BMO Financial Group Reviews in Toronto, ON Area

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

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

-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

Education funding, Brand recognition, Compensation

Cons

Willingness to hire via temporary contract instead of full time and have to pay benefits.

Pros

managers respect their staff in general
good life & work balance
decent work location & environment
relatively clear processes & people respect processes

Cons

compensation is not competitive
low trust from business partners towards IT departments
unclear / unjustified promotions
short vision on staffing & GR engagement

Advice to Senior Management

99% accurate estimation is not a realistic objective
Some Managers should put more focus on permanent staff
Lessons from previous projects should be learned

Pros

Good work life balance for senior managers.

Cons

it is a large company.....lots of paperwork and politics

Advice to Senior Management

talking about being agile...does not make you agile

Pros

- Good benefits
- Competitive salary

Cons

- So many lines of business difficult to move into other areas
- Not all roles are created equal. Cost centers are difficult places to work

Pros

The colleagues around me help get through the days

Cons

Too many projects and meetings.

Pros

Good management
Good life balance. Seldom OT.
fair opportunity to move to other position. Very good training. I turn myself into better person overall.

Cons

The pros will be limited if you have a bad manager. Salary is ok but good bonus if you work hard on sales ranking. Sales target will be increased every year no matter what.

Advice to Senior Management

Area manager needs to be consistance. Changing focus every year is not good. High turn over needs to be address. But that natural of the branch world