TD - Good company at first, has gone downhill over the years | Glassdoor
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Helpful (4)

"Good company at first, has gone downhill over the years"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Teller II in Rockville Centre, NY
Former Employee - Teller II in Rockville Centre, NY
Negative Outlook
Approves of CEO

I worked at TD part-time (More than a year)

Pros

Awards ceremony for Employees, fun grand openings, some great people to work with.

Cons

Too many broken promises, raises are awful, company lets customers walk all over employees, they work you to the bone, push sales way too much, technology they use is ancient, too many unnecessary procedures, always work with short staff, unrealistic sales expectations while working with a short staff.

Advice to Management

Stop with the broken promises and treat your employees with respect. Lost many good employees.

Other Employee Reviews for TD

  1. "It was a good place to start."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Torrington, CT
    Former Employee - Bank Teller in Torrington, CT
    Recommends
    Approves of CEO

    I worked at TD part-time (More than a year)

    Pros

    If you enjoy charity work then this is the place to be. TDbank provided me with ample opportunities to participate in non-profit work. My immediate supervisors were very understanding if family issues arose.

    Cons

    Moving up is very difficult, and your superiors may try and hold you back, especially if they feel that you are useful to them where you are. Be prepared to lose much of your sales due to a faulty logging system.

    Advice to Management

    none


  2. Helpful (4)

    "Hostile"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Houston, TX
    Former Employee - Associate in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at TD full-time (More than 3 years)

    Pros

    It's a job

    It's finance oriented

    Texas has no income tax

    Cons

    1. You wont see anything remotely close to I-Banking deals in the Houston office (despite what they advertise)

    2. You'll spend 100+ hour weeks filling in bureaucratic paperwork for AA+ rated entities only to have the credit committee cite Moody's and S&P credit ratings in their final approval or disapproval

    3. You'll report to more than 4 or 5 different people because there is no one at a higher level that is trusted by the Calgary or Toronto offices - this is a problem, because one boss will leave at 4pm every single day and not expect you to stay much later than him, while the next boss down in the hierarchy will expect you to stay most of the night because he feels inferior if he's at home and finished working before his wife

    4. None of what you do will make an impact on a lending decision because the office is carried by syndicate votes and never has enough skin in the game to drive any deal

    5. The people you work with create undo stress and a hostile environment to work in, because they are a) still pretending that they're Investment Bankers and b) live in a culture of paranoia created by the antagonistic relationship the MDs have with each other

    6. You will have to endure meetings where "the blacks" are openly disparaged and if you're there long enough you will see female candidates turned away because of the potential that they'll become pregnant

    7. No one has the fortitude to give you direct feedback on your work. If you've screwed up, you will discover your mistake via office gossip months after the fact

    8. You will not have young coworkers for long. Any associate or analyst there when you're hired is simply waiting for you to be hired so they can transfer to a different office within TD or take a job elsewhere without burning a bridge

    9. There is constant backstabbing and undermining of each other because the 5 men (boys) in the office don't have the courage to confront each other when they feel there's an issue

    10. Expect 0% work-life balance because they've gone through so much turnover at the lower ranks that all of the Directors, MDs and VPs feel that they've been carrying a burdensome load for so long and are entitled to vacation days, while you need to earn yours

    11. I could go on, but if you've interviewed with the folks in this office, have read this and are seriously considering this job still, then I wish you the best of luck and hope you leave there with your sanity

    Advice to Management

    Senior Management has described the Houston office culture and personnel as a "known issue" but has continued to ignore the problem. Simply put someone down there who isn't afraid to enforce basic rules and standards regarding employee treatment and eliminate the hostile work environment. Recently they promoted the exact wrong person in an effort to correct the culture. Such a poor decision, because all of his negative behavior was rewarded with positive reinforcement.

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

See Most Recent

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