BMO Financial Group Employee Review

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really low salaries, incentives very poor (less then 1%yrly)
collections (Current Employee) –  Mississauga, mcc5 December 2013
long hours
repetitive
unrealistic metric targets
Poor incentives
non commission
less then 1% yearly increases
sick days but not allowed to use them (yes they call you to come in after you call in sick)
pay docked for not clocking in on time but hey take your time leaving
"btw your review is due in 5 days but use up your lunch to complete it."
"Surprise, we are changing your job description and youll have a heck of a time advancing now"
"Sorry guys i know we promised but; Pay freezes"
"im sorry we filled the position but your welcome to find it posted externally under contract thru an agency"
Pros
great benefits, company shares for those who get paid well
Cons
low salaries, hard to advance, lack of good management
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Great Learing Experience
Research and Marketing Associate (Former Employee) –  Toronto, ON10 December 2017
Typical day consisted of cold calling and client prospecting. Sometimes tedious but good at building solid work ethic. Advancement very competitive and in some cases non existent. Poor pay but exciting environment,
Pros
Free Lunches
Cons
low pay
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stressful job
Financial Services Manager (Former Employee) –  Toronto, ON9 December 2017
Being a FSM is very stressful, there's simply endless target to meet while the capacity is not there. We have to understand all aspects of accounts, personal lending and small business lending, deceased account, investments and commercial accounts.
If the target cannot be met, there's tons of coaching and we can get scolded easily. Of course there's micro-management.
Nowadays, BMO is trying to promote digitization while the capacity is not there yet.
Pros
n/a
Cons
micro-management, constant over time working without pay if target is not met
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Overall rating

3.8
Based on 1,387 reviews
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Ratings by category

Work/Life Balance
3.7
Salary/Benefits
3.5
Job Security/Advancement
3.4
Management
3.4
Culture
3.6