PNC Financial Services Group Employee Reviews about "work life balance"

Pros

The Asset Management Group (AMG) has a fantastic culture with leaders that genuinely care about team development. They value a work-life balance which is not common in finance it seems and the companies open-door policy creates a genuine sense of trust and fantastic teamwork in the Cleveland office.

Cons

There is a lot of room to grow in the realm of talent development as it is not cohesive across departments or even cities. Since the ability to get that training and education in-house depends on luck-of-the-draw with who you are paired with for mentoring, the current allotment for funding part-time graduate programs needs to be seriously increased. Also, low base compensation is one of the main reasons I've seen coworker after coworker (analysts) all leave for other firms over the past few years.

Pros

- Ok for an entry level job just to get experience - Good work life balance

Cons

- Salary is much below market average without much room for a raise - Promotions are very team dependent - in my experience, no one on my team got a promotion, the two years I was there - Overloaded with work and understaffed - Not a good place for diversity and inclusion - Upper management strategy often shifts so years of work are sometimes discarded - Very slow, lots of legal constraints, not much room for innovation - Management is very stingy with money - Not a competitive environment for career growth, most teammates just there for a steady, 9-5 job - Company culture is very rigid for a tech role - Basically next to nothing company and team culture - didn't feel like anyone was happy to go to work, teammates were very private, never wanting to do any team events

Pros

- PNC favors long term employees. Some of the mortgage officers (mostly managment) has worked for the company for 10+ years. Career longevity thrives here! - Work life balance is ample and almost illegal how much freedom you have. - Awesome Employee benefits with pension plan.

Cons

- Compensation plan is horrible. Base salary is painful. You get Bps deduction for everything possible even for operational errors. -PNC does not support its loan officers. As a loan officer, you will spend more time as a liaison between the operation/processing departments than getting more loans. Processors does not call clients or share with loan officers any timely updates. You can count on one hand the good processors the company has. Let’s blame the “bad apples”. - Poor operational/processing system. Great for jumbo loans (nerd wallet) or the wealthy clientele. Especially if you earn a high income and substantial account balance or retirement account in the millions usually that you can transfer to PNC. - Loans never closes on time. Usually take 90 days for a refinance, even before the pandemic. Every realtor you come in contact with will let you know this “PNC = Purchase Never Close”. The combination of these put officers at the possibility of never earning a substantial commission.

Pros

You get holidays off which is nice.

Cons

Corporate personnel get to stay home during covid until 2021 but customer facing retail employees do not even receive proper cleaning products, hours were extended and lobbies opened. Pressure to meet goals, micromanaging from branch manager and regional manager. Training revolves around products but your job will mainly be problem solving. Old computer system. Long days working till 6p,alternating Saturdays which feel like a regular work day making it 6 work days. ALOT OF BRANCHES ARE SHORT HANDED DUE TO RECENT LAYOFFS, managers get mad at you because you don’t have “conversations” and customers get mad because of the long wait time. Work life balance is non existent. Pay increases are not given to even the best of employees for years. Retaliation if you speak your mind. Your expected to figure out how to do your job. These are all facts...I was really hoping on making PNC my long term career.

Pros

PNC Wealth Management, specifically the Tampa market has a great, family oriented company culture and work life balance.

Cons

Salary in terms of the industry average is not very high.

Pros

benefits, time off, work life balance

Cons

pay is a little low