As one of Canada’s Top 100 Employer for over ten consecutive years, we offer a superior work environment that rewards innovation, inclusion, and collaboration. Our dynamic workplace will challenge, energize and motivate you to be your very best and will provide opportunities for career growth and professional development. 

Our Compensation and Benefits

We provide a competitive total compensation and benefits package which can be reviewed periodically that is designed to meet the needs of employees at every stage of their lives and includes:

  • base salary
  • performance pay for regular and term employees (short-term employees are not eligible)
  • 20 days vacation on appointment for regular and term employees and 25 days after 17 years of service
  • a flexible benefits package for regular employees where they can choose the level of health, dental, disability and life and/or accident insurance coverage that meets their needs (single or family)
  • a flexible benefits package for term employees where they can choose the level of health and dental coverage that meets their needs (single or family)
  • a Defined Benefit Pension Plan which is fully indexed. Term employees have the option to join after 24 consecutive months of service

Our Personal and Family-Friendly Leaves and Flexible Work Arrangements

* Note that certain benefits and leaves are only available to regular employees

  • Maternity leave top-up (93% of salary for up to 15 weeks if eligible for employment insurance) *
  • Parental leave top-up for mothers, fathers and adoptive parents (93% of salary for up to 12 weeks if eligible for employment insurance) *
  • Compassionate care leave top-up (93% of salary for up to 28 weeks if eligible for employment insurance) *
  • Family caregiver leave top-up (93% of salary for up to 35 weeks (child) or 17 weeks (adult) if eligible for employment insurance) *
  • Flexible work options (flexible hours, telework, shortened work week) 
  • Personal leave (up to 5 paid days per year when required; up to 2 years unpaid)
  • Birth/Adoption leave (1 day per birth/adoption)
  • Moving day (1 move day per year when required)
  • Self-funded leave (up to 52 weeks) *
  • Additional paid time off (e.g. bereavement leave, jury duty, etc.) 
  • Medical Leave (100% of salary for up to two consecutive work weeks of absence)
  • Short-term disability leave (up to 26 weeks) and long-term disability benefits *   

Our Commitment to Professional Development and Growth 

Note: Some of the professional development opportunities may be offered to term employees at leader discretion.

  • Regular 1:1s with leaders to discuss work progress, performance and development
  • Tuition assistance (covers up to 100% of eligible expenses for courses related to an employee’s current or future career at the Bank and up to 75% of eligible expenses for courses that are not directly related to a maximum of $7,000 per year) (short term employees are not eligible)
  • Reimbursement of professional designation fees for membership 
  • In-house training for employees and leaders (e.g. Emerging Leader Program, Core Leadership Development Program, Leadership Essentials/Orientation, Employee Orientation and Core Competency Workshops)
  • Tools and resources to support career development
  • Retirement planning workshops
  • Temporary assignments (regular employees) and job shadowing that provide opportunities for employees to broaden their exposure to and experience with different areas of the Bank
  • Secondments with partner organizations (domestic & international) (regular employees)
  • Mentoring program
  • Second language training
  • Learn at work week for professional development
  • Learning events and conferences
  • Communities of practice (e.g. The Green Team, Project Management Exchange, Facilitators Community of Practice, Toastmasters Club)

Our Commitment to your Wellness

  • On-site fitness center with subsidized membership and daily group exercise classes at Head Office
  • Fitness allowance for employees in regional offices that don’t have access to an onsite facility
  • Wellness Centre at Head Office (offers a quiet lounge space, wellness library, room for meditation, stretching or prayer, a private space for nursing mothers, a light therapy lamp and blood pressure monitors)
  • Employee and Family Assistance Program
  • Annual Wellness Month, which offers programming to support employee wellness and healthy living
  • On-site cafeteria at Head Office (offering healthy and special diet menus)
  • Secure indoor bicycle parking
  • Sit-stand workstations are provided, and ergonomic consultations if required
  • Support for workplace accommodation at work

Our Inclusive Work Environment

  • Engagement surveys and pulse checks
  • Awards of Excellence ceremony
  • Service recognition Milestones Reception
  • Departmental recognition programs 
  • Building Our Community charitable campaign
  • Employee resource groups (voluntary, employee-led groups that promote learning and sharing for women, people with disabilities, racialized, LGBTQS+, Francophones/Francophiles and new employees)
  • Communities of Interest (e.g. Mindfulness and Meditation, Bank of Canada Choir)
  • Annual end-of-year Governor’s Holiday Reception
  • Annual hockey and golf tournaments

This information is provided for informational purposes only and its contents are subject to change without notice.