CIBC – “Constand Change but an OK Place to Work if you Like Politics”

Pros

Great People. Great Benefits. If you are in a technology role there is a broad spectrum of hardware and software that you can get involved in. A wide variety of training is available both techical and managerial.

Cons

Change and Politics drive the organization. The base pay is below what I have come to expect from other organizations I have worked for. Upper management does not seem to know what they are doing in running the Bank. They first loose $2.4 Billion due to Enron, then over $6 Billion due to the fallout of sub prime mortgages. If there is a way to walk into a wall CIBC will find it.

Advice to Senior Management

Look at how the other Canadian Banks are run and try and mimic them.