Is BMO Financial Group a good company to work for?

BMO Financial Group has an overall rating of 3.7 out of 5, based on over 10,708 reviews left anonymously by employees. This rating has decreased by 2% over the last 12 months. 68% of employees would recommend working at BMO Financial Group to a friend and 64% have a positive outlook for the business. The best reviews about BMO Financial Group have been left by employees working as Credit Analyst , Bank Teller and Associate .

Does BMO Financial Group pay their employees well?

According to anonymously submitted Glassdoor reviews, BMO Financial Group employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at BMO Financial Group. This rating has been stable over the past 12 months.

How satisfied are employees working at BMO Financial Group?

68% of BMO Financial Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated BMO Financial Group 3.8 out of 5 for work life balance, 3.8 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at BMO Financial Group?

Customer Service Representative (704) , Personal Banker (440) , Customer Service Representative (CSR) (353) , Business Analyst (204) , Analyst (191) , Investment Specialist (184) , Manager (154) , Software Developer (127) , Senior Manager (123) , Personal Banking Associate (PBA) (112) , Associate (98) , Director (93) , Bank Teller (91) , Financial Analyst (82) , Financial Services Manager (77)

What are the pros of working at BMO Financial Group according to real employee reviews?

"Good benefits and comparable to other banks" ((in 719 reviews)); "Culture is great and consistent." ((in 585 reviews)); "People are great and nice and want you to advance in your career" ((in 538 reviews)); "Teams are dedicated to successful project completion but they still maintain good work life balance." ((in 454 reviews)); "pros would be only if you have a good manager and team." ((in 254 reviews))

What are the cons of working at BMO Financial Group according to real employee reviews?

"low pay and last to get pay increase" ((in 474 reviews)); "Poor management and lack of consideration of service worker abuse." ((in 330 reviews)); "Salary low and busy working pace" ((in 326 reviews)); "Long hours and when your paid a salary (fixed amount per week) you dont get paid overtime." ((in 109 reviews)); "Bad upper management, rude, arrogant" ((in 54 reviews))

What are employees saying about BMO Financial Group layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about BMO Financial Group layoffs and their outlook for job security at BMO Financial Group in 2026.

What BMO Financial Group locations have received the highest employee ratings?

Los Angeles , Dallas , Houston , Ontario , Jersey City , Phoenix , New York , Chicago , Kansas City , Indianapolis

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BMO Financial Group

BMO Financial Group reviews

3.7

68% would recommend to a friend

(9,002 total reviews)

Darryl White

83% approve of CEO

64% positive business outlook

Ratings by category

4.1

Diversity & inclusion

3.8

Culture & values

3.8

Work/Life balance

3.6

Career opportunities

3.5

Senior management

3.5

Compensation and benefits

BMO Financial Group has an employee rating of 3.7 out of 5 stars, based on 9,002 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

9K reviews

1.0

Nov 9, 2022

BMO Sucks

Customer service representative (csr)

Recommend

CEO approval

Business Outlook

Pros

Some of the people are fairly nice.

Cons

POOR training (seriously inadequate, guess they were trying to save a buck) Poor pay / benefits ($10 grub hub coupons last year. Wow what a bonus.) You are micro-managed to death to create compliance job security Abusive Customers all day long / every day Managers throw you under the bus whenever they can Crap Technology which crashes / locks up AT LEAST once a day Antiquated procedures that you have to deal with ZERO career path unless you want to stay in the call center staff Management makes your job harder / more complicated each passing week

3.0

Oct 5, 2022

Fine, as Traditional Banks Go

Aml

Recommend

CEO approval

Business Outlook

Pros

- Most roles are hybrid in-office/WFH, but it depends on your particular manager and the bank at large is pretty resistant to the idea of remote work. - Dress for your Day policy is reasonable but still kind of the bare minimum for attracting a younger workforce. - Upper management is visible and accessible, but how much actually gets accomplished at that level? Difficult to say.

Cons

- Deeply traditional approach to banking on the back end. You want to tout being the bank of small businesses and underserved communities, which is great! But make that more than lip service, to your customers as well as your employees. - Benefits are lackluster. I had more comprehensive coverage at a lower per paycheck cost (proportionally) working an hourly call center job than I did as a salaried back office employee at BMO. - Compensation leaves something to be desired: you aren't competing with other banks in the Loop or in this business segment at large. You understaff and expect that staff to be hyper productive all the time without compensation to match, certainly given the primary market in which you operate. Try saving money reducing turnover and retraining individuals rather than being stubborn and wasting resources on the constant churn.

1.0

May 31, 2022

Worst place for women leaders

Finance

Recommend

CEO approval

Business Outlook

Pros

One of BMO's core values is diversity, and I believe HR really tries to hire in women and diverse talent. However, once inside, you are left to management that are not as interested. My manager fired 75% of the women (no men were fired) week before bonus allocation in order to give out larger bonuses to the other guys. Only my 3 female directs were constantly getting criticized by my manager. Is it just an incident that all the females in my ecosystem were truly failing or did the manager just hate women?

Cons

I experienced other male peers who were working there for years verbally abuse other peers but not get fired. He and my manager have been at BMO for over 20 years and they all cover each other.

Viewing 25 - 27 of 9,002 Reviews

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BMO Sucks

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