PNC Financial Services Group reviews

Lately there has been a huge influx of former employees of Bank of America. The gravy train from Charlotte to Pittsburgh shows no signs of slowing down. People are being hired from BAC without anyone internally being given the opportunity to interview. I am astonished to think how much money this company is paying in relocation expenses when there are plenty of people already working for PNC who could do the job. The newbies are also being paid much better than existing employees. Yet there is an extreme focus from senior management on cost savings. It doesn't make sense. Raises are practically nonexistent. 1% was the norm this year. Too many people sit around with nothing to do. Non-performers are allowed to coast. They keep getting bounced around from department to department while those who are good performers have to take on the slackers' work with no additional compensation. They are also pushing the cost of health care more and more onto the employees. Couple that with the recent paltry 1% raises, and everyone essentially got a pay cut this year. If you transfer internally into a job with a higher pay grade, you will not get a raise. The company justifies this by saying they have overlapping compensation bands. In reality, you are simply alienating good employees.

Poor Pay There has been a transition with new upper management that has spoiled the overall culture of the company. What company states as its core values do not align with its overall actions.