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BMO Financial Group

Engaged Employer

BMO Financial Group reviews

3.8

67% would recommend to a friend

(9,030 total reviews)
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Darryl White

83% approve of CEO

64% positive business outlook

BMO Financial Group has an employee rating of 3.8 out of 5 stars, based on 9,030 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BMO Financial Group employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

9K reviews
4.0
Nov 7, 2011
Recommend
CEO approval
Business Outlook

Pros

managers respect their staff in general good life & work balance decent work location & environment relatively clear processes & people respect processes

Cons

compensation is not competitive low trust from business partners towards IT departments unclear / unjustified promotions short vision on staffing & GR engagement

4.0
Nov 7, 2011

Great company, big challenges

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

BMO is committed to diversity, great customer experience, and fairness to employees. There is tremendous opportunity for advancement at more junior levels in both the US and Canada.

Cons

More and more decision making is being done in Toronto, leaving those in the US with little chance to impact the company. Decision making is frustratingly slow and prone to reversal if full concensus can't be obtained. Very little recognition of the competitive nature of the US market; BMO only sees the other Canadian banks as competitors, and those banks cooperate more than compete. Top US employees have limited career advancement opportunities unless they move to Toronto.

2.0
Nov 4, 2011

Horrible place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The salaries offered to entry level positions are more competitive then most financial institutions. Employee benefits are reasonable, stock options interesting.

Cons

Management doesn't know what they are doing There is a very high turnover with management and staff, the banks are always understaffed. Do not feel like you are part of a team.

Viewing 8938 - 8940 of 9,030 Reviews

Glassdoor has 10,738 BMO Financial Group reviews submitted anonymously by BMO Financial Group employees. Read employee reviews and ratings on Glassdoor to decide if BMO Financial Group is right for you.