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TD Bank Group
TD employees collaborating

Recognized as one of Canada's Top 100 Employers

Here are some of the reasons why TD Bank Group was selected as one of Canada's Top 100 Employers (2018), Top Employers for Canadians Over 40 (2018) and Greater Toronto's Top Employers (2018) :

  • 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 7 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)
  • TD invests in the ongoing development of employees with generous tuition subsidies for courses related and indirectly related to their position (to $4,000) and maintains partnerships with a number of country's leading business schools including the University of Toronto, Queen's University, Western University and McMaster University
TD employee

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 46,405
Part-time employees in Canada 13,798
Full-time employees worldwide 70,331
Workforce engaged on a contract basis .66%
Average age of employees in Canada 37.8 years
Longest serving employee 41.7 years

Physical Workplace Rating: B+

Commuter amenities transit subsidies, 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 6 office tower complex is surrounded by a 4-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 a "collaborative" cafe for telecommuting employees (part of the unique FlexWorkPlace program launched in 2010, and one of the first in Canada), telecommuter workstations, religious observance room
Employee lounge amenities comfortable seating, television, video games
Other nearby amenities numerous fitness facilities, Oscar Peterson Square, 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

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 "You 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
Cultural aspects employee sports teams, business casual dress, casual dress (e.g. jeans) daily, music while working, concierge services available
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: Employee Ombuds Office that provides confidential, neutral and private assistance to employees from across the bank, dedicated "Whistleblower Hotline", managed through an independent third-party firm

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 yes
Year-end bonuses available to all employees
Signing bonuses available for some positions
Additional financial benefits subsidized home insurance, subsidized 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
Additional coverage employee assistance (EAP) plan, medical travel insurance, homecare, medical equipment and supplies, alternative coverage (e.g. accupuncture, naturopathy)
Other health plan information flexible health and wellness accounts for additional expenses outside basic coverage (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, 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, emergency short-term daycare, academic scholarships of up to $2,500 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 2 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 of absence option yes
Additional time-off information management employees start with 4 weeks 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 5th 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 You Make TD program, Vision in Action Award of Distinction to recognize outstanding achievement (over 90 employees recently enjoyed a trip to Montréal, received a personal "thanks" from the bank's President and CEO, and attended a number of events as well as the annual general meeting), a number of unique performance recognition programs at each business division, and in recognition of a challenging year, the bank gave all employees an extra day off in 2016
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
Annual tuition maximum employer pays up to $4,000 in tuition subsidies for job-related courses per year
Unrelated tuition maximum employer pays up to $4,000 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 127,888 hours last year
Total number of charities supported last year approximately 2,300 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, TD Friends of the Environment Foundation, TD Tree Days, Children's Miracle Network, Juvenile Diabetes Research Foundation
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 ($68.2 million in Canada last year). The bank's charitable focus is directed towards 3 primary category areas: education and financial literacy; environmental stewardship; and opportunities for young people.

Recognized as one of Canada's Top Employers for Young People

Here are some of the reasons why TD Bank Group was selected as one of Canada's Top Employers for Young People (2018):

  • 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
  • Through TD's Scholarship Summer Employment program, the bank offers 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's Women in Leadership network created a mentorship program for first and second-year university students interested in learning about careers in capital markets -- 25 female students were recently matched with Managing Directors from TD Securities for 4 months to gain industry insights
TD employees

Highlights

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 46,405
Student opportunities summer jobs, co-op opportunities, paid internships
Annual tuition maximum employer pays up to $4,000 in tuition subsidies for job-related courses per year
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 manages a number of rotational programs, as well as 6 associate programs (collectively employing more than 200 associates through these initiatives), created a new development program for participants of its campus and graduate programs in order to provide more opportunities for networking and peer mentorship, 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)

Recognized as one of Canada's Best Diversity Employers

Here are some of the reasons why TD Bank Group was selected as one of Canada's Best Diversity Employers (2018):

  • TD created a diversity sourcing team, focused solely on attracting top talent from diverse communities -- activities within these roles include maintaining relationships with diverse organizations and student associations and attending diversity-focused recruitment events
  • Since 2005, TD has partnered with Toronto Region Immigrant Employment Council's Mentoring Partnership, providing over 1,570 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"
  • In partnership with Lime Connect Canada, TD manages a summer internship and scholarship program for third-year students with disabilities -- and is also piloting a recruitment program with Specialisterne Canada to hire individuals on the autism spectrum -- the program includes recruitment workshops in place of traditional interviews, 4-week onboarding with job coaching supports, and training for people managers and teams
TD employees at a Pride event

