Recognized for outstanding programs committed to Canada's younger workforce
TORONTO, April 28, 2014 /CNW/ - CIBC (TSX: CM) (NYSE: CM) has once again been
named one of Canada's Top Employers for Young People by Mediacorp Canada Inc.
"CIBC is honoured to continue to be recognized for helping younger workers
achieve their full potential," says Jacqueline Moss, Executive Vice-President,
Human Resources, CIBC. "This award acknowledges the many programs and
initiatives we have designed specifically for Canada's younger workforce,
which give them opportunities to gain hands-on experience and develop
transferable skills in a diverse and engaging workplace to help them build
The award, managed by the editors of the Canada's Top 100 Employers,
recognizes companies that offer younger workers exceptional professional
opportunities; attractive perks and benefits; and ongoing career development
programs as they transition from school to work.
Since 2010, the number of graduate, co-op, and summer hires recruited by CIBC
has increased by almost 70 per cent. A key initiative that makes CIBC one of
Canada's Top Employers for Young People is its Human Resources Development
Program. The program provides upcoming graduates of a Masters of Business
Administration or Human Resources Masters related program, who have a minimum
of three years of work experience, an opportunity to gain exposure and access
to leading professionals in the industry by rotating through four key HR areas
in the bank: human resource consulting, employee relations, resourcing, and
projects and change management. CIBC's recently launched GenNext program was
also recognized for building leadership skills by providing younger employees
with opportunities to volunteer in the community.
As part of the bank's overall commitment to building stronger communities,
CIBC also supports access to education for younger workers through scholarship
funding, skills training and mentorship programs. In 2013, CIBC committed $12
million to Canadian universities and colleges, of which more than $9 million
went to post-secondary bursaries and scholarships.
Over the past year, CIBC has also been recognized for several other
industry-best practices, including:
-- One of Canada's Top 100 Employers by Mediacorp;
-- One of Canada's Best Diversity Employers by Mediacorp;
-- One of Canada's Top Employers for Canadians Over 40 by
-- One of Canada's 50 Most Engaged Workplaces™ by Achievers;
-- The strongest bank in Canada and North America and the
third-strongest bank in the world by Bloomberg
-- Among the Top 10 Safest Banks in North America by Global
-- A recipient of three innovation awards for the CIBC Mobile
Payment App from ACT Canada;
-- One of Canada's best 50 corporate citizens by Corporate
-- Included in the Dow Jones Sustainability World Index for the
12th consecutive year.
For more information on employment opportunities with CIBC, visit
CIBC is a leading North American financial institution with 11 million
personal banking and business clients. CIBC offers a full range of products
and services through its comprehensive electronic banking network, branches
and offices across Canada, and has offices in the United States and around the
world. You can find other news releases and information about CIBC in our
Media Centre on our corporate website at www.cibc.com.
SOURCE Canadian Imperial Bank of Commerce
Media contact:Caroline Van Hasselt, Director, External Communications,
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-0- Apr/28/2014 13:23 GMT
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