BMO US reviews

Heavy micromanagement, unreasonable expectations and too many time consuming initiatives that don’t lead to more productivity, but more time doing busy work. Great employee benefits and pay, but was not worth the stress of being there. The carrot is the pay and incentive. You make just enough money to make you feel like you can hang in there until you can’t stand the idiocracy any longer. If you’re in the retail bank you will fee like just a number and a goal. You’re only as good as your last sale and the reward is to do it again over and over.

Constant push for number fluffing SALES, tick marks and box checking to keep all managers off your back. Ridiculous SALES goals that are rigged just enough that you will no longer see incentive pay and if you do manage to receive a payout, it is not worth the amount of STRESS it took to get all those SALES. Branch staffing has been so drastically cut, personal bankers spend so much time on the teller line, they can not make their SALES quotas and the entire staff is so stressed out. The pay is very low and you will not see any annual increases. The next paragraph will explain this. So, go in initially and negotiate a higher starting salary. They will promise incentive pay for your SALES effort but this is explained in a previous paragraph. Favoritism is disgustingly rampant. The market managers baby their favorite managers and the branch managers divert SALES to their favorite banker. You are forced to do afterhour call nights and make at least 10 cold call per day. Keep in mind, you could make 50 calls and reach no one but that effort and activity does not count because you have not spoken to 10 people to make an appointment for them to come into the banking center so that you can SELL them something. But wait, there's more, don't forget that you are also running a teller window because they have severely cut branch staff. Don't expect any benefits. They have terminated the retirement plan and your only choice for health insurance is an expensive high deductible plan. If all you are looking for is a part time teller gig with no need for benefits, go for it. If you are looking for a rewarding career or satisfying employment, get out and/ or keep looking. If you are desperate and have to take this job, do it but keep looking and get out. BMO Harris WILL cause frustration, depression, anxiety and physical illness.