Faculty newsletter

Fall 2015

Dear Educator:

Welcome back to campus! Summer has officially come to an end and Fall is now in full motion. As the school year gets off to a new start, we would like to draw your attention to many exciting things happening in and around the firm.

This month, we highlight several recent recognition announcements including our Universum ranking as the number one employer of choice globally and our ranking as the number one professional services network of firms globally and the number one accounting firm by Vault. We were also recognized as a winner for Glassdoor’s Candidates’ Choice Awards and we are included once again in Working Mother Media’s “100 Best Companies” Top 10 List.

PwC is proud to announce our Student Loan Pay-down Benefit Program to address the societal issue of student loan debt and to ease the financial burden on eligible PwC staff.

We are pleased to share our extended commitment to our Earn Your Future financial literacy program. We also want to point your attention to our DonorsChoose program and get your help to encourage students vote!

PwC diversity initiatives are working to foster relations across racial and gender boundaries. Earlier this year, PwC continued to embrace the diversity of our people and help them work across differences by joining UN Women’s HeForShe movement and by hosting a live PwC Talks: Being color brave with Mellody Hobson webcast. You may also find of interest our acclaimed Parental Leave policy and our focus on Paternity Leave.

Want to know what is happening within the firm? We are making a switch to Google. Learn more about our collaboration and why we chose Google.

Finally, interested in our Technology Forecast or the Emerging Technology blog? Looking for a Tax or Assurance Update? Take a look at our webcast “Tax Function of the Future”. Or, see how we are “Simplifying the Audit through Innovation”.

Universum 2015

240,000 students around the world have ranked PwC the number one professional services network of firms globally, and the second most attractive employer for business students, after Google, in the Universum 'World's Most Attractive Employer' annual ranking for 2015.

PwC is a number one employer of choice. The World’s Most Attractive Employer ranking is compiled from Universum’s national student surveys from the world’s twelve largest economies. Students share information about employers they perceive as being ideal, and what they are looking for in their future careers. We encourage you to check out the rankings here.

PwC recognized as Glassdoor Candidates’ Choice Awards Winner

PwC was recognized as a winner of Glassdoor's inaugural Candidates’ Choice Awards, recognizing employers with the best interview experience, according to those who know it best – the job candidates.

Based solely on feedback shared by job candidates on Glassdoor over the past year, PwC was rated highest in our industry and recognized alongside winners in 45 other industries.

Click here to see the ranking.

Did you know we are ranked #1 for tax accounting by Vault.com?

In addition to being ranked #1 for tax accounting, our firm was ranked the #1 Best Accounting firm and #1 in Overall Prestige by Vault for 2016!  We also took first place for diversity, green initiatives, and hiring processes, and scored in the top three for benefits, firm leadership, training, mobility, business outlook and philanthropy. To top it off, our survey results improved across the board in every category.  To see the survey results, click here.

Mom knows best:

PwC is proud to make Working Mother Media’s 2015 “100 Best Companies” Top 10 list once again. Los Angeles Assurance Partner Tracee Jones is among the firm’s many moms who successfully juggle career and family. Click here to learn more.

PwC Announces Student Loan Pay-Down Benefit Program:

The Student Loan Paydown (SLP) Benefit is designed to address the societal issue of student loan debt and ease the financial burden on eligible PwC staff.

Under the benefit, eligible associates and senior associates will each receive $1,200 a year towards their student loans for up to six years. This benefit has the potential to reduce their student loan principal and interest obligation by as much as $10,000, and shorten their loan payoff period by up to three years.

Student loan debt is an issue at the heart of PwC’s Purpose: to build trust in society and solve important problems. It also helps address a challenge experienced disproportionately by those in certain racial and economic groups, and aligns with our Corporate Responsibility position as a leader around financial literacy. PwC is among the first in the industry to offer this type of benefit.

We are pleased to add this program to the wide range of benefits we offer as part of our Total Rewards package. We hope that every PwC staff member will find valuable programs that are beneficial to them personally and that all will appreciate the significance of our Firm getting actively involved in addressing this important societal issue.

To hear from our Chairman and Senior Partner, Bob Moritz, on this topic, we encourage you to read his blog. Click here to view our Press Release on the program.

PwC and Financial Literacy

In 2012, PwC launched Earn Your Future (EYF), a five-year, $160 million commitment focused on helping students develop critical financial skills and providing educators with the resources and training to teach those skills. In April 2015, PwC extended EYF by $30 million, increasing its overall commitment to $190 million. This added investment supports new research, expanded professional development opportunities for educators and gives greater reach to organizations that are revolutionizing the field of financial education. We aim to play a transformative role by reaching more than 2.5 million students and educators through these efforts. To learn more about PwC's commitment to financial literacy, visit pwc.com/eyf.

