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

Updated 24 Jan 2021

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3.7
69%
Recommend to a Friend
87%
Approve of CEO
PNC Financial Services Group  President and Chief Executive Officer William S. Demchak
William S. Demchak
2,553 Ratings
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Reviews about "work life balance"

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  1. "Good opportunities with heavy work load"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at PNC Financial Services Group full-time

    Pros

    Good place to learn as they have very tight deadlines

    Cons

    too much workload and sometimes work-life balance is missing.

  2. "Fantastic Culture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Wealth Management Analyst in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PNC Financial Services Group full-time for more than a year

    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.

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  3. Helpful (1)

    "Overworked and Underpaid"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - User Experience Designer in Pittsburgh, PA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at PNC Financial Services Group full-time for more than 3 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

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  4. Helpful (1)

    "Ups and downs"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Security Associate in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PNC Financial Services Group full-time for more than 3 years

    Pros

    Most managers are decent, and the culture is good at the company. Depending on the department, you can sometimes get early releases, comp time, etc. There is an emphasis on work life balance, which is great for morale. There are good opportunities if you look for them. They offer HSA, pension, 401k, etc.

    Cons

    - salary does not seem commensurate with market value. Management encourages employees to move to different roles because the raises are so pitiful that you have to switch jobs to get any kind of pay increase. - the health care plans are really bad. The two choices are a high deductible plan and an even higher deductible plan. - there is a lot of red tape to get anything done. This almost seems industry standard though.

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  5. "Great Company to work for."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Digital Product Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PNC Financial Services Group full-time for more than 3 years

    Pros

    Great place to grow your career - lots of opportunity to grow. Company has great work life balance. Within 4 years I grew my career and almost double my pay. The company also contributes to your pension in addition to matching 401k.

    Cons

    Pay-scale is low but they recently adjusted their pay to be competitive in the industry. I really don't have anything negative to say.

  6. COVID-19
    Helpful (1)

    "The truth!"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Cleveland, OH
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at PNC Financial Services Group full-time for more than a year

    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.

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  7. COVID-19
    Helpful (2)

    "CHECK THE DATES FOR “BEST” REVIEWS There’s a pattern"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Branch Banker Associate 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at PNC Financial Services Group full-time for less than a year

    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.

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  8. "Good work life balance"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Corporate and Institutional Banking Development Program in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PNC Financial Services Group full-time for less than a year

    Pros

    - Some managers really care about you and want to help you succeed - Very good work life balance

    Cons

    - Development program is not as organized as I would've liked

  9. "Great Company to Work For"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Wealth Management Intern in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at PNC Financial Services Group for less than a year

    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.

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  10. "Good work life balance, hard to get promoted"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Finance Specialist in Pittsburgh, PA
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at PNC Financial Services Group full-time for more than a year

    Pros

    Work life balance, tuition reimbursement if you want to get a degree

    Cons

    Salary and promotion, it’s harder to get promotion even if you get a good review

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