The compensation reviews this week are just another reminder that we are seen as nothing more than an expendable mouth to feed. Meets all expectations? We don’t care. Exceeds all expectations? Thanks for your free overtime. Remote work saved PNC during the pandemic. Online banking rolled out to over 11 million customers. Acquiring BBVA and FirstBank. Record revenue and growth. A record high stock price this year. What do we get out of it? RTO5 and an increase that most likely wouldn’t even cover parking fees for 60 days. Really 1.25%…. 1.5%. I haven’t heard anyone get over 2%. I guess this is what brilliantly boring means for employees. Just a friendly reminder Bill aka prince of darkness was compensated over $20M in 2024 (https://www.salary.com/research/executive-compensation/william-s-demchak-executive-member-of-pnc-financial-svcs-group-inc)
6 replies (most recent on top)
I got more than 1% but I'm still going to leave as soon as I secure an acceptable offer from anywhere else.
1% is a joke. And they're bumping up the comp bands but not bringing everyone up to market.
When I look at PNC’s stock price for 1, 2, and 5 years, it lags almost every other major bank. We need more from everyone, including the CEO on down to part-time drive thru tellers. “Record profits” is only a record for PNC, and frankly that bar isn’t very high. Plus, it’s a nominal number…. As the company gets bigger then of course it makes more money. I’d be more interested in something like “revenue per full
Time employee” and compare that to the rest of its peers.
@bq because that’s PNC’s responsibility: make sure you can survive. Develop a skill or find a new job. We’re each only worth so much, and staying with PNC simply validates the point.
Yep then they wonder why employees are doing the bare minimum!! 😡😤
Compensation, if you want to call it that, is a joke. It won't cover 100 days of parking costs to come in 5 days a week. PNC made 7 billion dollars in 2025 and gave their employees hardly anything to survive on.