Why were they chosen?
- continues to expand and create new jobs in Canada
- provides employees excellent financial benefits, including low-interest home loans, a share purchase plan, year-end bonuses and discounts on banking services
- supports new parents with leave top-up payments
- helps employees plan for retirement with a defined benefit pension plan
- provides customers a full line of retail, commercial, corporate, investment banking and treasury products and services
- TD Bank maintains over 1,100 branch locations across Canada and ranks among the world's leading online financial services firms with over 5.5 million online customers
- In the United States, the bank operates through its TD Bank, America's Most Convenient Bank banner, which has now has over 1,000 retail banking branches throughout the States.
- rated as exceptional
- Employees take part in the selection of charitable groups assisted each year.
- TD Bank is one of Canada's largest corporate donors, directing millions of dollars to charities and non-profit agencies every year
- In addition, employees raise millions of additional dollars every year through personal contributions and through fundraising efforts across Canada.
Work Atmosphere
- rated as exceptional
- the bank encourages a range of social, cultural and recreational activities through employee-led social committees
- The social committee also hosts an impressive holiday party for children of employees with over 6,000 guests, carnival rides, a petting zoo, pony rides, arts and crafts and over 3,000 gifts delivered by Santa.
- TD Bank keeps employees informed and encourages feedback through a company newsletter; corporate intranet site; email suggestion box.
- rated as exceptional
- To keep salaries competitive the company participates in outside salary surveys every 12 months.
- TD Bank also provides signing bonuses for some employees; year-end bonuses for all employees.
- rated as very good.
- TD Bank's health benefits plans are a combination of self-insured and Manulife Financial, as well as being administered by ClaimSecure Inc. (drug plan) and Manulife Financial.
- As part of the health plan, the employer pays 100% of the premiums
- Employees who work 15 hours per week receive coverage
- The waiting period for new employees is 90 days.
- Employees receive full family coverage on the health benefits plan
- The health plan also includes retiree coverage with no age limit
- rated as exceptional
- Employees receive individual performance reviews every 6 months
- TD Bank rewards exceptional performance through a variety of business recognition programs, including on-the-spot awards, performance awards and nomination based awards
- The bank also hosts a formal employee appreciate week every June and supports the "You Make TD" reward and recognition program by investing approximately $1.5 million every year.
- TD Bank hires an outside consultant to conduct confidential employee satisfaction and engagement surveys.
- rated as above average.
- Employees receive tuition subsidies for courses related to their position
- Employees may also receive tuition subsidies for courses unrelated to their current position
- TD Bank also supports ongoing employee career development with subsidies for professional accreditations, in-house training progams etc.
- rated as exceptional
- Approximately 2,100 charitable and community organizations were supported last year.
- TD Bank is one of Canada's largest corporate donors, directing millions of dollars to charities and non-profit agencies every year
- The bank and its employees support numerous initiatives, including Habitat for Humanity, the United Way, the Children's Miracle Network, Junior Achievement, the Mentoring Partnership, and the TD Grade One Book Giveaway
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