BMO Financial Group Reviews

Pros

At my branch, people are in general very nice and friendly. Office politics is low, which is great especally since I have heard some stories from other branches who are not as tight-knit.

Cons

Managers need to be better trained on how to motivate people - simply expecting you to do a good job will not be enough over the long run. Also, part-timers should be given opportunity to advance in the company - currently this is extremely difficult if not impossible for a part-time to be something other than greeter or CSR.

Pros

People and management are generally decent.

Cons

Opportunities exist to move laterally

Advice to Senior Management

Promote and recognize your best people, don't fill senior positions with unknown newcomers with fancy buzzwords on their resumes.

Pros

job security - there are ppl who can get away with taking lengthy leaves for whatever reason and not get fired

simply put, they simply won't fire you for anything that you do

Cons

-incompetent managers (ppl who have no business running the show somehow just became mgrs out of nowhere)
-inquality (ppl get promoted based seniority and who they know)
-sub-par compensation compared to the like of TD, RBC, HSBC, or smaller banks

Advice to Senior Management

-hire mgrs who are educated/seasoned and not just any random joe's with 15+ yrs of seniority
-clean out the "garbage" in the dept and reward the ones who are putting in hard work day in and day out

Pros

-very good training if you want to work in the financial industry
-very easy to move into another position you just need to reach your targets after 6 monts or 1 year depending on your manager too.

Cons

-too many people talking behind your back (i was very disapointed about that)

Advice to Senior Management

BMO teached me strong value how to earn the trust of a client and how to keep a loyal customer, do not take anything for granted, work very hard because it is a fast paced environement.
i was not really happy about the salary because i was also giving myself more than 100% and comparing to other financial institution i can have more
but it was a good experience for my carreer.

Pros

-big organization
-smart and competent people you get to work with
-lots of opportunities within the company
-great place to start off your career

Cons

-sometimes lack of support from the management
-training was loose
-turn over the rate is high. Company can't keep talented people stay for long

Advice to Senior Management

It would be better if the management opened up the communication with the employees and tried ways to motivate people.

Pros

Decent place to work for entry level, great benefits.

Cons

Good entry level, but don't stay in the Contact Centre too long, career progression is limited.

Advice to Senior Management

Great mentoring, career progression is valuable.

Pros

Good people
Good product
Good customer Service

Cons

Low Pay
Short Staff
Not much of values for employees

Advice to Senior Management

Spend more time satisfying your employees...
The more satisfied employee are, the more productive they'll be, thus, more success is guaranteed for the company.

Pros

fun and energetic, always changing. company is in a good place in the market and poised to grow. lots of room to move up

Cons

salary could be higher, but that will be the same issue with all the big banks in canada. . te adha

Pros

- A lot of opportunities for advancement.
-Great benefits
-Good Corporate culture

Cons

Doesn't have a bottom up appraisal on some office managers in questions.

Pros

great for a summer. lots of advancement opportunities for people without high education and understanding management willing to help employees.

Cons

specialized fields have very few openings. most business fields are located in toronto and montreal has very few advancement opportunities

Advice to Senior Management

to keep doing a good job by listening to employees who actually are on field and can provide good feedbacks.