BMO Company Culture
BMO Culture
This score is derived from employee ratings & reviews3.3/5
BMO's Overall Culture is rated C
Top Rated Culture Dimensions
CEO Rating
BEnvironment
C+Outlook
C+eNPS
C+Leadership
CBMO CEO
Top 25%Top 25% of Similar Size Companies
Darryl White
77 /100
See More
Diversity at BMO
Bottom 10%Bottom 10% of Similar Size Companies
D-
Diverse employees at BMO have rated CEO Rating, Environment, and Manager as the highest categories they have scored
Women at BMO
Bottom 5%Bottom 5% of Similar Size Companies
F
Women at BMO have rated CEO Rating, Work Culture, and Manager as the highest categories they have scored
BMO eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies
Recommend to a Friend?
24
BMO employees are 24% more likely to recommend BMO as a great place to work
| 50% | Promoters |
|---|---|
| 24% | Passives |
| 26% | Detractors |
Working at BMO
Working at BMO is rated below average by 66 employees, across various culture dimensions. BMO employees rate CEO Rating highest among all categories, and think that Professional Development and Perks And Benefits have the most room for improvement, putting BMO’s culture in the Bottom 40% compared to similar sized companies on Comparably. See below in detail how working at BMO was rated by employees.
Overall Company Culture at BMO
C
Overall Company Culture at BMO is rated C
Last updated months ago
Bottom
40%
BMO ranks in the Bottom 40% of other companies on Comparably with for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterBMO Employee Reviews
Out of 28 BMO employee reviews, 88% were positive. The remaining 12% were constructive reviews with the goal of helping BMO improve their work culture.
| Positive Reviews | 88% |
|---|---|
| Constructive Feedback | 12% |
Positive Reviews From BMO Employees
- What did you like most about the interview process?Very personable and informative. Very clear expectations
- What makes you most happy at work?My teammates are the best part
- What are some of the best things about your team?My direct teammates are amazing and i am comfortable and supported by my teammates. They are the best part of my job
Constructive Feedback From BMO Employees
- What needs to change to make the company culture better?There needs to be more operational accountability and smoother proccess to make things more effiecent
- Why do you feel undervalued and what would make you feel better about your compensation?Not compensated fairly for work or loyalty or dedication
BMO Company Information
BMO Company Overview
BMO Financial Group
BMO Mission, Vision & Values
BMO Mission Statement
Our Commitment We’re here to help. This is a promise we make to BMO’s customers.
BMO Vision Statement
To be the bank that defines great customer experience.
BMO Values
- Integrity
- Empathy
- Diversity
- Responsibility
| Headquarter | |
|---|---|
| Website | www.bmo.com |
BMO Competitors
BMO competitors include TD Brand, Rbc, and Scotiabank. BMO ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how BMO compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
BMO Employees
66 employees at BMO have reviewed BMO across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 66 BMO employees give their leadership a grade of C, or Bottom 45% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.
Employees at BMO are not very pleased with their total compensation at BMO, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at BMO are generally satisfied with their team. 66 Participants grade the quality of their coworkers a C-. The majority believe the meetings at BMO are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at BMO believe the environment at BMO is positive. Most Participants believe the pace of work at BMO is extremely fast. About 88% of the employees at BMO work 8 hours or less, while 6% of them have an extremely long day - longer than twelve hours.
