Millennials at BMO Harris Bank | 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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Millennials at BMO Harris Bank

Millennials at BMO Harris Bank grade their overall culture an A+; also rating it 81/100, 13 points higher than BMO Harris Bank's overall culture as rated by all 125 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at BMO Harris Bank think their company is performing well in are: Perks And Benefits (A+), Professional Development (A+), and Manager, (A+).

Work Life Balance & Community Outreach at BMO Harris Bank

Millennials working at BMO Harris Bank and everywhere else are striving for a balanced life. At BMO Harris Bank, the majority of employees are satisfied with their work life balance. The average BMO Harris Bank employee receives 20-30 paid days off per year, and socializes with their peers once a quarter outside of work. See what employees at BMO Harris Bank think about their work life balance.

AnswerPercent
Yes60%
No40%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days83%
15-20 days17%
10-15 days0%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly0%
Monthly100%
Sometimes0%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at BMO Harris Bank

Within Chicago, 39% of millennials shared they have a mentor. At BMO Harris Bank, 63% of millennials say they receive mentorship, which leads to the assumption that BMO Harris Bank is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at BMO Harris Bank.

AnswerPercent
Yes63%
No37%
Do you have a mentor at work?
AnswerPercent
Yes88%
No12%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at BMO Harris Bank

Employees at BMO Harris Bank have ranked their perks and benefits in the Bottom 40% of companies within Chicago and in the Top 50% of similarly-sized companies on Comparably. When asked to estimate how much employees think BMO Harris Bank spends on their benefits, the most common answer selected is $1000 -$1500/mo. Learn about perks & benefits at BMO Harris Bank.

AnswerPercent
Yes65%
No35%
Are you satisfied with your Benefits?
AnswerPercent
Yes71%
No29%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training33%
Decision Making33%
Fun Culture34%
Retirement Contribution0%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at BMO Harris Bank

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, BMO Harris Bank employees rate their work life balance a B. They think highly of BMO Harris Bank's professional growth opportunities. Employees have graded BMO Harris Bank's perks and benefits a C+. These ratings and reviews lead us to conclude that BMO Harris Bank is a suitable company for the millennial workforce. Learn more about BMO Harris Bank's efforts to retain employees.

AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes57%
No43%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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