only I would like to work at Pwc or any other consulting firm?
My experience is 3.6 years. I have been trying for job change since 1.5 year but I am not getting any calls. Forget big4, i ain't getting atleast consultancy calls.... I am workinng on Power BI in my current company
I would never get anything done with a ferris wheel outside of my window. 5:16 But DAMMM, NICE BREAK ROOM! Will the internet be faster then my 3G Hotspot?
compensation in germany is 39,000EUR at pwc...
The compensation at a big 4 is not amazing, that is a lie.
They offered me $170,000 compared to a large investment bank who offered me $320k
I found the big 4 compensation is average to slightly better than other fortune 500s.
For what position ?
What's your experience with lateral moves? Have you attempted to make one or heard of anyone doing so? Starting at Deloitte soon in the US tax team and am thinking of a 5 yr career plan with lateral moves. Any tips?
Depends on your career goals! Personally I don't like lateral moves unless I am gaining exposure to new areas or skills that I don't have. But I am not a fan of doing the same thing at another company without a new challenge!
@@independentconsultant I'm referring to lateral moves as in switching lines of services within the same firm. Heard it can be tough
@@mahakhalil1468 oh got it now! It happens quite frequently! From my experience, it's all about your network. People who were involved with Cocktail parties and events and met a lot of people outside their department were the ones who found it easier changing lines of services. So if that's one of your goal, try meeting more people in your target line of service, they'll be able to help you
obrigado pelo conteúdo.
Can you please tell what certifications exactly did you get?
What about the interspersing, I´m from Angola(Africa) we have the big 4´s offices down here, i dream about get in and then they send me to any different country, is that possible?
I have never heard anyone say compensation was a benefit of a big 4.
Hi Creator Of This Videos … i have selected in Big 4 Company As AML Sanction Screening Analyst(Off Role) how my future will be? Can you please explain important things ? When i will get into on role ? Salary hike? Work?
I learnt to manage my money through investments and it really works for me.
There are so many ways to manage and prepare for a relaxing future, we just always have to keep doing our best because whatever we plant now, we will harvest later good or bad
I'm new to all this how do I get to start investing in this, a lot of people seem to be earning a lot from cryptocurrency investments.
@@andrewpaul311 Nice good investment is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income stream if needed ahead of retirement
For beginners it's advisable to get a coach, an expert trader who would serve as a coach and mentor to ensure you make profits and increase your accuracy when you make trades in that way you get to make money with low risk or loosing your capital
@@ricojames4719 @interesting, I'm guessing you are an expert, can I trade through you
I got selected in kpmg, hr verbally confirmed that i am selected but they r delaying my offer letter, its almost 3 months, they are telling that they r waiting for approval from the partner itseems
Dono what to do
Does The ACCA has an affect on joining Big 4 On Canada and USA?
I am a current student has finished 7 out of 13 syllabus
good luck on your journey! i was an ex acca student. i drop bout because i am not smart enough but i've been thinking of trying it again one day 🙏🏻
How is the yearly hike in these firms?
In Romania, after u graduate PwC pays you with 7.2k $ / year
In Serbia after you graduate PwC pays you 290e a month. Almost as much as you would make working at a cash register in the supermarket...
@@loveme96u Thats so sad, somehow its the same thing here, talking about cashier. My question is if an american fresh graduated is 25-30 times better than one in Eastern Europe. (no hate)
@@andreimonea8424 yeah, i totally agree with you. But wait, it gets even sadder. EY pays 100e their interns in Serbia. Literally you can't even buy your monthly coffee for that much money. 100e for graduates!!! And it's a minimum 6 months contract
@@loveme96u Holy shit dude..How is Deloitte? I'm working for Deloitte Digital as a software dev, the compensation is better here but still way, way more less than America.
@@andreimonea8424 ahhaha as far as I know Delloite and KPMG don't pay their interns.
So I am speaking from a perspective of an economist.
Starting salary at PwC has increased this year to about 600e... so at least some things are improving. They have a lot of problem with employee retention, especially the juniors, as it's become clear that there are far better options than the "big" 4.
In my opinion the option of working from home that PwC and some other firms introduced is a big plus, as at least you don't have to spend literally your entire salary for "professional - client ready, presentable" office clothes.
