Canada Mortgage and Housing Corporation (CMHC) Reviews | Glassdoor

Canada Mortgage and Housing Corporation (CMHC) Reviews

Updated Aug 25, 2019

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2.9
StarStarStarStarStar
Rating TrendsRating Trends
49%
Recommend to a Friend
53%
Approve of CEO
Canada Mortgage and Housing Corporation (CMHC) CEO Evan Siddall
Evan Siddall
77 Ratings
Pros
  • "The new results oriented work environment means you can work from anywhere (home, another city etc(in 15 reviews)

  • "Interesting work, great work-life balance, awesome colleagues(in 12 reviews)

Cons
  • "Recently took away some pension benefits(in 13 reviews)

  • "gt; "Leadership" is what senior management extols when in reality their behaviour is more lemming like(in 12 reviews)

More Pros and Cons
  1. Helpful (7)

    "Excellent second home."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Neutral Outlook

    I have been working at Canada Mortgage and Housing Corporation (CMHC)

    Pros

    Management is great. The organization for the most part is very flexible and understanding. They try to support work life balance.

    Cons

    Depending on your department - there may be many weeks and months of extreme overtime involved.

    Advice to Management

    Compensation at CMHC is less than market value. Many staff members have professional designations that are required for their positions however these staff members could earn significantly more elsewhere.

    Canada Mortgage and Housing Corporation (CMHC)2014-06-01
  2. "Love ROWE"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for more than a year

    Pros

    Love Results only work environment approach

    Cons

    Too far fir me to travel but ROWE makes it easier

    Advice to Management

    None

    Canada Mortgage and Housing Corporation (CMHC)2019-08-25
  3. Helpful (2)

    "Great company to work at"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Analyst in Ottawa, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for more than a year

    Pros

    Interesting work, great work-life balance, awesome colleagues.

    Cons

    Nothing really comes to mind.

    Canada Mortgage and Housing Corporation (CMHC)2019-07-12
  4. Helpful (1)

    "Great, fast paced, making a difference"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Specialist 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for more than 8 years

    Pros

    Ultimate flexibility through trust in employees and goal driven performance measures. Ambitious president who has set clear objectives for the betterment of housing affordability for all Canadians. Get to make a positive impact on a daily basis.

    Cons

    Pace of change will be difficult for some. Compensation is not as good as it used to be be. French is essential if you want to move up in the organization ( language training is available).

    Canada Mortgage and Housing Corporation (CMHC)2019-07-04
  5. Helpful (7)

    "Hard to get any work done because of constant restructuring, over-management, tech transformations, no admin support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Ottawa, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Canada Mortgage and Housing Corporation (CMHC) full-time for more than 5 years

    Pros

    Flexibility in work schedule , good expertise among specialists , team rapport

    Cons

    Managers and directors lack technical expertise in many sectors Other than through internal news, blogs and social media, the presence of CEO and senior management in decision making and building a real work environment/culture is not felt by employees Recruiting, hiring and termination decisions are made arbitrarily. With respect to EOI process for promoting internally, rules were made as you go In spite of... celebrating diversity, there is still a lot of bias in treatment of employees and new hires

    Show More

    Advice to Management

    Continue to flatten structure by engaging individual contributors and advisors and increase transparency in corporate practices Continue to move towards a model of coaching and people leaders and away from bureaucratic structures

    Canada Mortgage and Housing Corporation (CMHC)2019-07-30
  6. Helpful (5)

    "Excellent compensation package, pleasant people but too much change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Specialist in Ottawa, ON
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for more than 5 years

    Pros

    Compensation package is the primary factor that keeps people - many are overpaid for what they do and are worth in the market (even after our salary ranges have been downgraded recently). Most people are nice to deal with - nobody will tell you in face your idea is stupid like in private sector. The new results oriented work environment means you can work from anywhere (home, another city etc.) so you are free to... manage your schedule as you wish (log off at 11 am, go shopping and come back in the evening), as long as you can “deliver results”.

