CIBC reviews

3.9

78% would recommend to a friend

(9,976 total reviews)
avatar

Harry Culham

82% approve of CEO

74% positive business outlook

CIBC has an employee rating of 3.9 out of 5 stars, based on 9,976 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
Sep 15, 2016
Recommend
CEO approval
Business Outlook

Pros

Benefits, paid vacation and sick days are good. Not much else unfortunately...there's a lot of room for improvement, very fast paced environment !

Cons

Career opportunities are limited unless you're favoured by senior managers or upper management. Not a lot of room to grow due to favouritism, high volume of calls 24/7 and even higher expectations for sales. Schedules are awful, takes 3 + years before you can get a day shift with weekends off even though new hires arrive in bulk every 1-2 months. Turnover is high, people quit or get fired easily due to schedule and quarterly invectives are nearly impossible to obtain.

2.0
Sep 13, 2016

Okay

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

friendly environment, comfortable working environment

Cons

management, workplace politics, micromanagement, labour force like

2.0
Sep 7, 2016
Recommend
CEO approval
Business Outlook

Pros

An extremely healthy company (in terms of profits) with opportunity to grow (sales focused roles) Stable company with plans for the future Free daily banking (must have a CIBC account as an employee) Employee recognition days (lunch often provided) OK benefits

Cons

HR will tell you CIBC fully covers any education required to advance your career within the company during the interview process. I applied and completed my IFC course only to find out that this is not true. The reimbursement is to the Regional and Branch managers discretion. I was a top performing CSR and only received partial reimbursement. Often left short staffed without any assistance on the frontline from management or financial representatives (even though they are available in their offices). Scheduled hours can change at anytime time, for any reason and you are obligated to fulfill those hours. (Evenings and weekends) They have reduced the number of hours in many branches for CSR employees effectively replacing full time positions with part time roles even though CIBC makes substantial increase in profits quarter after quarter, year after year. This is a role that management openly states is being phased out. Management knew a lot about finance, investments and how to push sales but knew very little about people management. You may be given poor or very little advice on how to improve. (As a previous manager with another company I had experience reading score cards, my manager was unsure how to read or present mine, so I showed him/her). You are trained on how to handle a robbery situation and let's just say the procedure does not have the employees best interests in mind. Vacation requests must be given in advance (seniority in the company gives you first choice), December is usually blacked out for all staff. (in reality it only applies to frontline CSR's). Your performance will be heavily measured by your ability to refer clients to Financial Service Representatives (In order to obtain a successful referral, the FSR must obtain a sale from the client)

Viewing 256 - 258 of 9,976 Reviews

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