Cibc Reviews
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Pros
Get your foot in the banking door. Then get out.
There are some great colleagues who have stayed in the company for 10+ years, some of the most dedicated people I've seen, some whom never taken a sick day for 20+ years. I think they get a chocolate bar at some point. Seriously.
CSC-PFP-CFP - then go make your $60 base as a Financial Advisor or leave for another bank. At a high enough tier most of your clients will leave you for a private wealth firm anyways due to the perceived lack of quality for the group.Cons
Managers with no merits who take time off and still knocks you on your PMM upon their 3-4 week holiday return. Ha! As long as you have decent ties to SVP's of the area you're pretty much set. The amount of nepotism in the whole area is sickening. In certain districts unless you're wearing a skirt you won't get promoted past branch manager. Ask around! Terrible pay structure where new hires can potentially get paid significantly more than experienced staff who will have to end up training them! Sure that makes sense.
Advice to Senior Management
Look at RBC's leadership, BMO even, CIBC is anemic when it comes to changing for the better. Other bank's stock prices have gone up, whereas my employee shares are still underwater. Thanks alot!
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Director in Toronto, ON (Canada):
“Constand Change but an OK Place to Work if you Like Politics”
Oct 28, 2009
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Anonymous in Toronto, ON (Canada):
“CIBC Senior Engineer review”
Oct 15, 2009
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Developer in Toronto, ON (Canada):
“Good opportunities, but politics rule over work”
Oct 14, 2009
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Anonymous:
“good place to start”
Oct 11, 2009
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Anonymous:
“Ok place to work, but I understand why there is a high turnover rate”
Oct 6, 2009
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Market Risk in Toronto, ON (Canada):
“RUN AWAY AND DON'T STOP RUNNING!!”
Sep 19, 2009
1 found helpful
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Specialist:
“if you play the game right, you'll have a very happy career”
Aug 18, 2009
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Technology Consultant in Toronto, ON (Canada):
“Just an average employer”
Aug 6, 2009
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Financial Services Representative I in Victoria, BC (Canada):
“If you can crank out the sales, you'll move ahead. Intellectuals will feel over qualified and passed over for promotion.”
Jul 20, 2009