Workplace › Responsible Employer

Responsible Employer

As a responsible employer, we work hard to create a workplace culture in which our employees feel inspired, valued, healthy and safe.

Recruitment

TD continues to invest significantly in campus programs to attract and develop the next generation of leaders. For example, we provide paid internships, have co-op programs with colleges and universities and offer unique rotational programs that allow recent graduates to explore different career options at TD while building their network and industry knowledge. Both interns and early-career hires receive mentorship from senior employees on career development.

Compensation

TD provides employees with a comprehensive total rewards package that includes a combination of base salary, incentive compensation, benefits, and retirement and savings plans. The bank's philosophy is to provide a competitive package that is tailored, as appropriate, to the different practices of the locations in which the bank operates. In 2016, we spent $9.3 billion globally on compensation and benefits. Compensation programs are designed to be fair and administered without discrimination, and we conduct market research to ensure that our total rewards programs are competitive within our industry.

Retirement and Benefits

As part of TD’s investment in employee well-being, we offer a comprehensive benefits plan, including medical, dental and insurance options that provide choice and flexibility to best meet the changing needs of our employees and their families. We are also proud to offer a robust compensation package, an employee share ownership plan (Canada), a competitive defined benefit pension plan (Canada) and 401(k) (U.S.) and group savings plans to help employees meet their financial goals.

Supporting Work/Life Flexibility

Part of maintaining the physical and mental well-being of our employees involves supporting personal decisions to help balance work with demands on their personal time. We provide flexible work options to help managers and employees think creatively about how, when and where work is accomplished.

Programs that Support Work/Life Flexibility:
Unpaid Leave
  • Compassionate care leave of up to 26 weeks to care for a family member who is gravely ill. Up to 52 weeks of leave for parents caring for a critically ill child. Up to 104 weeks of leave for employees whose child has disappeared or died due to a criminal act. Up to 12 months of leave for Canadian Reserve Forces active duty. Personal leaves of absence for periods of 1-12 months (Canada).
  • Up to 12 weeks of Family Medical Leave for care of a family member with a serious medical condition (U.S.)
Paid Leave
  • 1 day to attend convocation ceremony. 1 day to attend Citizenship ceremony. Up to 3 days per year to attend to education requirements, such as examinations. Bereavement leave of 1-5 days depending on relationship to deceased and distance to travel. Canadian Forces Reservist training leave of up to 15 days per year. (Canada)
Parental Leave
  • Employees are entitled to up to 52 weeks of unpaid maternity/parental leave. TD provides a six-week income top-up, over and above the government childcare benefits for the mother, father, biological or adoptive parent (Canada).
  • TD enhances statutory maternity pay to 18 weeks’ regular pay for maternity and adoption leave.
  • In line with UK law TD provides shared parental leave up to 12 months (inclusive of maternity leave). Shared Parental Leave gives eligible parents the flexibility to enjoy shared rights to maternity or paternity leave and pay, allowing eligible parents to choose how to share the care of their child during the first year of birth/placement (UK).
  • Up to 12 weeks of unpaid Family Medical Leave following birth or adoption of a child (U.S.)
Gradual Return
  • Gradual return-to-work programs are offered to employees returning from a leave (Canada)
Volunteering
  • Paid time off for volunteering in the community during regular working hours (Canada)
Flextime
  • In Canada, the UK and the US we offer flexible hours, part-time, telecommuting, a compressed work week and an extended work week.
Job Partnership
  • In Canada, the UK and the US we offer job partnership, which allows employees to share a position with another TD employee, allowing them the flexibility to work reduced hours.
Flexible Place
  • Eligible employees in Canada can choose where they work, be it home, their normal TD location or another suitable working environment.