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TD Bank Group
Employees at TD taking part in a team celebration  

Recognized as one of Canada's Top 100 Employers (2019), Top Employers for Canadians Over 40 (2019) and Greater Toronto's Top Employers (2019):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Top 100 Employers (2019), Top Employers for Canadians Over 40 (2019) and Greater Toronto's Top Employers (2019):

  • TD is one of Canada's largest corporate philanthropists, donating over $73-million last year and actively encouraging employee involvement across the country (and worldwide) through a number of in-house initiatives, from the "TD Friends of the Environment Foundation" (with over $6-million distributed to over 600 projects across the country) to the unique "MusiCounts" community program (with over $1.7-million donated to support music programs in underserved communities)
  • TD helps employees plan securely for the future with contributions to a defined benefit pension plan and health benefits that extend to retirees (with no age limit) -- additionally, the bank maintains a dedicated Retired Alumni website and provides financial support for alumni associations across Canada
  • TD considers previous work experience when setting vacation entitlements and offers long-serving employees an additional week of paid vacation on their 25th anniversary (and every 5th anniversary thereafter)
A manager at TD and a colleague  

Employer Background

Industry Banking
Established in Canada 1855
Publicly traded yes
Major Canadian hiring locations Vancouver BC, Calgary AB, Edmonton AB, London ON, Toronto ON, Montréal QC, Saint John NB, Markham ON, Mississauga ON, Ottawa ON, Halifax NS
Full-time employees in Canada 46,871
Part-time employees in Canada 12,502
Full-time employees worldwide 72,334
Workforce engaged on a contract basis 0.61%
Average age of employees in Canada 39.05 years
Longest serving employee 49.6 years

Physical Workplace Rating: B+

Commuter amenities electric vehicle charging stations, secure/sheltered bicycle parking
Workplace features head office is located in the heart of downtown Toronto's financial district in the TD Centre (one of the city's first modern skyscrapers designed by architect Ludwig Mies van der Rohe, now considered a historically significant landmark), the six-tower office complex is surrounded by a four-acre plaza and an outdoor courtyard (with lunchtime concerts in the summer), inside, the workplace features an extensive Inuit art collection (available to the public and employees free of charge), redesigned floors that include more meeting rooms, temporary offices and collaboration spaces for telecommuting employees (part of the unique FlexWorkPlace program first introduced in 2010, and one of the first in Canada), telecommuter workstations, sit-stand workstations, nap room, religious observance room, outdoor patio
Employee lounge amenities comfortable seating, music, television, video games, foosball table, table hockey, board games, table tennis, lounge amenities vary throughout the head office
Snacks available fruit and granola bars
Other nearby amenities fitness club, daycare, restaurants, shopping mall, all-weather access to transit, as well as numerous shops, services, coffee shops and restaurants through the city's underground PATH walking system, nearby car share service (Zipcar)

Work Atmosphere & Communications Rating: A

Company organized social events yes
Recent social events approximately $2.5-million allocated for celebrations across the bank as part of "We Make TD", an annual appreciation week in June to acknowledge employees, from simple thank you gestures to evening dinners, informal grassroots celebrations throughout the year and across the bank, departmental team building activities (from picnics to boat cruises) and company-wide events such as TD Tree Days with over 4,300 employees participating in tree-planting last year
Cultural aspects employee sports teams, dress-for-your-day policy, casual dress (e.g. jeans) daily, music while working, concierge services available, organized social activities for retirees
Employee communications intranet site, internal social media
Other in-house communications a dedicated Social Media & Digital Communications team oversees the bank's online initiatives, including a social networking site called "Connections" that lets employees create their own online communities (business, project or personal interest-based), the "Between Us" confidential employee feedback process, employee "Ombuds Team" provides consolidated anonymous feedback to senior leadership, alumni relations website for retirees

