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TD Bank Group
TD Bank employees  

Recognized as one of Canada's Top 100 Employers (2021) and Greater Toronto's Top Employers (2021):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Top 100 Employers (2021) and Greater Toronto's Top Employers (2021):

  • TD Bank has supported employees during the pandemic through a number of innovative and generous ways, including additional financial payments for employees who were required to come into work during the spring (two payments of $500 in April and May), two additional paid days off during the spring, and up to $100 per month to help offset internet costs of working from home (through the bank's existing Bring Your Own Device program)
  • TD Bank provides maternity and parental leave top-up of 100 per cent of salary for up to 12 weeks for birth mothers and offers "mix and match" flexible work options to allow employees to create the best schedule for their needs -- additionally, the bank maintains a Flexible Work Options Business Committee for each line of business to help ensure appropriate work options are implemented and supported across the company
  • TD Bank 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 fifth anniversary thereafter)
A TD Bank employee working from home  

Employer Background

Industry Banking
Established in Canada 1855
Publicly traded yes
Major Canadian hiring locations Moncton NB, 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 53,694
Part-time employees in Canada 10,920
Full-time employees worldwide 78,615
Workforce engaged on a contract basis .54%
Average age of employees in Canada 38.4 years
Longest serving employee 55.7 years

COVID-19

Pandemic response thousands of employees moved to work from home arrangements with the company offering a monthly subsidy of $100, provided a one-time $1,000 award to essential employees who were required to work onsite (and 2 paid personal days off), extended paid personal days for all employees facing new child care and elder care responsibilities (from 3 to 10 days), conducted a massive online Colleague Connection survey early in the pandemic to better understand the impacts on employees

Physical Workplace Rating: B+

Commuter amenities electric vehicle charging stations, secure/sheltered bicycle parking
Workplace features TD Centre is located in the heart of Toronto's financial district and was designed by architect Ludwig Mies van der Rohe, the office complex is comprised of 6 connected buildings and is surrounded by a 4-acre plaza and an outdoor courtyard, inside, the workplace features a variety of workspaces as part of its Flex WorkPlace program (such as meeting rooms, collaboration spaces, and increased access to technology, to foster mobility and collaboration), onsite gallery of Indigenous art, telecommuter workstations, sit-stand workstations, nap room, and a quiet room for religious observance, additionally, the bank manages a workplace design and experience team to capture employee feedback for all building and renovation projects
Employee lounge amenities comfortable seating, television, video games, pool table, foosball table, table hockey, board games, table tennis, lounge amenities vary throughout the head office
Other food options at main location all-weather access to numerous restaurants and coffee shops through the city's underground PATH walking system
Other nearby amenities YMCA, Harbourfront, Simcoe Park (15 minute walks), nearby car share service (Zipcar)

Work Atmosphere & Communications Rating: A

Company organized social events yes
Past social events allocates approximately $2.5-million each year to celebrate "We Make TD", the bank's annual employee appreciation week in June, employees are acknowledged in a variety of ways, from simple thank you gestures to evening dinners, departmental team building events including community activities such as TD Tree Days (over 4,300 employees participated in tree-planting last year)
Cultural aspects business-casual dress daily, dress-for-your-day policy, casual dress (e.g. jeans) daily, music while working, concierge services available, employee sports teams, organized social activities for retirees
Employee communications intranet site, company newsletter, traditional/email suggestion box, internal social media
Other in-house communications Connections, an internal social collaboration platform that lets employees create online communities (business, project or personal interest-based), "iD8" platform to encourage employees to share ideas (and also have them reviewed and potentially implemented), 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-contribution (DC) 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 corporate discount program (e.g. retail, services, travel, etc.), discounted home insurance, discounted auto insurance, low-interest home loans, discounted banking and insurance products and services, referral bonuses for some positions, some employees are enrolled in a defined benefit pension plan

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
Paid sick days employees receive 5 days off each year
Health plan includes traditional coverage (e.g. prescription drugs), employee assistance (EAP) plan, medical travel insurance, homecare, medical equipment and supplies, alternative coverage (e.g. acupuncture, naturopathy)
Mental health practitioner benefit up to $3,000 each year
Health spending account up to $250 each year
Additional health plan information as part of the flexible benefits plan, employees can extend coverage as needed with benefits credits that increase from single to family coverage, employees also can select from 3 dental coverage options, in response to the pandemic, the bank launched virtual healthcare to provide unlimited, 24/7 access to a nurse or nurse practitioner from their home via chat or video (in both official languages)
Wellness initiatives online wellness video library, online (confidential) self-assessment tool, wellness discounts (including fitness club memberships, home fitness equipment, dental, spa services, nutritional supplements, weight loss programs, and more)
Family-friendly benefits note TD Bank has multiple employee groups, family-friendly policies may vary by position
Maternity top-up (mothers) up to 100% of salary for 6 weeks
Parental 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 academic scholarships of up to $2,500 per child
Flexible work options flexible work hours, 35-hour work week (with full pay), shortened work week (fewer hours with less pay), compressed work week, telecommuting
Additional family-friendly information corporate membership rates with Kids & Co., which offers emergency child care services, "mix and match" flex work options to allow employees to create a schedule that best suits their needs and formal committees for each line of business to help ensure appropriate work options are implemented and supported across the bank

