As part of PricewaterhouseCoopers (PwC) India’s new business strategy, ‘The New Equation’, the professional services company plans to pump in Rs 1,600 to create 10,000 jobs over a period of five years. For these jobs, it will increase campus hiring by five times in the said time frame. The Company is also endeavouring to achieve at least 40 per cent gender diversity.
Most of the new jobs will be created in the fields of cloud, cyber, analytics, digital and emerging technologies. This is because, in the next few years, the multinational professional services networks of firms plans to improve its focus on its technology-driven associations and explore ways to harness emerging technologies. The Company is also on the lookout for talent in the areas of mathematics, science, engineering and technology.
The global consultancy firm, which already has a 15,000-strong workforce in India, intends to continue to invest in upskilling employees and partners. A PwC Research Institute is also on the cards, to ensure enhanced and sustainable solutions that will be capable of fulfilling clients’ needs.
The New Equation strategy will leverage the potential of the Indian market to create more opportunities for the talent available here. This will, it is hoped, further contribute to India’s economic development.
In March this year, PwC India had offered a bonus to its employees, equivalent to two weeks’ pay. This one-time bonus was given in addition to the Company’s usual appraisal and increment cycle, which it had assured will follow as per norm. The multinational had performed well despite the disruptions of the pandemic and hoped to continue the trend.