PNC Bank is a subsidiary of PNC Financial Services Group. PNC Financial Services Group is an organization that deals with banking services. It is present in Pittsburg, Pennsylvania, USA. PNC is one of the biggest banks in the United States. It operates in around 21 states and 2,300 locations in the United States. Let’s know about PNC Bank Termination Policy.
PNC has a clear vision of its goals. It lays its foundation on ethical behavior, strong principles, and a positive work environment. The values of the organization must be well-respected by all the employees. Employees should be committed to all the policies and procedures of the organization to carry out the work efficiently. Any unethical or inappropriate behavior is prohibited and addressed with disciplinary action, even termination of employment.
PNC Bank Values
PNC Bank aims to grow and develop based on the values laid. These values enable the organization to have a clear vision and continued growth.
PNC values are as discussed below-
- Customer Focus- PNC always strives to fulfill the needs of its customers. It is committed to the on-time delivery of the needs to the customers. It maintains transparency in its dealings.
- Diversity and Inclusion- PNC believes in a diverse and inclusive workplace. It values the differences and encourages everyone to work together.
- Integrity- PNC believes in doing the right thing. It conducts its business with honest and ethical policies.
- Performance- PNC strives to achieve excellence in its business and maintain it.
- Quality of Life- PNC promotes the physical and mental well-being of its associates.
- Respect- PNC promotes mutual respect at the workplace. It trusts the abilities and judgment of its employees.
- Teamwork- PNC encourages others to work together and promotes team spirit in the work environment.
PNC has some policies and rules defined to protect these values. The organization expects every associate to obey these policies and rules. It does not tolerate any violation of these policies. It reserves the right to take strict action against the employee who violates these values and policies and also can terminate the employment contract.
Termination due to unethical behavior
PNC promotes equal opportunities for all associates. It believes in the accuracy of all the employee responsibilities. It expects that every employee should behave professionally at the workplace. Every employee must carry out work with honesty and ethical behavior.
Employees should not indulge in any kind of discrimination, retaliation, or harassment activity. Any discrimination based on religion, nationality, gender, age, disability is not tolerated. Employees should never ask other employees to do any unethical activity. Harassment activities such as offensive comments, humiliating, slurs, bullying, etc. are strictly prohibited. Sexual harassment activities such as inappropriate physical contact, requests for sexual advances, etc. are also strictly prohibited.
Any violation of ethical conduct shall not be tolerated and addressed with disciplinary action, even termination of employment.
Termination due to indulging in unfair means
Employees must always act in the interest of the organization and customers. They must deal fairly with the customers and suppliers. They must work with honesty and integrity. They must not indulge in financial transactions, offering or accepting any personal benefits from any client or supplier. They should not use customers’ funds to carry out any business. They must engage in conflicts that may influence their work. They must refrain from conflicts with authorities for personal interests.
Employees must not indulge in insider trading. They should not engage in deals with competitors that may influence the organization’s interests and reputation in the market. They must strictly follow the anti-corruption and anti-bribery policies. Employees must not indulge in bribing any government or non-government officials for work-related business. They must not falsify any financial or non-financial reports and documents.
Any indulgence in unfair means of business shall not be tolerated and addressed with disciplinary action, even termination of employment.
Termination due to confidentiality breach
Employees are expected to be responsible and ensure the protection of the company’s assets. They must safeguard the confidential information related to clients and customers. They must also respect the confidentiality of the personal information of their co-workers. They must not disclose any confidential or non-public information outside the organization.
Company’s property like networks, hardware, technologies, files, documents, software, etc. must be protected from theft, loss, damage, or destruction. Intellectual property that includes patents, copyrights, trademarks, etc. must be safeguarded.
Any confidentiality or security breach shall not be tolerated and addressed with disciplinary action, even termination of employment.
Frequently Asked Questions
- What is insider trading?
Answer. Insider trading includes trading with non-public information. Disclosing legitimate business and confidential information outside the organization for personal benefits are included in insider trading. If any employee encourages others to buy, sell, or hold securities while having the access to insider information or engage in illegal transactions, then it is called insider trading.
- What other conducts can be categorized as unethical behavior?
Answer. Threatening others, indulging in violence, possessing intoxicating substances at the workplace can also be categorized as unethical behavior.
