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SVKMS NMIMS

ANIL SURENDRA MODI SCHOOL OF COMMERCE


A
PROJECT REPORT
ON
HUMAN RESOURCE MANAGEMENT
A STUDY OF THE EMPLOYEE RETENTION PROCESS AT
PRICEWATERHOUSE COOPERS, MUMBAI

SUBMITTED BY
SYBBA Div (C)
ADMIN GROUP NO. 6
PRANAV DALMIA C026
PRIYAJ SHAH C027
PULKIT SHAH C028
PUROO TYAGI C029
PURVI SEKHANI C030

UNDER THE GUIDANCE OF


PROF. A. U. SHELKE
2015

PWC
2.1
PricewaterhouseCoopers (trading as PwC) is a multinational professional
services network. PwC is a network of firms in 157 countries with more than
195,400 people. As of 2014 PwC United States is the 5th-largest privately owned
organization in the United States. PwC has offices in 766 locations in 157
countries. The firm was formed in 1998 by a merger between Coopers & Lybrand
and Price Waterhouse. The trading name was shortened to PwC in September
2010 as part of a rebranding.
2.2
PwC is a company in the service sector. It provides the following services:
Assurance
Advisory mainly consulting activities which covers Strategy, Performance
Improvement, Transactions Services, Business Recovery Services,
Corporate Finance, Business Valuation, Sustainability and Crisis
Management in a range of specialist areas such as accountancy
and actuarial advisory.
Tax international tax planning and compliance with local tax laws,
customs, human resource consulting, legal services and transfer pricing.
Audit
2.3
PwC has all the departments ( finance, marketing, IT, human resource) that a
company needs to have. Its mission and vision has been mentioned below.
Mission
PwC mission is to deliver a fair and clarified auditing service, in order to improve
presentation of financial information. And therefore helping the company gain
trust from investors. They follow three main principles which they base their
work on, which are: Integrity, Intelligence and Innovation.
Vision
Through their strong work ethic they hope to gain recognition throughout
the world.
They are looking for people who are professional and able to adapt to the
market in different situations, as well as following the companys work
ethic, to have a leading role in our operations.
All workers are adequate for their job, are knowledgeable and can offer
international expertise.
They apply their best practice in all areas of governance and always
maintain transparency.

Our goal is to be a leading participant in the process of establishing


Spanish and international accounting and auditing standards, as well as
playing a major role in them.
We will be a firm in which all partners and employees feel motivated in
their work and proud of their involvement.
We are specialized in many sectors and we like to foment the participation
of young people in the company.
Awards and recognition:
Here are some of the ways in which PwC has been awarded and
recognized recently.
Public Sector Practice named 2014 Baldrige Award recipient.
Named one of Fortune's "100 Best Companies to Work For" in 2005-2014.
Ranked #1 on Training's "Top 125" list in 2008, 2009, and 2010; inducted
into Training Top 10 Hall of Fame 2011.
Ranked #2 on BusinessWeek's "Best Places to Intern" list in 2008.
Ranked #3 on BusinessWeek's "Best Places to Launch a Career" list in
2008 and 2009.
Received PR News Corporate Social Responsibility Awards in two
categories in 2009: Diversity Communications and Human Rights.
Received a 100% rating with the Human Rights Campaign Foundation's
Corporate Equality Index in 2006-2014.
Recipient of the Employer Support of the Guard and Reserve's (ESGR)
Seven Seals Award.
One of G.I. Job's Top 100 military friendly employers from 2011 through
2015.

2.4
PwC has a vertical organisational structure. First comes the CEO, then the
partners (financial services, non financial services or leadership), then the
associate director, senior manager, manger, assistant manager, senior
associates and then the articles.

2.5
PwC does not have any particular category of customers. Since it is based on
providing professional services, it caters to individuals as well as clients from all
kinds of industries. Their clients include listed, private and entrepreneurial
companies, government and third-sector organisations as well as private
individuals.

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