BMO Financial Group
3.2 of 5 423 reviews
www.bmo.com Toronto, Canada 5000+ Employees

BMO Financial Group Reviews

Updated Jul 7, 2014
All Employees Current Employees Only

3.2 423 reviews

                             

75% Approve of the CEO

BMO Financial Group President and CEO, BMO Financial and Director Bill Downe

Bill Downe

(199 ratings)

63% of employees recommend this company to a friend
423 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Good work life balance in certain groups"
    in 36 reviews
  • "Good benefits- especially 6 Weeks parental leave,"
    in 22 reviews
Cons:
  • "Bad work life balance in others"
    in 8 reviews
  • "The sales targets are ridiculous and very hard to meet month by month"
    in 14 reviews
  • Show more review highlights

Reviews

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    Customer Contact Manager

    Customer Contact Agent (Former Employee)
    Toronto, ON (Canada)

    ProsFlexible, growth, and great managers

    ConsThe work environment is always on the phone

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    Good

    Anonymous Employee (Current Employee)

    Prosoppurtunity is there ; Howrver it it is not well managed

    ConsNot so good environment liitle support

    Advice to Senior ManagementN/A

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    very good experience

    Senior Technical Specialist (Current Employee)
    Toronto, ON (Canada)

    Prosvery good work environment

    ConsProcesses take longer than expected

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    Awesome

    Anonymous Employee (Current Employee)

    ProsCareer oportunities great as long as you're willing to put in the work. If you think you're going to put in 40 hours a week and be great, you're wrong. Superb values, and management that cares.

    ConsWe let people underperform for too long.

    Advice to Senior ManagementBetter define budgets for branches in order for them to be able to better leverage their markets.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Portifolio analyst

    Analyst (Former Employee)
    Calgary, AB (Canada)

    ProsGood all round banking exposure

    ConsTight turnaround times, changing policies and procedures.

    Advice to Senior Managementnon

    Yes, I would recommend this company to a friend

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    Good Benefit, low salary compared to other banks

    Technical Specialist (Current Employee)
    Toronto, ON (Canada)

    ProsBenefits are good, management consider the situation of each employee specially when family issue occurs.

    ConsCareer growth is too slow, often time your grade stays for 8 year long.

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    Poor first-line management and long hours work

    Business Analyst (Current Employee)
    Toronto, ON (Canada)

    ProsOk for the benefits and compensation while salary is a bit lower comparing with other banks.

    ConsPoor first-line management - although top management emphasis people (employee) is one of the keys for the success of the company's success, however, many first-line managers do not treat their employee well with respect and appreciation. Those first-line managers only care about results, their promotion instead of employees' efforts.
    Long hours overtime without management support.

    Advice to Senior ManagementTreat employee with respect, appreciation and fairly.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Disappointed

    Commercial Account Manager (Current Employee)
    Toronto, ON (Canada)

    ProsLearning, they invest good money in their employee education
    Defined Benefit Pension Plan

    ConsVery low salary when compares to same position in other FI
    Very conservative risk appetite
    No career planning, opportunities only to the connected one, regardless of their performance
    Nepotism is well and alive in this institution

    Advice to Senior ManagementStop pretending that your salaries are competitive against the market.
    Create a clear and transparent career plan for your employees.

    No, I would not recommend this company to a friend

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    old school

    T&O Specialist II (Current Employee)
    Toronto, ON (Canada)

    Prosgood life-work balance, no overtime work, not much travel

    Consobsolete technology, old school management

    Advice to Senior ManagementRetain talent better. Average employees are awarded with 1.5% annual insentive pay. Great employees are awarded with 2%. This is rediculous.

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    It was a good job, as a CSR and FSC

    Anonymous Employee (Former Employee)

    ProsBenefits, hours, pay is better than minimum wage

    Conslow employee morale. Not a great chance for you to move up unless you know someone.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at BMO Financial Group reviews and ratings — including employee satisfaction and approval rating for BMO Financial Group CEO Bill Downe . All 423 reviews posted anonymously by BMO Financial Group employees.