CIBC reviews

4.0

78% would recommend to a friend

(9,947 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 9,947 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
4.0
Mar 10, 2009
Recommend
CEO approval
Business Outlook

Pros

CIBC is one of the leading financial institutions in Canada Working for a large organisation that tries to hire from within, create a diverse work force and offers good benefits to its employees are what CIBC has going for it. CIBC's brand "What Matters to Me" is taken to heart by its Directors who seem to continue to work on their transparency in terms of directing and communicating issues to its workers. They have many different Reward & Recognition programs that are performance based to motivate their employees. Most people that work for the bank enjoy a good work/life balance - either through flexible hours, time off in lieu or other ways. CIBC tries to make a difference in the world - outside of just making a steady profit ... The CIBC Run for the Cure particpation is incredible throughout many communities across Canada. CIBC also supports Miracle Day and the United Way. Overall, CIBC is an employer that invites you to be your best, gives you the tools to do so, but like any company - it is up to the individual employees to create their own path.

Cons

The compensation of many roles at CIBC may not be equal to what you can earn doing the same job for another financial institution.

2.0
Mar 8, 2009
Recommend
CEO approval
Business Outlook

Pros

- great entry level positions for students - doors open to new grads - easy job to aquire - diverse - friendly environment - supportive staff - managers are supportive and helpful in terms of growing within the company if the opportunity arises - very flexible and considerate of personal needs

Cons

- compensation can be better - lots of temporary contract workers that tend to replace CIBC employees - growth within company is very limited - raises rage between 2-3% - work may be repetitive - work environment can be stressful - more information sessions and staff meetings required to ensure all employees are aware of current issues pretaining to work

2.0
Feb 26, 2009
Recommend
CEO approval
Business Outlook

Pros

Great brand, good on resume Rest of world does not know about the internal dysfunction. You may acheive job security if you focus on core functions. Knowledge workers are used on 'projects' but not well re-deployed.

Cons

Lip service is paid to training. The training budgets are a lot less than the website statements imply. Do not assume that you will get the training you need to progress. Often training budgets are expended on management. Some departments, not all, have a revolving door - after growing/downsizing a dept every 18 months for 8 yrs one might find a better solution. There is a permanent HR team to deal with 're-organization' - it is a joke in the industry.

Viewing 9919 - 9921 of 9,947 Reviews

Glassdoor has 11,814 CIBC reviews submitted anonymously by CIBC employees. Read employee reviews and ratings on Glassdoor to decide if CIBC is right for you.