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      CIBC

      Engaged Employer

      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

      Ratings by demographic groups

      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
      3.0
      Jan 17, 2009

      Reasonable place to work

      director, human resources
      Recommend
      CEO approval
      Business Outlook

      Pros

      Reasonably interesting work and interaction with people from many departments

      Cons

      Decisions require too many meetings, people and time to be spent making the process very inefficient and not entrepreneurial

      3.0
      Dec 30, 2008

      a typical bank

      Solution architect ii
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work hours are good when it comes to non-support related jobs. As with any large business there are different areas that have different atmosphere - some stale and some very dynamic. As for the big picture CIBC is a typical large (by Canadian standards) bank, nothing special.

      Cons

      Work has little or no financial recognition for extra effort. As long as person falls into job matrix he/she will be compensated exactly in that range with very little variations, individual contribution has the tiniest impact on the compensation. Work environment is very conservative even for a bank. Change management in the last years took the throne and crippled innovation to the point that business products became non-competitive.

      3.0
      Dec 28, 2008

      Middle of the Road

      Audit manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Senior management is learning from their past mistakes. Not as much of a risk-taker as it use to be. My experience so far has been that one is able to get ahead based on their abilities and skills as much as by who they may know. They are taking measures to ensure a better work-life balance, but I believe this is partially motivated (at least at this time) due to the inability to give large raises and bonuses this fiscal year.

      Cons

      It's a bank, but it's pretty average as far as the Canadian banks go. Motivations for performance reviews and performance compensation (i.e. bonuses) can be pretty political.

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      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.