Heart breaking - Universal Banker BMO Financial Group Employee Review

2.0
12 May 2016
Recommend
CEO approval
Business outlook

Pros

Excellent compensation and benefits, though benefits stress being adjusted to match market norms. Offers wide variety of financial services.

Cons

Middle management is prone to cronyism and favouritism and it's destroying morale. Uneven handling of risky, noncompliant or even unethical behavior if they are friends with the right person. Too much staff turn over. Too little staffing. A suffocating amount of micromanagement to three point that there is no room left for employees to have ownership off their jobs. Focused only on numbers and reports and not people, counter to their brand's goals. If senior leadership is aware of what middle management is doing they aren't fixing it. If they aren't aware they should make it their job to be. The vision of the bank is great, but the disconnect between what the top says they want to be and what the middle forces the bottom to do is unnerving. Little promoting from within. Too much hiring of staff from certain banks knows for unethical behavior.

Explore other reviews about BMO Financial Group

5.0
2 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Fun job to work good benefits

Cons

no cons really great company

2.0
10 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Worked with a few great people

Cons

Lack of career mobility Management in Canada was disconnected from the US Low pay

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