BMO Financial Group Pay & Benefits reviews

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Great place to work!
Department Manager, Capital Markets Reconciliation (Current Employee) –  Toronto, canada13 August 2018
BMO - Fair and equitable place to work. Tremendous opportunities to learn and grow. Great mentorship. Great benefits and work/life benefits. Very diversity (skills and knowledge)
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Review of BMO
Marketing Assistant (Former Employee) –  Calgary, AB13 August 2018
Overall good place to work. Good culture and opportunities for advancement. Fair salary and treatment. Management was good and constructive. Great focus on clients.
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Day at the bank
Customer Service Representative (Former Employee) –  Montréal, QC10 August 2018
Great team, however there were many quotas to meet.












Pay was relatively low.
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Good place to work
SENIOR BUSINESS ANALYST (contract) (Current Employee) –  Montréal, QC6 August 2018
If you are looking for a good place to work with decent work life balance, then look at BMO. Pay is decent. People are good and you will learn lots.
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Changing work roles
Customer Service Representative (CSR) (Current Employee) –  Alberta31 July 2018
As a CSR (Bank Teller) your job is to assist bank customers with their personal or business transactions. You will also have sales and activity targets that are emphasized frequently.

Increasingly, you are to encourage customers to use digital and electronic banking through their own computers or the ATMs. Essentially, you are working yourself out of a job because the more people do on-line or other digital banking on their own, the less a CSR is needed.

The hours are flexible but only part-time for most of the CSRs - averaging at about 24 hours per week or less.

Benefits package is really good, considering you're only part-time.

There is room to advance, but usually it is because someone has left the company, moved away or moved up themselves. I believe there will be fewer and fewer CSR positions as time goes by.
Pros
Good benefits, customer interaction, Opportunities to advance.
Cons
Pay and hours aren't enough. Role is disappearing. Training is essentially learn as you go.
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Great place to work
Financial Service Manager (Current Employee) –  Toronto, ON24 July 2018
good bank not the most ambitious people work there, but you can def make your way up if you work hard enough. good rates and they also have a lot of opportunities
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good bank
Business Analyst (Former Employee) –  Montréal, QC23 July 2018
good bank not the most ambitious people work there, but you can def make your way up if you work hard enough. good rates and they also have alot of opportunities
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Nice working environment
Financial Services Manager (Former Employee) –  Ottawa, ON19 July 2018
Nice working environment. Good job security and employee benefits.

I don't think you get enough paid for the work that you are doing, but they have nice bonus at the end of the year too.
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very professional environment
FINANCIAL SERVICES COORDINATOR (Former Employee) –  Edmonton, AB19 July 2018
good benefits with salary package, learned about customer relationship and day to day banking. Management is strong and cooperative . challenging part was to reach monthly goals but with the team work its a lot of motivation.
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good place to work
Senior Technology Officer - QA Manager (Former Employee) –  Toronto, ON16 July 2018
i enjoyed my time with BMO. I was encouraged and learned a lot. i had opportunities to move within the company. good benefits and diversity is a part of the code.
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Csr
CSR - Customer Service Representative (Former Employee) –  Peterborough, ON11 July 2018
Not a company I would recommend. Awful management, no team support, if you end up in a smaller branch you are treated like a outsider. Upper management only looks at numbers. You will be pushed to make sales and targets, handle large amounts of cash, due diligence with every transaction, fraud, irate customers with a wage just above minimum
Pros
Benefits
Cons
Poor management, no support, sales
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Average pay with good environment
IT Asset Management Analyst (Former Employee) –  Barrie, ON4 July 2018
As a Contractor, working for BMO is nothing special. You get none of the perks of a full time employee and all of the expectations of one.

Things that suck as a contractor at BMO:
-No paid vacation days, only accrued on top of your pay
-No paid sick days
-No opportunity to increase your skills
-No goal setting

In short, you're paid to do a task like a drone and that is the end of it.
Pros
Flexible start and end times for standard 9-5 shift
Cons
Everything about being a Contractor
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Good place to work
Junior Loan Collector (Former Employee) –  Montréal, QC24 June 2018
Good place to work. Nice environment and good benefits given to employees. Manager was also understanding and work was busy but not too stressful. Overall had a positive experience.
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Just another bank
Technical Analyst (Former Employee) –  Toronto, ON14 June 2018
Dont expect much...If you really want to work progressively and believe in getting things done.... find work somewhere else. This is just like most of the other banks in Canada..slow,, low pay... no direction..
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Enjoy Working
FSC- Financial Services Coordinator -BMO (Former Employee) –  Saskatoon, SK12 June 2018
Everyday you learn something new, Good Salary,
Professional atmosphere. Nice staff. Good Wages.
Good Training. Nice Staff. Management is good. Lot to learn
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Poor management
Senior Tax Specialist (Former Employee) –  Toronto, ON4 June 2018
Management doesn't pay attention to people with talent. Employees are not well compensated, and they are rated based on who you know instead of talent and skills
Pros
Defined Benefit Pension Plan
Cons
Low Pay
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Non colllobrative culture
Director & Head of Technology Business Operations (Former Employee) –  Toronto, ON28 May 2018
The culture is the most challenging environment to be successful. Although they promote the one bank concept its not practiced and it creates significantly more unnecessary work and time. The dirty politics adds another layer of complexity that creates hurdles to become successful.
Pros
Compensation
Cons
A large increase in work hours and expectAtion
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Good job, bad management
Customer Service Representative (Former Employee) –  Thunder Bay, ON16 May 2018
Management was less than ideal. Not approachable. Hours were good. The job was good and there was room for advancement if management would allow. Salary was not good but not bad.
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Great place to work- Poor Leadership
Current Employee (Current Employee) –  Mississauga, ON16 May 2018
Communication is very poor, customers know about the changes at BMO before employees. Leadership has gone down the drain in last 2 yrs. Sr leaders have big attitude and only pretend to know everything.
There is no brain involved with changes as they are piled on each other most of the times and the poor agents have to bear the brunt of irate customers.
Pros
Benefits
Cons
24 X7 monitoring of your PC, Incapable leaders
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Great place to work
Technical lead (Current Employee) –  Montréal, QC3 May 2018
BMO is great place to work with lot of Fun and entertainment. Perfect work life balance can be maintained. Except Salary component, remaining is exceptional.
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Overall rating

3.8
Based on 1,768 reviews
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Ratings by category

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