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
3.0
Jun 1, 2023
Recommend
CEO approval
Business Outlook

Pros

Good people, good work/life balance, and good time-off policies.

Cons

Culture has deteriorated since CIBC took over. So many new disparate systems and processes have been put in place with little forethought or training. Getting anything done is an uphill battle. Employees are treated as budget items instead of contributors. Lack of career progression opportunities.

1.0
Oct 29, 2021

Toxic environment

Recommend
CEO approval
Business Outlook

Pros

Slightly higher pay than TD

Cons

Toxic environment, high pressure for sales , and most confusing bonus structure that you won’t even know how get it end of year. Senior advisors will dump their mortgage clients on their book , which they already got paid for it , on new advisors book, so when mortgage get paid off of transfer to another banks it comes of from your book and net sales. For example, if you bring $ 5 million new business into your book and $ 10 million mortgages get paid off or transfer out from your book, you are net sales is minus $5million ! And you have to bring another $million to just bring your net sales to $0 lol Funny thing is most of those senior advisors never seen and spoke to clients before , they just got paid for it!!

Viewing 19 - 21 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.