TD - TD Bank will lose a lot of good people once the recession ends | Glassdoor
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There are newer employer reviews for TD

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"TD Bank will lose a lot of good people once the recession ends"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Customer Service Representative in New York, NY
Current Employee - Senior Customer Service Representative in New York, NY
Doesn't Recommend
Disapproves of CEO

Pros

A variety of work schedules to choose from, no layoffs during recession at least for CSRs and tellers.

Cons

Low morale among employees due to post integration problems that were not acknowledged and solved fast enough by management. Poor incentive plan for all non-exempt employees. A two-tier hierarchy exists between workers (CSRs, tellers and back office personnel) and management in terms of respect, room for advancement and compensation. Management's perception of how well employees are treated is in stark contrast to employees' perception of how they are treated. The twain shall not meet!

Advice to Management

Hire better managers/leaders, institute recognition plans that employees appreciate not what managers think they will appreciate. Very few people really want to attend the Wow Awards this year. Paying what amounts to a mere $160.00 per quarter before taxes to CSRs for meeting their quotas is NOTHING! That is not a WOW incentive plan! Remember that how you treat your employees is a direct reflection of how you treat your customers who make profits for you.

Other Employee Reviews for TD

  1. "Open all year round is not the best slogan for a bank."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Ridgewood, NY
    Former Employee - Anonymous Employee in Ridgewood, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    There where a few good people working there. I was able to work close to home and go home for lunch so that i didnt have to spend an extra minute enclosed in the work enviroment.

    Cons

    Work like a hourse and get no bank holidays. Managment was dreadful and people did not want to work at this branch.

    Advice to Management

    The people you promote have no idea how to manage. They are unaware of people and consider themselves superior leaders while having many flaws.


  2. "TD Waterhouse - A great place to start and grow your career in brokerage"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker Supervisor
    Current Employee - Broker Supervisor
    Recommends
    Approves of CEO

    Pros

    Ample opportunity for advancement here. This place really cares about its employees and wants them to succeed. A very team-oriented environment with a great deal of cooperation between individuals.

    Cons

    Can be stressful at times when markets are in flux. Some customers will take out their losses on you, personally, so you need to be prepared.

    Advice to Management

    Keep up the good work-giving employes the chance and opportunity to develop fully. TD Waterhouse was a really great place to work when I was there and I hope it remains that way.


There are newer employer reviews for TD
There are newer employer reviews for TD

See Most Recent

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