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CIBC Wood Gundy

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CIBC Wood Gundy

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CIBC Wood Gundy Employee Reviews about "training"

4.1

67% would recommend to a friend

(8 total reviews)

President & CEO Victor G. Dodig

Victor G. Dodig

94% approve of CEO

Ratings by category

4.2

Diversity and Inclusion

3.9

Compensation and Benefits

3.8

Culture and Values

3.7

Career Opportunities

3.7

Work/Life Balance

3.6

Senior Management

Ratings distribution

5 stars

27%

4 stars

31%

3 stars

25%

2 stars

11%

1 star

5%

Top Review Highlights by Sentiment

Excerpts from user reviews, not authored by Glassdoor

Pros
Cons
  • "Pay is low and systems often are down(in 7 reviews)
  • "There is no training and it will take you up to a year to be comfortable with the systems.(in 5 reviews)
  • "Even when I had worked weekends for my advisor I got barely anything at such a low salary.(in 3 reviews)
  • "Long hours were required and once in a blue moon coming in on a weekend(in 3 reviews)

Ratings by Demographics

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Found 8 of over 135 reviews

Updated Nov 25, 2023

Reviews about "training"

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8
    1. 3.0
      Jun 6, 2019
      Processor
      Former Contractor, less than 1 year
      Hamilton, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      + Company makes concerted effort to promote a creative environment where creative solutions are welcomed (RARE) . Very nice that it's not a boring corporate culture, rather a place where ideas are encouraged! + Learning a lot about CIBC products and offerings. Interesting employee perks (contests, performance awards, etc.) + Very supportive and positive online corporate environment. (Inter-office Facebook system was enlightening and fun, you could interact with other employees throughout the company)

      Cons

      + Online Corporate culture was a stark contrast to the real world office environment, at least where I was stationed. Unfortunately leadership was often negative. Yelling by manager could be heard often whenever an issue arose, making concentration on work difficult. Leadership snapping at employees who offered calm reasonable solutions. + Staff / Management under-prepared for autistic employees (such as myself). Judgement and social exclusion by staff created a hostile environment for me, going in everyday became more difficult the more I was outcast by older employees who have not been educated about autism. (Lack of eye contact, social awkwardness, inability to read social signals.) These things were taken personally by staff creating a tense atmosphere, despite friendly attempts to explain my condition. + Poor training materials. Procedures would change daily, you might miss a change if you go to the bathroom. They do not keep a log of procedure changes, so when a process is introduced to a new employee, it is outdated. Management does not update materials. Good luck. + Some team leads are reasonable with correcting employees, some are down-right abusive.

      1. 4.0
        May 7, 2018
        Anonymous Employee
        Current Employee
        Recommend
        CEO Approval
        Business Outlook

        Pros

        Great people to work with and good culture

        Cons

        Could provide more training for some things, back office is quite resistant to work.

      2. Join the CIBC Wood Gundy team
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        1. 4.0
          Jan 14, 2015
          Investment Advisor Assistant
          Former Employee, more than 1 year
          Halifax, NS
          Recommend
          CEO Approval
          Business Outlook

          Pros

          It was like family, everyone got along extremely well, and it was a very friendly environment to work in. The best part of the job was the people

          Cons

          Very low pay, no training, Branch Administrators could have a better attitude, people who did less work for their IA's got paid more than the hard workers who worked extremely hard for other IAs

          1
          1. 3.0
            Jul 19, 2020
            Client Associate
            Former Employee, more than 1 year
            Toronto, ON
            Recommend
            CEO Approval
            Business Outlook

            Pros

            The job can be fun if you work for a good group.

            Cons

            There is no training and it will take you up to a year to be comfortable with the systems.

            1. 4.0
              Jan 27, 2015
              Anonymous Employee
              Current Employee
              Recommend
              CEO Approval
              Business Outlook

              Pros

              Training and careers support, work life balance

              Cons

              Not many perks for interns

              1. 2.0
                Oct 30, 2017
                Anonymous Employee
                Current Employee
                Recommend
                CEO Approval
                Business Outlook

                Pros

                Benefits, Employee share program, Stable

                Cons

                Very little training, compensation is very low, expectations are very high, highly regulated and does not adapt to technology, extreme sense of entitlement from the Investment Advisors, high barriers to entry to move into a more senior role, very little support from management with regards to any problem, nobody seems to know the correct path to doing anything because of the lack of training across the firm.

                1
                1. 3.0
                  May 26, 2021
                  Client Associate
                  Current Employee, more than 3 years
                  Toronto, ON
                  Recommend
                  CEO Approval
                  Business Outlook

                  Pros

                  - Small teams - Great for learning how to build a business in the industry - CIBC Resource depth

                  Cons

                  - Little training - Small teams - Systems are somewhat inefficient - Pay is at the lower end

                  1
                  1. 2.0
                    Mar 9, 2018
                    Client Associate
                    Former Employee, more than 1 year
                    Saint John's Mission
                    Recommend
                    CEO Approval
                    Business Outlook

                    Pros

                    Possible monthly bonuses from IAs plus annual bonus from CIBC, great health and dental, defined benefit plan, Will pay for almost any industry courses you would like to do while working there Regional and national training conferences

                    Cons

                    High pressure environment with continuously increasing work loads, Base salary is a joke considering what is expected of you, Assistants or “associates” often used as scape goats for mistakes, Many IAs treat assistants disrespectfully, Old school mentality as many employees are 50, 60, even 70+ years old

                  Viewing 1 - 8 of 8 Reviews
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                  2
                  0 Comments

                  Accountant

                  I'm currently in a job (< 3 months) that I plan on leaving out (background, resume, mentions during interview) but one common question is "when can you start?" I don't want to tell them about my 90-day stay (very toxic, looking for an out), but don't want to find myself in a bind down the road either (picked up by background check, needing extra time to start so I can give my 2 weeks, etc.) My prior job was 9 months long and don't want to be a job hopper either so a little stuck here.

                  2
                  4 Comments

                  QC Specialist II

                  When someone says “We are eager to fill this position, we have no timeline but it should not drag out,” what are the chances I’m selected? This was at the third round interview, last Tue (5d ago) when I was told I should hear from HR next. The job was posted 30+ days ago. I applied for it on 10/22 and the interview process started 11/6 with an HR screening phone call.

                  1
                  3 Comments

                  Glassdoor has 135 CIBC Wood Gundy reviews submitted anonymously by CIBC Wood Gundy employees. Read employee reviews and ratings on Glassdoor to decide if CIBC Wood Gundy is right for you.