Canada Mortgage and Housing Corporation (CMHC) "work life balance" Reviews | Glassdoor

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Canada Mortgage and Housing Corporation (CMHC) Employee Reviews about "work life balance"

Updated Nov 22, 2019

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2.9
50%
Recommend to a Friend
51%
Approve of CEO
Canada Mortgage and Housing Corporation (CMHC) CEO Evan Siddall
Evan Siddall
88 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 13 reviews)

Cons
  • "CMHC says it learns from its mistake but rarely will HR communicate the process to amend decisions that impacted employees(in 14 reviews)

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

More Pros and Cons

Reviews about "work life balance"

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  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. Helpful (1)

    "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Analyst in Toronto, 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

    Solid compensation and benefits. Good work life balance. Great opportunities to move around.

    Cons

    WFH model is not for everyone.

    Canada Mortgage and Housing Corporation (CMHC)2019-11-22
  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. "Okay place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Administrative Assistant (Summer Student) 
    Neutral Outlook
    No opinion of CEO

    I worked at Canada Mortgage and Housing Corporation (CMHC) for less than a year

    Pros

    -Very good work-life balance - Work culture was friendly, focus on on inclusion & diversity

    Cons

    - Very slow paced, at least in the admin department - Manager very rarely communicated to me.

    Canada Mortgage and Housing Corporation (CMHC)2019-05-08
  5. Helpful (23)

    "The blind leading the blind"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Systems Specialist in Ottawa, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Total Compensation - You'll be hard pressed to find better base salaries, bonus pay & benefits in the private or public sector, which is the main thing holding a lot of disgruntled, tired and stressed out employees in place. Flexibility - As dysfunctional as it may soon become, the ROWE(tm) philosophy provides near-unlimited freedom to come and go. Career opportunity - If you are not one to count your... hours, have lots of personal time to devote to your career and play a strong dog-eat-dog corporate game, you have excellent odds of moving up the ladder fast. Noble mission statement & objective - One can get a sense of making a difference or some form of contribution for the benefit of all Canadians.

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    Cons

    - Perpetual state of change - Change is good. Change is needed. But never-ending change is unhealthy even for those who embrace change. There is no time to let anything sink in, let alone fully complete one wave of change before the next one comes, and then the next one, and then the next one. Examples include CMHC in motion (aka com-motion, or de-motion, or motion sickness); Technology and Business Transformation;... Career Framework; reorganization #1, 2, 3, 4, ROWE(tm). When working on TBT projects, employees and consultants openly compare the process to "learning to fly a plane as we are building it", which says a lot. Employees are provided a mental health help line and increased psychotherapy coverage, but it would be interesting to know the (seemingly increasing) number of employees who went on short term disability due to stress and how much cost (to the business and insurance company) that translates to. While the newly branded "Career Framework" drove most employee's salary down, somehow the Executive Committee members saw their salary (and corresponding bonus scheme) go way up. - Top heavy hierarchy - Employees are encouraged to contribute their ideas and provide feedback to their immediate supervisor, but communications are stifled and pushed from the top-down. Messaging is carefully controlled. VPs praise anything the President says or does (otherwise they risk getting axed) and Directors in turn praise their VP. From an employee perspective, providing ideas and constructive feedback to your supervisor or through the platform-of-the-day seems to go absolutely nowhere. Employees are either afraid to speak up or critique any decision, or their comments are heard but not listened to. Employees were given a list of corporate values and told to "have fun everyday" and "ask why", except when you start questioning too much then clearly you are not walking in line with the corporate values. - Buzzwords - when overused, or use inappropriately, many words can start to lose meaning. For instance: > "Transparency" is what middle and upper management claim once they have completed a transformation process behind closed doors and provide employees with an update. > "Resilient" is a word used to describe how CMHC employees and how they adapt to change; children who grow up in dysfunctional/abusive households also become resilient but it doesn't mean it's a good thing. > "Priority" is supposed to help organize important tasks or projects, except that can change entirely based on who you spoke with yesterday, and who you speak to tomorrow. > "Accountability" is what you are responsible for delivering. It keeps on getting pushed down onto employees, especially now that ROWE(tm) doesn't care how or when you work, and Managers are now "Performance Coaches". The organization has never been able to clearly identify/define deliverables/timelines, which are now the standard against which to measure performance. > "Innovation" is what everybody is told they want to be doing, but no one knows what it is or how to do it. > "Leadership" is what senior management extols when in reality their behaviour is more lemming like. - Quarterly pulse-check surveys - The pseudo-anonymous feedback mechanism through which employees can share their own views on level of morale and opinion on the pace of change. The percentage based measuring scale not only makes little sense to respondents, but the results are interpreted by senior management in the most obscure, self-serving way, looking at percent change since the last survey as opposed to paying attention to the overall low/negative ratings. - Sacrificing quality - When your workload keeps on increasing or you become spread too thin, and the environment keeps on changing, you are literally asked to provide "quick and dirty" deliverables. - Work-life integration - Work-life balance with clear boundaries where work stops and personal life begins is a notion of the past; ROWE(tm) brings about seamless work-life integration where you have all the freedom to make work an active part of your personal life, 24/7, no more boundaries. I had the misfortune of starting employment with CMHC at the same time as the [then] new President. I had heard great things and had great hopes for my career within this organization. Except he has been on a mission to *RADICALLY* transform the corporation for the last 5 years. When his extended term ends in a few years, his balance sheet will probably look incredible and I imagine he will be rewarded with a significant bonus for his outstanding contribution. He will unfortunately be leaving behind a shell-shocked organization with diminished resources and ability to deliver any sort of coherent or quality results. The drastic cuts to many overhead expenses (e.g. outsoucing IT, compressing 1.7 employee per desk, inviting numerous veteran employees to retire with changes to pension plan, the Career Framework, etc.) look like a textbook example of striping something down to its bare bones with intent of selling it for spare parts (for privatization maybe?). Appointed under the previous government, it is simply astounding to see this continue with zero scrutiny from the current government. It is also surprising no one has started a union movement, although that requires serious commitment and can easily lead to termination; or maybe someone has and they were silenced. This has truly become one of this country's best/worst Clown-Corporation.