Vacation & Personal Time-Off Rating: B

Vacation note TD Bank has multiple employee groups, vacation policies may vary by position
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
Personal paid days off employees can schedule 10 personal days off each year, as needed
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, 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), employees can receive up to 3 paid days for educational purposes

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 online recognition platform, individual performance bonuses, on-the-spot rewards, peer-to-peer recognition awards, long-service awards, tailored and unique rewards (e.g. travel), specific line-of-business recognition programs across the bank, the Vision in Action Award of Distinction is the bank's highest honour, recognizing individuals who exemplify the "best of the best" amongst the thousands of employees worldwide
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
Related tuition subsidies employer covers up to 100% of tuition per year
Unrelated tuition maximum employer pays up to $3,000 in tuition subsidies per year for courses unrelated to current position
Education leave educational leaves of absence are available
Unique training & development programs several leadership development and leadership training programs (for all levels), executive coaching and annual Senior Leadership Summit (for SVPs and higher), TD Thrive career development platform (online self-directed learning platform, accessible 24/7)

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 91,419 hours last year
Total number of charities supported last year approximately 2,223 charitable and community organizations were supported last year
Some of the community organizations supported United Way Local Love Fund (a dedicated pandemic support initiative in Toronto), Frontline Fund (in support of healthcare workers during the pandemic), Junior Achievement, Toronto Region Immigrant Employment Council (mentoring for new Canadians), TD Mindpower, TD Tree Days (longstanding tree-planting initiative), United Way, Children's Miracle Network
Charitable giving matches employee donations, matches employee volunteer hours with company donations
Community highlight In response to the pandemic, TD Bank launched the TD Community Resilience Initiative, a comprehensive program that includes funding, employee engagement and collaboration with community-based organizations across Canada and the U.S. (TD has committed $25-million to help organizations working across North America). The bank also introduced a dedicated pandemic relief matching program in support of frontline healthcare and support organizations (TD will match donations dollar-for-dollar, up to $1 million in Canada).

Recognized as one of Canada's Best Diversity Employers (2021):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Best Diversity Employers (2021):

  • TD Bank continues to evolve its approach to diversity and inclusion with a recently refreshed strategy and initiatives directed at the intersections of different identities -- additionally, the bank employs a dedicated talent acquisition team focused solely on sourcing, attracting and advocating for hiring talent from diverse communities
  • TD Bank measures progress towards its diversity and inclusion goals in three primary areas: workforce composition, talent activities and metrics; culture and employee experience of inclusion; and customers' perceptions of the company -- the company has embedded diversity and inclusion questions into its annual pulse survey for ten years and asks employees to self-identify in order to enhance understanding of diverse employee experience
  • TD maintains ongoing partnerships with Career Edge and Lime Connect Canada to hire persons with disabilities, and works with Specialisterne Canada to identify talented neurodiverse candidates
TD Bank employees collaborate at one of the organization's Toronto offices  
When I became a branch manager, I was one of only a few Black branch managers in Ontario. This leadership opportunity inspired me to get involved to help drive change forward. I joined the TD Black Employee Network because I wanted to play an active role and help other Black professionals develop and foster a successful career. I'm proud to work for TD. [...] It gives me a great sense of pride to be a part of TD and to know that everyone has the same opportunities to succeed." Clifton Flushy, Manager, Enterprise Relations and Internal Acquisition

