CIBC is a great stepping stone but not where you want to end up. - Senior Manager CIBC Employee Review

2.0
Oct 9, 2008
Recommend
CEO approval
Business Outlook

Pros

It's easy to get your foot in the door with CIBC, either as teller earning $11/hr and with (depending on management level of lenience) unlimited sick days or from the plethora of administrative or call center roles available (as high as $17/hr with union in some cases). From there on, earn your designations as anyone would in this industry, CSC, CPH, and eventually CFP and you could be doing reasonable well without much progress until 7+ years into the roles.

Cons

Office politics and the way promotions are handled are areas of concern, especially in clusters of Vancouver where non-performing managers are "promoted" laterally without any significant merits (and in some cases have truly atrocious work performance and even attendance issues). It seems like certain senior management clusters worked together years before and have a tendency of hiring from within - repeat this over time and you have a very lax and unrewarding system to look forward to. Add on time consuming personal feedback form that award seniority over actual dollar revenue generation and you have the resulting drop of CIBC from no2. to where it is sitting now

Explore other reviews about CIBC

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.

2.0
May 7, 2026
Recommend
CEO approval
Business Outlook

Pros

-People were friendly and would do coffee chats/one-on-one lunches. -Other interns were great. -Base compensation as an analyst is on the higher end.

Cons

-Feedback from intern manager only given at the end of a rotation differed greatly from what team members would directly tell me which was confusing. Makes me think people are only nice on the surface. -Team members prioritized some interns over others in terms of work given and time spent. -Teams in the same product group had wildly different work life balance with some working 70+ hours a week and others working close to 40. -Has high turnover overall due to lower compensation at the Director+ level.

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