PNC Financial Services Group FAQ

Have questions about working at PNC Financial Services Group? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at PNC Financial Services Group.

All answers shown come directly from PNC Financial Services Group Reviews and are not edited or altered.

62 English questions out of 62

2 September 2021

Does PNC Financial Services Group offer sponsored degrees?

Pros

good culture, tuition reimbursement, clients are nice

Cons

pay can be better, get rid of universal position

good culture, tuition reimbursement, clients are nice

2 September 2021

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30 October 2020

Does PNC Financial Services Group offer an employee assistance or workplace counselling program?

Pros

Limitless opportunities for new roles, a well established brand in Pittsburgh, reasonable benefits package, excellent community service in the Grow Up Great program

Cons

Compensation for internal transfers is not very competitive, even when moving up between job bands/levels. Year to year merit increases are also pretty stagnant, no matter how well the company is doing financially. Company culture is all over the board depending on what line of business you're in. In some groups, running oneself ragged and being in a state of burnout is not only normal, but seemingly a badge of honor. The open address floor plan that most downtown Pittsburgh offices transitioned to were a nightmare to work in.

Advice to Management

Seriously re-consider the company policy and culture regarding raises for employees who move up from one career level to the next. Or rather, the widespread practice of NOT giving raises when an employee moves internally to a position that is a promotion for them. The fact that the pay bands overlap should not be an excuse to give employees a promotion without a raise for 6-12 months. Or, allow wage stagnation (i.e. Give a raise that that matches inflation). If you want to be competitive and attract talent outside of the local market--which ought to be the direction the company considers going in when it's become apparent that it can operate large swaths of its back office teams remotely--then it's time to look at compensation philosophy.

Limitless opportunities for new roles, a well established brand in Pittsburgh, reasonable benefits package, excellent community service in the Grow Up Great program

30 October 2020

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6 August 2019

Does PNC Financial Services Group offer unlimited holiday?

Pros

great benefits, vacation time and sick time is good, tuition reimbursement, excellent 401k. Great code of ethics. Excellent work in the community. You are even able to do paid community service. HSA is great. Lots of events for networking

Cons

they pay lower with the premise that they give bonuses, but they update the bonuses every few months to make it so that you are paid out less and less. Most positions outside of business banking and wealth are in Pittsburgh, so if you want to advance your career. Not allowed certain promotions if you are not a designated lender (6 home lending apps in a rolling 6 month period), but if you apply from outside of PNC it's not like they know how many apps you have, so how is that fair to existing employees. The raises amount to almost nothing. The salary is not competitive at all. The pressure at this company for production helps me understand why some people at wells fargo did what they did. I don't even know 1 branch that's not short staffed. I had 14 customer engagement surveys with 12/14 perfect scores, 1 was negative because the client loved me but had an ongoing banking issue, the other was average. I was overall red because of the way that PNC Calculates your customer service scores.

Advice to Management

If you're going to reduce the bonuses, increase the salary and also re-evaluate how you do the customer surveys. If everyone is leaving the company (especially in-store locations) perhaps you should be evaluating what the issue is.

great benefits, vacation time and sick time is good, tuition reimbursement, excellent 401k.

6 August 2019

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22 October 2021

Does PNC Financial Services Group offer healthcare cash plans?

Pros

1. Nice company culture - I’ve had good work /life balance but also have been pushed to grow by the department and managers 2. Smart people - there’s a lot to learn from co-workers 3. Pretty decent benefits - 4% match 2% pension contributions (they pay on your behalf), high deductible health plan (good HSA to offset plus free HSA money). 4. Nice Holidays, too, and work from home capabilities

Cons

1. Pay is a little below market 2. The bank is very large. Does not feel like smaller businesses I’ve been at. Working at a smaller office can offset this feeling.

Advice to Management

N/a

4% match 2% pension contributions (they pay on your behalf), high deductible health plan (good HSA to offset plus free HSA money).

22 October 2021

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18 December 2019

Does PNC Financial Services Group offer vision insurance?

Pros

Decent benefits, friendly people, free coffee if you work in Strongsville.

Cons

I work in technology. Don't expect a raise. Ever. Don't expect remote work opportunities. You must be in the office 4 days a week, even if your team is located across the world. The technology executive leadership pays lip service we are agile. The fact is, PNC is not agile and has regressed back to primitive waterfall processes. There are no career advancement opportunities in technology. The technology is outdated. Managers have no management training or leadership skills. Very top heavy, authoritative culture.

Advice to Management

Clean house and start over in technology.

Decent benefits, friendly people, free coffee if you work in Strongsville.

18 December 2019

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62 English questions out of 62

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