CIBC Reviews in Canada

Updated October 24, 2014
Updated October 24, 2014
527 Reviews
3.3
527 Reviews
Rating Trends

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CIBC President, CEO, and Director Gerry McCaughey
Gerry McCaughey
242 Ratings

Review Highlights

Pros
  • Good culture with a renewed focus on continuous improvements and work life balance (in 45 reviews)

  • Good benefits, employee shares, free employee bank accounts (in 26 reviews)


Cons
  • No work life balance at some departments, with lack of respect for people's vacation (in 17 reviews)

  • They preach accountability but senior management avoids accountability at all costs (in 18 reviews)

More Highlights

459 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Product Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager in Toronto, ON (Canada)
    Former Employee - Product Manager in Toronto, ON (Canada)

    I worked at CIBC full-time (more than an year)

    Pros

    Great people, atmosphere, hours. I was able to have a work-life balance and worked with a great team of people.

    Cons

    Not many movement opportunities. I found coming in a jr. I was not able to move around teams very easily, with little help to do so

    Advice to ManagementAdvice

    Need to provide more opportunities for movement up as well as to other teams laterally.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Genuinely care. Not all departments created equal

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

    I have been working at CIBC full-time (more than 5 years)

    Pros

    Good culture with a renewed focus on continuous improvements and work life balance. Depending on department, lots of support and opportunity for growth and promotion.

    Cons

    Pay might not match other FIs, but it's balanced by a group of good people. Work load can get hectic at times, but I suspect that's the case everywhere based on fiscal expectations.

    Advice to ManagementAdvice

    Look at balancing the scales on compensation. Keep focusing on hiring the right people and providing them with growth opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Good job opportunity

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

    I worked at CIBC as an intern (less than an year)

    Pros

    Values Its employees. Great work environment

    Cons

    Very big, so some process may take time.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Customer Service Representative

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

    I have been working at CIBC full-time (less than an year)

    Pros

    Great people, good environment. Good pay

    Cons

    Lack of continuous training, and lack of support from management

    Advice to ManagementAdvice

    More involvement to low level staff

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Excellent Starting Point

    • 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 full-time

    Pros

    Excellent support while learning the industry

    Cons

    Considerable pay difference for same role in other bank

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Ideal Working Environment

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

    I have been working at CIBC full-time (more than 5 years)

    Pros

    One of the biggets financial institution in Canada

    Cons

    Heavy workload at times due to current projects.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Great company

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

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

    Pros

    Great place to work, lots of opportunities to grow, open job posting system, good salary and perks, access to senior management.

    Cons

    Huge workplace, people can get lost in the complex infrastructure if one is not clear about his career goals, takes time to understand relationships between groups.

    Advice to ManagementAdvice

    Great strategy, continue being open with employees

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Lots of opportunity

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

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

    Pros

    Large organization with the opportunity to gain experience across many lines of business.

    Cons

    Little work and life balance.

    Advice to ManagementAdvice

    Appreciate employee hard work and dedication and promote a work and life balance i.e. - ability to work from home periodically. This will reduce stress and turnover.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Great company to work for

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

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

    Pros

    Company values, Office culture, team members, quality of work

    Cons

    multiple process groups, work-life balance

    Advice to ManagementAdvice

    process improvement, personal growth

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    its a good place to work especially for anew comer in Canada

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

    I have been working at CIBC full-time (more than 3 years)

    Pros

    diversity. good benefits, multiculturalism, good ambience

    Cons

    not very open for growing to the next level

    Recommends
    Positive Outlook
    No opinion of CEO

CIBC Photos

Commerce Court (west), where CIBC is headquartered in Toronto (Photo attributed to SimonP - licensed under the CCL Attribution-ShareAlike 3.0 & GFDL, version 1.2)
40 Dundas office
40 Dundas office - common area
Commerce Court (North), where CIBC is headquartered in Toronto (Photo attributed to SimonP - licensed under the CCL Attribution-ShareAlike 3.0 & GFDL, version 1.2)

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