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 take our goal of being a great place to work seriously, and we’re proud of our progress. In early 2012 – for the eighth consecutive year – we were named to the FORTUNE list of the “100 Best Companies to Work For.” We ranked 48th overall, a significant jump from the Number 73 spot we held the previous year. In addition to FORTUNE, other organizations that have recognized PwC for its efforts to support partners and staff include Working Mother, DiversityInc, Training magazine, Brandon Hall Group and Universum. For a list of awards and recognition achieved by PwC, visit our Awards page.
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: