employer cover photo
employer logo
employer logo

BMO Financial Group

Engaged Employer

Poor Growth - Anonymous employee BMO Financial Group Employee Review

1.0
Nov 5, 2025
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.

Explore other reviews about BMO Financial Group

5.0
Jun 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Good culture that gives ample responsibility

Cons

Long hours in a demanding environment

3.0
Jun 24, 2026
Recommend
CEO approval
Business Outlook

Pros

good work life balance and learnt a lot during projects

Cons

not easy to move up fast

See reviews by: Helpful|Rating|Date|All