CIBC reviews

3.9

78% would recommend to a friend

(9,964 total reviews)
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Harry Culham

82% approve of CEO

74% positive business outlook

CIBC has an employee rating of 3.9 out of 5 stars, based on 9,964 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
Feb 2, 2023
Recommend
CEO approval
Business Outlook

Pros

- very friendly environment - you are made to feel welcomed - you will make lots of friends since they put you in teams - feels like you are back in school (in a good way)

Cons

- the job as a DCC is extremely stressful to the point you start to feel sick since so much load on you/ you are treated like a robot - inadequate/ lack of training provided prior to starting the job - everything is just thrown at you and they expect you to know everything - micro monitoring (you are watched everywhere) - you will receive stressful calls and you will not like the fact that there are so many softwares you have to learn to use while speaking on the phone with the customers (trust me, it gets stressful) - pay was definitely not worth it, I feel this department is the hardest and gets the most load after ITR (fraud/card holder services) so we should be paid a lot more since so much mental stress !!!! - not enough room for growth

2.0
Nov 9, 2022
Recommend
CEO approval
Business Outlook

Pros

- Excellent benefits package, especially for dental and vision care. - Great pension plan and employee share purchase plan with employer match - Nice office spaces to work in

Cons

Literally everything else about this job, in every other regard, is a con: - Management is abysmal and not helpful at all; they just want to see those numbers! They are the first to complain/gripe and the last to assist or offer a hand when things get a little intense or you aren't sure about procedure. - Laughable training; you do a development plan which is like 100 courses that basically drill you on how to lend without taking on unnecessary risk, how to sell additional products, and how to talk clients into getting insurance on the products you recommend. Very ethically questionable. - No training whatsoever on investment or mortgage administration or how to properly assist clients with these matters (not even job shadowing for the first day) - Oh, and you must make those cold calls every single day, without question. - Everything - yes, everything - is piled on FSRs; anything from walk-ins to belligerent clients making a scene at the teller line, mortgages, estates, investments, credit applications, frauds and account takeovers, etc., all fall on FSRs, and managers are nowhere to be found if you have questions. Just call the employee hotline for help and wait 15 minutes before you can answer an already impatient client. Also, 15 minutes is on a very good day. - You have a target of 3 appointments a day, so 15 a week, but let's be honest you'll be pushed to the limit and expected to double those numbers or else you get a complimentary earful from the manager that is *suddenly available* to chat about why you fell short of a target that week. - There are like 12 targets to hit by the way: sales solutions, investment plans and regular investment contributions, visa cards (especially, visa cards), cold calls, leads to action in the database, all on top of whatever you walk into each morning that was left for you to deal with. No worries if you've never seen such an issue before, just call that hotline again and let the client chew your head off when you don't know what to do. You're manager will be off fraternizing or doing busywork in case you need help, sorry.

3.0
Oct 6, 2022
Recommend
CEO approval
Business Outlook

Pros

I liked my colleagues. I was not micro-managed. They have a national mentorship program that is valuable if the mentee takes initiative.

Cons

Average pay for above-average intensity of work and expectation to work more than 40 hours a week. You may feel like a cog in a machine rather than a contributing team member. No clear career pathing.

Viewing 154 - 156 of 9,964 Reviews

Glassdoor has 11,833 CIBC reviews submitted anonymously by CIBC employees. Read employee reviews and ratings on Glassdoor to decide if CIBC is right for you.