BMO US reviews

3.5

55% would recommend to a friend

(1,941 total reviews)

Darrel Hackett

36% approve of CEO

56% positive business outlook

BMO US has an employee rating of 3.5 out of 5 stars, based on 1,941 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BMO US 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

2K reviews
1.0
Jul 19, 2016
Recommend
CEO approval
Business Outlook

Pros

Not many. Decent pay & benefits.

Cons

Now that Canada is totally taking over, they are losing sight of the founder's motto. Fair & honest dealing. The employees are manipulated & micro-managed for the benefit of the company only. The incentives are reviewed quarterly & usually are changed to higher near impossible goals. Plus the incentive values have decreased. They have made poor decisions in their assets & buying so have laid off staff. The quality of employees remaining is going down. They have outsourced so many departments & operations one doesn't know what the other does or works together. I have been a full time employee for 17 years and have felt my pride of the company deteriorating at a steady pace. Banking is changing but only because corporate is forcing it on employees & customers. I'd like to see BMO be a leader and listen to the people.

3.0
Jul 15, 2016
Recommend
CEO approval
Business Outlook

Pros

Excellent credit training program lead by industry leading professors - consistent exposure to upper management - solid work life balance

Cons

Not a competitive environment - not collaborative among departments - management doesn't support employees exploring other areas of the bank

1.0
Jun 6, 2016

Don't drink the koolaid

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good competitive benefits, decent pay. many locations to choose from.

Cons

Bank tries to hide behind doing what is right for the customer but they don't. Whether it is in the branches or the corporate office They use a bare bone staff and ask for double of the production. RECORD profits in the last 2 years and they are cutting 4% of the work force (about 2000 employees). outsourced HR is HORRIBLE!

Viewing 46 - 48 of 1,941 Reviews

Glassdoor has 2,121 BMO US reviews submitted anonymously by BMO US employees. Read employee reviews and ratings on Glassdoor to decide if BMO US is right for you.