CIBC reviews

4.0

78% would recommend to a friend

(9,961 total reviews)
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Harry Culham

82% approve of CEO

74% positive business outlook

CIBC has an employee rating of 4.0 out of 5 stars, based on 9,961 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CIBC employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

10K reviews
2.0
Oct 9, 2008
Recommend
CEO approval
Business Outlook

Pros

It's easy to get your foot in the door with CIBC, either as teller earning $11/hr and with (depending on management level of lenience) unlimited sick days or from the plethora of administrative or call center roles available (as high as $17/hr with union in some cases). From there on, earn your designations as anyone would in this industry, CSC, CPH, and eventually CFP and you could be doing reasonable well without much progress until 7+ years into the roles.

Cons

Office politics and the way promotions are handled are areas of concern, especially in clusters of Vancouver where non-performing managers are "promoted" laterally without any significant merits (and in some cases have truly atrocious work performance and even attendance issues). It seems like certain senior management clusters worked together years before and have a tendency of hiring from within - repeat this over time and you have a very lax and unrewarding system to look forward to. Add on time consuming personal feedback form that award seniority over actual dollar revenue generation and you have the resulting drop of CIBC from no2. to where it is sitting now

1.0
Jun 12, 2008
Recommend
CEO approval
Business Outlook

Pros

None. An organization which is a complete dinosaur where the right hand does not even know there is a left hand, much less a right wrist attached to the aforementioned hand. Too many people who just are doing 'something" without understanding the goals, visions, or direction of the company or their department.

Cons

See best reasons to work for CIBC above. Most people are pigeoned holed to do something without understanding for whom or why. Feedback is poor and never mention anything in a negative way about anybody else otherwise you will be ostracized. Just keep you head down and repeat after me "yes sir". Even if you are the coffee guy and they they asked you for the project plan on something else.

1.0
Jun 20, 2024
Recommend
CEO approval
Business Outlook

Pros

Only SOME of business sponsors, I emphasize, SOME were very nice and knowledgeable.

Cons

Senior Director of Capital Markets Regulatory Reporting Technology is the biggest issue there. But lets go to details: 1. he has constant abusive behavior in the meetings 2. expectations from teams are not manageable 3. every colleague is out there to stab you 4. there is no sympathy in the team, no matter what happens to you, you are expected to work at 120% capacity 5. very racist team, everyone defends their own race 6. Only looking for people to say yes and they can get away with even not doing it, as long as they say yes

Viewing 73 - 75 of 9,961 Reviews

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