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BMO Financial Group

Engaged Employer

Excellent Collaboration with Colleagues - Manager Within Corporate Groups BMO Financial Group Employee Review

2.0
Apr 11, 2016
Recommend
CEO approval
Business Outlook

Pros

-Benefits, like 4.2 weeks of vacation, 5% 401K match, 2 weeks Sick Leave, etc. -Colleagues willing to collaborate -Challenging work -Great eLearning platform that employees are expected to take advantage of. -Pay based on performance, which is awarded in the form of a bonus, starting at 4% of base salary up to 25%.

Cons

-Everything submitted requires 2 levels of approval, such as training, expenses, project deliverables, process changes, etc., resulting in additional overhead requirements. -Systems & technologies are challenging to understand and work with -No base salary increases for the past 2 years -Healthcare insurance is expensive, roughly $9-13K annually for premiums with very high out-of-pockets before insurance starts paying expenses 100%. In 2018, the only health coverage offered will be a high deductable plan. -Limited outside training opportunities, such as conferences, classroom instruction, etc. -Limited opportunities for career advancement. Management likes to hire for experience vs. invest & promote employees. -Managers in Canada must be involved in all decision making.

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

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