High turnover rate, low compensation - Mortgage Advisor CIBC Employee Review

3.0
7 Dec 2013
Recommend
CEO approval
Business outlook

Pros

Strong Branch network, neutral public image,

Cons

Training is basic, Pressure to sell products clients do not need. Branches spend more time fixing problems. Low community involvement, Compensation is reduced year over year, Low corporate culture, Co-workers offer little support, Will hire anyone w/no banking background, Poor hr support, Outdated technology,

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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