Vancity Reviews

Updated February 15, 2015
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2.0
Recommend to a friend
Approve of CEO
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Tamara Vrooman
2 Ratings

3 Employee Reviews

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  1. Helpful (1)

    Good intentions...

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

    I have been working at Vancity full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    - excellent vision for making a difference within the community.
    - job security

    Cons

    Entry level jobs are well compensated. Positions that require more skill sets and training are under paid. Merit increases are very low - high and low performers receive almost the same increase. Same with bonuses.
    The level of nepotism for internal hiring is quite high. This has led to a number of talented employees leaving in recent years.

    Advice to Management

    Look at rewarding top talent through compensation and career development. Deal with employees that are either not performing at necessary levels through coaching or terminating employment. Not allow a abussive behaviour (verbal, mental) from senior leaders.


  2. Helpful (1)

    Hiring

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Surrey, BC (Canada)
    Current Employee - Sales in Surrey, BC (Canada)

    I have been working at Vancity

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Above average pay for job

    Cons

    Push sales only. Talk about helping members but only cares about sales

    Advice to Management

    Get new managers


  3. Helpful (1)

    21st Century is still a few years away

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Vancouver, BC (Canada)
    Former Employee - Financial Analyst in Vancouver, BC (Canada)

    I worked at Vancity

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Relaxing environment, relatively friendly to newcomers. Very happy with work-life balance being tilted towards the having a life side of things.

    Cons

    There is far too many "contractors" who just aren't into the whole Vancity ethos and have been there too long to actually add real value.
    As a bank for the people, they are really not at the leading edge (or ANYWHERE near) the front half of innovation. In terms of learning about finance or banking, I'd suggest going elsewhere, if you want safe, dependable then Vancity is your answer.

    Advice to Management

    Innovation isn't a swear word.



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