CIBC FAQ

All answers shown come directly from CIBC Reviews and are not edited or altered.

40 English questions out of 40

September 30, 2020

What is health insurance like at CIBC?

Pros

Good benefits such as health insurance and employee discounts

Cons

Low salary and high pressure for sales

Good benefits such as health insurance and employee discounts

September 30, 2020

See 4 more answers

August 1, 2018

Does CIBC offer sponsored degrees?

Pros

Pay, flexible benefit packages, vacation- starts at 3 weeks plus an optional unpaid week that can be deducted off each pay which you barely miss, vacation goes up in 10th year of service to 4 weeks paid, then 5 weeks paid at 20 years. Corporate culture of trust teamwork and accountability that is actually enforced. Probably depends where you are but it is a workplace that has very little drama and positivity is encouraged and expected. They usually promote people within the company when jobs come up. Good tuition assistance and mentality around learning and development.

Cons

They often give positions to people in Toronto that could easily be done remotely from other locations so there are many people stuck in the same positions for a long time elsewhere. The hours in the call centers are evenings and weekends which is hard after a while.

Advice to Management

Allow more jobs to be filled in the Maritimes instead of hiring exclusively in Toronto.

Good tuition assistance and mentality around learning and development.

August 1, 2018

See 2 more answers

November 20, 2019

What is the retirement plan like at CIBC?

Pros

Excellent benefits and retirement packages and Okay pay.

Cons

People you are dealing with everyday influences the overall experience, either good or bad. Career advancement is not easy to achieve.

Excellent benefits and retirement packages and Okay pay.

November 20, 2019

See 3 more answers

August 7, 2018

Does CIBC offer dental insurance?

Pros

Job security, work benefits,medical and Dental coverage

Cons

Just a fancy word for highly qualified CSR's(tellers)

Job security, work benefits,medical and Dental coverage

August 7, 2018

See 3 more answers

August 15, 2020

Does CIBC have a pension plan?

Pros

Great benefits, stock purchase plan and pension

Cons

too much red tape but understandable as it is a major Financial Institution

Great benefits, stock purchase plan and pension

August 15, 2020

See 15 more answers
  • 1
  • 2
  • 3
  • 4
  • 5

40 English questions out of 40