Banque Laurentienne Groupe Financier

Banque Laurentienne Groupe Financier Pay & Benefits reviews

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4.0
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Easy place to move up
Bilingual Business Analyst (Current Employee) –  Toronto, ON5 December 2019
It's a changing bank with lots of opportunities they offer. It's easier to move up within the bank than the other banks.
On the other hand, the salary paid doesn't follow up with the cost of living in Toronto. Also, there is lots of politics in the company hierarchy.
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4.0
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Great beginner job for someone entering the financial field
Bilingual Mortgage Administrator (Former Employee) –  Toronto, ON27 August 2019
If you want to start your financial career somewhere, this is the place to be. It will push you to discover answers to your questions by picking people's minds. Although the culture of B2B is not reliant on social interaction, if you come from a closed-off job to this, it makes for a good transition. It certainly will not help you improve your social skills if you come from a selling position and this job might not be for you. It is repetitive in nature and the instruction received, as well as training, is being conducted by people who have been in your position and learned the tips and tricks of how certain work assignments need to be done. Needless to say, not everyone is a good teacher so it creates confusion more often than not as two people can give different advice in regards to how to complete a task. Also, do not expect a raise before 1 year has passed, even if you are the best at your job. The words of the president still resonate with me: if you want to advance in this job and create a career for yourself in banking, you must be willing to answer questions others do not want to answer.
Pros
Free lunch in the summer time, good work parties
Cons
Long hours necessary for advancement, smelly people, poor training system
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1.0
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Unstable future
Branch Manager (Former Employee) –  Quebec Province15 August 2019
Many employees laid off
Salary is comparable to other FIs
No room for growth
Company unstable
Closing more and more branches
No tellers
Everything digital but don’t even have an app for banking
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2.0
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As If I was still in the third World
Senior Administration officer (Current Employee) –  Toronto, ON30 July 2019
The sole and purpise of recruiting newcomers in this company is to take advantage of them.
After planning to layover every unionised worker in Quebec, they are just hiring new comers with a very low salary, temporary contracts and not a single incentive or advantage. Yiu need to be permanent to get anything and to be permanent is just very difficult.

There is big potential of growth and learning but it is just wasted by incadescent discriminative old ways managers who only got there by staying and waiting, sometimes it is hard to just explain the simplest concept or idea and you will hear comments and critique that will push you to just keep quiet and not bring your ideas to the table.
Pros
Coffee machine on site, but provided by the building management apparently.
Cons
Everything else
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4.0
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A good place to work at
Conseillère financière (Former Employee) –  Montréal, QC20 June 2019
A good place to work at. Un très bon environnement de travail, et des possibilités d'avancement.
Merveilleux superviseurs.
I Learned a lot by working there. t
The best part of the job is the team work.
The salary is not very high, but the advantages are very interesting.
Pros
The environment and the values
Cons
Salary
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4.0
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nice
Customer Service Representative (Former Employee) –  Montréal, QC11 June 2019
- lots of transactions
- clients are usually impatient
-administration mostly cares about sales
- long hours, but pays well enough
- position no longer offered
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3.0
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Not much investment in tech or human capital
Analyst (Current Employee) –  Montréal, QC9 April 2019
Lack of investment in staffing means a lot of overtime and taking on tasks from other departments that are understaffed.
Technology needs a lot of updating and is behind industry standards.
Work family balance is very difficult because there is little to no flexibility with scheduling.
Pros
Decent amount of paid time off and ok benefits
Cons
Salaries not comparable with other banks, understaffed
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2.0
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Bad management/policies/culture/future
Officer Cadet (Former Employee) –  Toronto, ON8 November 2018
I found B2B a respectable company. Unfortunately, too much political correctness (extremely). They are designed to work on tribal basis. Each race/colour/creed/sex-orientation/political view has some kind of a tribe/tribe-chieftain. You're lucky if you work within the team lead by your chieftain. There, you will be in good care in term of advancement, overtime, after-hours dinners and overall support. If you fell outside of your tribe, could not be transferred to your tribe or unlucky to have a tribe, then, you're out of luck. They will not renew your contract, no matter how good you are. You don't get any benefits, salary increases, dinners, overtime, etc.. Their training is bad (although long). They assigned me to train (newer people) in my 3rd day of work.They send you an email about your mistake. No one shows-up and explains to you what you were supposed to do. Too many unqualified people hired (as minorities/creed/etc..). Management too biased toward minorities. HR do not advise you of complains started against you. They make decision against you and without informing you or asking for your side of the story. Thus you are blacklisted for ever and all your future applications are turned-down with no excuse or reason.
Pros
Free food (once/week or more), good pay, very nice free coffee/tea
Cons
Management too biased/unqualified, you live under the fear of non-renewal of your contract, too many unqualified people
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4.0
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Good place to start your Financial work. Friendly people
Senior Administration Officer (Former Employee) –  Toronto, ON22 October 2018
This is a nice place to start your work in the financial industry. The company is doing a big effort to update its software. Free coffee machine, nice work environment, very clean place.
The salary could be better, if they were higher, the good workers would stay there many years, but because it is a little bit lower compared with other companies the good staff has to move away, then the company has to hire new people and new people means delay in production, mistakes that negatively affect the relationship with their advisors and their clients at the same time.
Lots of social events.
Pros
Free lunches in busy seasons, free ice cream, bbq and treats in summer and RSP season
Cons
Not very high wages.
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4.0
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Better Performance better rewards
Senior Administrative Officer (Current Employee) –  Toronto, ON11 October 2018
Typical day at work involves intensive processing of various types of worktypes. Working in the Mortgage Administrative Department, I learned to process renewals, payments, payment-payouts, discharges, anti-laundering trainings etc. Management is great at providing feedback and encouraging their team to improve constantly. Workplace culture is very straight forward, disciplined but also nice people to work with. The hardest part of the job is the required flexibility of having various starting shifts that change week-by-week, therefore, difficult to pre-plan for anything more than a month time. Most enjoyable part of the job is being able to listen to music while we work.
Pros
Treats all the time and good vacation benefits
Cons
Constantly changing shifts and minimal training provided
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3.0
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Growing company
Client banking Administrator (Former Employee) –  Downtown Toronto11 September 2018
Routinary work. Friendly environment. Meeting deadlines. Finishing the task.I learned things about RRSP and anti money laundering. People are fun to work with.
Pros
free coffee and tea
Cons
no job security
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3.0
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Productive and fun place
Senior Operations Officer / Customer Services (Former Employee) –  Toronto, ON14 July 2018
Nice place to work, good team spirit. Team members support others. nice customer base and opportunities to excel.

