CIBC reviews

4.0

78% would recommend to a friend

(9,948 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 9,948 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
Jul 20, 2009
Recommend
CEO approval
Business Outlook

Pros

Branch management is generally fair, respectful, and accommodating. Colleagues usually fun to work with. Bank hours. Sales staff don't seem to be pressured to work overtime.

Cons

Bank has refocused it's sales staff on chequing accounts, Visa cards, and lines of credit. No incentive left to spend time talking about savings and investments. Pay is inferior to competitors; staff rate on products is average. Won't spell out what guarantees you a promotion. This is a challenging environment for intellectuals as there are no real intellectual challenges at the branches and only strong sales people move ahead - often without having any post-secondary education. Often takes 5+ years to get into Financial Advisor position. The systems or very old (80s), cumbersome, and full of glitches, it is an ongoing source of frustration and calls to the help desk. It's a shame that in this age of terabyte hard drives, reps often don't have access to account activity from even a day earlier. The main support line can also be challenging as they usually just send you links that often take 1/2 hour to read for yourself instead of guiding you through the process.

4.0
Jul 15, 2009
Recommend
CEO approval
Business Outlook

Pros

Great management that is very flexible with ensuring you perform your duties at a comfortable level. CIBC is a very great organization to work for that is very supportive of community involvement efforts and is very supportive of personal growth goals as well as professional growth goals.

Cons

Some of the downsides of working for CIBC is that it is a large organization that requires compliance measures be put in place so that any risks undertaken by employees are hedged. There is very little flexibility in terms of flexibility in my job in terms of performing customer service measures.

5.0
Jul 1, 2009
Recommend
CEO approval
Business Outlook

Pros

employee events outside of work are fun and relaxing some great leaders working there in my district anyways good management staff

Cons

trainging for higher positions not very well established pay for fsr position not as high as other banks not all branches have good management

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Glassdoor has 11,815 CIBC reviews submitted anonymously by CIBC employees. Read employee reviews and ratings on Glassdoor to decide if CIBC is right for you.