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Salary Scale Inflation

PNC Financial Services Salary Scale Inflation remained flat by 0.0% to 4.3% in Q4 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2023Feb 20, 2026

How to read this metric

Higher assumed rates increase the projected benefit obligation, leading to higher pension expense and potential funding requirements.

Detailed definition

The average annual rate of salary or compensation increase assumed for employees covered by defined benefit pension plan...

Peer comparison

Benchmarkable against industry-standard wage inflation expectations and peer actuarial disclosures.

Metric ID: other_defined_benefit_plan_assumptions_used_calculating__f00dda

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value4.3%4.3%4.3%
QoQ Change+0.0%+0.0%
YoY Change+0.0%+0.0%
Range4.3%4.3%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak2+ quarters growth

Frequently Asked Questions

What is PNC Financial Services's salary scale inflation?
PNC Financial Services (PNC) reported salary scale inflation of 4.3% in Q4 2023.
What does salary scale inflation mean?
The projected annual rate of salary growth used to calculate future pension liabilities.