CIBC Reviews | Glassdoor.ca

CIBC Reviews

Updated 23 May, 2017
1,549 reviews

Filter

Filter

Full-time Part-time

3.5
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO

1,549 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
  • work life balance is compromised due to many projects on limited budget (in 51 reviews)

  • Too much pressure on you to achieve sales targets (in 51 reviews)

More Pros and Cons

  1. "good place to start your career with"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in North York, ON
    Current Employee - Anonymous Employee in North York, ON
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good environment and very nice colleagues

    Cons

    compare to other FIs lower salary rate and lower insurance coverage.

    Advice to Management

    focus on macro management


  2. "Specialist, Process Engineering"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Specialist, Process Engineering in Toronto, ON
    Former Employee - Specialist, Process Engineering in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CIBC (Less than a year)

    Pros

    Environment
    Team Expertise
    Flexible work hours
    Friendly colleagues
    Project Scopes

    Cons

    Slower career progress, maybe due to culture


  3. "Financial Services Representative II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative II in Toronto, ON
    Current Employee - Financial Services Representative II in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIBC (Less than a year)

    Pros

    Very good training program and great working environment

    Cons

    Too may unnecessary meetings and conference calls

    Advice to Management

    Cut down on conference calls and meetings for better time management and output


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Commercial Banking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Toronto, ON
    Current Employee - Associate in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIBC full-time (Less than a year)

    Pros

    The people and culture is great at CIBC.

    Cons

    Salaries are low for the amount of work.


  6. "Financial sales representative"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Anonymous Employee in Winnipeg, MB
    Former Employee - Anonymous Employee in Winnipeg, MB

    I worked at CIBC full-time

    Pros

    difficult to pas the interview

    Cons

    good salary in therms o other works

    Advice to Management

    they should consider the other county's job exp


  7. "Sr Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON

    I have been working at CIBC full-time (More than 5 years)

    Pros

    Generally provides good work life balance

    Cons

    not the highest salaries in the industry


  8. "Positive experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON
    Former Employee - Anonymous Employee in Toronto, ON
    Recommends
    Approves of CEO

    I worked at CIBC (More than a year)

    Pros

    Good working environment
    Excellent stuff
    Great management

    Cons

    Nothing to add that would be against this bank and service

    Advice to Management

    Keep that way


  9. Helpful (1)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Toronto, ON
    Current Employee - Business Analyst in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work life balance is great

    Cons

    To many re-orgs stability in not great.

    Advice to Management

    Stick to a plan.


  10. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Director in Toronto, ON
    Former Employee - Senior Director in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CIBC (More than 10 years)

    Pros

    Good opportunities to advance, and great people all across the organization. The future move to the new downtown Toronto head office will have a huge positive impact to the culture

    Cons

    None really to speak of

    Advice to Management

    NA


  11. Helpful (1)

    "Average at best"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON
    Former Employee - Anonymous Employee in Toronto, ON
    Negative Outlook
    No opinion of CEO

    I worked at CIBC full-time (More than 10 years)

    Pros

    CIBC offers a competitive salary and benefits compared to its industry. Training is encouraged to be taken to further your career. Culture and diversity is very evident in the makeup of the organization. Organization is very active in the community (i.e. sponsors a variety of community events)

    Cons

    Constant organization churns that inevitably leads to layoffs. Organization does not seem to have a long term strategy and is highly reactive. Over the last few years, CIBC has taken a lesser role in developing employees (placing the responsibility on the employee instead). CIBC is very process oriented organization to the point where there is more paperwork to fill out then the work itself.

    As an employee it can be difficult to take pride at this organization for the following reasons:

    1. Has fallen from #2 to #5 Canadian Top Bank (with no definitive plans on how to reverse its drop)
    2. Marketing is questionable (i.e. their spokesperson is Percy the penguin)
    3. The least diverse bank (compared to its peers) - primarily Canada even with recent acquisition of Private Bancorp.

    Advice to Management

    Think bigger - How is CIBC going to outperform its peers? Stop putting resources on developing niche products and services that only last a few months or with little profitability (i.e. partner branded credit cards - Petro Canada, Telus, etc; Global Money Transfer)


Showing 1,549 of 1,671 reviews
Reset Filters