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PNC Financial Services Group

Engaged Employer

Pay Below Market Value, Laughable Raises - Software Developer PNC Financial Services Group Employee Review

2.0
Mar 22, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits compared to most US companies Diverse and inclusive environment Collaborative and welcoming work culture Most people are respectful towards you Health rewards program allows you to redeem free money into your HSA Retirement match and stock purchase discount Spotlight program gives you the opportunity to recognize and be recognized by coworkers and redeem points for items

Cons

Health insurance is high deductible, high premium Your sick days can only be used as sick days and are forfeited at the end of the year Pay is well below market value, with few opportunities for growth Everyone is basically in competition with each other for who gets a semi-decent raise Promotions seem to favor people who work a lot of overtime, moving them into a title that does not pay for overtime Lack of transparency in job descriptions, basically tricking software developers into testing Development team and product owners do not respect QA Some people can really be dismissive whether it's because you're in QA, a woman, or you just call them out on their own bs Teams either have barely any work at all or completely unrealistic deadlines Meetings, meetings, meetings QA gets blamed for everything that goes wrong Can get tricked into taking on a "stretch assignment", which is basically just higher level work that isn't relevant to your current skillset with no title change nor additional pay under the hope that it will work in your favor come year end reviews, even though you most likely would already get a raise/promotion anyway if you were in consideration for a stretch assignment at all People will fewer qualifications and less experience will be making more money than you Compensation is only reassessed once (rarely twice) a year and you're not guaranteed anything to offset inflation or cost of living Can be stuck with an entry level title and salary for years Management frequently makes false promises Managers who actually do work towards moving testers into development, which is what they though they would be doing from the beginning, will only move them internally within the quality engineering department Everything is drowning in processes They keep flirting with the idea of moving back into the office, only to backtrack whenever a massive amount of people resign in response, just to repeat the cycle again Management will try to manipulate you into doing what they want by giving you the false hope of it working in your favor during the performance reviews (such as having cameras on during meetings and going in person into the office) Promotions and raises go towards whomever upper management knows and likes better and are not actually merit or skill based You're more likely to make more money as a new hire than to get a noticeable raise as a current employee. It's not uncommon to be making less money than the people you're managing Will stagnate your career as a software developer, as you'll be spending months or years doing only testing, possibly doing solely manual testing depending on the team Understaffed teams means existing staff has to take on extra work for no additional pay Management makes compensation recommendations before you even submit your self-assessment for the performance review

Explore other reviews about PNC Financial Services Group

5.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits package, including a 401k match and pension.

Cons

Training moves way too fast.

2.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Compared with similarly sized institutions, PNC offers decent work-life balance. But it all depends on who your manager is. People are generally very helpful and always willing to answer questions. For the most part, I enjoyed my time there.

Cons

Compensation is frequently ranked among the bottom percentile in the industry, and this was no exception for myself. They do not take into account the cost of living of a certain area when you are in their analyst program. For example, someone in Nashville would have to the same compensation as someone with the same position in San Francisco. During my time there, it definitely felt very “laissez faire”. Communication among deal team members was also a bit unpolished, with juniors frequently having to play catch up. The bureaucracy and level of siloing between lines of business is awful. It slows down deal execution and overall efficiency.

2
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