Benefits and programs

We offer a comprehensive, flexible and market-competitive benefits program. Our benefits package reflects the diversity and mobility that makes PwC so unique. It provides access to programs that can be tailored to meet the personal health and financial well-being needs and goals of our partners, staff and their families.

The benefits program also reflects our philosophy of shared responsibility. PwC pays the full cost of some benefits. For other benefits, our professionals share the cost with the firm. For certain other coverages, our partners and staff pay the full cost. In addition, some benefits have service requirements that must be met before benefits are available.

The PricewaterhouseCoopers benefits program currently includes the following for eligible professionals:

Holidays

  • 10 paid holidays each year

Vacation time

  • Full-time staff (other than management level) accrue 15 workdays per year; after two years of service, full time staff accrue 22 workdays per year
  • Full-time management-level staff accrue 22 workdays per year
  • Part-time benefits eligible staff accrue vacation time on a pro-rata basis

Health care coverage

  • Your choice of plans
    • The Blue Cross Blue Shield Open Access PPO Plan and the CIGNA Open Access Plus Plan are available in all locations. In-network and out-of-network benefit levels offer you a choice of providers—with no referrals required.
    • The Blue Cross Blue Shield High Deductible PPO Plan with a Health Savings Account (HSA) is available in all locations. Participants pay the entire cost of care until the annual deductible is satisfied—except for preventive care, which is not subject to the annual deductible. Participants may be eligible to contribute, or have contributions made on their behalf, to a tax-free HSA to help pay for qualified medical expenses.
    • Kaiser Permanente HMOs are available to residents of California.
  • Prescription drug, routine physical exam and hearing care benefits are available through all the medical plan options. (Routine physical exam and hearing benefits vary under the HMOs.)
  • Vision care coverage is provided automatically when you enroll in a PwC medical plan option.
  • The dental plan covers services ranging from diagnostic and preventive care to orthodontia treatment—all available from your choice of providers.

Health care and dependent care flexible spending accounts

You may contribute up to $5,000 per year tax-free to one or both accounts. Then, get reimbursed tax-free from your account(s) for eligible uncovered health care/dependent care expenses.

Family and personal sick days

You may generally continue receiving your full salary when absent from work for five or fewer consecutive days due to illness, injury or medical treatment, or to care for a member of your immediate family.

Adoption assistance program

You may receive reimbursement of up to $5,000 for adoption-related expenses (up to $6,000 for a special-needs child).

New mom's lactation program

Access to educational materials, unlimited pre/post-birth counseling from nationally recognized lactation specialists and breast pump discounts are available through this program. Private mother's rooms are also available in many of our offices.

Parental leave of absence

Eligible primary care parents with three months of service can use six weeks of paid parental leave during the year following birth or adoption placement (three weeks for non-primary care parents). This is in addition to maternity disability benefits, if applicable, of 60% to 100% for approximately 8 weeks. Paid parental leave runs concurrently with any job-protected time under family and medical leave.

Paid adoption leave

A "primary care parent" receives 60% to 100% salary continuation for up to six weeks following the adoption placement of a child.

LifeBalance OneSource

This resource provides information, confidential assessments and referrals on issues ranging from emotional well being, financial problems, parenting and child care, to resources for seniors, and much more.

Emergency backup care reimbursement program

You may receive a monetary reimbursement for emergency child or elder care through this program.

Emergency backup childcare centers

When your regular child care arrangement is not available, access to backup childcare centers is available in various cities throughout the country.

International SOS program

This emergency medical, security and medically-related travel aid service assists staff who are traveling internationally on firm business or who are living and working overseas.

Professional development and affiliations

  • The firm will assist client service staff obtain professional designation(s) appropriate to their discipline by providing study support and/or paying for all or a portion of the cost of preparation courses for professional examinations through the Professional Certification Expenses program.
  • The Educational Support Plan provides staff with educational support of up to $5,250 (non-taxable) per calendar year to further their education through the pursuit of a degree or to improve their skills by pursuing educational courses directly related to their current position.
  • Through the Matching Gift Program the PricewaterhouseCoopers Foundation will match your gift ($50 minimum) to qualified colleges or universities, up to a maximum of $7,500 per fiscal year.
Five-year service recognition program

In celebration of career milestones, the firm recognizes individual staff members with a gift for every fifth year of service.















Life and accident insurance

  • Basic Group Term Life Insurance pays $20,000 to your beneficiary(ies) if you die.
  • You may purchase Supplemental Life Insurance for yourself—from one to 10 times your salary. Dependent Life Insurance for your spouse (from $25,000 to $300,000 of coverage) and for your children ($5,000 or $10,000) is available if you choose coverage for yourself.
  • Personal Liability Umbrella Insurance is available to managing directors, directors and senior managers. It provides comprehensive catastrophic liability coverage over and above certain limits of the bodily injury and property damage liability insurance the firm requires.
  • Accidental Death and Dismemberment (AD&D) Insurance for you, your spouse and your children is available. AD&D pays benefits in the event you (or your spouse or children) are seriously injured in or die from an accident.
  • Business Travel Accident Insurance coverage of $400,000 is provided at no cost and pays a benefit if you die or are seriously injured while traveling on firm-approved business or while commuting to or from work.

Wells Fargo mortgage program

This program can help you with a new mortgage, refinancing an existing mortgage and other home equity products.

MetLife auto and home insurance program

You may purchase group auto, home, boat, renters, condo, motorcycle, motor home insurance and more—payable through convenient payroll deductions.

Retirement and savings plans

  • Save from 1% to 100% of eligible compensation on a pre- and/or post-tax basis in the 401(k) Savings Plan (if you are at least 21 years old; IRS limits apply). The firm offers a matching contribution on the first 6% of pay saved.
  • Eligible staff are automatically enrolled in the Retirement Wealth Builder Plan (RWBP) on their date of hire. The RWBP contribution is funded completely by PwC, and the contribution formula is linked to participants' job level and in some cases, benefits service with the US firm. New hires also receive a one-time RWBP bonus contribution to jump start their retirement savings.

Disability income coverage

  • Through theShort-term Disability (STD) Plan, you may continue to receive from 60% to 100% of your salary for up to 26 weeks if you have at least 3 months service and become disabled.
  • You may purchase Long-Term Disability Plan coverage paying 60% (untaxed) of your base salary (up to $600,000); benefit payments start after 26 weeks of a covered disability, which is generally covered under the STD plan.

Wells Fargo ConSern® education program

This program provides a wide range of education-financing options, including loans for private K-12 schools, undergraduate and graduate studies, technical and professional training, and education loan consolidation.

Long-term care (LTC) insurance

Benefits for extended care services resulting from long-term chronic illnesses or injuries—services that are generally not covered by medical plans or Medicare—are available when you purchase this insurance. The coverage is available at group rates to you and certain family members through convenient payroll deductions.

MetLaw legal plan (a division of MetLife)

You have access to a national network of more than 9,000 attorneys and you may receive fully covered legal services when you participate in this program.

















© 2007-2008 PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
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