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TD Bank Group
A TD Bank employee at an office location  

Recognized as one of Canada's Top 100 Employers (2022) and Greater Toronto's Top Employers (2022):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Top 100 Employers (2022) and Greater Toronto's Top Employers (2022):

  • 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 helps employees plan for life after work through retirement planning assistance services, along with a defined contribution pension plan and access to the health benefits plan upon retirement (premium coverage varies) -- and employees may be able to take advantage of phased-in work options to help ease into retirement
  • TD Bank has continued to support employees during the pandemic through a number of innovative and generous ways, starting with additional financial payments for employees who were required to come into work early in the pandemic, additional paid days off, enhanced virtual health care services, and technical support for employees working from home for such an extended duration -- and continues to work with employee groups across the bank in designing future workplace models as the situation evolves
A TD Bank employee at their home workstation  

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 55,292
Part-time employees in Canada 9,319
Full-time employees worldwide 80,395
Workforce engaged on a contract basis 0.49%
Average age of employees in Canada 38.6 years
Longest serving employee 56.7 years

COVID-19

Pandemic response moved thousands of employees to moved to work-from-home arrangements (ensuring employees could take home needed technology), offered a monthly subsidy of $100, provided a one-time $1,000 award to essential employees who were required to work onsite during the pandemic, extended paid personal days for all employees facing new child care and elder care responsibilities, conducted a massive online Colleague Connection survey early in the pandemic to better understand the impacts on employees and continues to work with employee groups to discuss and design a future workplace model

Physical Workplace Rating: B+

Editorial note due to the pandemic, some workplace amenities may be temporarily unavailable
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, private phone booth, nap room, religious observance room
Employee lounge amenities comfortable seating, television, 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
Onsite fitness facility shared-use facility, nearby car-share service (Zipcar)

Work Atmosphere & Communications Rating: B

Company organized social events yes
Past social events annual "We Make TD" annual employee appreciation week in June (acknowledge employees from simple thank you gestures to evening dinners to departmental team building events)
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), alumni relations website for retirees, increase leadership podcasts on the TD Podcast Network, dedicated Covid Colleague Resource page (central hub for updates)

Financial Benefits & Compensation Rating: A+

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 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, podiatrist, osteopathy, chiropractor, alternative coverage (e.g. acupuncture, naturopathy), virtual healthcare services
Mental health practitioner benefit up to $3,000 each year
Fitness club subsidy up to $429 each year
Additional health and wellness initiatives online wellness video library, wellness discounts (including fitness club memberships, home fitness equipment, dental, spa services, nutritional supplements, weight loss programs, and more)
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 phased-in return to work for new parents, 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 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

Employee Engagement & Performance Rating: A+

Employee performance reviews employees receive individual performance reviews every 6 months
Managers receive performance review training yes
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 (the bank's highest honour)
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
Tuition subsidies (unrelated to job) yes
Education leave educational leaves of absence are available
Unique training & development programs TD Thrive career development platform (online self-directed learning platform that is accessible 24/7), paid educational 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 80,000 hours last year
Total number of charities supported last year approximately 1,587 charitable and community organizations were supported last year
Charitable giving matches employee donations, matches employee volunteer hours with company donations
Community highlight One of Canada's largest corporate donors, TD Bank donated over $90-million to charitable initiatives across the country last year, including managing the TD Ready Challenge that works with the nonprofit sector in addressing some of the most pressing issues facing modern day society (offering $10-million in grants annually)
Pandemic-related community initiatives TD Ready Commitment Network adapted to include an array of virtual and contact-free volunteer opportunities for employees, including virtual volunteering and community leadership, fundraising initiatives, and finding ways for employees connect to their local communities. Created the Frontline Fund (with $1-million available) to assist Canadian front-line health care workers in fighting the pandemic and launched the TD Community Resilience Initiative in support of community-based organizations across Canada and the U.S. -- the bank committed $25-million to help over 500 organizations working across North America in addressing the impacts of the pandemic.

Recognized as one of Canada's Best Diversity Employers (2022):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Best Diversity Employers (2022):

  • TD Bank measures progress towards its diversity and inclusion goals in three 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 since 2011 and asks employees to self-identify in order to enhance understanding of diverse employee experience
  • TD Bank launched a new diversity and inclusion strategy with multiple areas of focus, and introduced a Black experience area of focus, setting targets to increase the representation of Black, Indigenous and other minority professionals within the organization -- the bank committed to doubling the representation of Black executives by 2022 and made a broader and longer term commitment to increase minority executive representation across the bank by 50 per cent by 2025 (this includes a specific focus on Black and Indigenous talent)
  • In 2020, TD Bank rolled out a number of new training programs on topics such as understanding Black experiences, anti-racism and anti-Black racism, and gender identity evolution
A TD Bank employee at a contact centre location  
I valued the personal stories of each speaker and the importance of being an ally for the LGBTQ2+ community at the TD Virtual Pride Event. By taking the time to listen and understand, we can all help support one another and realize that our differences make us stronger and unite us. Anonymous

