Vancity

  www.vancity.com
  www.vancity.com

Vancity Reviews

Updated November 27, 2014
Updated November 27, 2014
32 Reviews
3.9
32 Reviews
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Tamara Vrooman
21 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Good benefits, perks, and salary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)

    I worked at Vancity full-time

    Pros

    Flexible work schedule and friendly work environment within department. Good company to work for but it also depends on your manager. Good if you have a good manager support but crappy if he/she doesn't give a crap of you. There are annual staff events that brings the entire Vancity organization together.

    Cons

    Limited support from other departments and low morale. I've seen many people were let go by this organization thus created a low morale in the department. Everyone is afraid that they will be next person to be let go.

    Advice to ManagementAdvice

    Pay attention to front line staff. Sometimes the FSR are busy as hell and the line is super long. Management should help out FSRs if the line is long so the members won't be unhappy. The TV screens can only keep the member occupied for a limited number of minutes.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Great company until you get stuck under a crappy manager

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

    I have been working at Vancity full-time (more than 5 years)

    Pros

    Good 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.

    Cons

    Some 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 ManagementAdvice

    Listen 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.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Vancity is a terrible company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice-President in Vancouver, BC (Canada)
    Current Employee - Vice-President in Vancouver, BC (Canada)

    I have been working at Vancity full-time (more than 8 years)

    Pros

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

    Cons

    Politics. Crappy CEO. Dumb decisions.

    Advice to ManagementAdvice

    Time for a major change in the management suite.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Financial Services Representative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Service Representative in Vancouver, BC (Canada)
    Current Employee - Financial Service Representative in Vancouver, BC (Canada)

    I have been working at Vancity part-time (more than 3 years)

    Pros

    Vancity is a great company to work for and have an awesome work culture. They pay a wage on the higher end than most companies in the same field. They do a lot of community involvement and volunteering.

    Cons

    There is very little room for advancement as most employees never leave, and few positions that open up with a lot of people who apply. Job shadowing or training in a different position may be harder and depends on the branch whether they have the money or time to allow that.

    Advice to ManagementAdvice

    Do not focus solely on the numbers/sales that your employee does, but also look at developing their potential and giving them a chance based on their overall performance.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Good place to work, inefficient top management

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

    I have been working at Vancity full-time (more than 10 years)

    Pros

    - employee benefits are outstanding; positive atmosphere to work in most branches (head office is a lot more political).
    - pretty good career opportunities if you work hard and communicate your goals well - lots of tellers move on to being mutual fund advisors and even stock advisers, or move onto lower branch management and from there can continue to climb the ladder.
    - people are a lot of fun to work with and mgmt know how to incorporate play at the workplace
    - people support each other for the most part, work together as a team

    Cons

    - long-term goals of the organization seem to change and aren't communicated very well despite Executives' efforts
    - underlying information systems sometimes a result of political decision-making versus lasting and effective cost/benefit analysis; this results in either complex software that employees avoid to the best of their ability, or slow, incomplete and/or non-integrated databases
    - fairly high sales pressure on everyone from teller up to branch manager, investment advisors and insurance agents

    Advice to ManagementAdvice

    Get it together with your long-term planning and stick with a plan! Share the corporate plan at commencement but also share regular, honest updates on what's working and what's not.
    Be more transparent - people come and go at higher levels of management with no explanations - creates an unstable work environment.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Vancouver, BC (Canada)
    Current Employee - Business Analyst in Vancouver, BC (Canada)

    I have been working at Vancity part-time (more than an year)

    Pros

    Very interested in environment and social development

    Cons

    Some departments work in a silo

    Advice to ManagementAdvice

    Share more knowledge with employees.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    very good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Manager in Burnaby, BC (Canada)
    Former Employee - Account Manager in Burnaby, BC (Canada)

    I worked at Vancity full-time (more than 5 years)

    Pros

    gives back to the community...throws good parties...profit sharing...education reimburse...pay is decent...1 week extra time off every 5th year

    Cons

    not much...it's a good place to work...pays better than other banks I hear...benefits are ok...not as good as government jobs tho

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Amazing Place to Work

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

    I have been working at Vancity full-time (more than an year)

    Pros

    Amazing Benefits including tuition reimbursements plus staff incentives
    Sociable work environment
    Strong commitment to the community

    Cons

    Some departments still work as a silo. Needs more coordination between staff. Is only located in B.C which limits travel

    Advice to ManagementAdvice

    Needs to bring staff member into the loop of whats going on. Department need to become more transparent in their communication

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Great workplace, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Vancouver, BC (Canada)
    Current Employee - Consultant in Vancouver, BC (Canada)

    I have been working at Vancity as a contractor (less than an year)

    Pros

    Focus on community-based values, awesome people, good work experience, educational & career development opportunities

    Cons

    some units work in silos impacting communication and change management

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Great opportunities and benefits.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Service Representative in Squamish, BC (Canada)
    Current Employee - Financial Service Representative in Squamish, BC (Canada)

    I have been working at Vancity full-time (less than an year)

    Pros

    On the job training for new staff

    Cons

    Too many women working in one place!

    Recommends
    Positive Outlook
    Approves of CEO

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