    Show More

    Cons

    Too much change and organizational realignments - every 8 weeks I have a new manager. And when time comes for annual performance review and bonuses, nobody knows what I did during the year. Nobody has an assigned office anymore - space needs to be reserved in advance - so most people work from home permanently (social isolation). Too many leaders that lack the technical skill to lead their teams because of the... idea from the top management that leaders do not need to be technical. As a result, many technical projects suffer.

    Show More

    Advice to Management

    Please stabilize the pace of change - when every 4-8 weeks there is a new manager (often lacking technical skills), it becomes a continuous training where analysts have to train their new managers. And there is no time left for actual work. Please reconsider the unassigned work station model (it is extremely inconvenient to have no office at all). Please consider technical skills when promoting to leadership... positions and be consistent with job postings. If the job requires advanced university degree, professional designations etc.and then it goes to a high school graduate or a former administrative assistant, it damages the organization’s reputation and drives away qualified employees.

    Show More
    Canada Mortgage and Housing Corporation (CMHC)2019-06-19
  7. Helpful (4)

    "approach with caution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - What Ever They Decide IT to BE 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Canada Mortgage and Housing Corporation (CMHC) full-time

    Pros

    Flexibility and trust towards employees.

    Cons

    Absurd amount of changes at a rapid and discombobulated rate. Changes ranged from new software, to new physical working spaces and habits, constant change in roles and strategy. With the restructure, employees were given an opportunity to express interest in available roles, but for some their choices were not met thus resulting in high performing employees begin stuck in roles they aren't qualified for. In some... cases, promotions and assignments were revoked for no other reason than to reorg. Displacement of high performing employees sends an ominous vibe. Anxiety is a common them in that workplace, along with a lack of security, training, and support. ROWE is great, but when expectations are not clear and training is not available, the results are hard to meet and thus elevating the levels of stress and anxiety. They preach mental health wellness, but have yet seen them walk their talk.

    Show More

    Advice to Management

    really listen to your employees

    Canada Mortgage and Housing Corporation (CMHC)2019-07-16
  8. Helpful (6)

    "Unfair labor practices"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for less than a year

    Pros

    Good work approach/ idea (ROWE)

    Cons

    Company not unionized. Leaders and HR biased. Workload higher than salary. Competent employees managed by arbitrary decision makers.

    Advice to Management

    Put ROWE's theory into practice. Unionize the company to protect employees from poor management.

    Canada Mortgage and Housing Corporation (CMHC)2019-06-18
  9. Helpful (4)

    "Exciting and challenging, but not always easy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Analyst in Ottawa, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for more than 3 years

    Pros

    As far as i can tell pay is good, amd performance pay is getting better. The company mission is ambitious and the work is meanongful. Some managers are amazing and smart. The company is getting better at self assessing where it needs to improve. ROWE, is really great for self discplined people. Advancement opportunities are real.

    Cons

    Work loads can be excessive, some managers lack empathy. A lot of things are very process driven.

    Advice to Management

    You're getting better at introspection keep it up. I feel the company is headed in the right direction (most days) so don't waiver! Change will be good for us in the long run. Hire more people to address workloads (or we won't hit results)

    Canada Mortgage and Housing Corporation (CMHC)2019-06-01
  10. Helpful (12)

    "Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Specialist in Ottawa, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Canada Mortgage and Housing Corporation (CMHC) full-time for more than 3 years

    Pros

    Important and meaningful work.

    Cons

    Echoing previous remarks. Promotions and some jobs based on personal relations. Mid management very thin in experience and training. Not equipped to delivered and be people leaders. Demotion of competent employees. Staff very easily disposed. No transparency in HR processes. Too many reorgs. Blind managers. Smoozing is rewarded. Real competent people not recognized. Wrong people in wrong positions.

    Advice to Management

    Get the right people in mid-management -- right skill and expertises.. Empowere the right people.

    Canada Mortgage and Housing Corporation (CMHC)2019-05-06
Found 123 reviews