There are newer employer reviews for CIBC

 

Great work life balance

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

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

Pros

1. Great work life balance
2. Better salary than other banks
3. Excellent work culture and very supportive support staff.

Cons

1. Very outdated technology systems.
2. Large and slow org. For sure there is room for improvement and it can be lot more efficent.
3. Need improvements in the hiring process.
4. Less opportunities for career advancement

Advice to ManagementAdvice

Technology systems improvement can lead to large savings.

Recommends
Neutral Outlook
Approves of CEO

527 Other Employee Reviews for CIBC (View Most Recent)

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  1. 1 person found this helpful  

    Fun for a bank

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

    I have been working at CIBC full-time

    Pros

    The teams within CIBC eChannels strive to be innovative, collaborative, and productive. Managers are encouraging and try to provide as much opportunities and resources as they can. When new ideas for employee satisfaction get brought up (such as open wifi network), the management shows effort to make it happen.

    Cons

    Due to the nature of the organization, security is a big concern, which causes the lines of communication to be less than open. Also, a lot of tedious bureaucratic and administrative processes are enforced, which are. The organization is highly structured and hierarchical. In general, people have great work-life balance - most people go home at 5 to attend to kids, etc.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Really depends on the department you're working at

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

    I worked at CIBC full-time (more than 3 years)

    Pros

    Decent benefits, company culture at head office roles is less political and more open and welcoming than at some other FIs.

    Cons

    At the retail banking level, horrible job at hiring for people management roles - vision is very short-sighted and short-term performance based

    No opinion of CEO
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