BMO Harris Bank - It is not the right place for everyone | Glassdoor
There are newer employer reviews for BMO Harris Bank
There are newer employer reviews for BMO Harris Bank

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Helpful (1)

"It is not the right place for everyone"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Service Representative in Chicago, IL
Current Employee - Senior Service Representative in Chicago, IL
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

Pros

The people are great to work with. There are a lot of departments to move within. It is a great starting career to gain experience.

Cons

The pay is fairly low across the board by 30% of the market. Vacation time is difficult to take because coverage is taken into account. Sick time is discouraged to be taken and it can not be taken too often in a certain period. Lunch time is strongly discouraged to be taken in its entirety. Month end and quarter end involve long hours. It is difficult to move up. They also go through a lot of restructuring and transferring of employees. They are very cost conscious. The culture is fast paced. Management is very critical of the employees. It seems the same employees are always being recognized. Work and Life balance needs to be managed better. Holiday parties and employee appreciation has been cut back.

Advice to Management

They should make their pay fair and competitive.

Other Employee Reviews for BMO Harris Bank

  1. "It has its ups and downs; while there are great benefits for employees, hierarchy makes it begrudging."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Representative in Saint Louis, MO
    Current Employee - Service Representative in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Easy company to get to know your coworkers; employee benefits are good.

    Cons

    Compensation for "low-level" employees is very unfair, especially in comparison to the bankers and other workers in the branch.

    Advice to Management

    Consider restructuring the compensation plan and salary system for service employees.


  2. Helpful (2)

    "Nice Bank to Work at"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Chicago, IL
    Current Employee - Senior Analyst in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great benefits, pension, vacation, 401k etc. Pay seems competitive. Of the mid to large sized banks one of the best to work at. Overall good morale. Bank seems to push internal development. being a bigger Bank the jobs in other departments seem endless.

    Cons

    Lacking technology that is about 3-5 years behind competitors.

    Advice to Management

    Keep up the good work we're going in the right direction. Also, keep sponsoring the Blackhawks.

There are newer employer reviews for BMO Harris Bank
There are newer employer reviews for BMO Harris Bank

See Most Recent

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