CIBC is merely a stepping stone to greater opportunities. - Personal Banker/Finanacial Services Representative II CIBC Employee Review

2.0
13 June 2008
Recommend
CEO approval
Business outlook

Pros

Great benefits package, free banking, employee share purchase plan, job opportunities across Canada, 3 weeks vacation

Cons

Incompetent management, lack of respect for employees, lack of coaching for professional growth, advancement usually based on branch needs/politics rather than skills of individuals, bonuses are very low $1200-$1700 on a $36k salary (compared to jobs of equal responsibilities at other companies), complaints are not taken seriously, many individuals employed at cibc have been employees for 20 years+ in the same position and are not happy with their jobs - it is apparent and makes it a negative atmosphere to work in.

Explore other reviews about CIBC

5.0
1 June 2026
Recommend
CEO approval
Business outlook

Pros

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Cons

There is no commission anymore.

2.0
7 May 2026
Recommend
CEO approval
Business outlook

Pros

-People were friendly and would do coffee chats/one-on-one lunches. -Other interns were great. -Base compensation as an analyst is on the higher end.

Cons

-Feedback from intern manager only given at the end of a rotation differed greatly from what team members would directly tell me which was confusing. Makes me think people are only nice on the surface. -Team members prioritized some interns over others in terms of work given and time spent. -Teams in the same product group had wildly different work life balance with some working 70+ hours a week and others working close to 40. -Has high turnover overall due to lower compensation at the Director+ level.

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