Highlights

Industry Banking
Major Canadian hiring locations Moncton NB, 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 53,694
Senior executive who oversees diversity initiatives Chair of Inclusion and Diversity Leadership Council
Formal commitment inclusion diversity leadership council, committees to address 6 broad areas of focus (women in leadership, visible minorities, people with disabilities, Indigenous peoples, LGBTQ2+, and serving diverse communities), is evolving initiatives towards a more holistic approach directed at intersections of different identity groups
Recruitment initiatives dedicated talent acquisition team focused solely on sourcing, attracting and advocating for hiring talent from diverse communities, recruitment initiatives include balanced shortlists, panel interviews, technology like Textio for inclusive job posts, standardized resumes and blind resumes for some roles, internships for persons with disabilities (through Career Edge), transgender community internships at local TD branches (created in collaboration with an LGBTQ2+ community organization in Montréal)
Retention and development programs conducted listening tours across North America to better understand the lived experiences of diverse employee groups, partnership with Humphrey Group to deliver dedicated leadership training for visible minorities, persons with disabilities, and LGBTQ2+ employees
Employee resource groups Women in Leadership (40 chapters), Forever Proud Network (LGBTQ2+ community), Black Employee Community Network, Chinese, Filipino, Vietnamese, South Asian, and Hispanic Community Networks, AccessAbility (employees with disabilities, nearly 4,000 members), Indigenous Employee Circle,
Training and awareness mandatory inclusion and diversity e-learning, gender identity expression training, unconscious bias and cultural awareness training programs (offered in partnership with several vendors), inclusive leadership strategy to teach managers actionable strategies to engage the full potential of diverse teams and minimize negative consequences resulting from bias
Diversity highlights launched a digital Indigenous Resource Centre dedicated to the past and living history of the Indigenous peoples in Canada, expanded benefits and amenities across the enterprise (increased the number of available prayer rooms, gender neutral washrooms, wellness rooms and mother rooms, also enhanced benefits to accommodate the diverse needs of employees with coverage for doulas, breast pumps and fertility drugs as well as enhanced gender affirmation benefits coverage to include services such as breast augmentation, voice training, and chest contouring, to name a few), 'diversity event in a box' toolkit to create inclusive and accessible events (includes suggested speaker’s list, frequent questions asked, and an accessible event planning checklist), launched an enterprise-wide TDiversity magazine featuring personal stories, interesting articles and timely topics, TD Canada Trust branches offer virtual American Sign Language interpreters (customers may also pre-book in-person sign language interpreters at Canadian branches)
Some of the diversity-focused partnerships Specialisterne Canada (neurodiverse recruitment), Lime Connect, Career Edge, Indspire, Toronto Region Immigrant Employment Council (mentoring for new Canadians), Fife House Foundation, The Big Push (business accelerator program that supports early-stage, women-founded technology companies)
Supplier diversity programs North American supplier diversity program to encourage the inclusion of women, visible minorities, Indigenous peoples, the LGBTQ2+ community, people with disabilities, veterans and other diverse groups in the bank's procurement processes

Recognized as one of Canada's Greenest Employers (2021):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Greenest Employers (2021):

  • Employees across TD Bank volunteer for over 80 green teams across corporate offices and retail branch locations across Canada (and the United States)
  • TD Bank's longstanding TD Friends of the Environment Foundation has provided over $90-million to over 26,000 local environmental projects since 1990 -- employees have been actively involved in numerous initiatives every year, including the flagship TD Tree Days, having planted over 433,000 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 Bank announced the impressive $100-billion investment program (by 2030) for the development of the low-carbon economy, including lending to companies and projects with low-carbon operations and supporting local environmental projects in communities across the country
A TD employee at work in an innovative workspace  

Highlights

Industry Banking
Major Canadian hiring locations Moncton NB, 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 53,694
Part-time employees in Canada 10,920
Employee green team TD Green Teams (80 corporate green teams from offices and branches across North America)
Senior executive who oversees initiatives Head of Environment (est. in 2008)
Formal strategy/policy name environmental policy (available for review online)
Publishes sustainability report yes
Green highlights TD Tree Days (over 10,300 employees planted trees at over 150 locations last year, over 433,000 since 2010), 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, Environmental 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 270 LEED-certified projects within its building portfolio (mostly Gold or higher), including 157 sites with PV installations generating over 2 MW of electricity
Building footprint includes PV solar panels, green roof, electric vehicle charging stations, 83% of new projects received LEED Gold or Platinum certification, 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 58% 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 $90-million to over 26,000 local environmental projects since 1990), Nature Conservancy of Canada (sponsored cross-country speaker series "NatureTalks"), Dow Jones Sustainability Index (6th consecutive year), New Acre Project (ALUS Canada program that invests in environmental projects on local farms and ranches)

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.
A TD employee, outside a retail branch

Highlights for New Grads

Industry Banking
Full-time employees in Canada 50,000+
Major Canadian hiring locations Moncton NB, 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. An MBA, or education in advanced mathematics and statistics, computer sciences and software engineering may also be an asset.
Typical new grad positions 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
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

Academic fields recruited


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