Highlights

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 46,405
Formal diversity strategy has a defined strategy to achieve diversity and inclusion goals
Senior executive who oversees diversity initiatives Chair of Diversity Leadership Council
Formal commitment diversity leadership council, subcommittees which focus on expanding leadership opportunities for women and visible minorities, building an agenda for persons with disabilities, enhancing and promoting inclusivity for LGBT peoples, serving diverse customer communities and creating and promoting inclusion for Aboriginal employees and customers, trans advisory employee council
Employee resource groups Women in Leadership (40 chapters), LGBTA Pride Network (active in 11 regions), Black Employee Community Network, Chinese, Korean, South Asian, and Hispanic Community Networks (over 5,000 members), Recognizing Abilities and Changing Attitudes Network (employees with disabilities, over 1,000 members), additional disability-related networks, Aboriginal Employee Circle
Diversity training and awareness mandatory diversity and inclusion training, mental health awareness and cultural competency training
Diversity highlights job carving to provide employment to individuals with intellectual disabilities (Vancouver branches), leadership program for visible minorities, group mentoring for Aboriginal peoples, Mutual Mentoring Hour to connect leaders and high-potential women (500 participants), internal Pride 365 quarterly newsletter for LGBT employees, incorporates diverse groups in advertising materials and reviews market creative on a quarterly basis, Aboriginal banking group, extensive supplier diversity program
Some of the diversity-focused partnerships Women in Capital Markets, ALLIES (mentoring for new Canadians), Ability Edge (internships for persons with disabilities), Job Opportunity Information Network (mentoring for persons with disabilities), Start Proud, Pride at Work Canada, Aboriginal Human Resource Council (Inclusion Works career fairs), Thunder Bay Native Friendship Centre, Nation Talk, Canadian Aboriginal Minority Supplier Diversity Council

Recognized as one of Canada's Greenest Employers

Here are some of the reasons why TD Bank Group was selected as one of Canada's Greenest Employers (2018):

  • TD promotes green building design for new and existing facility renovations, from pioneering the net-zero-energy retail branch to solar power generation (with 2 megawatts of solar generation capacity) and improving energy efficiency in all buildings -- and, while increasing its occupied space by approximately 25%, the bank has simultaneously reduced its greenhouse gas emissions by 23%
  • 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, TD Bank has contributed over $12 billion since 2006 to developing the low-carbon economy, from lending to companies and projects with low-carbon operations to supporting local environmental projects in communities across the country
A TD employee volunteering during one of the bank's Tree Days

Highlights

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 46,405
Employee green team TD Green Teams (more than 70 green leaders oversee 11,000 green network employees across Canada)
Senior executive who oversees initiatives Chief Environment Officer, Environmental Steering Committee (comprised of executives from across the bank)
Formal strategy/policy name environmental policy (available for review online)
Green highlights pioneering "FlexWorkPlace" program continues to reduce commuting and business travel miles through greater adoption of alternative work styles, TD Tree Days (over 10,000 employees planted nearly 55,000 trees at over 170 locations last year), financing for residential and commercial renewable energy products, dedicated financing and insurance products for hybrid and electric vehicles, Environment Customer Connection days (green education initiatives for employees and customers), ongoing development of paperless banking initiatives, environmentally-focused investment fund, first bank to issue a dedicated green bond in 2014 (a $500 million 3-year issuance with all proceeds directed to low-carbon initiatives)
Extended recycling e-waste (diverts all e-waste from landfill through refurbishment and recycling programs), paper reduction program (uses 20% less paper from the 2010 baseline year), organics including coffee and tea pods
Commuter amenities transit subsidies, secure/sheltered bicycle parking, walk to public transit, telecommuter workstations
In-house environmental audit yes
External environmental audit yes
Publishes sustainability report yes
Some of the green community initiatives TD Friends of the Environment Foundation (provided over $76 million to over 24,000 local environmental projects since 1990), Nature Conservancy of Canada (has protected over 2,340 hectares of critical forest in North America), Tree Canada
Other location LEED Platinum
Building footprint includes PV solar panels, green roof, geothermal heating/cooling, electric vehicle charging stations, over 200 LEED Certified projects including 135 sites with PV installations (over 2 megawatts of generation), approximately 18% of the bank's real estate footprint is LEED certified, has also pioneered a net-zero energy retail branch location

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 Bank Group employees

Highlights for New Grads

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
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
Annual tuition maximum employer pays up to $4,000 in tuition subsidies for job-related courses per year
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, transit subsidies, 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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