BMO Financial Group Culture | Comparably
Bank of Montreal is a diversified financial services provider based in North America, operating four business segments: Canadian P&C banking, U.S. P&C banking, wealth management, and capital markets. read more
EMPLOYEE
PARTICIPANTS
18
TOTAL
RATINGS
176

BMO Financial Group Company Culture

BMO Financial Group Culture

This score is derived from employee ratings & reviews
4.1/5
BMO Financial Group's Overall Culture is rated B

Top Rated Culture Dimensions

BMO Financial Group CEO

Top 20%Top 20% of Similar Size Companies
Edward Jones BMO Financial Group's CEO
Edward Jones
75 /100

Diversity at BMO Financial Group

Top 20%Top 20% of Similar Size Companies
B+

Diverse employees at BMO Financial Group have rated Team, Meetings, and Executive Team as the highest categories they have scored

Women at BMO Financial Group

BMO Financial Group 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?"
Bottom 45%Bottom 45% of Similar Size Companies

Recommend to a Friend?

-8

BMO Financial Group employees are -8% more likely to recommend BMO Financial Group as a great place to work

28%Promoters
36%Passives
36%Detractors

Working at BMO Financial Group

Working at BMO Financial Group is rated highly by 18 employees, across various culture dimensions. BMO Financial Group employees are most satisfied about Team, Office Culture, and Perks And Benefits categories, putting BMO Financial Group’s culture in the Top 25% compared to similar sized companies on Comparably. See below in detail how working at BMO Financial Group was rated by employees.

Overall Company Culture at BMO Financial Group

B

Overall Company Culture at BMO Financial Group is rated B

Last updated months ago

Top
25%

BMO Financial Group ranks in the Top 25% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

BMO Financial Group Employee Reviews

0%
100%
Positive Reviews0%
Constructive Feedback100%

BMO Financial Group Company Information

BMO Financial Group Company Overview

Bank of Montreal is a diversified financial services provider based in North America, operating four business segments: Canadian P&C banking, U.S. P&C banking, wealth management, and capital markets.

BMO Financial Group was founded in 1817 and its current CEO is Edward Jones. Since its inception 209 years ago, BMO Financial Group has grown to 45234 employees.

BMO Financial Group Mission, Vision & Values

BMO Financial Group Mission & Values

  • Integrity
  • Empathy
  • Empathy
  • Responsibility
Headquarter100 King Street West, Toronto
M5X 1A1
Websitewww.bmo.com
Founding Date1817
Tel7
Company StatusPrivate

BMO Financial Group Competitors

BMO Financial Group competitors include TD Bank Group, Royal Bank Of Canada, Scotiabank, and Desjardins Group. BMO Financial Group ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how BMO Financial Group compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    BMO Financial Group's Logo
    BMO Financial Group
    4.1/5
  2. #2
    TD Bank Group's Logo
    TD Bank Group
    4.1/5
  3. #3
    Royal Bank Of Canada's Logo
    Royal Bank Of Canada
    3.8/5
  4. #4
    Scotiabank's Logo
    Scotiabank
    3.2/5
  5. #5
    Desjardins Group's Logo
    Desjardins Group
    2.8/5

BMO Financial Group Employees

BMO Financial Group has 45234 employees. 18 employees at BMO Financial Group have reviewed BMO Financial Group 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 18 BMO Financial Group employees give their leadership a grade of A-, or Top 15% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.

Employees at BMO Financial Group are pleased with their total compensation at BMO Financial Group, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at BMO Financial Group are pleased with their team. 18 Participants grade the quality of their coworkers an A+. The majority believe the meetings at BMO Financial Group are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at BMO Financial Group believe the environment at BMO Financial Group is negative. Most Participants believe the pace of work at BMO Financial Group is extremely fast. About 75% of the employees at BMO Financial Group work 8 hours or less.

Overall, the employees at BMO Financial Group are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining BMO Financial Group - Employee Onboarding

The prevailing opinion from Comparably users about their company is that it was very prepared on their first day. Employees concluded that their overall onboarding experience was positive. 73% 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 Financial Group KPIs and OKRs

Employees’ understanding of BMO Financial Group's KPIs and OKRs is essential for its success. Out of 3 BMO Financial Group employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.

AnswerPercent
Yes67%
No33%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

BMO Financial Group CEO & Leadership

BMO Financial Group CEO - Edward Jones

Edward Jones BMO Financial Group's CEO
75 /100

Edward’s approval rate is in the Top 20% of all CEOs of similar-sized companies on Comparably. BMO Financial Group’s CEO is highly regarded especially by Male employees. Compared to BMO Financial Group’s competitors, Edward Jones ranks right above Scotiabank CEO Brian Porter. Under Jones’s leadership, BMO Financial Group employee respondents are most happy about their Team and the company’s Office Culture. eNPS and Environment are two areas, according to respondents, where BMO Financial Group could stand to see real improvement.

