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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
      Jul 22, 2021

      Poor onboarding process

      Managing director
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good salary compared to the market Flexibility in schedule

      Cons

      Competitive environment onboarding process needs to be improved. Employees thrown into their role with tons of reading material and expected to hit the ground running with limited staffing and training.

      2.0
      Dec 17, 2019

      Cheap, Misdirected, Out of Touch

      Capital markets associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Friendly colleagues, close proximity to grand central

      Cons

      Compensation is far below market and benefits are worse than other banks with operations in the US (poor 401k match, expensive insurance, etc..). Base salary is unchanged from 10 years ago and there are no annual increases, even for the top achievers. Bonuses increase, but are still 15 - 20% below market. Work life balance has decreased as the bank tries to grow in the US without hiring additional people, but refuses to compensate anyone for the increase in workload and deal flow. Management refuses to listen to anyone's advice and chooses to keep their heads in the echo chamber that consists of out of touch, old-school Canadian executives. Supposedly CIBC's goal is to grow in the US; however, poor acquisitions and complete neglect for their capital markets business will make that pretty difficult.

      2.0
      Aug 28, 2019

      It's a bank

      Credit associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Not much to like about working at a bank.

      Cons

      Very poor benefits / low PTO

      Viewing 22 - 24 of 9,990 Reviews
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      ReviewsCIBC 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.