PwC Reducing Entry-Level Hiring, Changing Processes | Entrepreneur
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PwC Reducing Entry-Level Hiring, Changing Processes | Entrepreneur
"BI saw an internal slideshow stating that the firm wanted to cut entry-level hiring by one-third in the U.S. over the next three years. PwC's hiring goals for junior-level associates dropped from 3,242 employees in the fiscal year ending in June to a projected 2,197 associates in the 2028 fiscal year, a 32% decrease across three years, according to the slideshow."
"Landing a position can be lucrative; the salary ranges for junior employees at PwC can extend into the six figures. According to Glassdoor, which included data points from 4,300 salaries, pay ranges from $81,000 to $120,000 per year for PwC associates based in the U.S. The median total compensation was $98,000, including $93,000 in base pay and a $5,000 bonus."
PwC will reduce U.S. campus entry-level hiring by roughly one-third over three years, lowering junior associate hires from 3,242 to a projected 2,197 for fiscal 2028, a 32% decline. The firm cited technological change and lower attrition rates as contributors to the hiring reduction. PwC is deploying AI to automate functions traditionally performed by junior staff, including data gathering and processing. Competition for positions at the firm is extremely high, with hundreds of thousands of applicants for only thousands of roles. Junior associate compensation commonly ranges from $81,000 to $120,000, with median total pay near $98,000.
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