BMO Financial Group Reviews | Glassdoor

BMO Financial Group Reviews

Updated July 23, 2017
1,500 reviews

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

1,500 Employee Reviews

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Pros
Cons
  • Work life balance has gotten worse over time (in 42 reviews)

  • Stressful sales targets and pressure to achieve target but if you're good at your job that shouldn't matter at all (in 50 reviews)

More Pros and Cons

  1. "Bmo"

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

    I have been working at BMO Financial Group part-time

    Pros

    Benefits, bonuses based on performance, room for growth

    Cons

    Heavy sales target that get higher each year. Minimal staff.

    Advice to Management

    Simplify processes so employees can focus on customers.


  2. "10 Year Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time

    Pros

    Great people and great organization to grow with.

    Cons

    Lost pension and benefits are not what they used to be, which is why I made this a 4 star.

  3. "Digital"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group full-time

    Pros

    Great team & corporate environment

    Cons

    progressive comp plan and evolution


  4. "Financial service manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Manager in Montreal, QC (Canada)
    Former Employee - Financial Services Manager in Montreal, QC (Canada)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    You learn a lot since you are involved in many task . You get to with different clients . ..

    Cons

    Salary is low comparing to what you do. A lof of work comparing to the salary you make . .

    Advice to Management

    Review salaries


  5. "Terrible"

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

    Coworkers are great, but depends on the branch dynamic, I was lucky at all 3 branches I worked at were great people. Benefits are great.

    Cons

    Low pay, high pressure, no clear plans, unsatisfying work

    Advice to Management

    Train better


  6. "CSR"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at BMO Financial Group full-time

    Pros

    Entry level opportunities, entry level skills

    Cons

    Terrible sick day policy, was called in to work in the afternoon when I called in sick in the morning, with a dr. note


  7. "Business Analyst"

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

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

    Pros

    Good life - work balance
    Multicultural

    Cons

    Compensation is below the industry standard for almost all levels
    If you are in IT your position will be outsources eventually as they are doing so for years.
    Many incapable managers, but of course not all.

    Advice to Management

    Stop outsourcing, please! and why bother with bringing people over to train them for a few years and then send the work to India? I know you want to save money but at what cost exactly?
    In stand of supporting your loyal and well trained staff you promote outsourcing key roles. It's a shame and I hope the government will put an end to this one day as this trend exploits immigration rules in the most disgusting way.

  8. "Business analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Friendly staff around the world

    Cons

    Bad structure inside the office


  9. "Financial Services Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Manager
    Current Employee - Financial Services Manager
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Share ownership, Incentive pay, Flex benefits

    Cons

    Staff cuts, 2 year wait before paying into pension


  10. "Work..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Mississauga, ON (Canada)
    Current Employee - Personal Banker in Mississauga, ON (Canada)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    If you get sick they will try their best to help you.

    Cons

    Manager make up their own rules and guidelines

    Advice to Management

    Look out for others besides yourself.


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