BMO Financial Group Leadership

The BMO Financial Group Executive Team is rated an “A-” and led by CEO Edward Jones, Head, IT, Operations and CRE Procurement Lead & U.S. Chief Procurement Officer David Zaccagnini, and Managing Director, US CIO & Global IT COO of Capital Markets & Enterprise Risk Steve OHare

  • Edward Jones  CEO / President

    Edward Jones CEO / President

    Edward Jones serves as the CEO / President of BMO Financial Group.

  • David Zaccagnini Head, IT, Operations and CRE Procurement Lead & U.S. Chief Procurement Officer

    David Zaccagnini serves as the Head, IT, Operations and CRE Procurement Lead & U.S. Chief Procurement Officer for BMO... read more

  • Steve OHare Managing Director, US CIO & Global IT COO of Capital Markets & Enterprise Risk

    Steve OHare serves as the Managing Director, US CIO & Global IT COO of Capital Markets & Enterprise Risk for BMO... read more

  • Joe Hanlon CFO US Personal and Commercial Banking

    Joe Hanlon serves as the CFO US Personal and Commercial Banking for BMO Financial Group. Joe started at BMO Financial... read more

  • Purva Indurkar-Sule Chief of Staff to US COO

    Purva Indurkar-Sule serves as the Chief of Staff to US COO for BMO Financial Group. Purva started at BMO Financial Group... read more

  • Stephen Taylor Chief Financial Officer -- US Operations

    Stephen Taylor serves as the Chief Financial Officer -- US Operations for BMO Financial Group. Stephen started at BMO... read more

  • Daniel Janik Director, US CTO

    Daniel Janik serves as the Director, US CTO for BMO Financial Group. Daniel started at BMO Financial Group in July of... read more

  • Larissa Chaikowsky US Chief Human Resources Officer, BMO Financial Group

    Larissa Chaikowsky serves as the US Chief Human Resources Officer, BMO Financial Group for BMO Financial Group. Larissa... read more

  • Sha Edathumparampil VP and Head of Technology - Data, Analytics & AI

    Sha Edathumparampil serves as the VP and Head of Technology - Data, Analytics & AI for BMO Financial Group. Sha started... read more

BMO Financial Group Salaries

How much does BMO Financial Group pay?

How much do people at BMO Financial Group get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at BMO Financial Group is $131,126, or $63 per hour, while the estimated median salary is $130,446, or $62 per hour.

At BMO Financial Group, the highest paid job is a Director of Sales at $232,895 annually and the lowest is a Receptionist at $39,424 annually. Average BMO Financial Group salaries by department include: HR at $125,836, Admin at $59,806, Finance at $106,762, and Communications at $100,408. Half of BMO Financial Group salaries are above $130,446.

5 employees at BMO Financial Group rank their Compensation in the Top 15% of similar sized companies (based on 20 ratings) while 5 employees at BMO Financial Group rank their Perks And Benefits in the Top 10% of similar sized companies (based on 7 ratings).

Last updated months ago.

1st Percentile
$67k
$67k1st Percentile
17th Percentile
$100k
$100k17th Percentile
33rd Percentile
$129k
$129k33rd Percentile
50th Percentile
$183k
$183k50th Percentile
67th Percentile
$235k
$235k67th Percentile
83rd Percentile
$277k
$277k83rd Percentile
100th Percentile
$297k
$297k100th Percentile
$131,126*
Average Compensation
$130,446*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

BMO Financial Group Salaries by Department

Explore BMO Financial Group Salaries

Diversity & Inclusion at BMO Financial Group

Diverse employees at BMO Financial Group score the company 74/100 across various culture categories, placing BMO Financial Group in the Top 20% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at BMO Financial Group across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

BMO Financial Group Perks & Benefits

Health & Wellness

  • Dental Insurance

Paid Time Off

  • PTO / Vacation Policy

BMO Financial Group PTO

BMO Financial Group's PTO and Vacation policy typically gives 10-15 days off a year. BMO Financial Group's benefits and PTO Package averages to represent a $2500+ cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo50%
$1500 - $2500/mo50%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

BMO Financial Group Careers

BMO Financial Group Jobs

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Frequently Asked Questions regarding BMO Financial Group

What is BMO Financial Group address?

BMO Financial Group location is at 100 King Street West, Toronto

Who is the CEO of BMO Financial Group?

BMO Financial Group CEO is Edward Jones, their score by employees is 75

What is BMO Financial Group eNPS?

The eNPS for BMO Financial Group is -8

What is the salary for Sales Associate in BMO Financial Group?

Sales Associate average salary in the US is 65k

What are the salaries in the Design in BMO Financial Group?

The average salaries for Design in BMO Financial Group is 115k

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