CIBC Reviews

Updated May 13, 2021

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3.9
76%
Recommend to a Friend
90%
Approve of CEO
CIBC President & CEO Victor Dodig
Victor Dodig
1,776 Ratings
Pros
  • "Stable job and good work environment(in 278 reviews)

  • "Good work environment and work life balance(in 261 reviews)

  • Cons
  • "It was challenging sometime to find work life balance(in 106 reviews)

  • "Annoying sales targets set by mgmt(in 86 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee

      Analyst

      Apr 28, 2021 - Conversion Analyst in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Opportunities, work life balance, benefits, education assistance

      Cons

      Small bonus, minimal raises, low role flexibility

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    2. 4.0
      Former Employee, more than 3 years

      Great employer, with low mobility

      May 7, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent management and HR, problems are addressed immediately. Promotion almost always follows standard meritocratic criteria such that you can understand why people get promoted. Too many benefits and perks to mention.

      Cons

      The main con is a big one: upward mobility is severely restricted. It's very hard to get promoted, and when you do the salary increases are minimal. This is an overall awful problem with the Canadian economy, but it's certainly easy to see at CIBC. As much as the people who get promoted, deserve it, it's very hard to get. The second great con, is how routine based all the work is. CIBC avoids creativity and letting employees think for themself. CIBC wants employees to follow strict procedures to the letter. I believe this extends all the way up to the C-suite. Everyone is working like they are on an assembly line. It's a grind.

      1 person found this review helpful
    3. 5.0
      Current Employee

      Great working culture

      May 13, 2021 - Client Service Representative in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Friendly and supportive colleagues and managers

      Cons

      mostly by annoying clients gap in training

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    4. 5.0
      Current Employee

      Good place to work

      May 13, 2021 - Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Safe Secure Work life balance Good management Good culture

      Cons

      Hierarchy Difficult to get into FO

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    5. 5.0
      Current Employee

      Good Bank

      May 12, 2021 - Director in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The bank will give hard workers an opportunity to grow

      Cons

      Long hours are often required to handle the work load

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    6. 5.0
      Former Employee, less than 1 year

      working environment

      May 10, 2021 - Customer Service Representative 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good corporate culture and provide me big space for growth

      Cons

      this is my first job in Canada, so I think everything is good enough for me to learn and grow in the future

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    7. 5.0
      Former Employee, less than 1 year

      CIBC

      May 12, 2021 - CIBC in Vancouver, BC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good team work and sufficient training

      Cons

      wage may below than other branches

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    8. 4.0
      Former Employee, more than 1 year

      Working Environment

      May 11, 2021 - Senior Analyst in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Stable, not too much restructuring and good work-life balance

      Cons

      slowness in building on career

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    9. 4.0
      Current Employee, more than 3 years

      Analyst Operations

      May 10, 2021 - Analyst Operations in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good learning experience, ability to grow.

      Cons

      pay is average, should be higher. Benefits are average, and team culture is almost non-existent.

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    10. 4.0
      Former Employee, more than 3 years

      Nice evironment to work but hard to grow career

      May 9, 2021 - Helpdesk Analyst in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Multi culture environment and good leaders

      Cons

      Low salary structure as it gives max 5-7k raise when changing level in job

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    Viewing 1 - 10 of 4,440 Reviews
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