CIBC Reviews

Updated July 26, 2014
Updated July 26, 2014
489 Reviews

3.3
489 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIBC President, CEO, and Director Gerry McCaughey
Gerry McCaughey
229 Ratings

Review Highlights

Pros
  • There is considerable work-life balance and the compensation is good (in 41 reviews)

  • Good benefits, employee shares, free employee bank accounts (in 23 reviews)


Cons
  • No work life balance at some departments, with lack of respect for people's vacation (in 14 reviews)

  • They preach accountability but senior management avoids accountability at all costs (in 16 reviews)

More Highlights

49 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Developer  in  Lake Zurich, IL
    Former Employee - Developer in Lake Zurich, IL

    I worked at CIBC as a contractor for more than a year

    Pros

    good pay, good environment, good people

    Cons

    long hours, diificult to manage commute from home

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Excellent Employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Edmonton, AB (Canada)
    Current Employee - Financial Advisor in Edmonton, AB (Canada)

    I have been working at CIBC full-time for more than a year

    Pros

    With best in the industry salary. Excellent work atmosphere, there are hardly many employers stands near CIBC.. World class and open to multicultural...

    Cons

    Equal targets for new and old employees. Same task every time..

    Advice to ManagementAdvice

    Check your own work force before giving chances to new comers.. Listen to your employees regularly and involve them in decision making,,

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    dont' rate 0 star, have enough good management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIBC

    Pros

    you have a job in big 5
    standard bank package

    Cons

    for any team
    very motivated-subordinate takes blame
    stable company- no growth,
    good team work- you help others, but other don't help you.

    for specific team
    many opportunity-high turnover
    good management skill - management takes your credit, but you are the one do all the work
    recognize you by giving out garbage

    Advice to ManagementAdvice

    take 80% of your salary and give everyone 50% raise.
    giving people the right tools to do their work
    invest in people

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    A great place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Technology Analyst  in  Toronto, ON (Canada)
    Current Employee - Client Technology Analyst in Toronto, ON (Canada)

    I have been working at CIBC as a contractor for less than a year

    Pros

    Lots of thing to learn

    Cons

    Difficult to get a permanent job

    Advice to ManagementAdvice

    Doing a good job. Keep it up.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great company to work with

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIBC

    Pros

    - Structured work processes
    - Friendly people
    - Great time-off policies
    - encourage to take courses to improve knowledge
    - good compensation and benefit package
    - Work Life Balance

    Cons

    I personally didn't come across any cons except that there is an extreme requirement to the dedication of your time to work and socializing with teams. Sometimes if you have a lot of responsibilities, there is no time to socialize.

    Advice to ManagementAdvice

    Management could help by communicating requirements of the job to their employees more frequently.

  7.  

    Great Place To Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head Office  in  Toronto, ON (Canada)
    Current Employee - Head Office in Toronto, ON (Canada)

    I have been working at CIBC full-time for more than 8 years

    Pros

    Innovative, community focused, support of career development

    Cons

    Nothing to add here, thanks

    Advice to ManagementAdvice

    Invest in your brand to get people more excited to work @ CIBC

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great Place to Work

    Former Employee - Financial Services Representative  in  Montreal, QC (Canada)
    Former Employee - Financial Services Representative in Montreal, QC (Canada)

    I worked at CIBC full-time for less than a year

    Pros

    CIBC has a great environment, and motivates its employees tremendously in effective ways such as gift cards, concert/event tickets and cash bonuses. The company also helps you grow within the company by providing you with tools in order to succeed.

    Cons

    The hours 3pm-11pm, were a little rough, but okay

  9.  

    Accounting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accounting Officer  in  Toronto, ON (Canada)
    Current Employee - Accounting Officer in Toronto, ON (Canada)

    I have been working at CIBC full-time for more than 10 years

    Pros

    Fund Accounting, Trade Processing, Settlement & Reconcilaition

    Cons

    Software development/Accuracy. Investigation, communication & Admin Support

    Advice to ManagementAdvice

    Very Active

  10.  

    CIBC was a good employer that takes good care of their employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Services Representative  in  Vancouver, BC (Canada)
    Former Employee - Customer Services Representative in Vancouver, BC (Canada)

    I worked at CIBC full-time for more than 5 years

    Pros

    Fun environment, great team members, they accommodate ergonomic tools such as chairs desks keyboards etc

    Cons

    They closed their Vancouver Call Center putting more than 200 employees out of work

    Recommends
    Approves of CEO
  11.  

    Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative II  in  Toronto, ON (Canada)
    Current Employee - Financial Services Representative II in Toronto, ON (Canada)

    I have been working at CIBC full-time for more than a year

    Pros

    Alot of oppurtuniites to move ahead.
    Very supportive. If you need any assistance with your future roles,they will prepare you for that

    Cons

    there are alot of different platforms required at the job. But, they should be all consolidated together

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