BMO Financial Group FAQ
Have questions about working at BMO Financial Group? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.
Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at BMO Financial Group.
All answers shown come directly from BMO Financial Group Reviews and are not edited or altered.
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(select only 1)64 English questions out of 64
6 October 2020
Does BMO Financial Group offer relocation assistance?
Pros
Good benefit package and employee share purchase plan, stable job and good entry level job
Cons
Not any cons on my opinions
Good benefit package and employee share purchase plan, stable job and good entry level job
6 October 2020
19 May 2021
Does BMO Financial Group offer dental insurance?
Pros
Great benefits including medical and dental
Cons
Not enough hours for tellers
Great benefits including medical and dental
19 May 2021
7 October 2021
Does BMO Financial Group have a pension plan?
Pros
Good benefits and pension plan
Cons
Old school mentality on having to be in the office at all times
Advice to Management
Allow non-essential groups to work remotely without having the pressure of going back into the office just to fill the seats.
Good benefits and pension plan
7 October 2021
2 September 2020
Does BMO Financial Group offer parental leave?
Pros
Great insurance benefits (dental/med/psych with both paid sick leave and maternity/paternity leave) - beautiful location for a call center (Old Port Mtl if in Montreal) with a considerable amount of windows for a call center. A small gym on site. A fair bonus depending on the fiscal year's results and your performance. Very pro LGBT and women's rights - not super outdated in their mentality like many other FIs, I've heard.
Cons
Very slow, outdated technology and programs for a financial institution of this caliber. High turnover rate. Unfortunately in more than one department, management is very poor and does not help you achieve your goals or push you to move up within the bank. Discrimination and stigma surrounding sick leaves has been witnessed far too many times, all across the bank. Very long wait before the bank takes action on any employee complaints or concerns, despite there being several filed on the same issue. Often times a very juvenile work environment in the call center, at least. Said to be very 'highschoolish'.
Advice to Management
You can get better results from your employees by encouragement rather than intimidation. It is important to recognize your team and what each member contributes.
Great insurance benefits (dental/med/psych with both paid sick leave and maternity/paternity leave)
2 September 2020
20 June 2021
Does BMO Financial Group offer a wellness program?
Pros
Good benefits, interesting perks and programs for employees
Cons
Salaries are lower than elsewhere
Good benefits, interesting perks and programs for employees
20 June 2021
64 English questions out of 64