CIBC Reviews

Updated September 18, 2014
Updated September 18, 2014
502 Reviews
3.3
502 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIBC President, CEO, and Director Gerry McCaughey
Gerry McCaughey
233 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

Employee 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.  

    Stability but no integrity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Contractor  in  New York, NY
    Former Employee - Contractor in New York, NY

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

    Pros

    The compensation was fair to good.

    Cons

    The place is permeated with a culture of fear. Management plays games to dodge the regulators and no one seems to have their eye on the big picture of who the bank is supporting and endorsing and what those clients are doing. There is no moral or ethical backbone.

    Advice to ManagementAdvice

    Engage in communication with your staff, and institute a zero tolerance policy regarding loud public verbal abuse of staff by senior members - or by anyone!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    CSR

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

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

    Pros

    Coworkers and clients. Assistant Branch Managers were great for the CSR's.

    Cons

    Horrible experience with branch manager. Favouritism was blatant. High pressure sales and numbers to meet. Not necessarily what was best for the clients.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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  5.  

    Fairly Good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIBC

    Pros

    Not micro managed by superiors

    Cons

    Their pay scale could be higher

  6.  

    It was an overall satisfactory experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Human Resources Associate  in  New York, NY
    Former Employee - Human Resources Associate in New York, NY

    I worked at CIBC

    Pros

    I found the people I worked with, i.e., my co-workers, to have high caliber moral and integrity. During the time I worked there - it was like a familial relationship.

    Cons

    Lack of presence in the US. CIBC is largely a Canadian company and their US presence is minimal.

    Advice to ManagementAdvice

    To be more communicative of changes and challenges at the company.

    Recommends
    No opinion of CEO
  7.  

    It was good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Detroit, MI
    Former Employee - Anonymous Employee in Detroit, MI

    I worked at CIBC

    Pros

    Growth was good and also the salary.

    Cons

    Rude co-workers and bosses made it a hostile environment.

    Advice to ManagementAdvice

    Great people and good innovation

    No opinion of CEO
  8. 1 person found this helpful  

    CIBC employee

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

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

    Pros

    Great career development plan. Great people to work with.

    Cons

    The sales target are high

    Advice to ManagementAdvice

    Managers are more like friends, you can feel free to go to your manager if need anything.

  9.  

    They pay you

    • 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

    they pay you
    give you vacation

    Cons

    no right tool for the work
    work with no growth
    i don't like the management here

    Advice to ManagementAdvice

    distribute 90% of your salary and give everyone a raise

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Good work culture

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

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

    Pros

    Manager don't put extra pressure and do not micro manage your activities

    Cons

    Perks and growth opportunities at some places are challenge

    Advice to ManagementAdvice

    PMM should be remodel to include more quantitatively measured performance parameters

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    As a Learning developer, my main responsibility is to design and develop training modules for HRCs.

    • 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

    Encouraging work atmosphere and freedom.

    Cons

    Old versions of software and IT service requests take too long to be processed.

    Advice to ManagementAdvice

    Like working here!

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