Canada Mortgage and Housing Corporation

  www.cmhc.ca
  www.cmhc.ca
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Canada Mortgage and Housing Corporation Reviews

Updated July 8, 2014
Updated July 8, 2014
8 Reviews
3.2
8 Reviews
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  1.  

    Excellent second home.

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

    I have been working at Canada Mortgage and Housing Corporation

    Pros

    Management is great. The organization for the most part is very flexible and understanding. They try to support work life balance.

    Cons

    Depending on your department - there may be many weeks and months of extreme overtime involved.

    Advice to ManagementAdvice

    Compensation at CMHC is less than market value. Many staff members have professional designations that are required for their positions however these staff members could earn significantly more elsewhere.

    Recommends
    Neutral Outlook
  2.  

    CMHC Summer Intern

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

    I have been working at Canada Mortgage and Housing Corporation as an intern for less than a year

    Pros

    1) People are very easygoing and nice :)
    2) Competitive compensation

    Cons

    1) Not too much potential for promotion

    Recommends
    Neutral Outlook
  3.  

    Typical government agency

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

    I have been working at Canada Mortgage and Housing Corporation full-time for more than 10 years

    Pros

    Good worklife balance, excellent co-workers

    Cons

    Too much politics and weak senior management.

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  5.  

    Really enjoyed working here

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Canada Mortgage and Housing Corporation full-time for more than 10 years

    Pros

    Great colleagues with experience willingly shared

    Cons

    Bit bureaucratic, but too be expected. Some of managers micro managed

  6.  

    A Decent Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - 187912f8@opayq.com
    Former Employee - 187912f8@opayq.com

    I worked at Canada Mortgage and Housing Corporation as a contractor for more than a year

    Pros

    Some very nice and knowledgeable people to learn from, tuition reimbursement, government pension

    Cons

    Lots of "lifers" who are stuck in their ways, some managers and staff are just clueless

    Advice to ManagementAdvice

    Promote younger people too, not just veterans..

    Recommends
    Neutral Outlook
  7.  

    Excellent employer, but some policies and business practices could be more current/modern

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

    I have been working at Canada Mortgage and Housing Corporation full-time for more than 3 years

    Pros

    - Salary and benefits exceed those of the public service and many private sector employers.
    - Company places high emphasis on work-life balance, employee satisfaction and professional development.

    Cons

    - Organizational structure is very horizontal, which leads to inefficiency and, in some cases, a lack of clear roles/responsibilities or overlap of duties. There are too many managers.
    - Human resources policies are not applied consistently across the corporation.

    Recommends
    Neutral Outlook
  8. 1 person found this helpful  

    CMHC micromanages.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Ottawa, ON (Canada)
    Former Employee - Anonymous Employee in Ottawa, ON (Canada)

    I worked at Canada Mortgage and Housing Corporation

    Pros

    You are interested in housing or construction. Good benefits. Good salaries but you can only start at a maximum 80% of top rate in your posting.

    Cons

    I had to deal with an irrational manager who thought managing is controlling people.
    A very high turnover rate.

    Advice to ManagementAdvice

    Interview the people under your managers as a matter of course and not as a one-off.

    Doesn't Recommend
  9.  

    Overall great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Residential Mortgage Underwriter  in  Montreal, QC (Canada)
    Current Employee - Residential Mortgage Underwriter in Montreal, QC (Canada)

    I have been working at Canada Mortgage and Housing Corporation

    Pros

    Stable job, great pension plan and benefit, competitive compensation for most position. Especially for residential mortgage underwriter. Most manager treats employee well and work condition are generally good. Great employer for work/life balance. When you start, you know right away what your income will be for the next few years, pay scale are very transparent.

    Cons

    Slow pace, only 3 weeks of vacation for the first 8 years, incentive pay and bonus is very small (4-6%). Promotion are generally within the corporation and often there already a preferred candidate for a posting, yet the whole process is complete. Hiring process is not always as fair as it should be. Communication to employee from Senior management is not efficient.

    Advice to ManagementAdvice

    Be more open to change. Reward and recognize employee commitment and hard work. Be more generous in your hospitality or dept budget toward your employee.

    Recommends

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