It will suck the life out of you. - Portfolio Manager TD Employee Review

1.0
Nov 23, 2013
Recommend
CEO approval
Business Outlook

Pros

PTO. Lots of PTO. Co-workers are generally friendly and helpful when not wrapped up in red tape.

Cons

If you're not in senior management, you're getting paid below market value. Annual raises are capped at 3%, HR will not negotiate with internal candidates at all. They think that the PTO makes up for this. Technology systems are frequently slow or even down. Rightsizing is killing the company. Branches and departments are chronically understaffed and undertrained, yet there is more internal red tape, administrative work, and reporting than there ever was. Hey senior management, you want to make our jobs tough? Create a bunch of money-grabbing policies (see: ATM fees, increasingly predatory loan policies, etc.) that make customers hate the bank, then let the staff deal with the fallout. Oh, never mind, you already went ahead and did that. Will there ever be a time that this company goes through a software conversion/integration that a) is completed on time and b) within budget and c) does not result in systems being down for days? Not likely. Senior management is patronizing. You'll hear about your 2% raise one week, the next week they'll release a statement saying they just had their most profitable quarter/year ever. And thanks for all you do. Don't spend it all in one place, proletariat. The big change since the Commerce acquisition has been the approach to getting things done. At Commerce, we met, we developed a plan, we executed the plan, stuff got done. Customers were happy, sales were made, everyone made money. Since the acquisition, we meet, we develop a plan, we have a weekly conference call to update everyone, then we break that call up into subgroups that have their own calls 1x-2x a week, then we change the plan because something wasn't considered by management in the original plan, then we have more weekly calls about the changes, which are broken up into more subgroups......

Explore other reviews about TD

5.0
Apr 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture. Everyone is super helpful and get great production level experience

Cons

I have not experienced any cons

4.0
Jun 13, 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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