Financial Benefits & Compensation Rating: A+

Financial benefits note TD Bank has multiple employee groups, financial benefits may vary by position
Outside salary surveys participates in outside salary surveys every 12 months
Employee salary reviews individual salaries are reviewed every 12 months
Long-term savings defined-benefit (DB) pension
Long-term planning retirement planning assistance, phased-in retirement work options, life & disability insurance
Share purchase plan available to all employees
Year-end bonuses available to all employees
Signing bonuses available for some positions
Additional financial benefits discounted home insurance, discounted auto insurance, low-interest home loans, credit cards, banking fees, auto and travel insurance, discount program (TD Perks) available to employees and retirees for a range of products and services, referral bonuses for some positions

Health & Family-Friendly Benefits Rating: A

Health plan note TD Bank has multiple employee groups, health plans may vary by position
Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Flexible coverage health plan is flexible with adjustable premiums and coverage levels
Minimum hours worked for coverage 15 hours per week
Waiting period for coverage 90 days
Family coverage option yes
Retiree coverage with no age limit yes
Dental coverage routine, restorative, orthodontics
Traditional coverage (e.g. prescription drugs) yes
Other health plan information employee assistance (EAP) plan, medical travel insurance, homecare, medical equipment and supplies
Additional health and wellness information excess benefit credits can be deposited to health and wellness accounts for additional expenses (from the purchase of home fitness equipment to fitness club memberships to health-focused counselling and support services), coverage for gender reassignment surgery (where not covered by public plans), online educational wellness video library, mental health awareness information available, flexible retiree benefits plan that offers varying levels of coverage and premium coverage (averaging between 60% and 70%, depending on coverage selected, as well as tenure and position)
Family-friendly benefits note TD Bank has multiple employee groups, family-friendly policies may vary by position
In vitro fertilization (IVF) $2,500 per lifetime
Maternity top-up (mothers) up to 100% of salary for 6 weeks
Parental top-up (fathers) up to 100% of salary for 6 weeks
Adoption top-up up to 100% of salary for 6 weeks
Additional family-friendly benefits extended parental leave to unpaid leave, academic scholarships of up to $4,000 per child
Alternative work options flexible work hours, shortened work week (fewer hours with less pay), compressed work week, telecommuting
Additional family-friendly information corporate membership rates with Kids & Company, which offers emergency childcare services, unique "mix and match" alternative work options, enabling employees to create the best schedule for their needs, a Flexible Work Options Business Committee for each line of business to help ensure appropriate work options are implemented and supported across the bank, Back to Business program to help women reintegrate into the workforce after being away for over two years

Vacation & Personal Time-Off Rating: B

Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Vacation jump vacation increases after 9 years of employment
Maximum vacation allowance employees move to a maximum of 5 weeks of vacation over their career
Previous experience considers previous work experience when setting annual vacation for new employees
Unpaid leave maximum 12 months
Additional time-off information management employees start with 4 weeks of paid vacation, some employees who start with 3 weeks move to 4 weeks after 5 years on the job, up to 5 paid occasional sick days, absent business days, long-serving employees receive an additional week of paid vacation on their 25th anniversary and every fifth anniversary thereafter (pro-rated for part-time employees), bereavement leave (up to 10 days), military reservist training leave (up to 15 days each year), unpaid leaves of absence duration determined on an individual basis

Employee Engagement & Performance Rating: A+

Employee performance reviews employees receive individual performance reviews every 6 months
Managers receive performance review training yes
360° feedback option as part of the review process, performance feedback is also solicited from co-workers and other managers familiar with each employee's work
Confidential employee feedback employees can also provide confidential feedback on their manager's performance
Exit interview exit interview option is available for departing employees
Performance recognition individual performance bonuses, on-the-spot rewards, peer-to-peer recognition awards, long-service awards, tailored and unique rewards (i.e. travel), annual employee appreciation week and the "We Make TD program", the "Global Service Recognition" program (includes share options for employees), the "Vision in Action Award" of Distinction, as well as a number of unique performance recognition programs at each business division
In-house survey period in-house surveys are conducted every 12 months
Outside survey period outside consultant surveys are held every 12 months

