Credit Card Services - Extreme Low pay and no care for employees during Covid 19 crisis - Credit Specialist CIBC Employee Review

2.0
Apr 18, 2020
Recommend
CEO approval
Business Outlook

Pros

This Credit card adjudication job is Union job so there is not much work pressure and the managers do not put much pressure to perform.

Cons

1. The pay is near the minimum wages irrespective of your past experience and since it is under union, the increase per year is 20 cents. Yes, 20 cents!!. We might be better off working for Tim Hortons. 2. During the ongoing Covid crisis, no work from home was provided to our department. 3. No career advancement opportunities and Managers do not help in getting other jobs within CIBC 4. They bank on desperate new immigrants who want a job to atleast sustain in Canada so do not care about employees in terms of pay or job satification.

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5.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Cons

There is no commission anymore.

4.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

good visibility, good work/life balance (got lucky and am in a good team)

Cons

little to no upward momentum. not enough of a structure to support long term employees with competitive market rates.

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