Canada Mortgage and Housing Corporation (CMHC) - Overall great place to work. | Glassdoor
There are newer employer reviews for Canada Mortgage and Housing Corporation (CMHC)
There are newer employer reviews for Canada Mortgage and Housing Corporation (CMHC)

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Helpful (3)

"Overall great place to work."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Residential Mortgage Underwriter in Montreal, QC (Canada)
Current Employee - Residential Mortgage Underwriter in Montreal, QC (Canada)
Recommends

Pros

Stable job, great pension plan and benefit, competitive compensation for most position. Especially for residential mortgage underwriter. Most manager treats employee well and work condition are generally good. Great employer for work/life balance. When you start, you know right away what your income will be for the next few years, pay scale are very transparent.

Cons

Slow pace, only 3 weeks of vacation for the first 8 years, incentive pay and bonus is very small (4-6%). Promotion are generally within the corporation and often there already a preferred candidate for a posting, yet the whole process is complete. Hiring process is not always as fair as it should be. Communication to employee from Senior management is not efficient.

Advice to Management

Be more open to change. Reward and recognize employee commitment and hard work. Be more generous in your hospitality or dept budget toward your employee.

Other Employee Reviews for Canada Mortgage and Housing Corporation (CMHC)

  1. Helpful (3)

    "Excellent second home."

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

    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.


  2. "Insurance"

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

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

    Pros

    Great leaders, collaboration amongst colleagues, opportunities for growth if you work hard and bring value to the table, don't expect to move up based on seniority, innovation is starting to be a big thing. They even created a platform where employees can share their ideas to improve the work environment. I tell all my friends that it's the best place to work at!

    Cons

    Compensation could be better in terms of bonuses. The banks are more agressive in this regards, but their base salaries tend to be lower.

    Advice to Management

    I was here before CMHC in motion (some call it restructuring in the reviews) and I can say that Evan and his team have done an amazing job at improving CMHC. I fully fit with the new CMHC. Keep up the good work! The culture is great, the values too and the new leadership is fantastic.

There are newer employer reviews for Canada Mortgage and Housing Corporation (CMHC)
There are newer employer reviews for Canada Mortgage and Housing Corporation (CMHC)

See Most Recent

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