Training & Skills Development Rating: A+

Career planning in-house career planning services, online employee skills inventory
In-house training initiatives mentoring, in-house training, online training, leadership training, paid internships, subsidies for professional accreditation
Tuition subsidies (related to job) yes
Unrelated tuition maximum employer pays up to $3,000 in tuition subsidies per year for courses unrelated to current position
Unique training & development programs partners with a number of the country's leading business schools, including the University of Toronto, Queen's University, Western University and McMaster University, offers extensive leadership training programs, an education flex-time program and paid study leave days

Community Involvement Rating: A+

Scope of charitable involvement local, national, international
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 2 paid days)
Total employee volunteer hours (on company time) over 83,410 hours last year
Total number of charities supported last year approximately 2,600 charitable and community organizations were supported last year
Some of the community organizations supported Junior Achievement, The Mentoring Partnership, Your Money Program (Canadian Bankers Association Financial Literacy Program), United Way, Children's Miracle Network, Gender Creative Kids Canada, Habitat for Humanity, Juvenile Diabetes Research Foundation, TD Securities Underwriting Hope Fund, as well as in-house initiatives such as TD Tree Days, TD Friends of the Environment Foundation, the Achieve the Dream Scholarship program (70 scholarships worth $2,500 each last year), and the "MusiCounts" program (TD's community music program donated over $1.7-million last year, providing musical instruments and support for underserved youth)
Charitable giving matches employee donations, matches employee volunteer hours with company donations
Community highlight TD Bank is one of Canada's largest corporate donors, directing millions of dollars to charities and non-profit agencies every year ($73.7-million in Canada last year). The bank's charitable focus is directed towards three primary category areas: education and financial literacy; environmental stewardship; and creating opportunities for young people.

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

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

  • TD manages a dedicated 2-year program leadership development program for recent MBA grads -- the program consists of four rotations in total and participants may select rotations from across the entire organization
  • Through TD's Scholarship Summer Employment program, the bank provides scholarship recipients summer employment as a Customer Service Representative, a placement at a corporate or regional office, or employment at a Canadian charitable organization, depending on the student's year of eligibility
  • TD manages a generous Scholarship for Community Leadership program for students in their final year of high school or CEGEP (up to 20 scholarships are awarded each year) -- recipients receive scholarships of up to $70,000, including up to $10,000 per year for tuition, $7,500 per year for living expenses, paid summer employment, mentorship opportunities, annual gatherings and networking opportunities
A TD employee at a branch  


Industry Banking
Major Canadian hiring locations Vancouver BC, Calgary AB, Edmonton AB, London ON, Toronto ON, Montréal QC, Saint John NB, Markham ON, Mississauga ON, Ottawa ON, Halifax NS
Full-time employees in Canada 46,871
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
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Unique initiatives partners with a number of community organizations to support the employment of young people, including Career Edge (paid internships), Partnership to Advance Youth Employment (learning forums and speed networking, Npower Canada (IT internships for underserved young adults between 18 and 25 years of age) and Tropicana/United Way Youth Employment and Mentorship Initiative (to support youth, newcomers and people of Black and Caribbean heritage), the banks' Women in Leadership network created a mentorship program for first and second-year university students interested in learning about careers in capital markets

