Laurentian Bank Reviews

Updated February 24, 2015
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2.4
15 Reviews
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Laurentian Bank President and CEO Réjean Robitaille
Réjean Robitaille
7 Ratings

Employee Reviews

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  1. Market Risk and Valuation Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Market Risk and Valuation Analyst in Montreal, QC (Canada)
    Former Employee - Market Risk and Valuation Analyst in Montreal, QC (Canada)

    I worked at Laurentian Bank full-time (More than a year)

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

    Pros

    Human size bank. You're not just a number and you easily get to know other employees at different levels in other departments.

    Cons

    Mobility is possible but looked slow to me.

    Advice to Management

    Improve the career dynamics for employees, especially for the younger.

  2. business analyst

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

    I have been working at Laurentian Bank

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    meduim company size friendly people possibily of rapid promotion

    Cons

    needs to promote more the integration of new employee

  3. Great company to work for!

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

    I have been working at Laurentian Bank

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

    Pros

    Great colleagues, decent wage scale + benefits.

    Cons

    ???? Company can be slow to promote from within.

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  5. Great for Career Growth

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

    I have been working at Laurentian Bank full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    There is a tremendous amount of opportunity to learn and develop both functionally and personally. The learning opportunities are really good.

    Cons

    The structure of the bank is really different from other banks and financial institutions. Head Office is in Quebec and all the other offices/branches are satellite offices. This presents a different set of challenges logistically.

  6. very very very bad!

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

    I worked at Laurentian Bank full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    good working hours - monday to friday (but full time job is only 32h per week), pay is ok, most coworkers are friendly.

    Cons

    understaffed, very stressfull, big lines of customers all the time, manager never teach a thing, a lot of presser to sell credit cards, you have to learn new things by yourself during the work. computers offten are out of order. everybody are stressed around.

    Advice to Management

    give a good training! be realistic about u credit cards!! staff change every week!

  7. Helpful (1)

    Good school to learn as a rookie in the financial industry. But run as soon soon as you can!!!

    Current Employee - Account Manager in Montreal, QC (Canada)
    Current Employee - Account Manager in Montreal, QC (Canada)

    I have been working at Laurentian Bank full-time (More than 3 years)

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

    Pros

    Nice schedules for life balance. Unionised.

    Cons

    Difficult to attract new clients as the institution is seen as second class bank. Under funded. Hardly any budget for anything. Misery is the moto.

    Advice to Management

    Invest in your human capital. Make your branches attractive. Make yourself known. Considering how the competition is getting stiff, invest more to make yourself known.

  8. Helpful (4)

    Abysmal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager in Montreal, QC (Canada)
    Current Employee - Account Manager in Montreal, QC (Canada)

    I have been working at Laurentian Bank full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good entry level job but not a place you want to stay at for too long. You get experience dealing with difficult people and situations.

    Cons

    - Poor leadership.
    - Outdated systems.
    - Political work environment.
    - High turnover.

    Advice to Management

    Change up the leadership core. This is the 21st century and management behaves like its still in the 1900's.

  9. Great place to work in Québec

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Montreal, QC (Canada)
    Current Employee - Financial Advisor in Montreal, QC (Canada)

    I have been working at Laurentian Bank full-time (More than a year)

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

    Pros

    Good benefits as employee (health insurance, maternity)
    After 5 years of services increase 4 weeks holidays
    Discount for mortgage rate, banking plan, line of credits.

    Cons

    Bank based more in Québec.
    Small bank with no really publicity in medias. Sometimes difficult to find new clients.

  10. Helpful (4)

    Extremely Short-Staffed Company with Zero-People Management Skills

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

    I have been working at Laurentian Bank full-time (Less than a year)

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

    Pros

    I honestly cannot think of a good thing other than if I have to say is the people (employees) work there. A majority of them are good dedicate employees.

    Cons

    Senior Management is basically just sit in their office and not really come out and chat with their staff to see how stressful they are. They don't really care. Everyday it's like sailing in the rough sea in a sinking Titanic! Outdated Technology. Everyday something new about the system!

    Advice to Management

    Seriously learn from other banks and see why they are a success!

  11. Helpful (1)

    Company growth at what cost?

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

    I have been working at Laurentian Bank full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Their objective is to grow their market share and become more competitive

    Cons

    Growth of the company has come at a cost to clients(service) and staff(value)

    Advice to Management

    Stronger leadership from executives and re-focus on what's important for any successful company - your customers and employees

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