Vancity
3.7 of 5 28 reviews
www.vancity.com Vancouver, Canada 1000 to 5000 Employees

Vancity Reviews

Updated May 19, 2014
All Employees Current Employees Only

3.7 28 reviews

                             

79% Approve of the CEO

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Tamara Vrooman

(19 ratings)

86% of employees recommend this company to a friend
28 Employee Reviews
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    • Culture & Values
           
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    • Disapproves of CEO

    2 people found this helpful  

    Vancity is a terrible company

    Vice-President (Current Employee)
    Vancouver, BC (Canada)

    ProsThere are none. I wish I could think of a single one.

    ConsPolitics. Crappy CEO. Dumb decisions.

    Advice to Senior ManagementTime for a major change in the management suite.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Nothing that I expected. Left to flounder in my position with no help or support. Even reaching out to HR - useless.

    Anonymous Employee (Former Employee)
    Vancouver, BC (Canada)

    ProsNice social environment at times.

    ConsManagement - out of touch with employees.
    Not supportive of employees.
    Pay attention when our team is working overtime -- all the time to meet your goals.
    Not participating in team building social events is frowned upon.
    Best company to work for is a sham.
    Not all areas are bad, but those that are bad are extremely toxic.
    New employees not accepted as easily into culture.

    Advice to Senior ManagementListen to your employees concerns and take action rather than appearing to care, it would help if you actually stepped in and cared.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Work/Life Balance
           
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    2 people found this helpful  

    Horrible. They promote work life balance but good luck with that.

    Anonymous Employee (Former Employee)

    ProsIt's a job and they're not a bank.

    ConsVery poor management and communication; many managers have no real world experience outside of Vancity so have no clue how the real world works

    Some managers are given projects way outside of their comfort zone and have no idea what they are managing; in turn they try desperately to cover their asses and point their fingers at others for blame

    Most employees are lifers and have no incentive to think outside the box and have very little initiative

    A very hierarchy based enviornment where sucking up is everywhere until you get into back room discussions

    A lack of respect across the board but it's not even noticed, just buried. Management likes to portray Vancity as a wonderful place to work, sadly it's a more toxic environment than most actually realilze

    Belief that most members care about investing in initatives that help the community, meanwhile most members care about their money and getting a return

    Employees care more about their bonuses than anything else. These bonuses should be going back to members instead of the sedintary, disinterested employees

    As a member I've noticed the high turnover at my local branch, not a good sign of a great work environment.

    If you are thinking about taking on a contract or becoming a full time employee, think twice.

    Advice to Senior ManagementStop pretending you have the utopian work enviornment, it's far from it. You have managers who are jealous of their directors, you have VPs that think a monthly meeting is shoring up moral, you have employees that are so complacent they have turned into zombies, and you are completely out of touch with your members.

    No, I would not recommend this company to a friend

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    21st Century is still a few years away

    Financial Analyst (Former Employee)
    Vancouver, BC (Canada)

    ProsRelaxing environment, relatively friendly to newcomers. Very happy with work-life balance being tilted towards the having a life side of things.

    ConsThere is far too many "contractors" who just aren't into the whole Vancity ethos and have been there too long to actually add real value.
    As a bank for the people, they are really not at the leading edge (or ANYWHERE near) the front half of innovation. In terms of learning about finance or banking, I'd suggest going elsewhere, if you want safe, dependable then Vancity is your answer.

    Advice to Senior ManagementInnovation isn't a swear word.

    No, I would not recommend this company to a friend

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    Good place to gain experience.

    Anonymous Employee (Former Employee)
    Vancouver, BC (Canada)

    Pros- Good Culture
    - Positions are multi-faceted providing strong experience
    - Community driven
    - Innovative hiring practices
    - Strong training

    Cons- Some managers appear to be almost brainwashed encouraging staff to sell products in personal situations
    - A lot of internal competition to drive sales targets can sometimes devalue customer service
    -A lot of cliques form within branches, managers also contribute

    Yes, I would recommend this company to a friend

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    Good company

    Anonymous Employee (Current Employee)

    ProsExcellent environment, with good values
    Pretty fair

    Consthere is a lot of policies that make the work sometimes difficult to be done

    Advice to Senior ManagementBetter feedback for employees

    Yes, I would recommend this company to a friend

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    Great company until you get stuck under a crappy manager

    Anonymous Employee (Current Employee)
    Vancouver, BC (Canada)

    ProsGood culture (for the most part). Year-end bonus/profit sharing incentives. Great health benefit plan. Lots of vacation with lots of sick days, sick days for your kids, sick days for your parents, grief days for death in a family.

    ConsSome managers are extremely clueless and try very hard to appear intelligent by using big corporate words, blaming other departments or holding endless meetings that doesn't amount to anything.

    Depending on the department it is also very clique-y. If you're not in their clique it's very hard to get into it without brown nosing your way through, or pretend you're interested in conversations you have zero interest in having that's completely non job related.

    Advice to Senior ManagementListen to your employees; own up to your mistakes; don't pretend you understand something when you don't. Not everyone knows everything, it's OK to not know. To give BS answers is worse than no answer at all.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Dynamic work environment

    Project Manager (Former Employee)
    Vancouver, BC (Canada)

    ProsWhile I was working for Vancity, I found that the work environment is dynamic and has friendly atmosphere.

    ConsDepartments tend to work in silo; so that there are many redundant assignments that could already be delivered by other department.

    Yes, I would recommend this company to a friend

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    a great learning experience, very rewarding!

    Financial Service Representative (Former Employee)
    Richmond, BC (Canada)

    Prosgreat place to work, manager was helpful in coaching and helping me achieve my career goals

    Consit's a credit union so you're limited to opportunities in the GVA only

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    Good people.

    Account Manager (Current Employee)
    Vancouver, BC (Canada)

    ProsGood people
    Decent wage
    Stable and consistent
    Great values and ethics
    Good benefits

    ConsLack of challenges and opportunities to learn
    Lack of ambitious employees
    Lack of innovation
    No bonus and incentives to develop innovation and to think outside the box

    Advice to Senior ManagementOffer more bonus incentives to keep talented workers
    Offer better training and opportunities for growth

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Vancity reviews and ratings — including employee satisfaction and approval rating for Vancity CEO Tamara Vrooman. All 28 reviews posted anonymously by Vancity employees.