Recruiting talented people

To meet the growing needs of our firm, identifying and hiring talented people is vital. While we frequently promote from within, we could not accomplish our goals without a steady focus on new and experienced talent.

In a typical year, about 50% of our new hires come directly from over 400 college and university campuses, where we maintain strong relationships. We have a suite of programs, such as PwC’s Personal Brand Experience, that provide college students with an opportunity to focus on the unique characteristics that will define their personal brands in and out of the workplace. The program leaves participants with an early, but lasting, impression of the firm and the many growth opportunities we offer our people.

In FY2011, a significant portion of our external hires came from employee referrals. Employees who referred candidates that were subsequently hired were eligible for bonuses ranging from $500 to $6,000, provided that the new hire remained employed for a specified period of time.

We had a record year for talent acquisition in FY2011, with a 12% increase in new hires over the previous year. Some statistics from FY2011 include the following:

• Approximately 4,600 experienced hires
• Approximately 3,900 campus hires
• Close to 600 people through acquisitions
• Over 400 short- and long-term assignments of PwC employees from other global locations
• Over 100 new partners from outside the firm
• Approximately 150 new partners promoted from inside the firm