CIBC
3.8 out of 5 stars.
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CIBC Employee Review

I am happy i got out. If you are thinking to quit, just do it. This company doesn't deserve you.

1.0
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
24 November 2020
I had worked with CIBC for close to 6 years. All this time thinking that this was the best place to work and grow. I slowly started realizing just how cheap and unfair this company is. Working at the call center was stressful as it is. So, i moved to the branch a year later. Branch was no good either. With DVP's changing all the time, and new policies coming in place every other month, it was a lot to keep up with. Because of rising expenses, the company decided to kick a lot of people, took control of basic branch expenses, took away the coffee that was being serves to the customers. If a customer came in asking for water, we would have to run to the manager asking for a cup, as they would hide it in their drawers and lock them away. Customer are not people for the big banks they are just numbers. This would be same for all banks just that the intensity of selling things would be different. As sad as it is, people think that working for a bank would be a privilege but in reality it felt nothing less than working as a car salesman to me. We were practically forced to sell sell and re-sell to the same customers if needed. The basic trend is to offer the customer a credit card, once they overuse the card, offer the customer a line of credit. If the customer overuses the line of credit, then offer them a loan. This is a good enough tactic to anchor the customer to that particular bank. Why would you switch banks if you think your bank is doing so much for you.About work ethics and being respected at workplace, dont keep your expectation high. Even if you get a good manager, - more...
Ratings by category
2.0Work/Life Balance
1.0Salary/Benefits
3.0Job security/advancement
1.0Management
3.0Culture
Pros
Benefits, mostly helpful co-workers and reliable support staff over the phone. salary, paid and unpaid vacation
Cons
Unpaid long hours to finish outstanding work, worst management, car salesman like feel, lack of freedom and creativity and many more already mentioned.
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  1. I am happy i got out. If you are thinking to quit, just do it. This company doesn't deserve you.