Does CIBC pay their employees well?

According to anonymously submitted Glassdoor reviews, CIBC employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at CIBC. This rating has been stable over the past 12 months.

How satisfied are employees working at CIBC?

78% of CIBC employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated CIBC 3.9 out of 5 for work life balance, 4.0 for culture and values and 3.8 for career opportunities.

What are the top reviewed jobs at CIBC?

Customer Service Representative (513) , Financial Services Representative (513) , Financial Advisor (274) , Financial Service Representative (FSR) (261) , Customer Service Representative (CSR) (251) , Analyst (205) , Business Analyst (188) , Senior Manager (187) , Director (171) , Consultant (167) , Financial Service Representative (129) , Senior Consultant (127) , Manager (107) , Financial Services Representative II (105) , Associate (97)

What are the pros of working at CIBC according to real employee reviews?

"Good benefits for staff: free service charges and discounted rates on loans and mortgages." ((in 877 reviews)); "relaxed and good work life balance" ((in 559 reviews)); "People are great and helpful when needed" ((in 508 reviews)); "The team was great and welcoming" ((in 294 reviews)); "Good Work Environment for remote and hybrid" ((in 241 reviews))

What are the cons of working at CIBC according to real employee reviews?

"Pay is low and you're expected to do way more than what your job description entails" ((in 584 reviews)); "salary is low and can't afford the live in vancouver" ((in 431 reviews)); "poor management and sometimes difficult to work" ((in 373 reviews)); "long hours working 7 days a week literally back to back 7 days in a row" ((in 133 reviews)); "Low compensation relative to other big 5 banks" ((in 87 reviews))

What are employees saying about CIBC layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about CIBC layoffs and their outlook for job security at CIBC in 2026.

CIBC reviews

4.0

78% would recommend to a friend

(9,960 total reviews)

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 9,960 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

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

10K reviews

1.0

Mar 20, 2020

Terrible management style and growth

Senior manager

Recommend

CEO approval

Business Outlook

Pros

Same or fewer incentives and benefits.

Cons

Very much total micromanagement by managers who are new to the company who knows little about the company or job Too much politics between departments way too much pressure

2.0

Dec 17, 2019

Cheap, Misdirected, Out of Touch

Capital markets associate

Recommend

CEO approval

Business Outlook

Pros

Friendly colleagues, close proximity to grand central

Cons

Compensation is far below market and benefits are worse than other banks with operations in the US (poor 401k match, expensive insurance, etc..). Base salary is unchanged from 10 years ago and there are no annual increases, even for the top achievers. Bonuses increase, but are still 15 - 20% below market. Work life balance has decreased as the bank tries to grow in the US without hiring additional people, but refuses to compensate anyone for the increase in workload and deal flow. Management refuses to listen to anyone's advice and chooses to keep their heads in the echo chamber that consists of out of touch, old-school Canadian executives. Supposedly CIBC's goal is to grow in the US; however, poor acquisitions and complete neglect for their capital markets business will make that pretty difficult.

3.0

Nov 6, 2019

You cannot progress in Career

Senior consultant

Recommend

CEO approval

Business Outlook

Pros

Good employer along with great benefits

Cons

If you don't know anyone higher up you cannot progress ,does not recognize talent. Mediocre among all the 5 big banks

Viewing 88 - 90 of 9,960 Reviews

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Transaction Management Associate

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CIBC

CIBC reviews

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Ratings by demographic groups

Reviews by job title

Terrible management style and growth

Cheap, Misdirected, Out of Touch

You cannot progress in Career

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