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BMO Financial Group

Engaged Employer

BMO Financial Group reviews

3.8

67% would recommend to a friend

(9,025 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 9,025 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
1.0
Nov 5, 2025

Poor Growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* WLB is not bad if you want to coast and can put yourself into a middling position without owning any products or responsibility (to avoid being called outside of work hours/weekends/vacation).

Cons

* Health benefits are terrible. Tied to compensation which seems predatory. * Compensation is weirdly opaque. You'll be told all year the bank is doing well just to have a <100% multiplier attached to your year end bonus. * Performance reviews are bland and inconsistent. When you challenge your manager with "how could I have done better" you're typically met with nothing. Exceeding expectations is intentionally held to avoid giving out promotions. * Default upper management goals are to just congratulate/recognize their employees monthly/quarterly and even then, some managers actually offload that responsibility to their underlings. * Asking for more salary at the expense of annual bonus (e.g. no actual total comp change) to adjust for higher month-to-month costs of living will get you short tracked to being let go. * HR/ER does not even exit interview you even if you've been there for a decade. * Hiring is atrocious. Teams will continually have people leave/let go without back fills. You'll be promised that new reqs are coming just to waste time interviewing people for 6 months that you cannot even give an offer to. * Contractors are rarely extended leading to constant re-training. * Some teams turn into dedicated training teams even though they need their own dedicated employees. * Project managers cheat their budgets by stealing workers from other teams without having it billed to their project. * C-level is disconnected from reality and thinks sending weekly updates about boating/golfing with clients is something employees being called in while on vacation want to hear.

3.0
Nov 5, 2025

Okay

Recommend
CEO approval
Business Outlook

Pros

Benefits and pay are decent

Cons

You have to meet goals and do cold calls essentially

1.0
Oct 31, 2025

Reality under the surface

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice location within the city. Nice office space.

Cons

They are completely focused on increasing revenues of the bank with zero regard for their employees. I am currently on a team where the bank had fired 5 employees on the team with zero heads up for my colleagues in one day. They came in at 830 am and were informed that "their position was eliminated" and were forced to leave the premises by 11am. I promise that I am someone who always tries to look at life in a positive view, but the things I have experienced at this bank during my time here has been incredibly disappointing to say the least.

Viewing 85 - 87 of 9,025 Reviews

Glassdoor has 10,733 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.