BMO Financial Group Reviews in Canada | Glassdoor

BMO Financial Group Canada Reviews

Updated April 25, 2017
740 reviews

Filter

Filter

Canada

3.5
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
337 Ratings

740 Employee Reviews

Sort: Popular Rating Date

Pros
  • BMO has always offered me with great work-life balance (in 95 reviews)

  • Workable environment and good benefits (in 87 reviews)

Cons
  • Work life balance has gotten worse over time (in 39 reviews)

  • Hard to move up from my position but good since entry level (in 22 reviews)

More Pros and Cons

  1. "Decent company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associaate in Toronto, ON (Canada)
    Current Employee - Sales Associaate in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company to work for

    Cons

    Politics can be quite a drag


  2. "Administration"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrator in Toronto, ON (Canada)
    Current Employee - Administrator in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time (Less than a year)

    Pros

    Decent pay for entry level. Decent benefit with medical as well dental and eye vision every 2 years, lot of networking opportunity

    Cons

    Hard to move up from my position but good since entry level. Benefits could be better. Pay raise is less each year


  3. Helpful (1)

    "Investment Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Specialist in Toronto, ON (Canada)
    Former Employee - Investment Specialist in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BMO Financial Group full-time (More than 3 years)

    Pros

    The people you work will make your time easier or harder so get a long and know your place. Great bonus structure

    Cons

    Tough targets. Very tough target to achieve to get bonus and pure luck. Really dependent on your boss for career progression.

    Advice to Management

    More employee appreciation initiatives.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Customer Service Representive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Cambridge, ON (Canada)
    Former Employee - Customer Service Representative in Cambridge, ON (Canada)
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at BMO Financial Group full-time (More than 10 years)

    Pros

    Employee Benefits
    Discounts on Lending products.
    Client interaction

    Cons

    Heavy sales targets expectations which bring on high levels of Stress Leaves.

    Advice to Management

    You advertise BMO is all about our customers and being personal. It impossible to take time with client issues in less than 3 minutes.


  6. "Mortgage Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Specialist in New Toronto, ON (Canada)
    Current Employee - Mortgage Specialist in New Toronto, ON (Canada)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Flexibility
    Earning potential
    Networking
    Personal growth
    ability to make big buck when the market is hot.

    Cons

    Training isn't at par compared to other FI.
    Stress
    Branch hates mortgage specialists

    Advice to Management

    no mentorship,


  7. "Senior Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Toronto, ON (Canada)
    Current Employee - Senior Manager in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BMO Financial Group full-time (More than a year)

    Pros

    Good stable company. Good management. Take care if their people. Large organization. There opportunities to grow. Good pay and full benefits (health, dental)

    Cons

    Overall I am very satisfied. One can improve the information technology side. The computers are very slow. Even to order extra RAM is a painful process.

    Advice to Management

    Keep the good job.


  8. "Associate Everyday Banking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Montreal, QC (Canada)
    Current Employee - Anonymous Employee in Montreal, QC (Canada)
    Recommends
    Positive Outlook

    I have been working at BMO Financial Group full-time

    Pros

    Good support for management, good opportunities. Flexibility. Lie/work balance

    Cons

    Salary not competitive enough

    Advice to Management

    More tools to assist customers


  9. "VP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Marketing in Toronto, ON (Canada)
    Current Employee - Vice President, Marketing in Toronto, ON (Canada)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Stable, Capital strength, Global, Prominent,

    Cons

    Stressful, demanding, Leadership is indecisive

    Advice to Management

    self-starter is a requirement


  10. "Account Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Specialist in Mississauga, ON (Canada)
    Former Employee - Account Specialist in Mississauga, ON (Canada)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Great benefits, good bonus, good enviroment

    Cons

    A lot of politics, hard to move up, increases are 1%, a lot of work for the pay.

    Advice to Management

    Encourage people to provide an honest feedback/review and respect that. People is afraid to provide a feedback because you get targeted by management.


  11. "Bank of Montreal Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Waterloo, ON (Canada)
    Current Employee - Customer Service Representative in Waterloo, ON (Canada)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Easy. Decent pay for students or those with not a lot of experience. Benefits if you are permanent. Good summer or part time job.

    Cons

    Poor pay for those who work full time. poor work culture, employees are not treated with respect. Most of management is poorly trained, inconsistent rules and policies.

    Advice to Management

    Re-strategize! Employees should come first not $. Happy employees lead to happy customers!


Showing 740 of 1,493 reviews
Reset Filters