Vancity Reviews

Updated March 16, 2015
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4.0
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Tamara Vrooman
8 Ratings

11 Employee Reviews

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  1. Helpful (1)

    Does some things very well, others not so much.

    • 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 a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Interesting place to work,colleagues are friendly but depends on what part of the organization you're in! Benefits package is good.

    Cons

    Upper management are not fully listening to folks on the ground level i.e. branch staff and call centre staff who deal with members dailt. Huge amount of pressure to hit sales targets. HR department is disorganized, difficult to deal with and get clear answers from and contains a number of employees that should have been let go long ago.

    Advice to Management

    There are some individuals employed here that spend more time wandering around talking to people than they do at their desk. Compensation should align with market rates


  2. Socially Progressive, Though Organizationally Non-progressive (slow)

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

    I have been working at Vancity full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    - Above average time off, especially at entry level - Standard, but very good, health benefits - Company has events for staff a couple times a year that are often creative and fun - Generally does the right thing - Super, super active in many community programs and organizations

    Cons

    - Training is okay, could be improved, probably below average, but not worst - Pay is good for the people at the bottom, but not always that competitive in the middle roles - Culture is resistant to change, but that can be a good thing sometimes - Depending on the office, it can be laid back or hard working

    Advice to Management

    - Review compensation for some roles as they may be outdated and non-competitive - Some roles have lower requirements and higher or equal pay, so some roles should be paid less actually - Eliminate the bureaucracy to become nimbler so the company can grow - Less micro-managing please, so things can get done faster - see "operating at the speed of trust"


  3. Helpful (1)

    Great values and vision. Low chances of progression.

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

    I have been working at Vancity full-time (More than 8 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Amazing products and services Friendly staff 35 hour work schedule Living wage employer Very good benefits 4 weeks vacation Cooperative Environment and community friendly

    Cons

    Under-appreciated as staff Long tenure and exceeding expectations does not guarantee advancement Limited opportunities Limited shadowing and career development oppoertunities

    Advice to Management

    Promote from within rather than hiring externally Appreciate loyal staff who are always going above and beyond Provide more growth opportunities and cross-shadowing Pay for 100% of tuition reimbursement even if unrelated to current job (but applicable to future position)


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  5. Helpful (1)

    great culture and work environment

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

    I worked at Vancity full-time (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    staff, culture, support, benefits, balance

    Cons

    poor compensation and talent scouting


  6. Work / life balance

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    7 hour work days, annual merit increase, plenty of employee recognition, job stability

    Cons

    many older staff because of job security making it difficult to move up with all the more qualified old people working here

    Advice to Management

    Say hi to your entry level employees sometimes. We exist too


  7. Helpful (1)

    Good benefits, perks, and salary

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

    I worked at Vancity full-time

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Flexible work schedule and friendly work environment within department. Good company to work for but it also depends on your manager. Good if you have a good manager support but crappy if he/she doesn't give a crap of you. There are annual staff events that brings the entire Vancity organization together.

    Cons

    Limited support from other departments and low morale. I've seen many people were let go by this organization thus created a low morale in the department. Everyone is afraid that they will be next person to be let go.

    Advice to Management

    Pay attention to front line staff. Sometimes the FSR are busy as hell and the line is super long. Management should help out FSRs if the line is long so the members won't be unhappy. The TV screens can only keep the member occupied for a limited number of minutes.


  8. Helpful (1)

    Good company

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

    I have been working at Vancity part-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very interested in environment and social development

    Cons

    Some departments work in a silo

    Advice to Management

    Share more knowledge with employees.


  9. Very good organization that takes care of its employees

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

    I worked at Vancity

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Good caring management, provides work life balance, good employee morale. Lots of fun activities and extremely good benefits package, insurance, health, etc

    Cons

    no real cons. the only thing i can think of is may be competitive spirit lacking, lack of ambitious employees

    Advice to Management

    may be we can cut down budgets on some of the leisure activities (which are too many) and instead use them towards employee bonus/ community/ etc


  10. Helpful (1)

    Above average overall work environment

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

    I have been working at Vancity

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Casual work environment, competitive salary, breaks during shifts, flexible work schedule, vacation pay, simplified interview progress, team orientated work place

    Cons

    poorly designed training section, pressure on entry level employees, unfair treatment between new employees and old employees and criticize on certain behaviour pattern

    Advice to Management

    Extend the training from 3 weeks to one month. Specify the training into 2 sections: one week for the online training and 3 weeks for hands on.


  11. Helpful (1)

    Where doing the right thing becomes a corporate mantra

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

    I worked at Vancity

    Recommends
    Recommends

    Pros

    The best reasons to work for VanCity is that it's a place where you can truly feel good about your job and the impact it makes in the community. And the people were truly decent people that worked hard to be consistent in what was said and done. I felt senior management really wanted to "do the right thing" in all aspects.

    Cons

    When I worked there, Dave Mowat was still CEO, and I could see a growing rift between how things were done and a "work hard, play hard" culture he wanted to develop. Ultimately, I'm pleased to see that he has gone onto other things and the new CEO returned to the "decency" foundations of the company

    Advice to Management

    Build on your strengths! People were very committed to the VanCity proposition, and loved their jobs. Revel in the fact that you don't have to make the same kind of profits of other banks - it frees you up to spend more on doing what's right.



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