Pros
location - down town Toronto free banking employee share purchase plan free stationary i'm presuming that the benefits plan is comparable to most other fi's?
Cons
-lack of vision from sr management - as in nothing -as opposed to taking small constructive steps in improving processes, technology etc, this bank attempts to change everything at once - with always less than half a concerted effort and always unsuccessfully -communication from upper management is negligible to non-existent -compensation relative to competition is extremely poor -hiring practices are atrocious - not sure how certain individuals are promoted - i'm fairly certain that experience is not taken into account - i cannot name one manager above me that is competent, approachable or even has a real grasp of what is going on on a daily basis - cibc does not encourage growth from within and will quite often stymie competent and productive employees from growing - no investment in training is provided to the staff - archaic technology - at the beginning of 2012 - they literally stated that the bank wishes to be #4 in mortgages. i cannot for the life of me begin to comprehend why any institution in any industry would not strive be the best - as much as the bottom line matters in all industries, this bank ONLY looks at the bottom and has no focus on employee morale, employee growth and development or the fostering of an entrepreneurial environment where individuals are encouraged to provide productive and constructive ideas to better the work environment
