There are newer employer reviews for BMO Financial Group
There are newer employer reviews for BMO Financial Group

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Helpful (1)

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

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
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)

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

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.

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  1. People are great, great company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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.


  2. Helpful (2)

    Just another evil bank

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Service Manager
    Current Employee - Financial Service Manager

    I have been working at BMO Financial Group full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Not any I can think of...... I guess it's better than collecting welfare. Maybe.

    Cons

    Employees are totally over worked and under paid. I came in all idealistic and ready to start my career in the corporate world, but soon found out that unless you're willing to sell your soul, kiss ass, and take advantage of little old ladies with big pension cheques, you weren't going anywhere fast. After 5 years of witnessing more and more hypocrisy and underhandedness I just want to warn off anyone thinking of coming to work here. Take my advice, keep your karma clean and find somewhere else to work, otherwise you just might end up hating the person you see in the mirror everyday.

    Advice to Management

    Stop trying to sugar coat your greed as "financial solutions." At least be honest about who you are: A huge corporation of fat cats who have convinced themselves that they "do good" in the world. Instead of telling your employees how great the company is - PROVE IT!


There are newer employer reviews for BMO Financial Group
There are newer employer reviews for BMO Financial Group

See Most Recent

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