Especially software developpers are getting jobs at IT firms as the starting salary is usually over 600e (for Microsoft I think it's above 1000e).
I am starting in a month at Deloitte as an audit Analyst for the Luxembourg team, and after seeing your videos I am really flattered with the opportunities. Any thoughts on this position? It's a grad entry level role.
Congratulations champ! Also, enjoy Lux, I've heard it's a wealthy and amazing country!
@@LoremasterLiberaster thank you and I appreciate your kind words! Will make the most of it 🤞🏻
@@dragoscopot4630 may I ask where you're from and where you've studied? Also, does Lux office of Deloitte require knowledge of German/French(or maybe even Dutch?)
I am an international in the U.S., so if I could hear about the struggles of fellow internationals in other countries, it could give some perspective!
@@LoremasterLiberaster I am from Romania and I studied BSc (Hons) Aviation Management at Coventry University in the United Kingdom. The language requirements were English, French and German would be a plus plus and you've got the right to work in Luxembourg (they don't sponsor I guess). I was struggling in getting in the UK, but I still think Luxembourg > UK. Especially now 😬
is RSM hard to get in to since it not one of big 4 audit accounting firms
U mean erasmus? If so think twice
Which department do u work for?
Why did you move out of the Big 4 to DXC? :D
Hi my band is Regina from Kenya my son had earlier applied for PwC and Delloitabd got shortlisted but never got to the threshold after interviews, my question is is there any hope for him getting any other chance of working in any big 4 companies. Kindly help
Huh? $60+K a year salary? Dude even a non big 4 firm offers all these benefits. As a software engineer in FAANG these aren’t even competitive salaries. That’s below average.
Can I migrate to other countries after working big4
I currently an Electrical Technologist, I needed to become a project manager, to that I decided to take PMI-PMP, by God grace I am now a certified PMP. But I did not have any firm in mind to work for. Though I did some data analysis specializations with PWC such as PWC advance excel, PWC data visualization, PWC Decision making, PWC presentation skills etc. I also have the thoughts of working in oil and gas industries as a project manager. What do you think of this. Thanks
Bro, wtf is that social package?
Okay, I knew it's good, but hollly, how could it be THAT good?
Is it something Big4 have in most offices in North America and Europe?
I don't know about Europe, but in North America, when you work in Consulting it's pretty common!
PwC guy here in France. Salaries are lower than the market, and benefits are close to non existent. I got promised interesting missions, a nice career path and a good salary increase during the interviews. Instead, I got staffed on missions that have nothing to do with my qualifications (so I nearly had to learn a whole new discipline) and I won't talk about the salary increase. In a big 4, you're nothing more than a resource for a partner who's focusing heavily on cash flow, and they don't really care about who you are as a person and how you value what you spent 5 years studying for.
I'm greatly frustrated and I'm looking to leave it asap. Feeling like I've been lied to by the HR and the consultants during the interviews.
Hi sir I got workday HCM profile in PWC is it a good prfile to start career???
You mean HCM certificate?
Can you please make a video on welcome kit of PwC
Do you mean what to do when you start working?
If I talk about the India , Nothing like welcome kit in Pwc . But you ‘ll get best work assets and other perks once you joined ✌️ and you’ll forget the welcome kit.
@@independentconsultant No Primal, Saurabh want to ask about the things which you ‘ll get on virtual joining.
As these days many companies send some goodies (like water bottles, bags, T-Shirts etc)
@@independentconsultant I am joining PwC soon as a fresher, I was just asking what do they provide in WFH kit
@@independentconsultant as it is quite interesting nowadays 😅
How much they pay for consultant in India?
Do Big4 hire ACCA ?
Hello , could you tell me how , i will get job in these firms. I ACCA student . I have master’s degree . But now, I started
ACCA course in uk
When can you start applying?
In the UK, you can go directly on their website and apply after you complete your ACCA qualifications. You can also look at their internship program online
I'm joining with kpmg (india)next month as tax associate😊
congrats! do you have an idea about flexible component in the compensation structure ? because m little confused in that
Congratulations, I work in KPMG México and its a great job, I am an executive asistant in Advisory and it really worth it, good luck
@@rossvaca6324 thanks a lot❤
I’m currently interning at pwc, I hope I get a return offer
I hope too! Good luck man!
