Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      CIBC

      Engaged Employer

      CIBC reviews

      4.0

      78% would recommend to a friend

      (9,961 total reviews)
      avatar

      Harry Culham

      82% approve of CEO

      74% positive business outlook

      Ratings by category

      4.2

      Diversity & inclusion

      4.0

      Culture & values

      3.9

      Work/Life balance

      3.8

      Career opportunities

      3.7

      Senior management

      3.6

      Compensation and benefits

      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).

      Ratings by demographic groups

      Reviews by job title

      10K reviews
      1.0
      Jan 14, 2022

      Internal processes suck... a lot

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Autonomy Flexible work hours And not a whole lot else that other banks aren't offering

      Cons

      Everything Internal processes are broken and time consuming Technology is terrible and slow Advisors are overworked Expectations are unrealistic (even compared to other banks) Promotions are tenure bases, and not based on merit Variable compensation is gone and base bonuses are 12% of base salary compared to well over 30% (and even 100% for top performers in fiscal 2021) in the past The "Imperial Service Offer" is heavily diluted with non-qualifying clients who burden advisors and detract from providing good service to our best clients CIBC's mortgage business sucked for so long now everyones focus is on mortgages and we have forgotten the other parts of our business

      1.0
      Oct 29, 2021

      Toxic environment

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Slightly higher pay than TD

      Cons

      Toxic environment, high pressure for sales , and most confusing bonus structure that you won’t even know how get it end of year. Senior advisors will dump their mortgage clients on their book , which they already got paid for it , on new advisors book, so when mortgage get paid off of transfer to another banks it comes of from your book and net sales. For example, if you bring $ 5 million new business into your book and $ 10 million mortgages get paid off or transfer out from your book, you are net sales is minus $5million ! And you have to bring another $million to just bring your net sales to $0 lol Funny thing is most of those senior advisors never seen and spoke to clients before , they just got paid for it!!

      Viewing 82 - 84 of 9,961 Reviews
      Related searches: CIBC jobs | CIBC salaries | CIBC benefits | CIBC interviews | CIBC conversations
      ReviewsCIBC reviews

      Glassdoor has 11,829 CIBC reviews submitted anonymously by CIBC employees. Read employee reviews and ratings on Glassdoor to decide if CIBC is right for you.