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 55,292
Management of diversity and inclusion initiatives diversity and inclusion initiatives support 6 areas of focus, each led by senior executives and supported by dedicated senior managers from the corporate diversity and inclusion team (areas of focus include women in leadership, visible minorities, people with disabilities, Indigenous peoples, LGBTQ2+, and Black experiences)
Performance management and accountability Board Diversity Policy to ensure diversity criteria is considered for qualified candidates, TD also sets goals for representation of women and recently committed to doubling the representation of Black executives by 2022 as well as increasing minority executive representation across the bank by 50 per cent by 2025 (this includes a specific focus on Black and Indigenous talent)
Employee resource groups over 25,000 employees participate in diversity-related networks, ERGs include Women in Leadership (40 chapters and over 13,000 members), Forever Proud Network (LGBTQ2+ community), Black Employee Network, Chinese, Filipino, South Asian, and Hispanic Community Networks, AccessAbility (employees with disabilities, nearly 4,000 members), Indigenous Employee Circle
Noteworthy diversity strategies and policies 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
Recruitment initiatives dedicated talent acquisition team focused solely on sourcing, attracting and advocating for hiring talent from diverse communities, internships for persons with disabilities (through Career Edge), TDI Indigenous internship program (participants gain hands-on experience in the insurance business), partnership with Specialisterne to employ professionals who identify with autism or other forms of neurodivergence
Retention and development programs partnership with Humphrey Group to deliver dedicated leadership training for visible minorities, persons with disabilities, and LGBTQ2+ employees, Leaders in Action program (President and CEO and direct reports mentor VPs and AVPs, 40% of whom are diverse)
Training and awareness initiatives conducted listening tours across North America to better understand the lived experiences of diverse employee groups, rolled out a number of new training programs in 2020 on topics such as understanding Black experiences, anti-racism and anti-Black racism, Indigenous cultural awareness, and gender identity evolution management, manages an inclusive leadership curriculum to help people managers identify biases and non-inclusive behaviours, hosted a global diversity and inclusion summit (with over 6,000 participants), hosted 100 virtual events and celebrations to recognize important dates (International Transgender Day of Visibility, Pride, National Indigenous History Month, Black History Month)
Diversity highlights enhanced gender affirmation benefits coverage to include services such as breast augmentation, chest contouring/masculinization, facial feminization, tracheal shave and voice training, launched a digital Indigenous Resource Centre dedicated to the past and living history of the Indigenous peoples in Canada, invested more than $90-million through the TD Ready Commitment for social and environmental impact in the non-profit sector in 2020 in Canada (includes an allocation of $17.5-million to address the immediate and long-term impacts of racism and promote a more equitable future)

Recognized as one of Canada's Greenest Employers (2022):

Here are some of the reasons why TD Bank Group was selected as one of Canada's Greenest Employers (2022):

  • TD Bank has a formal program to purchase renewable energy credits equivalent to 100 per cent of the electricity used in both Canada and the United States -- the bank has also introduced numerous on-the-ground initiatives, from diverting 100 per cent of e-waste for proper recycling to significant paper consumption reductions (59 per cent over the 2010 baseline year)
  • TD Bank boasts many green "firsts," from establishing a senior head of environment position back in 2008, to being the first bank to issue a green bond in 2014 (that was followed by a bigger issue in 2017) -- that bank has also introduced an 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
  • TD Bank's longstanding TD Friends of the Environment Foundation has provided over $100-million to over 28,000 local environmental projects since 1990 -- employees have been actively involved in numerous initiatives every year, including the flagship TD Tree Days, having planted over 435,000 trees since 2010 -- and adapted during the pandemic by donating over $500,000 to organizations in support of their tree-planting projects
A TD Bank employee participates in a community event before the pandemic  

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 55,292
Part-time employees in Canada 9,319
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 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), ongoing paperless banking initiatives to reduce paper consumption
Noteworthy initiatives recently established the TD ESG Centre of Expertise (forum to bring in-house experts together to address global efforts in transition to a low-carbon and inclusive economy), launched the first-ever TD Sustainability Bond (a 3-year $500-million issuance to support environmentally or socially responsible initiatives, including green buildings, clean transportation and access to essential services such as health care and affordable housing), TD Asset Management (recently launched 2 new environmentally-focused mutual funds)
Building footprint includes PV solar panels, green roof, electric vehicle charging stations, over 270 LEED-certified projects within its building portfolio (including 157 sites with PV installations generating over 2 MW of electricity -- the bank has averaged 15 solar onsite installations annually since 2010)
Extended recycling e-waste (diverts all e-waste from landfill through recycling programs), paper reduction program (uses 59% 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 TD Friends of the Environment Foundation (provided over $100-million to over 28,500 local environmental projects since 1990), Dow Jones Sustainability Index (7th consecutive year), Earth Week (variety of initiatives across the bank, from lunch 'n learns to tree-planting initiatives -- and hosted virtual events during the pandemic to engage employees and families), TD Tree Days (has planted almost half a million trees since 2010 -- paused during the pandemic but donated over $500,000 during the pandemic for community planting initiatives)

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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