Overall, the employees at BMO are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
BMO employees generally work 8.1 hrs a day
Work Hours
A Day in the Life
Employees at BMO report the work pace is extremely fast
Work Pace
A Day in the Life
85% of BMO employees look forward to interacting with their team every day
Coworkers
A Day in the Life
BMO employees typically get valuable feedback on how to improve at work Once a quarter
Feedback
A Day in the Life
67% of BMO employees call their work environment positive
Environment
Joining BMO - Employee Onboarding
The prevailing opinion from employees about joining BMO is that the company was unprepared on their first day. BMO employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
BMO KPIs and OKRs
Employees’ understanding of BMO's KPIs and OKRs is essential for its success. Out of 2 BMO employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
BMO CEO & Leadership
BMO CEO - Darryl White
77 /100
Darryl’s approval rate is in the Top 25% of all CEOs of similar-sized companies on Comparably. BMO’s CEO is highly regarded especially by Caucasian employees, Male employees, and employees with 1 to 3 Years experience. However, employees with the company for 1 to 2 Years, Asian or Pacific Islander employees, and Female employees have a less favorable view of the CEO and believe there is room for improvement. Compared to BMO’s competitors, Darryl White ranks right above Scotiabank CEO Brian Porter. Under White’s leadership, BMO employee respondents are most happy about their Environment and the company’s Outlook. Gender and Diversity are two areas, according to respondents, where BMO could stand to see real improvement.
BMO Leadership
The BMO Executive Team is rated a “C-” and led by CEO Darryl White and Senior Vice President, Governance & Sustainable Investment Elizabeth McGeveran
Darryl White CEO / President
Darryl White serves as the CEO / President of BMO.
Elizabeth McGeveran Senior Vice President, Governance & Sustainable Investment
Elizabeth McGeveran serves as the Senior Vice President, Governance & Sustainable Investment of BMO.
BMO Salaries
How much does BMO pay?
How much do people at BMO get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at BMO is $87,588, or $42 per hour, while the estimated median salary is $102,566, or $49 per hour.
At BMO, the highest paid job is a Sales Rep at $115,365 annually and the lowest is a Bookkeeper at $41,474 annually. Average BMO salaries by department include: Admin at $53,297, Finance at $71,561, Design at $73,260, and HR at $91,786. Half of BMO salaries are above $102,566.
23 employees at BMO rank their Compensation in the Bottom 30% of similar sized companies (based on 71 ratings) while 22 employees at BMO rank their Perks And Benefits in the Bottom 20% of similar sized companies (based on 23 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $60k | $60k | 1st Percentile |
17th Percentile $80k | $80k | 17th Percentile |
33rd Percentile $101k | $101k | 33rd Percentile |
50th Percentile $163k | $163k | 50th Percentile |
67th Percentile $258k | $258k | 67th Percentile |
83rd Percentile $264k | $264k | 83rd Percentile |
100th Percentile $342k | $342k | 100th Percentile |
$87,588*
Average Compensation
$102,566*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
BMO Salaries by Department
Diversity & Inclusion at BMO
Diverse employees at BMO score the company 57/100 across various culture categories, placing BMO in the Bottom 10% of companies on Comparably with for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at BMO across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
BMO PTO
BMO's PTO and Vacation policy typically gives 10-15 days off a year. Paid Time Off is BMO's most important benefit besides Healthcare when ranked by employees, with 100% of employees saying it is the most important benefit. BMO's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
BMO Careers
BMO Jobs
No Recent Jobs found for BMO on Comparably
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H1B Visa
In 2019, BMO applied for 4 H1B visas. Of the work permits applied for, 100% were approved.
Work Permit Application Outcome
4
Total Applied
H1B Applications Outcome
- 100% Granted (4 out of 4)
- 0% Denied ( out of 4)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 4)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 4)
This data was calculated using publicly sourced data from OFLC Performance Data
Let BMO Know You Want To Work There
Overview of Candidates Interested in BMO on Comparably
Candidates By Department
Customer Support | 100% |
|---|
Candidates By Location
Chicago | 100% |
|---|
Frequently Asked Questions regarding BMO
Who is the CEO of BMO?
BMO CEO is Darryl White, their score by employees is 77
What is BMO eNPS?
The eNPS for BMO is 24
What is the salary for Sales Manager in BMO?
Sales Manager average salary in the US is 113k
What are the salaries in the Operations in BMO?
The average salaries for Operations in BMO is 83k
Who are BMO competitors?
BMO main competitors are TD Brand, Rbc, Scotiabank
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