VOTE to help a classroom in your city! PwC gives back through DonorsChoose.org

PwC is focused on youth education, especially in the areas of financial literacy and STEM. That's why we're donating $100k to classrooms in need through DonorsChoose.org this fall.

Founded in 2000, DonorsChoose.org makes it easy for anyone to help a classroom in need. At this nonprofit website, teachers at half of all the public schools in America have created project requests, and more than a million people have donated $332 million to projects that inspire them. All told, 14 million students—most from low-income communities, and many in disaster-stricken areas—have received books, art supplies, field trips, technology, and other resources that they need to learn. Visit DonorsChoose.org to learn more.

How will PwC decide what projects to fund with this $100K? By asking people to vote for their favorite city and the type of project! Our voters select their favorite city where a PwC office is located and choose which type of classroom project to fund between Financial Literacy, Science, Technology, Engineering and Mathematics (STEM). The location with the most votes will have $30k donated to classrooms around their city. The location with the 2nd most votes will have $20k donated to classrooms in their city and 5 runner up cities will have $10k donated to classrooms.

We encourage you and your students to vote here once a day until October 30th!

PwC Talks: Being color brave

Over the summer, PwC US Chairman Bob Moritz and Mellody Hobson, President of Ariel Investments, talked candidly about the importance of being color brave – recognizing differences in race rather than being color blind - and why speaking more openly about race is better for us personally, professionally and for society as a whole. Check out the PwC Talks here.

PwC's Commitment to HeForShe

Through our partnership with the United Nations’ HeForShe initiative, we are accelerating global momentum toward gender equity in the workplace. HeForShe’s mission is to engage men as agents of change for gender equality. We also believe this is an important time to bring our men into the conversation. All of us have a role in supporting global gender equity in the workplace. The more men and women play an active role in each other’s success, the more we can all realize our full potential. And when everyone is at their full potential, we all benefit, both as individuals and as an organization.

We've committed to taking a number of actions to support HeForShe. We encourage you and your students to be HeforShe and register today!

Oh, baby! Parental leave policy is a hit with PwC’s new parents

Supporting families improves loyalty and performance which are essential in an environment where our success depends entirely on our people. PwC believes you can be fully committed to your family while having a rewarding career.

PwC’s Parental Leave Policy provides six consecutive weeks of paid leave or three weeks of intermittent paid leave to all new parents, whether they be fathers or mothers of biological, adopted or foster children. Parents of new multiples are entitled to an additional two weeks.

Our Parental Leave Policy has seen public acclaim. CBS This Morning featured our program. The Washington Post applauded our program for recognizing the diversity within our employees’ family structures. Fatherly.com ranked PwC the #10 most supportive company of new fathers.

PwC Going Google

The rapid pace of innovation in technology has fundamentally changed how and where work gets done, driving organizations to transform their businesses for the future. Together, PwC and Google can help that transformation happen. Last year we announced our plans to collaborate with Google and begin utilizing Google for Work products for our internal operations. This month, we moved forward with our transition to use Google Mail and Calendar functions. Learn more here. Why PwC and Google? Read more from Bob Moritz here.

Technology Forecast

PwC’s Technology Forecast explores emerging technologies and IT trends to help business and information technology executives anticipate rapidly developing technologies and develop strategies to create opportunities as the technologies mature.

Published by PwC’s Center for Technology and Innovation (CTI), the Technology Forecast is forward looking – focused on emerging technologies and trends that PwC believes hold significant potential in the near future. Click here to subscribe to the Technology forecast or to view the Emerging Technology blog.

Simplifying the audit through innovation: People, approach, technology

Innovation is imperative to managing the complexities of a business and being successful in any given environment. At PwC we’re doing just that—investing in leading-edge technology, significant process improvements, and leadership and performance development for our people. We are ushering in a new way of auditing that’s delivering high quality and unique insights to our clients. Read more here. To view videos on simplifying the audit through innovation and technology in the audit, click here.

Tax Function of the Future: Global transparency and risk management

Tax leaders need to ensure that the company’s tax department is positioned to meet tomorrow’s global tax reporting and planning landscape. In particular, the requirements to provide additional information to tax authorities and the focus by the media, investors, and the public on company tax information are resulting in increased tax transparency and putting company tax matters in the spotlight like never before.

Companies will need to prepare their tax function to address the requirements and respond to the risks associated with this evolving public and regulatory landscape. These changes have created an opportunity to rethink the tax function and to make strategic and operational changes to position the tax department to better serve the business in the longer term.

Access the archived “Global transparency and risk management” webcast and others here.

We hope you find this information useful. If we can be of assistance to you, please contact us at pwc.university.relations@us.pwc.com.

Best Regards,

Julie Peters
US University Relations Leader