Recognized as one of Canada's Top 100 Employers (2017)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Nov 6, 2016)
Here are some of the reasons why TD Bank Group was selected as one of Canada's Top 100 Employers (2017), Top Employers for Canadians Over 40 (2016) and Greater Toronto's Top Employers (2016):
- TD is one of the country's leading corporate donors, with over $62 million provided in donations last year -- the bank also manages a unique online site to help employees match their skills and interests with local charitable initiatives -- over 26,000 employees are currently registered and donated over 118,000 volunteer hours in the past year
- TD introduced a groundbreaking "FlexWorkPlace" pilot program in 2010 to accommodate changing and flexible work patterns, complete with redesigned floors that include more meeting rooms, eliminate traditional offices, and a "collaborative cafe" where employees can meet and work in a comfortable and informal setting
- TD also pioneered an impressive green building program with over 170 LEED certified projects including over 120 building locations with solar power generation (over 2 megawatts of generation capacity thus far) -- the bank is also one of the first major Canadian corporations to create a Chief Environment Officer position to help oversee its many environmental initiatives
For employees, TD is not your average bank
Nicholas Hawkes was still searching for direction when he joined TD Bank Group two years ago. Thankfully, an innovative internship program for recent university graduates helped him find happiness as a Solution Architect, ITS Projects.
The 27-year-old Richmond Hill, Ont. native says the "amazing opportunity" he enjoyed through TD's two-year Technology Solutions Rotational Program also helped him gain new skills and forge valuable connections. Under the program, recent grads with IT skills are rotated through four, six-month work placements. After his stint as a solution architect, which involves developing technology to meet specific business challenges, Hawkes took advantage of the option to stay in one position after completing three-quarters of the program.
"When you leave university, you're 19 or 20 and you have no idea what you want to do," he says. "With this, you get four chances to try different positions, and hopefully you'll land in something you like."
Bharat Masrani, Group President and Chief Executive Officer for TD Bank Group, says the company is committed to helping employees achieve their full potential by setting clear expectations, investing in their development, and providing the opportunities and resources they need to be their best.
"TD is a performance-driven company, and we strongly believe that great customer experiences start with great employee experiences," he adds. "Our vision to be the better bank is only possible by creating a diverse, inclusive and supportive environment where our colleagues feel empowered and valued."
Hawkes, a graduate of the business informatics program at McMaster University, can vouch for TD's open and supportive culture. When he contacted an assistant vice-president about being his mentor during the rotational program, the senior executive immediately agreed and suggested meeting for a coffee. And when he reached out to one of TD's vice-presidents months later with a plan to improve the bank's internal search engine, his suggestions were greeted with enthusiasm.
"The culture is extremely inclusive, and they really give you the opportunities to connect with the right people," he notes. "I find that everywhere at TD. You can message anyone and they'll be more than happy to talk to you, and they're always willing to listen to your good ideas."
TD Bank Group also provides ample opportunity for skill development and long-term career advancement. Hawkes says his training began from day 1 with a comprehensive orientation. From talking to friends at other companies, he adds, those opportunities are becoming increasingly rare.
Defying the traditional, conservative image of a big bank, TD has also shifted its culture to meet the changing needs of employees. In 2010, it introduced its ground-breaking "FlexWorkPlace" pilot program to accommodate more flexible work patterns, complete with redesigned floors that include more meeting rooms, no traditional offices, and a "collaborative cafe" where employees can meet and work in a comfortable and informal setting.
As an industry leader, TD also believes strongly in the importance of giving back to the broader community. Last year alone, it contributed over $62 million to a wide variety of charities, making it one of Canada's largest corporate donors. It also manages a unique online site that helps employees match their skills and interests with local volunteer opportunities. More than 26,000 employees are registered, and they have donated over 118,000 volunteer hours in the past year.
"Providing our colleagues with the opportunity and environment to grow, develop and make meaningful contributions to our business and to our communities is ingrained in the TD culture," says Masrani. "At TD, we believe we're part of a larger community and our success depends on the success of those around us. Our purpose - what we set out to do every day - is to enrich the lives of others."
Recognized as one of Canada's Best Diversity Employers (2016)
By Kristina Leung and Richard Yerema, Mediacorp Canada Inc. staff editors (Feb 23, 2016)
Here are some of the reasons why TD Bank Group was selected as one of Canada's Best Diversity Employers (2016):
- TD maintains 11 regional LGBT employee resource groups across Canada and the enterprise-wide LGBTA Pride Network, with nearly 3,000 members -- in 2014, the bank hosted its first ever TD North American LGBTA Summit to bring together LGBTA ERG leads from Canada, US and the UK to develop strategies and tactics for employees and clients -- the Summit included workshops on LGBT history, education and awareness, transgender education, LGBT customer strategy and career development and personal brand
- In partnership with the University of Toronto's Rotman School of Business, TD developed a 10-day program to help women who have been out of the workforce for between three to eight years update their knowledge, skills and networks -- also offers networking and developmental opportunities for female employees through 20 Women in Leadership chapters, which host approximately 50 events each year, and maintains a formal corporate Women in Leadership group mentoring program
- TD recently created a customized leadership development program for employees who are visible minorities, in partnership with The Humphrey Group -- the 2-day program combines communications theory, workshops, executive participation, facilitated discussion and self-analysis and is supplemented with a one year group mentoring cohort
"NEW At TD we're creating an environment where everyone can feel comfortable bringing their full self to work and where performance is rewarded based on merit. By sharing our stories, we can help dispel stereotypes and build relationships based on mutual respect and understanding." Josh C., Employee
Recognized as one of Canada's Greenest Employers (2016)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Apr 21, 2016)
Here are some of the reasons why TD Bank Group was selected as one of Canada's Greenest Employers (2016):
- TD patiently developed a well-established green network with representation from its corporate offices and retail operations across Canada -- the bank has 65 green teams and over 1,100 green coordinators who develop and coordinate numerous environmental initiatives across the country, from Earth Week activities to volunteering initiatives related to the longstanding "TD Friends of the Environment Foundation"
- TD was one of the first major employers in Canada to introduce a senior executive position dedicated to environmental sustainability back in 2008 -- the bank's current Chief Environment Officer is an environmental scientist with over 20 years of working experience in the field -- TD also maintains an Environmental Steering Committee comprised of senior-level executives from across the company who are part of an overall green strategy to embed an environmental perspective into the bank's long-term business strategy, which includes a focus on reducing its operational footprint, responsible financing, green product options for customers, and engaging employees and the environmental community
- TD promotes green building design in new and existing facility renovations, from pioneering the net-zero-energy retail branch to solar power generation (with 1.9 megawatts of solar generation capacity across North America, including 243kW at its LEED Platinum certified data centre) -- over the past five years, TD improved energy efficiency in all buildings by 17 percent per square foot and adopted the Sustainable Energy Efficient Design (SEED) program as the basis for new branch construction in Canada (new branches are to be 45 percent more energy efficient that comparable older locations) -- additionally, over 15 percent of TD's overall workspace is LEED certified