Anyone here work at CIBC? For L8 / SM roles, how likely will the full 15% bonus be paid out?

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In my 3 years, bus. Perf. Factor has never been below 100%. If rating is meets expectations then ind. Perf. Factor can be b/w 100 - 115.
If it's exceeds expectations then it can be between 115 to 130 if I'm not wrong

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Ok that’s helpful, thanks CIBC1!

I’m curious too

It depends on 2 factors: individual performance and business performance.
I'm L7 and my specified bonus is 12%. But last year the business did so well, that i got 15%.
So, it depends.

Thanks CIBC1 - In your time there, how many years has the business missed plan? And If you have an average performance rating (3/5) do you still get 100% multiplier?

Always, only if you get partial met then it be halved.

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