I've got two offers, PWC and KPMG. I don't know what to do!? Any pointers on which one to pick?
Pwc
Pwc
did you make that sick animation at 0:35 ?
Yep, I drew that
@@independentconsultant love the tiny details
@@em8136 thanks man! Still trying to improve tho 😅
Are you a fresher?
Is this the same for all PwC offices arlund the world
I don't think so!
Bro is it true that if somebody stays in big4 for good amount of years then their pay will be very good.
Is it also true that hikes could be very very good depending on performance.
I am asking all this because i will be joining pwc soon
Yes hikes are pretty good if your performance reviews are exceptional! But yes, if you stay long enough you can be well paid but only if they love you!
@@independentconsultant Thanks for your reply although what can you say about job security in big4.
Deloitte offered me just under 100k starting plus a 6k bonus. I don’t have a degree or anything. Thanks Deloitte!
🤣
How??
@@ayonahmed965 His daddy probably works there. 🤣🤣🤣
@@ayonahmed965 I’m a veteran lol
@@igbokwenu4934 yeah totally, thanks Dad!
PWC salary is not that great, I don't know where you get your info from..Maybe you are an outlier? They offer 55k AUD in Aus for associate software developer. They have offered me 56k, also, other smaller firms offer up to 70k starting salary to software developers. I have an interview tomorrow, if I pass it, I'm gonna reject PwC's offer.
I was a little bit surprised myself. Maybe it's a Canadian thing.
Compared to some others, it isn't really spectacular - in many regions, I should say. The hottest of the perks that the big four give, comes in form of exit opportunities, not necessarily compensation.
Yh pwc pay is terrible no point wasting years at that firm unless ur planning to stay in 9-5 forever. Starting salary for audit is £23k. All about aiming big from early on: Deutsche, JP, MS, Goldman’s are the ones💪🏽
Does pwc rejects offer letter before on boarding??
Not from my experience!
What about unpaid leave that you can unlimited unpaid leave...is that true??
I heard if they really like you, it's possible! I know someone who took 2 years of unpaid leave to go do a Masters and then came back!
@@independentconsultant thanks Mahdi
How long after final interview should you expect an offer/rejection @Primal Career at PWC
@@victorinsmeron5194 depends on your country! Mine was 1 day, some other people 1 week!
@@independentconsultant I had final interview last Tuesday w managing director for Senior QA position , I followed up w recruiter and she said decision should be made some time
This week - United States
Deliotte is the best..
Can anyone tell that in which department does he belong?
Hi Mahdi, Did they ask you for proof of your diplomas ?
Yep
Hi bro. Im Tariq from Dubai. I recently got my PR visa and plan to move to Canada in coming months. I have previous Big Four experience and CPA Ontario qualified. PwC is my dream place to work, could you please guide me or get me some HR contacts. I appreciate your consideration. Thank you
Hey Tariq! Send me an email and let's chat hello@primalcareer.com
What happens if you never get into a big 4 honestly
Then you're fucked. You're career will stay stuck at low positions such as treasury manager or SVP
How to believe N proof from your end 🙏
Do 3 years in the big 4 then gtfo. it's not all about learning, what are you going to do if you can't capitalise on all that knowledge gained? respect your time and know when to move into industry #$perHour
The company cheated me
They took my interview and got selected but they didn't give offer letter and they told ur on hold
Hi, I have offers with both EY and Deloitte with same CTC. Give me some suggestion to join
I can say Without any thought Deloitte
Go for Deloitte man.
Deloitte, i work for them. Deloitte’s financials are stronger than EYs. So that directly translates to better YOY growth going forward.
*My name*
This is not realistic. Many items mentioned in the video are very exceptional
It depends on country and department
@@independentconsultant agreed. i am glad you had a positive experience.
How much a cpa can earn in big4 with a 2 years of experience in canada and usa because I am a cpa i am working in amazon india as financial analyst .I want to move towards canada or usa in near future
If you already worked in Canada & US with 2 years of experience I would say around 75-80k but again depends on your line of service in the big 4!
XD if any grads think those companies pay well for the work you'll be doing you are in for some fun times.
Please proof me 😭
Please proof me
that is a trash salary
Other wise bad Regards
Don't want story of yourself 😂
Not at all you are working like a slave for them