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Compensation and Benefits

CIBC offers a highly competitive compensation and benefits package within the financial services industry. Here are some highlights of our total compensation package:

  • Base Salary: Your base salary is market competitive. Each year, base salaries are reviewed annually against market to ensure that it is in line with competitive data.
  • Incentive Pay: You will be rewarded through CIBC's Annual Incentive Program for your contribution to our success when you exceed minimum levels of personal and business performance, and CIBC meets or exceeds its business targets.
  • Benefits: CIBC allows you to select a benefits package that suits the unique needs of you and your family. CIBC benefits include medical, dental, income protection, insurance and pension.
  • Employee Share Purchase Plan: This plan provides a way for you to acquire CIBC stock and achieve long-term financial objectives such as saving for a home, vacation and retirement.
  • Employee Banking Offer: CIBC employees are eligible for an employee-banking offer whether they are full-time, part-time, temporary or permanent, regardless of job level, salary or years of service. The offer includes special interest rates, special services and lower transaction fees, and is extended to CIBC retirees as well.