3.0
Dec 30, 2008
Former employee
Toronto, ON
Recommend
CEO approval
Business Outlook
Pros
Work hours are good when it comes to non-support related jobs. As with any large business there are different areas that have different atmosphere - some stale and some very dynamic. As for the big picture CIBC is a typical large (by Canadian standards) bank, nothing special.
Cons
Work has little or no financial recognition for extra effort. As long as person falls into job matrix he/she will be compensated exactly in that range with very little variations, individual contribution has the tiniest impact on the compensation. Work environment is very conservative even for a bank. Change management in the last years took the throne and crippled innovation to the point that business products became non-competitive.