Professional Documents
Culture Documents
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£he 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 422 of the top Global 500 companies.p
Women make up 49% of client and support staff but just 15% of all partners.p
Assurance services earned the bulk of revenues of $13.1 billion in 2009 with
advisory at $6.1 billion and tax at $6.9 billion.p
£he firm was named by Fortune magazine as one of the Best Companies to
Work For in America for 2010.p
£he company reportedly cut 500 information technology jobs this year in
£ampa, FL and will outsource these positions to India.p
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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.p
á William Cooper establishes his own practice in London, which seven
years later becomes Cooper Brothers.p
á Price, Holyland and Waterhouse join forces in partnership 1874 Name
changes to Price, Waterhouse & Co.p
á Robert H. Montgomery, William M. Lybrand, Adam A. Ross Jr. and his
brother £. Edward Ross form Lybrand, Ross Brothers and Montgomery.p
á Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and
Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand.p
á Coopers & Lybrand merges with Deloitte Haskins & Sells in a number
of countries around the world.p
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- 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
options
- 100% vested after five years of service
- Withdraw your vested balance if you leave the firmp
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- 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 eligiblep