There are newer employer reviews for BMO Financial Group

1 person found this helpful  

Dependable and Fun, but political and career progression depends on your individual department/manager

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Project Manager in Toronto, ON (Canada)
Current Employee - Project Manager in Toronto, ON (Canada)

I have been working at BMO Financial Group full-time (more than 8 years)

Pros

Very predictable, not a lot is expected of you so if you do more than expected, you get noticed. Nice people, can make a difference if you try. Salaries seem a bit lower compared to peers, but fewer layoffs / firings. Actually very difficult to get fired. Senior senior management seems to be on track to meet targets.

Cons

Promotion is not always (often?) based on merit, often based on internal politics. For an allegedly data driven organization senior management is often too sensitive to political concerns than what the data is suggesting - particularly if the suggested course of action is new or "radical". Lifers (30 year plus) vets jealously guard their positions. While those at the highest levels of management impress, middle management seems scared / afraid to innovate.

Recommends
Neutral Outlook
Approves of CEO

483 Other Employee Reviews for BMO Financial Group (View Most Recent)

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  1.  

    People are great, great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Coquitlam, BC (Canada)
    Current Employee - Customer Service Representative in Coquitlam, BC (Canada)

    I have been working at BMO Financial Group part-time (less than an year)

    Pros

    People are nice, most of them have been there for 10 years plus. They seem very tight knit. All the manager were CSRs back in the day. Showing that there is potential to move up.

    Cons

    Have been cutting hours for some and hiring others.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great environment, slow progress.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Banking Officer in Montreal, QC (Canada)
    Former Employee - Private Banking Officer in Montreal, QC (Canada)

    I worked at BMO Financial Group full-time (more than an year)

    Pros

    Great benefits, great company culture, great training

    Cons

    Slow to move up the ladder

    Advice to ManagementAdvice

    Pay attention to the most motivated employees, move them to bigger things fast or you will loose them.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for BMO Financial Group

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