There is a fair bit of micro-management
Cons
Long hours, paper intensive
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1.0
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Not a a good place to work but if you are looking for work experience then this is the place to start.
Analyst (Current Employee) –  Toronto, ON17 April 2018
Annual Holiday Party, Summer lunches, RSP breakfast.
Toxic HR Management. Not a good environment to work.Very stressful. Good for candidates who are looking for work experience but no career progression.
Pros
Annual Holiday Party
Cons
Toxic environment
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5.0
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friendly environment
opération financement (Current Employee) –  Montréal, QC13 December 2017
I did not have a good experience in my first day at work, because of some disorganisation from the recruitment agency, however once I started here I found out very friendly environment, excellent manager, flexible hours which I had never had before in Montreal, and my training was luckily with one of the best experience coworker who got also a best friend for me.
I should mention that here is a 100% francophone environment :)
Pros
friendly environment, excellent manager, flexible hours
Cons
low salary, no benefits
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2.0
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They have issues
Investment Specialist (Former Employee) –  Toronto, ON15 June 2017
I can't say too many good things about it. Trust me. Not the secure happy place that you would wish for. The environment was always tense. Not sure they know how to treat employees.
Pros
They let you dress casual most days and listen to your MP3.
Cons
high pressure. Work overload. Benefits were bare minimum. Dumb supervisors.
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5.0
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Productive and fun
Inside Sales (Current Employee) –  Toronto, ON5 May 2017
Great company to work for, the benefits could be a little better but other that that the company is an outstanding place to learn a great deal. All the best to everyone!
Pros
Management is close!
Cons
Benefits are low
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1.0
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No potential as a bank
Customer Service Representative (Former Employee) –  Montréal, QC1 May 2017
Don't work here if your looking for something long term. They are restructuring and laying off employees. Also the company is unionized, something to look into first.
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3.0
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Call center environment
Call center, Customer Service Agent (Former Employee) –  Montréal, QC4 April 2017
Had to answer a very high amounts of calls a day with professionalism and efficiently . Learn about bank products, resolve clients problems and answer accurately to the questions they had about their accounts and the products we had to offer them. I learned a lot about in how to resolve issues and make the customer happy
Pros
medical benefits
Cons
Hours were not stable
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3.0
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telebanking specialist
Conseiller Service Télé-Bancaire (Former Employee) –  Montréal, QC10 January 2017
typical bank call center job. Not as stressful as the big banks since laurentian is only in quebec. More laid back. Still has sales andproductivity goals. Not a Bug bank, so less benefits and freebies and company paid perks as with other banks. But more of a close team, since its a smaller bank. good student job, and possibilities of advancement if you do good.
Pros
good student job, flexible hours
Cons
small bank, call center job
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4.0
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Good team spirit
Conseiller financier (Former Employee) –  Montréal, QC18 October 2016
Working for Banque Laurentienne was a good experience and good place to learn. Managing many fields makes a great customer service experience. I would recommend it for people who are willing to learn about the industry.
Pros
Great learning place
Cons
Low salary
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Overall rating

3.7
Based on 267 reviews
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3.7Work/Life Balance
3.4Salary/Benefits
3.2Job Security/Advancement
3.4Management
3.5Culture