300 Madison Avenue
New York, NY 10017
Employees Worldwide: 236,235
U.S. Chairman: Tim Ryan
Global Chairman: Bob Moritz
PricewaterhouseCoopers is one of the world's top professional services firm with 736 offices in 158 countries. The firm has global headquarters in London with U.S. headquarters in New York.
The firm has industry-focused services in the fields of audit, tax, human resources, transactions, performance improvement and crisis management to help address client and stakeholder issues. PricewaterhouseCoopers has clients among 419 of the top Global 500 companies.
Employment has increased by almost 3,000 over the past year.
PricewaterhouseCoopers global firms had fiscal 2017 revenues of $37.68 billion, up 7% from the previous year. Europe generated $12.96 billion in revenues and the Americas made up $16.8 billion in revenues for fiscal 2017. Asia generated $4.9 billion.
Assurance services earned the bulk of revenues of $15.96 billion in fiscal 2017 with advisory at $12.25 billion and tax at $9.46 billion.
The firm was named by Fortune magazine as one of the Best Companies to Work For in America for the 14th consecutive year.
PricewaterhouseCoopers was created by the
merger of two firms - Price Waterhouse and Coopers & Lybrand
- each with historical roots going back some 150 years. Set out
below are some key milestones in the history of both firms.
Samuel Lowell Price sets up in business in London.
William Cooper establishes his own practice in London, which
seven years later becomes Cooper Brothers.
Price, Holyland and Waterhouse join forces in partnership 1874
Name changes to Price, Waterhouse & Co.
Robert H. Montgomery, William M. Lybrand, Adam A. Ross Jr. and
his brother T. Edward Ross form Lybrand, Ross Brothers and Montgomery.
Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada)
and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers
Price Waterhouse World Firm formed.
Coopers & Lybrand merges with Deloitte Haskins & Sells
in a number of countries around the world.
Worldwide merger of Price Waterhouse and Coopers & Lybrand
to create PricewaterhouseCoopers.
- 2002 - PwC Consulting, the management
consulting division, was sold to IBM for over $3.5 billion.
- 2010 - PricewaterhouseCoopers formally shortened its brand name to PwC. "PricewaterhouseCoopers" remains the full name of the global organisation for legal purposes.
Holidays - 10 paid holidays each year
Vacation Time - Non-management workers get 15 days per year,
22 days after 2 years; Managers get 22 days per year
Health Care Coverage - Medical, dental, prescription coverage
Flexible Spending Accounts - Up to $5,000 per year tax-free
Family and Personal Sick Days - Paid sick leave for 5 days or
less then short-term disability kicks in
Adoption Assistance Program - Up to $5,000 in adoption expenses
New Mom's Lactation Program
Leaves of Absence - Up to six months available
Emergency Backup Care Reimbursement Program
Emergency Backup Childcare Centers
International SOS Program
Life and Accident Insurance
Personal Liability Umbrella Insurance
Wells Fargo Mortgage Program
MetLife Auto and Home Insurance Program
Disability Income Coverage
Wells Fargo ConSern Education Program
Long-Term Care (LTC) Insurance
MetLaw Legal Plan
Retirement Benefit Accumulation Plan
- Automatic enrollment on the first of the month coincident with
or following your date of hire
- Credits made by the firm to your plan account equal 5% (Managing
Director level staff: 8%) of your eligible compensation each
pay period (IRS limits eligible compensation to $205,000)
- Direct the investment of your account among the available investment
- 100% vested after five years of service
- Withdraw your vested balance if you leave the firm
401(k) Savings Plan
- If you are at least 21 years old, you can participate in the
401(k) Savings Plan on the first of September coincident with
or following your employment date.
- Save from 1% to 100% of your eligible compensation on a pre-tax
and/or post-tax basis (IRS limits annual pre-tax contributions
to $12,000 and limits eligible compensation to $205,000)
- Receive firm matching contribution equal to 25% of the first
6% of your eligible compensation
- Invest your savings in a variety of investment options
- Vest in firm matching contributions - 20% after two years of
eligible service, 40% after three years of eligible service,
60% after four years of eligible