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
3.0
Mar 14, 2016
Recommend
CEO approval
Business Outlook

Pros

This job comes with good job security. Good place to start a career in the finance industry. There are opportunities to move up.

Cons

The computer systems are a complete mess and are very difficult to use. The micro management from the managers and above makes it tough to enjoy the role.

1.0
Mar 8, 2016
Recommend
CEO approval
Business Outlook

Pros

Free chequing account. That's it.

Cons

Everything other than free account.

3.0
Feb 15, 2016

Financial Service Rep

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Reliable income, meet different people. Learn various lending tools and interest generating vehicles. Good entry level into the financial world. Brand recognition.

Cons

Unrealistic sales goals, tenured employees with established client base have same targets as new empployees. Employees not promoted or recognized based on excellent customer service recognition is based on managed money who can sell more. Sketchy management encouraging employees to put clients in the wrong type of investment to help branch with revenue. Pay is the lowest out of all retail banks. Prospective calls to clients have already been harassed by telephone banking and do not want to have a conversation. The laying off of employees who service clients creating advisors to do sales and servicing., Charging full service fees for clients but telling them to do everything online or via mobile. Financial Service Representatitves are expected to attract clients for mortgages but are not allowed to even give competitive rates because that decreases revenue. Unesecured lending is almost impossiblly unattractive for new clients because rates are ridiculously high since they have no products with CIBC to begin with.

Viewing 274 - 276 of 9,976 Reviews

Glassdoor has 11,845 CIBC reviews submitted anonymously by CIBC employees. Read employee reviews and ratings on Glassdoor to decide if CIBC is right for you.