CIBC Mellon Reviews

Pros

great place to start off your career..workload isnt that heavy which allows you to study on the side...
after 2-3 years...better to move to another company for career progression

Cons

promotions given in IFS could be more fairly given and salary could be higher..currently salary is decent...

Pros

The people are great to work with and overall work environment is decent. Benefits are decent as well compared to other companies

Cons

Pay is extremely low relative to others in the industry. There is essentially no more for advancement as it is primarily a custodial.

Advice to Senior Management

Management is cheap. They actually have a cap on how much mail is in your lotus notes! Even gmail doesn't have that. Have to pay for attending company events, stingy with taxi chits, bad management overall.

Pros

Work/life balance is great
Comprehensive benefits package
Great people

Cons

Pay tends to be lower
Development opportunities are limited

Advice to Senior Management

Pay at the lower levels should be reviewed - otherwise, good job!

Pros

town hall meetings, the people, the location and facilities,

Cons

senior and middle management ability to engage and connect with staff

Advice to Senior Management

listen to the advice given in the workplace survey

Pros

Great placet to work which is located on Bay street, have opportunity to approach financial professionals in other companies and networking

Cons

Smaller company compared to other custodian banks. The pay is low compared with the job has been done. The working department is not very diversified

Advice to Senior Management

Overrall the management is good, some advices though, improve the salary. Give more room for the employees to improve and offer more challenges work to employees.

Pros

Well structured organization. Good work-life balance.

Cons

Some of the good people leave the company for better opportunities.

Pros

location is downtown toronto, allows to gain experience in financial services industry and meet professionals in the same working area

Cons

Pay is the bottom of the bottom, responsibilies are minimal, work advancement is extremly limited and based on who knows who

Advice to Senior Management

dont push employees around with contract extensions, it will only make them want to leave faster. Increase pay scale immediatly

Pros

the workload is very light. I had to sit in front of my computer and pretend to work after lunch

Cons

the salary level is much lower compares to other custodian bank (ex. RBC Dexia, Statestreet...etc)

Pros

Great atmosphere, friendly coworkers and a fun environment to work at

Cons

Employees deserve a slightly higher wage for the work they put in but for the most part its all good

Pros

Relaxing working environment.
Good people.
Flexible with vacations.

Cons

Low pay.
No room for growth.
Routine work.

Advice to Senior Management

Pay is too low.