Vantaggi
Autonomy Flexible work hours And not a whole lot else that other banks aren't offering
Svantaggi
Everything Internal processes are broken and time consuming Technology is terrible and slow Advisors are overworked Expectations are unrealistic (even compared to other banks) Promotions are tenure bases, and not based on merit Variable compensation is gone and base bonuses are 12% of base salary compared to well over 30% (and even 100% for top performers in fiscal 2021) in the past The "Imperial Service Offer" is heavily diluted with non-qualifying clients who burden advisors and detract from providing good service to our best clients CIBC's mortgage business sucked for so long now everyones focus is on mortgages and we have forgotten the other parts of our business