TD reviews

3.8

68% would recommend to a friend

(22,247 total reviews)
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Raymond Chun

73% approve of CEO

62% positive business outlook

TD has an employee rating of 3.8 out of 5 stars, based on 22,247 company reviews on Glassdoor which indicates that most employees have a good working experience there. The TD employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

22K reviews
4.0
Aug 19, 2009
Recommend
CEO approval
Business Outlook

Pros

-Excellent company (the praise they get from customers, the things they have done that has rocked the stuffy banking industry) -Recognition (they have numerous programs) -Training (there are TD University training classes for virtually everything) -The culture (whether its cheesy or not, there is no denying that it is a unique place to work. Gets taken advantage of until you cross over to another bank and hate it) -Willingness to change (they are never worried about making improvements)

Cons

-The pay is pretty much the worst. I never wanted to leave the company, but I was getting paid only a few dollars more than a CSR to HIRE those CSRs. -Opportunity for career advancement is quite hard in the support areas. Unless you live around or want to commute to the HQ in Mt Laurel, you are pretty much only given a very thing path of advancement. I had only TWO positions (same job, just two actual people) that I could have been promoted into.

3.0
Aug 17, 2009
Recommend
CEO approval
Business Outlook

Pros

The physical atmosphere of where you work (if you're in the Mt. Laurel HQ) is amazing. It's a very stimulating place to work. Also, when you say you work for "Commerce Bank," everyone knows where you work. They USED to place a high value on employee development (see cons).

Cons

Commerce was best when it was Commerce. When the company was bought by the Canadians, they SWORE they wouldn't change a thing. I saw the writing on the wall when they started to try to change the brand that Vernon Hill put 30 years into building. Now, "TD Bank" is just another green financial institution that doesn't stand out. I saw it internally before Customers saw it externally. The Training Department was starting to shift from a powerhouse leading the "WOW!" to just a deparment used to push people through.

3.0
Aug 7, 2009
Recommend
CEO approval
Business Outlook

Pros

Fair compensation, challenging work environment

Cons

The recent acquisition of Commerce Bank has created constant change in operational procedures which place more responsibilities back on the stores (yes, we are now called "stores") making it difficult to focus on sales and customer service. And performance reviews are based strictly on numbers generated from sales and the results of customer satisfaction surveys. Our product offerings have changed leaving us less competitive in our market area. We have been forced to adopt the "brand" cookie cutter philosophy of Commerce, where everything is expected to look the same at every location. I now have an assigned place for my stapler. We have been required to remove everything from our counter tops and desks resulting in printers, fax machines, and frequently used items being placed in extremely inconvenient locations. It is an ergonomic nightmare for our locations in Maine. Changing job levels and job descriptions do not reflect much value for lower level employees. Our team philosophy of the past is being replaced by the cult like philosophy of Commerce. Those willing to dedicate themselves completely to the company and cheer the loudest at the pep rallies may stand a chance at advancement while all others will be considered dispensible. I fear we will become the Walmart of banks.

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