PNC Financial Services Group

  www.pnc.com
  www.pnc.com
There are newer employer reviews for PNC Financial Services Group

 

Poor excuse for a Wealth Management offering. Incompetent management

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President in Millburn, NJ
Current Employee - Vice President in Millburn, NJ

I have been working at PNC Financial Services Group full-time (more than 5 years)

Pros

Having a hard time thinking of any due to the disappointment in the company. But there are a few, they have ambitions, but can't execute on them. They are very involved in the community

Cons

Archaic technology, frugal in supply/resource spending.

PNC Wealth Management is by far, the must unhealthy and unprofessional work environment I have been involved in during my 10+ year career. The environment is not only chaotic and driven by drama but it is all filled with gossip obsessed, immature individuals who operate with what they believe is a “cut-throat” mentality but in actuality it is childlike behavior that leads to poor results, lack of production and failed business plans. There is no sense of direction given from upper management which leads to a free for all and a scramble for answers any time an issue arises. The only way to get ahead is to "yes" the under qualified senior management to death. There is a lack of quality employees and work produced which is evident by the fact that clients pull their money out of the bank quite frequently. Management hires with an outsourcing-type mentality- they only hire cheap labor, with a lack of ability in order to give the appearance that the job is getting done. Once the employees catch on to this cyclical pattern they move on or are replaced immediately. There is no room to develop your skills, perfect your art and truly produce quality work because at PNC Wealth Management, they are only concerned with “putting a bandage over the wound” rather than actually healing it. Appearing to produce results is far more important than actually producing results. I would not recommend working here to anyone with an interest in longevity or the ambition to succeed in the Wealth Management business.

Advice to ManagementAdvice

PNC Wealth Management is by far, the must unhealthy and unprofessional work environment I have been involved in during my 10+ year career. The environment is not only chaotic and driven by drama but it is all filled with gossip obsessed, immature individuals who operate with what they believe is a “cut-throat” mentality but in actuality it is childlike behavior that leads to poor results, lack of production and failed business plans. There is no sense of direction given from upper management which leads to a free for all and a scramble for answers any time an issue arises. The only way to get ahead is to "yes" the under qualified senior management to death. There is a lack of quality employees and work produced which is evident by the fact that clients pull their money out of the bank quite frequently. Management hires with an outsourcing-type mentality- they only hire cheap labor, with a lack of ability in order to give the appearance that the job is getting done. Once the employees catch on to this cyclical pattern they move on or are replaced immediately. There is no room to develop your skills, perfect your art and truly produce quality work because at PNC Wealth Management, they are only concerned with “putting a bandage over the wound” rather than actually healing it. Appearing to produce results is far more important than actually producing results. I would not recommend working here to anyone with an interest in longevity or the ambition to succeed in the Wealth Management business.

Doesn't Recommend
Negative Outlook

1216 Other Employee Reviews for PNC Financial Services Group (View Most Recent)

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  1.  

    Great company, Low Pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant in Bordentown, NJ
    Current Employee - Financial Consultant in Bordentown, NJ

    I have been working at PNC Financial Services Group full-time (more than an year)

    Pros

    PNC strives on great customer service. A growing institution with small town feel. They have a lot of resources for finances, family, health/wellness, etc. Employees have always been really nice at whatever branch I walk into.

    Cons

    Benefits are costly, pay & incentives are low. Even with experience, you're brought it at the minimum base level to start. Very demanding in the branches; micro-managing. Expectation to sell & cross sell are hard to be met due to the low traffic in some branches. Training is far away without option of a hotel. Some training classes were cancelled without notification. (Driving 3hrs total for nothing)

    Advice to ManagementAdvice

    Realize that many expectations cannot be met when there aren't many opportunities available. Productivity is always higher and easier to obtain in a call center environment, where you have thousands of people calling that department everyday.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    PNC is a fairly good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources in Pittsburgh, PA
    Former Employee - Human Resources in Pittsburgh, PA

    I worked at PNC Financial Services Group full-time (more than 3 years)

    Pros

    good work life balance overall

    Cons

    opportunities are limited if you are not in Pittsburgh

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for PNC Financial Services Group

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