CIBC reviews

- Coercive power culture in which incompetent leaders demand that you meet unreasonable deadlines with limited resources and threaten your compensation, bonus, and benefits if you don't work overtime to deliver. - Leaders never take accountability for their own failures. An SVP in technology silently conducted a layoff (WARN wasn't reported to State of Illinois) to scapegoat individuals for Enterprise issues that originated from the department the same leader was the SVP over for the prior five years. - Zero strategy or direction from the top down. The CEO, Victor Dodig, stepped into his position in September 2014 with the stock trading at ~$45 /share. Ten years later it is trading at ~$48.50 /share, it's way past due for heads to roll! - Leaders acknowledge their is a lack of resources and encourage everyone to pull together and "figure it out", but instead the quality employees figure their way out to better jobs at better organizations. - New hires are often allowed to work fulltime remote; however, if an existing employee requests to transition from hybrid to remote due to life changes, it is an uphill battle that is NOT supported, despite peers being hired with that privilege and provided with higher pay. - HR is oblivious to their own rules and only gets involved if a VP requests their involvement. They've routinely cost employees money with their complete lack of knowledge of internal policies and legal requirements. - Every team is riddled with regulatory findings due to the aforementioned poor leadership, and everything is urgent; however, due to the lack of a comprehensive strategy, the left hand never knows what the right hand is doing and the company continues to spiral out of control and unable to sustain any further growth. - If you're a woman or a person of color, stay away because the executives are a perfect example of an old fashioned boys club.

Where do I start...no culture. You have old Private Bank people that stick together and everyone else, post acquisition that feel aimless. Really poor moral and cooperation. Senior management communication and involvement pretty non-existent. Terrible technology and systems. Low salary for people that work hard and have great experience but don't fall into the favored category, for which I have yet to figure out how to get there. Blinders may help. Pay way under market. Company is just on auto-pilot and not in a good way. They just don't seem to have a clue as to what they are doing. All post acquisition people I talk to are not happy campers and management acts like they should be so happy and feel lucky to work there for reasons unknown. If I were to guess, if the job market stays strong, you will start to see a lot more of talented people that were hired in the last several years leave as this is not at all what was sold.