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

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

  • In partnership with Lime Connect Canada, TD manages a summer internship and scholarship program for third-year students with disabilities and piloted a recruiting program with Specialisterne Canada to identify talented neurodiverse candidates -- TD's workforce representation of individuals with disabilities exceeds labour market availability
  • TD continues to work towards inclusion with recruitment and retention programs that address various intersections of identity, such as millennial women and growing up gay in a multicultural context
  • Since 2005, TD has partnered with Toronto Region Immigrant Employment Council's Mentoring Partnership, providing over 1,700 mentoring relationships since the project's inception -- and, working with ACCES Employment, designed a week-long course for professional women who are new to Canada called "Empowering Women"
Bharat Masrani (centre), CEO of TD Bank Group, gathers with committee members at the organization's traditional South Asian Gala  
"The impact of TD's Diversity and Inclusion initiatives on my career has been transformative. Previously, I felt unsure of my own value and skill-sets, and uncertain of how I could affect change in my business. Through participation with the Indigenous Circle @ TD I have had opportunities to connect with mentors, become inspired, build relationships, develop my leadership profile, and more importantly, I have come to know the value of my voice as an Indigenous person." Josh C., Anti-Money Laundering Supervisor & Chair of Greater-Ontario Indigenous ERG


Industry Banking
Major Canadian hiring locations Vancouver BC, Calgary AB, Edmonton AB, London ON, Toronto ON, Montréal QC, Saint John NB, Markham ON, Mississauga ON, Ottawa ON, Halifax NS
Full-time employees in Canada 46,871
Formal diversity strategy has a defined strategy to achieve diversity and inclusion goals
Senior executive who oversees diversity initiatives Chair of Inclusion and Diversity Leadership Council
Formal commitment inclusion diversity leadership council, subcommittees which focus on expanding leadership opportunities for women and visible minorities, promoting accessibility and inclusion for people with disabilities, enhancing and promoting inclusivity for LGBT employees, customers and allies, serving diverse customer communities and enhancing and promoting inclusion for Aboriginal employees and customers
Employee resource groups Women in Leadership (45 chapters), LGBTA Pride Network (over 3,000 members), Black Employee Community Network, Chinese, Korean, South Asian, and Hispanic Community Networks (over 5,000 members), AccessAbility (employees with disabilities, nearly 2,000 members), Indigenous Circle
Diversity training and awareness training on unconscious bias and stereotypes, accessibility, serving customers with disabilities and interacting with employees with disabilities, ally tools to outline inclusive leadership behaviour
Diversity highlights diversity sourcing team (focused solely on attracting talent from diverse communities), uses diverse selection panels during the recruitment process, Women in Leadership strategy to sustainably increase representation of women from all communities and backgrounds, monthly LGBT executive fireside chat series, partnered with University of Toronto's Rotman School of Management to help facilitate a student competition on concepts for products and services that embrace universal design and address an accessibility need, incorporates diverse groups in advertising materials and reviews market creative on a quarterly basis, Indigenous banking group, extensive supplier diversity program
Some of the diversity-focused partnerships ACCES Employment (co-designed Empowering Women program to support professional women who are new to Canada), Chinese Professionals Association of Canada (customer service training program for immigrant youth or youth with immigrant parents), Toronto Region Immigrant Employment Council (mentoring for new Canadians), ALLIES (mentoring for new Canadians), Ability Edge (internships for persons with disabilities), Start Proud, Venture OUT (encourage LGBT individuals to consider careers in STEM), Indspire (scholarships and bursaries for Indigenous students), Nation Talk, Humphrey Group (LGBT leadership training, visible minority leadership training)

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

Here are some of the reasons why TD Bank Group was selected as one of Canada's Greenest Employers (2019):

  • TD's longstanding TD Friends of the Environment Foundation has provided over $80-million to over 24,000 local environmental projects since 1990 -- employees are actively involved in numerous initiatives every year, including TD Tree Days, having planted over 300,000 trees since 2010
  • Along with many green "firsts", from establishing a Chief Environment Officer back in 2008 to being the first bank to issue a green bond in 2014 (followed by a bigger issue in 2017), TD recently announced an incredible $100-billion investment by 2030 in the development of the low-carbon economy, including lending to companies and projects with low-carbon operations to supporting local environmental projects in communities across the country
A TD employee participating in a tree-planting event  


