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PNC Financial Services Group

Engaged employer

Sinking ship - Associate Trust Advisor PNC Financial Services Group Employee Review

1.0
31 Oct 2016
Recommend
CEO approval
Business outlook

Pros

It used to be a good company. I suppose that's a pro if you have a time machine

Cons

Bill Demchek Is very short-sighted in my opinion. Here's the skinny: PNC underwent a "cost cutting effort" a couple years ago. They spent half a BILLION dollars on a building we didn't need and generous Bill decided that the employees are going to pay for it. So, they cut the phone benefit (they used to pay part of your bill since you were on call all the time and had the email app permanently implanted on your PERSONAL device), they stopped reimbursing you for parking when you were out on BUSINESS, they decided you can't take customers out to anywhere other than Eat n' Park on the company's dime, they froze all salary increases if you were promoted (seriously, more work with no raise), annual raises were capped at 1.2% (that's less than the cost of living adjustment), they completely changed the comp structure for sales and reduced commissions somewhere around 93%, there's an almost cult like attitude among management that seems to assume people don't actually need compensation for their service. ALL of their talent has left. Literally, everyone who had something to offer customers is gone. They went to Mellon, FNB, Merril Lynch, and Morgan Stanley. It's sad to watch what Demchek did and continues to do. PNC, Pittsburgh's behemoth bank, is going to fail in the next 20 years. Run for your life if you get offered an interview.

Explore other reviews about PNC Financial Services Group

5.0
29 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Really good training, benefits , tiered system for bonus from sales, not too pushy , good amount of clients

Cons

Not too many really. Maybe working saturdays

3.0
29 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Amazing Work Culture Really cool and down to earth people At the time* this place has amazing projects and lots to do (idk how long that stays true)

Cons

Pretty Big Underpay tbh even when looking at COL Only two locations starting: Pittsburgh and Philly, which is great if you live there or near, but if ur from a bigger city, than its just a compromise on pay and location, which isn't great

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