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    Advice to Management

    Management needs to grow a back bone and start pushing back, say enough is enough or face a continued talent drain. HR should (but likely wont) side with employees for a change and stop accepting the ongoing revolving-door staff turnover.

    Canada Mortgage and Housing Corporation (CMHC)2019-04-12
  6. Helpful (25)

    "Used to be a great place to work"

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

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

    Pros

    Free parking, subject matter is interesting, work is challenging and corporate vision is inspiring.

    Cons

    Pension benefits were reduced previously. Now, new compensation structure and categorization of roles into fewer, wider pay bands (with lower starting salary figures) has the ultimate effect of limiting salary earning potential in future years. As a result of the new compensation structure, professionals with technical expertise are underpaid compared to market peers. Despite this, work/life balance has disappeared... - due to employee turnover and constant understaffing for the department workload. For such a profitable company, they do not seem to be valuing staff from the recent cost-cutting measures taken.

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    Canada Mortgage and Housing Corporation (CMHC)2018-04-12
  7. Helpful (2)

    "Amazing place to work!"

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

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

    Pros

    Great compensation structure including peer appreciation program. New career framework makes it easier to plan professional growth through the company. Innovative culture and focus on cultural diversity + inclusion, make this a very satisfying place to work. Pulse surveys ensure that we have a voice to affect change. Management has open door policies and is effective in going to bat for their team members. I... see some of the negative comments and I’m shocked that we work at the same place! Having spent most of my career in the private sector, I have no complaints with CMHC.

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    Cons

    Outdated technology - although it is being updated. Work life balance is not the same for everyone. Unbalanced workloads - some have too much to do and some get away with just showing up.

    Advice to Management

    Let’s all keep up the positive momentum!

    Canada Mortgage and Housing Corporation (CMHC)2018-02-28
  8. Helpful (14)

    "Neverending change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Analyst in Ottawa, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    - Great people to work with - colleagues are genuinely friendly and supportive - Good benefits - Decent work/life balance

    Cons

    - Constant change to all aspects of the organization with no end in sight (re-organizations that move employees around the company and lay-offs, especially of senior management, seem to take place quarterly) - Current change of culture towards less bureaucracy and increased autonomy for employees is extremely slow and has not been adopted by all team leaders/senior management which leads to frustration amongst... employees - IT is currently being upgraded to bring the corporation into the 2000s but this just adds to the list of changes and pressure on employees to take on more during other major changes - There is a current trend to hire external candidates to fill vacancies leaving internal candidates stuck in their current positions with no ability to move upwards or laterally

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    Advice to Management

    Senior management wants to become a high-performing organization but still needs to find better ways to encourage Directors to delegate decisions to the appropriate level so that employees have the ability to be challenged and enhance their skills. Achieving a good performance rating is based on quality work throughout the year, but without any opportunities prove yourself, it's impossible to achieve. Gaining... practical experiences in order to move up in the corporation also appears to be extremely important. As an internal candidate for positions, I have personally been rejected based on lack of experience because the external candidates were "already doing the job outside the Corporation". This mentality of only hiring external candidates doesn't seem to encourage loyalty with current employees, value current employees knowledge of CMHC, or show CMHC as a place that wants to retain current employees throughout their career.

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    Canada Mortgage and Housing Corporation (CMHC)2017-06-05
  9. "A good place to work"

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

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

    Pros

    great compensation and benefits, great work/life balance, great culture, great people

    Cons

    too much change, feels like the employee value proposition is slowly being erroded

    Advice to Management

    if you want people to continue to go the extra mile, stop taking things away from them

    Canada Mortgage and Housing Corporation (CMHC)2017-05-03
  10. "Great Organization in flux"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Market Analyst in Calgary, AB
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    CMHC is a crown corporation that is retooling itself for the future. This includes increasing the tools available, increasing the freedom employees have to pursue their own projects, and providing growth opportunities to its employees. I have been given many opportunities to step up and provide analysis above and beyond my job duties. Good work is well rewarded here. This change has been well received in the... Market Analysis Center. Employees are empowered to do their own research and put it to print with the new Housing Market Insight reports. Even new employees are encouraged to explore and analyze markets in new ways. Analysts are given room to roam and grow, but are not set up to fail. While this change is occurring, CMHC is maintaining elements of its work culture that make it a great place to work, including respect for work-life balance. Employees are encouraged to use family days and sick days if needed. Compensation is very good when compared to other government roles for Economists. Opportunities to advance through the organization are frequently available, and management is supportive of employees looking to move up in the organization.

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    Cons

    CMHC can be very conservative in the risks it is willing to take. Analysts must be very measured in the wording they choose when presenting to the public. However, CMHC has been getting better in this regard.

    Advice to Management

    Keep on the current track, CMHC is heading in the right direction. Changes at work such as embracing new technology and automation and retiring redundant reports and norms are making CMHC an even better place to work.

    Canada Mortgage and Housing Corporation (CMHC)2017-01-25
Found 18 reviews