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BMO Financial Group

Engaged Employer

BMO Financial Group reviews

3.8

67% would recommend to a friend

(9,024 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 9,024 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
3.0
Dec 8, 2016
Recommend
CEO approval
Business Outlook

Pros

I worked at BMO for over 7 years. BMO is willing to promote within. While it helps to know someone, it is possible to land you next move without having a connection. BMO is an advocate for hiring culturally diverse talent. Being a large financial institution, it often pays salaries above national average (especially in corporate roles). I made many friends over the years that I keep in contact with.

Cons

Despite the higher salary, you should be prepared to juggle a multitude of responsibilities. Work-life balance can be difficult at times. Retail sales positions are highly competitive and it is difficult to meet goals. There is a lot of turnover in retail. Management is often weak in both retail and corporate. My most recent direct manager had over 70 people reporting to her (this is just poor structuring). My manager prior to that was verbally abusive and unsupportive. It was really difficult to get the attention needed as a growing professional.

4.0
Aug 10, 2016
Recommend
CEO approval
Business Outlook

Pros

This used to be a very good company to work for until changes happened few years ago. Benefits are excellent. Used to be Family Oriented. If you are newly graduate in Accounting, this is a place to work as you will learn so much.

Cons

Middle Management and Frontline Managers are very political. They overwork their employees and work them long hours without proper compensation as everybody is on salary. Most of the Managers take advantage of their staff. A lot of bullying going on, but never addressed because the Manager of the Managers does not want to hear it. If you are an employee and you complain, instead of helping you, you will be reprimanded or written up. That's the strategy. So employees are very scared to talk or complain.

4.0
Jul 16, 2016

Smart, friendly people in a slightly inefficient structure

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People, competitive pay, benefits, work/life balance (pretty regular hours and with understanding managers who reward hard work). Really smart people who are approachable and helpful.

Cons

Technology not that great. Some inefficiencies and communication gaps higher up (or what appear to be) mean some things just don't get done as an organization, though smaller units perform very well in isolation.

Viewing 67 - 69 of 9,024 Reviews

Glassdoor has 10,732 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.