CIBC
3.8 out of 5 stars.
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CIBC Employee Review

Excellent work culture, work life balance

4.0
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
12 July 2020
Best part about working here is work life balance. One gets enough time to work at a task. There is also a lot of freedom given in managing your own work.also you get to do a variety of work. System and processes can be upgraded to current standards.
Ratings by category
5.0Work/Life Balance
4.0Salary/Benefits
4.0Job security/advancement
4.0Management
4.0Culture
Pros
Work life balance
Cons
Outdated process
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Similar reviews
1.0
Job work-life balance
Salary/Benefits
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30 October 2020
Same roleSame location
Consultant (Former Employee) - Toronto, ON
CIBC has poor leadership; they have limited understanding of the needs of their staff and it is not a priority to rectify the deficiency. This makes it difficult to help your employees become self-actualized. A large percentage of the leadership simply lack the EQ to perform this task or even understand it. There are some decent leaders, but not all employees may experience this, as the middling performers tend to be ignored rather than encouraged to improve. The bank prefers fealty (sycophants) over performance. You could work 60 hours a week or 30 hours a week and get the same rating, as employee performance measurement is more about ticking the box, than evaluating the employee or helping them grow. Similarly, the yearly leadership rating system, ESAT is not effective. If you are one of the chosen you could have multiple poor ESAT scores and live to underperform another year. Conversely if you are a good leader, but someone dislikes you, you are likely to be shunned. There is also no screening of new people managers, training courses can only help so much, when you do not offer the compensation to attract good talent. Do not expect HR to help the employee, they are there to do management’s bidding and bury it deep. The quality of the staff is quite disparate, those who have decent skills may get promoted, but it is more likely that they will be under appreciated and leave. This is largely a function of the leadership issues outlined above, but the performance rating also plays a role in this problem. The under performers are paid the same or more as the hard-working talent. - more...
Pros
Working from home
Cons
Poor management
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3.0
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
21 April 2020
Same roleSame location
Consultant (Former Employee) - Toronto, ON
- Fast paced, high turnover, lots of stress - Company was once very good, but culture changed and so did direction - Lots of pressure to perform and constant layoffs
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4.0
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
29 April 2021
Same location
Credit Counselor (Former Employee) - 750 Lawrence Avenue, Toronto ON
The lack of a consistent management as manager was always absent. Staff was left most days in managed. Had to depend on a backup system that was not always available to team.
Pros
Employee recognition
Cons
Stressful environment at times
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  1. Excellent work culture, work life balance