Physical
Workplace - Rating: A
The
banks head office has an upscale environment with marvellous views of the landscape,
inside the building there is an art collection with over 6, 000 pieces, some of
which date back to the 19th century. They also have an employee lounge, nap room;
religious observance room and even valet parking. BMO also operates a
university called the Institute for Learning which is equally as impressive as
head office. Thus, their overall rating for physical workplace is
above-average.
Work
Atmosphere & Communications - Rating: B+
BMO’s
employees dress business causal and are given casual dress Fridays. While at
work they have an open and friendly atmosphere as employees are allowed to participate
in activities such as listening to music while working or organize social
events. As for communications, BMO allows employees to give their feed-back
with internet surveys, email suggestion boxes and so forth. Therefore, their
rating was very good.
Financial
Benefits & Compensation – Rating: A+
As
mentioned in an earlier post, BMO has wide assortment of benefits and
compensations it provides to supply to its employees and as a result has been
rated exceptional.
Health
& Family-Friendly Benefits - Rating: B+
BMO’s
health plans are managed by Sun Life and Great West Life, the overall rating of
them is very good.
Vacation
& Personal Time-Off – Rating: B
For
new employees they can receive three weeks off for vacation time after their
first year of employment. This can be extended further after working for 10
years with BMO. Likewise, