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 decreased by 1% over the last 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?

Financial Services Representative (515) , Customer Service Representative (513) , Financial Advisor (274) , Financial Service Representative (FSR) (262) , Customer Service Representative (CSR) (252) , Analyst (206) , Business Analyst (188) , Senior Manager (187) , Director (171) , Consultant (169) , 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?

"Benefits are good and help financially" ((in 874 reviews)); "Culture is great and friendly" ((in 571 reviews)); "relaxed and good work life balance" ((in 547 reviews)); "The people are great and easy to work with" ((in 519 reviews)); "Digital team is great and nice to work with" ((in 306 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 570 reviews)); "Low salary based on market Lack of process and procedure" ((in 431 reviews)); "poor management and sometimes difficult to work" ((in 375 reviews)); "Long hours and they only pay for 10.5 hours of overtime and you will end up working for free." ((in 140 reviews)); "Compensation is low and bonuses are not attractive" ((in 88 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

3.9

78% would recommend to a friend

(9,975 total reviews)

Harry Culham

82% approve of CEO

74% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

CIBC has an employee rating of 3.9 out of 5 stars, based on 9,975 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

Jun 13, 2008

Good potential, mediocre performance

Analyst iv

Recommend

CEO approval

Business Outlook

Pros

Location, High turn over in certain departments allows for career advancement

Cons

Lack of communication of objectives. Feedback is somewhat lacking. Extreme Bureaucracy

2.0

Jun 13, 2008

CIBC is merely a stepping stone to greater opportunities.

personal banker/finanacial services representative ii

Recommend

CEO approval

Business Outlook

Pros

Great benefits package, free banking, employee share purchase plan, job opportunities across Canada, 3 weeks vacation

Cons

Incompetent management, lack of respect for employees, lack of coaching for professional growth, advancement usually based on branch needs/politics rather than skills of individuals, bonuses are very low $1200-$1700 on a $36k salary (compared to jobs of equal responsibilities at other companies), complaints are not taken seriously, many individuals employed at cibc have been employees for 20 years+ in the same position and are not happy with their jobs - it is apparent and makes it a negative atmosphere to work in.

1.0

Jun 12, 2008

Haven't died yet but want to visit hell?

Senior project manager

Recommend

CEO approval

Business Outlook

Pros

None. An organization which is a complete dinosaur where the right hand does not even know there is a left hand, much less a right wrist attached to the aforementioned hand. Too many people who just are doing 'something" without understanding the goals, visions, or direction of the company or their department.

Cons

See best reasons to work for CIBC above. Most people are pigeoned holed to do something without understanding for whom or why. Feedback is poor and never mention anything in a negative way about anybody else otherwise you will be ostracized. Just keep you head down and repeat after me "yes sir". Even if you are the coffee guy and they they asked you for the project plan on something else.

Viewing 9973 - 9975 of 9,975 Reviews

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Good potential, mediocre performance

CIBC is merely a stepping stone to greater opportunities.

Haven't died yet but want to visit hell?

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