CIBC reviews

4.0

79% would recommend to a friend

(9,990 total reviews)
avatar

Harry Culham

83% approve of CEO

75% positive business outlook

CIBC has an employee rating of 4.0 out of 5 stars, based on 9,990 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 Financial Services industry (3.7 stars).

Reviews by job title

10K reviews
2.0
Mar 25, 2009
Recommend
CEO approval
Business Outlook

Pros

CIBC is one of the top five banks within Canada. Being a large corporation employing over 40,000 employees, it is indeed one of the employers to look at when entering the job market. It offers opportunities in all areas, functions and in various provinces and cities in Canada. Its employee base is very diverse. it communcates with its employees very well.

Cons

Career progression at CIBC is normally a uphill task. There is lack of strong correlation between promotion and talent or performance indicating that multiple factors beyond your control are in operation. There is reorganization activity happening all the time.

4.0
Mar 10, 2009
Recommend
CEO approval
Business Outlook

Pros

CIBC is one of the leading financial institutions in Canada Working for a large organisation that tries to hire from within, create a diverse work force and offers good benefits to its employees are what CIBC has going for it. CIBC's brand "What Matters to Me" is taken to heart by its Directors who seem to continue to work on their transparency in terms of directing and communicating issues to its workers. They have many different Reward & Recognition programs that are performance based to motivate their employees. Most people that work for the bank enjoy a good work/life balance - either through flexible hours, time off in lieu or other ways. CIBC tries to make a difference in the world - outside of just making a steady profit ... The CIBC Run for the Cure particpation is incredible throughout many communities across Canada. CIBC also supports Miracle Day and the United Way. Overall, CIBC is an employer that invites you to be your best, gives you the tools to do so, but like any company - it is up to the individual employees to create their own path.

Cons

The compensation of many roles at CIBC may not be equal to what you can earn doing the same job for another financial institution.

2.0
Mar 8, 2009
Recommend
CEO approval
Business Outlook

Pros

- great entry level positions for students - doors open to new grads - easy job to aquire - diverse - friendly environment - supportive staff - managers are supportive and helpful in terms of growing within the company if the opportunity arises - very flexible and considerate of personal needs

Cons

- compensation can be better - lots of temporary contract workers that tend to replace CIBC employees - growth within company is very limited - raises rage between 2-3% - work may be repetitive - work environment can be stressful - more information sessions and staff meetings required to ensure all employees are aware of current issues pretaining to work

Viewing 9961 - 9963 of 9,990 Reviews

Glassdoor has 11,865 CIBC reviews submitted anonymously by CIBC employees. Read employee reviews and ratings on Glassdoor to decide if CIBC is right for you.