bcIMC Reviews | Glassdoor.ca

bcIMC Reviews

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Found 45 reviews

2.0
StarStarStarStarStar
Rating TrendsRating Trends
27%
Recommend to a Friend
15%
Approve of CEO
Peter Milburn
26 Ratings
Pros
  • "Good benefits, salary, work-life balance(in 5 reviews)

  • "Company is investing in its future through new technology, people, processes, and a new building(in 4 reviews)

Cons
  • "Very high turnover due to poor executive management(in 4 reviews)

  • "CEO has made a toxic, strong armed environment where it's his picks (boys club) that reign supreme(in 3 reviews)

More Pros and Cons
  1. "First full-time Internship at BCIMC"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Intern in Victoria, BC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at bcIMC full-time (Less than a year)

    Pros

    great culture and very helpful staff

    Cons

    competitive environment for full-time recruitment

    bcIMC2019-04-21
  2. Helpful (17)

    "Somehow Developed a Culture of Fear"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at bcIMC full-time for more than a year

    Pros

    Challenging work, opportunity to move up, benefits. Pockets of strong leadership have created a good client value add.

    Cons

    terminating the wrong people, suppressing those who challenge the status quo, despite CEO message for change, creating a culture of fear by frequent and strangely communicated firings.

    Advice to Management

    Conduct a thorough review of underperforming departments, such as back office. The move to do so in public markets and IT led to improvements, and its time to starting looking at operations, as they have fallen behind and did not receive the required investment to adequately support front office.

    bcIMC2019-03-18
  3. Helpful (13)

    "Senior Research Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at bcIMC full-time

    Pros

    Access to senior management and research flexibility

    Cons

    Weak senior management with lack of vision

    bcIMC2019-03-09
  4. Helpful (11)

    "Culture is terribly dysfunctional and fear based"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at bcIMC full-time

    Pros

    Compensation is good compared to other regional companies.

    Cons

    Very poorly managed company. Employees work within a toxic culture of fear. This sentiment is pervasive throughout the firm. Just Google the April 2018 Financial Post article or speak with any current or former employee.

    Advice to Management

    Value your people and don’t manage by fear.

    bcIMC2019-04-08
  5. Helpful (6)

    "Unhealthy Corporate Culture created by Poor Management"

    StarStarStarStarStar
      Former Employee - Anonymous Employee 

      I worked at bcIMC

      Pros

      Better office location, good compensation package, wants to be a global player

      Cons

      The stagnant staff from the old regime are threatened by new hires who are bright and have relevant industry experience. HR needs to pay more attention to what is happening. Non investment professionals (support staff) have little knowledge of the financial industry or how to function in an asset management atmosphere. Communication is weak within this organization as it is led by a communication team of poor quality....

      Show More

      Advice to Management

      Employ a stronger internal and external communication team.

      bcIMC2019-03-30
    • Helpful (15)

      "Not for me"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Workplace Services in Victoria, BC
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at bcIMC full-time for more than a year

      Pros

      Money is good but really not worth it!

      Cons

      Awful management probably the worst out there Promotions and hiring the wrong kind of people Working in workplace services you will experience a unique style of managing! No wonder there is high turn over with no questions asked

      Advice to Management

      Talk to other departments about operational management, embarrassing. Relationships are awful and it's all because of management. Wake up HR

      bcIMC2019-03-21
    • Helpful (19)

      "CEO claiming world class status is hilarious"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at bcIMC full-time for more than 8 years

      Pros

      Great city to live and work in, clients are sticky

      Cons

      Weak senior management, look no further then overlapping pasts of many of them to see what the issue is. Broadly speaking, a CEO struggling to recruit any senior management beyond his old friends & subordinates is unhealthy. Can't consistently retain women across the investment group. The rest of the investing world is scrambling to attract women and bcimc just lets them leave or fires them. Ironically the argument...

      Show More

      Advice to Management

      The board needs to remove the boys club from Quebec at the top of the investment groups.

      bcIMC2019-03-19
    • Helpful (20)

      "Toxic Corporate Culture"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Anonymous Employee 
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at bcIMC full-time

      Pros

      Compensation (however, not worth the toxic environment)

      Cons

      High Turnover for a reason. They like to put people through a rollercoaster ride just to prove who's in power. Corporate culture is based on the concept of fear. The fear of being "fired" or "let go" is a running joke everyday in the general environment. People in leadership roles try hard to keep their power by making subordinates feel inferior or expect them to do things out of context of the job to get promoted.

      Advice to Management

      Education on effective leadership.

      bcIMC2019-02-15
    • Helpful (14)

      "Junior investment management"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      I have been working at bcIMC full-time for more than a year

      Pros

      Largest investment manager on the west coast

      Cons

      Lack of recognition, lack of support and direction.

      bcIMC2019-01-18
    • Helpful (17)

      "Be very careful if you move to Victoria for a new role. Layers of middle managers with no relevant experience."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at bcIMC full-time

      Pros

      - Benefits? Good for massages to de-stress after dealing with many unqualified people

      Cons

      - Well below market compensation - Many legacy BCI people in senior roles that are not qualified - Have hired many new people into senior roles that have no relevant experience

      Advice to Management

      - Hire an independent HR advisor to conduct a talent audit. Don't be surprised when they tell you that most of the senior people within investment functions are not qualified.

      bcIMC2018-12-19
    Found 45 reviews