low wages, no promotions from within - Lending Professional TD Employee Review

2.0
16 Mar 2016
Recommend
CEO approval
Business outlook

Pros

The 401k matching was above average, tuition reimbursement was available (not great but better than nothing), and the company promotes tolerance and acceptance of all people.

Cons

I worked in 3 different departments during the 5+ years I worked at TD. Retail banking - great place to start for young people (look to move on after a year) or for part time mom's who just want to get out of the house, earn a small check - TONS OF PRESSURE TO MAKE SALES.... Loan Processing - absolutely inundated with work, unrealistic expectations from management, negative environment; Small Business Credit Center - this was the best of the 3 environments and most enjoyable, least pressured job. Still not a team environment. OVERALL - taking all jobs into account I can tell you it is VERY HARD to ever move up here. One step up is a measly 3% raise. Salary is awful here (probably different for exec's). In 2010 I started at $12 an hour. When I left I was making $17+ and I always had extremely good reviews. Most people never get the coveted "E" for excellent, I got it several times consecutively but still no chance to move up here. Every job I got by applying to a million postings and barely getting any interviews, but I interview well and usually landed the job if i could get the interview. None of my job changes were due to simply receiving a promotion or networking. It was just like applying to jobs at an outside company. START HERE BUT LEAVE AFTER A YEAR IF YOU CAN!!!!

Explore other reviews about TD

5.0
1 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Good work space and life balance

Cons

not many cons all good and dandy

4.0
13 June 2026
Recommend
CEO approval
Business outlook

Pros

The management team was supportive, and the branch had a strong team-oriented culture. Because it was a smaller branch, employees had the opportunity to build meaningful relationships, collaborate across roles, and learn from one another. Team members regularly shared ideas, provided constructive feedback, and supported each other's professional growth, creating a positive and rewarding work environment.

Cons

The main areas for improvement would be compensation and scheduling flexibility. At the time, I felt the pay was somewhat low relative to my previous leadership experience in retail management. While compensation may be competitive for some entry-level banking roles, I would have appreciated a stronger alignment between pay and prior supervisory experience. Aside from that, my decision to leave was based on pursuing a different career path rather than any issues with the company itself. TD Bank offers a professional work environment, supportive teams, and valuable opportunities for growth and development within the banking industry.

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