National Bank of Canada
Staff of National Bank collaborating on a project  

Recognized as one of Montreal's Top Employers (2019):

Here are some of the reasons why National Bank of Canada was selected as one of Montreal's Top Employers (2019):

  • National Bank donates millions of dollars each year to charitable and community initiatives and encourages employees to donate their time and efforts by matching charitable donations and providing financial donations to organizations where they volunteer their time (to $250 for every 40 hours)
  • Along with a variety of alternative work options to help balance their work and personal lives, employees at National Bank's head office with young children can take advantage of an onsite daycare centre
  • National Bank helps employees plan for life after work through a defined benefit pension plan and a health benefits plan that extends to retirees (up to the age of 65) -- employees also receive discounts on a variety of financial products and services and can share a little more in the bank's successes through a share purchase plan
National Bank employees presenting a donation to the Breakfast Club of Canada  

Highlights

Industry Banking
Established in Canada 1859
Publicly traded yes
Major Canadian hiring locations Montréal QC, Calgary AB, Québec QC, Toronto ON
Full-time employees in Canada 16,047
Part-time employees in Canada 2,623
Average age of employees in Canada 41.2 years
Longest serving employee 56.8 years
Long-term savings defined-benefit (DB) pension
Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Alternative work options flexible work hours, shortened work week (fewer hours with less pay), compressed work week, telecommuting
Vacation allowance new employees receive 3.6 weeks of paid vacation after their first year on the job
Employee performance reviews employees receive individual performance reviews every 6 months
In-house training initiatives apprenticeship/skilled trades programs, in-house training, online training, leadership training, mentoring, paid internships
Tuition subsidies (related to job) yes
Scope of charitable involvement local, national, international
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer

Recognized as one of Canada's Top Employers for Young People (2019):

Here are some of the reasons why National Bank of Canada was selected as one of Canada's Top Employers for Young People (2019):

  • National Bank offers a wide range of opportunities for students and recent graduates to gain career-level experience in a variety of fields -- examples include rotational programs in financial markets and data science, mentorship opportunities in wealth management and summer internships for women in financial markets
  • National Bank organizes "Let's Talk Career Days" to help employees plan long-term development -- activities include tips on preparing for an interview, a career talk with the company's VP of HR, and mini consultations with the bank's recruiters
  • Additionally, employees can participate in "A Day in the Life Of..." initiative in order to experience another team's work day
National Bank employees taking part in the NB Grand Tour  

Highlights

Industry Banking
Major Canadian hiring locations Montréal QC, Calgary AB, Québec QC, Toronto ON
Full-time employees in Canada 16,047
Student opportunities summer jobs, co-op opportunities, paid internships
Tuition subsidies (related to job) yes
Career development in-house training, online training, in-house career planning services, mentoring, leadership training, online employee skills inventory, apprenticeship/skilled trades programs
Vacation allowance new employees receive 3.6 weeks of paid vacation after their first year on the job
Unique initiatives extensive training opportunities which include classroom courses, virtual courses, hackathons, virtual community of practice and the online National Bank University, Young Employees Network

Recognized as one of Canada's Best Diversity Employers (2019):

Here are some of the reasons why National Bank of Canada was selected as one of Canada's Best Diversity Employers (2019):

  • National Bank created "Hello Canada", a unique assistance program for new Canadians, providing resources on topics such as financial products, the Canadian school system, healthcare and job search -- additionally, the bank partners with community organizations such as ALLIES Montréal and the Chamber of Commerce of Metropolitan Montreal to facilitate networking and mentoring events
  • National Bank established an employee resource group for LGBT employees entitled "Réseau dédié aux membres de la communauté (LGBT) / Inclusion and de-stigmatization for equality regardless of orientation (IDEO)" to support an inclusive work environment -- with over 150 members, the group organizes 5 to 8 networking activities each year
  • National Bank maintains an internal group to help female employees develop their professional network and encourages employees to attend networking events organized by community partners such as Catalyst and the Association of Québec Women in Finance
Members of National Bank's staff soccer team celebrating their gold medal win at the Centraide Cup   (Photo credit: Paul Ducharme)

Highlights

Industry Banking
Major Canadian hiring locations Montréal QC, Calgary AB, Québec QC, Toronto ON
Full-time employees in Canada 16,047
Formal diversity strategy has a defined strategy to achieve diversity and inclusion goals
Senior executive who oversees diversity initiatives Executive Vice-President, Wealth Management
Formal commitment diversity task force
Employee resource groups Women's Leadership Network, LGBT, young people, Diversity Ambassadors (for members of cultural communities and immigrants)
Diversity training and awareness training on topics such as unconscious bias, accessibility, creating an inclusive workplace and managing multicultural teams
Diversity highlights dedicated program to increase representation of women working as investment advisors (with a focus on recruitment, work-life balance and training), bursary program for women in finance, internal diversity conferences, unique "Hello Canada" assistance program to provide resources to newcomers such as financial products and personalized advice for clients on the Canadian school system, healthcare and job search
Some of the diversity-focused partnerships Catalyst, Association of Québec Women in Finance, Chambre de commerce gaie du Québec, GRIS-Montréal (sponsorship for LGBT awareness activities), Pride at Work Canada, Assisting Local Leaders with Immigrant Employment Strategies / ALLIES, Chamber of Commerce of Metropolitan Montreal (networking and recruitment activities for new Canadians)

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