Industry Banking
Major Canadian hiring locations Vancouver BC, Calgary AB, Edmonton AB, London ON, Toronto ON, Montréal QC, Saint John NB, Markham ON, Mississauga ON, Ottawa ON, Halifax NS
Full-time employees in Canada 46,871
Employee green team TD Green Teams (67 corporate green teams and 1,100 branches across Canada and the US)
Senior executive who oversees initiatives Chief Environment Officer (est. in 2008, is held by an environmental scientist who leads TD's overall environmental strategy and program), Environmental Steering Committee (comprised of executives from across the bank)
Formal strategy/policy name environmental policy (available for review online)
Publishes sustainability report yes
Green highlights TD Tree Days (over 10,500 employees planted trees at over 170 locations last year, over 300,000 since 2010), TD Green Nation (web-based engagement tool to encourage employees to pledge and accomplish green acts in the workplace), TD Environment Quarterly Dashboard (updates employees on environmental activities), Low Carbon Economy investment (long-term strategy includes $100-billion towards low carbon economy initiatives by 2030), financing for residential and commercial renewable energy products, Environment Connection days (green education initiatives for employees and customers), environmentally-focused investment fund and dedicated green bond ($500-million issue in 2014 followed by a second $1-billion issue in 2017, all directed to low-carbon initiatives), ongoing paperless banking initiatives to reduce paper consumption
Noteworthy initiatives over 240 LEED-certified projects within its building portfolio (mostly Gold or higher) including 135 sites with PV installations generating over two megawatts of electricity
Building footprint includes PV solar panels, green roof, geothermal heating/cooling, approximately 18 per cent of the bank's real estate footprint is LEED-certified (has over 50 LEED-accredited professionals on staff), new WELL Building certification (new building initiative that addresses air and water quality, natural light, adaptable furniture, and educational support for well-being)
Extended recycling e-waste (diverts all e-waste from landfill through refurbishment and recycling programs), paper reduction program (uses 20 per cent less paper from the 2010 baseline year), organics including coffee and tea pods
Commuter amenities dedicated financing and insurance products for hybrid and electric vehicles, walk to public transit, secure/sheltered bicycle parking
Community partnerships Earth Week (variety of initiatives across the bank, from lunch 'n learns to tree planting initiatives), TD Friends of the Environment Foundation (provided over $80-million to over 24,000 local environmental projects since 1990), Nature Conservancy of Canada (has protected over 24,000 hectares of critical forest in North America), Dow Jones Sustainability Index (only Canadian bank to be listed, fourth consecutive year)

The Career Directory

TD Bank Group has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
TD employees working in a modern environment

Highlights for New Grads

Industry Banking
Full-time employees in Canada 25,001 to 50,000
Major Canadian hiring locations Vancouver BC, Calgary AB, Edmonton AB, London ON, Toronto ON, Montréal QC, Saint John NB, Markham ON, Mississauga ON, Ottawa ON, Halifax NS
Student opportunities paid internships, summer jobs, co-op opportunities
Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, in-house career planning services, leadership training
Other info for new grads Software development, economics and advanced analytics experience may be considered an asset. Education in advanced mathematics and statistics, computer sciences, software engineering or MBA may also be an asset.
Typical new grad positions Graduates would occupy TD Bank Group Management Rotational Program Associate, TD Agriculture Services Associate, TD Commercial Banking Associate, Real Estate Associate and TD Canada Trust Management Associate positions, Certified Professional Accountant, Finance & Accounting Associate Program, Analytics and Data Science Associate Program, Technology, TD Securities, Consumer Banking, Business Systems Analyst, Developer, Infrastructure Analyst, Analytics and Data Science Associate, Risk Associate and Quantitative Risk Associate positions.
Work benefits health benefits for new employees, flexible work hours, telecommuting, employees receive paid time off to volunteer, (up to 2 paid days)
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

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