BMO Harris Bank Compensation Employee Reviews | Comparably
BMO Harris Bank Claimed Company
Established in 1882 as Harris Bank, and owned by BMO Financial Group (TSX, NYSE: BMO) since 1984, BMO Harris Bank has grown to become one read more
EMPLOYEE
PARTICIPANTS
125
TOTAL
RATINGS
1053
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BMO Harris Bank Compensation Employee Reviews

What is the best part about your compensation package?

Total salary and bonus inclusing pension

They offer basically a guarnteed bonus

Review from Finance Dept

Health care and base pay

Review from Finance Dept

Compensation package is well balanced and salary raises occur regularly.

They bridged my time when i returned back to work

Review from Operations Dept

It could be better, but it is competitive

The stock options are fair and just

Review from Finance Dept

the retirement plan benefit is competitive

Review from Operations Dept

401K company match is 5%

Review from Sales Dept

Insurance prices

Why do you feel undervalued and what would make you feel better about your compensation?

we're not appreciated at all. We pay way too much for our insurance, and have too much stress that's unrealistic

I think they overly focus on sales and referral bonuses. My branch is incredibly slow compared to other branches nearby and it is unfair that our anual bonuses are affected due to that.

I work for 20 years and I've been under pay for a long time

Review from Sales Dept

For the amount of work and stress we handle daily the pay is way bellow of what other companies offer to its employees

I feel for what we do that the pay should be more competitive.

I feel the companies earnings have increased yet I dont get at least a 3% cost of living increase each year and benefits get more and more expensive where I can only afford medical vision and dental services every other year

Review from Operations Dept

Review Sentiment at BMO Harris Bank

69
69%
31
31%

About BMO Harris Bank's Compensation

C+
65/100

Where This Score Ranks BMO Harris Bank's Compensation

TOP
50%

In the Top 50% of 1310 similar size companies on Comparably

BOTTOM
45%

In the Bottom 45% of 216 companies in Chicago

3rd

3rd place versus 3 competitors rated on Comparably

51 employees at BMO Harris Bank score their wages and compensation a C+ on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 51% say Yes. The Operations department is the most satisfied with their compensation, ranking it 70/100, a full 15 pts above the Sales department. If you want detailed data about BMO Harris Bank's wages, see the <a href="https://www.comparably.com/companies/bmo-harris-bank/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Experience - 3 to 6 Years
    +8%
  • Department - Operations
    +5%
  • Department - Finance
    +5%

Rate Compensation the Lowest

  • Experience - 6 to 10 Years
    -19%
  • Department - Sales
    -10%
  • Ethnicity - Other
    -7%

How BMO Harris Bank's Compensation Score is Calculated

FILTER RATINGS BY

Results from 51 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes51%
No49%
Do you believe you're paid fairly?
AnswerPercent
Yes65%
No35%
Are you satisfied with your Benefits?
AnswerPercent
Yes100%
No0%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year80%
Every 2 years0%
Every 3 years or more20%
Never0%
How often do you get a raise?
×
Rate your company