BMO Financial Group Benefits

3.8
537 Ratings

Which benefits does BMO Financial Group provide?

Current and former employees report that BMO Financial Group provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & BenefitsProfessional Support

Insurance, Health & Wellness

Health Insurance
3.7
41 Ratings
3.6
35 Ratings
3.3
13 Ratings
3.6
13 Ratings
3.0
11 Ratings
2.0
5 Ratings

Financial & Retirement

3.8
46 Ratings
3.7
25 Ratings
3.5
23 Ratings
2.7
3 Ratings
2.0
2 Ratings

Family & Parenting

2.8
4 Ratings
5.0
1 Rating
4.0
1 Rating

Vacation & Time Off

3.8
187 Ratings
3.7
26 Ratings
3.0
4 Ratings

Perks & Benefits

3.1
32 Ratings

Professional Support

3.2
21 Ratings
3.6
10 Ratings

Employee Benefit Reviews

Showing 1–10 of 537 comments

Most Commented

Sep 15, 2021
4.0
Current Financial Advisor in Toronto, ON, Ontario

BMO offers life insurance and dental insurance for employees. Life insurance includes term life insurance, coverage of medical expenses, long term insurance. it is pretty good one. Dental insurance could be better. It covers cleaning & minor restoration services pretty well, but major restorative services (crowns, implants) will be mostly out of your pocket. Also BMO offers some "best of BMO" discount programs. Personally I was never able to find something useful for me. Financial services are available at "employee rate", but you can find something very similar at competitors. Bank account is free for employees, exchange rate for foreign currency is better also. Employees are eligible to receive corporate pension with optional payments. Manager level is eligible to get stock options (depends of your performance and department). Training expenses are (usually) covered. Yearly bonus is granted basing on your performance.

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Sep 10, 2021
4.0
Former Employee

Decent vacation of 4 weeks

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Sep 7, 2021
5.0
Former Solutions Architect in Toronto, ON, Ontario

Excellent benefits including RRsP and ESOP

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Sep 8, 2021
4.0
Current Employee

Decent health coverage without any payroll deductions. ESOP plan is basically free $.

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Sep 7, 2021
4.0
Former Employee

DB plan, flexible wfh arrangement

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Aug 30, 2021
4.0
Former Employee

Benefits were on par with other big banks

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Aug 19, 2021
5.0
Former Employee

great options provided by the employer

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Aug 15, 2021
4.0
Current Employee

The Employee Share Ownership Plan is decent and everyone should use it if possible, it automatically takes the amount off your paycheque, recording it for tax purposes, and BMO will match up to 3%. If you need to withdraw funds, you can do periodically (I think every 6 months) without penalties.

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Sep 2, 2021
5.0
Current Employee

Les avantages sont excellent pour tout le monde

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Aug 21, 2021
4.0
Current conseiller(ère) Clientèle in Quebec, QC, Quebec

Contribution au régime d'actionnariat est un avantage intéressant

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Viewing 1 - 10 of 537 Reviews

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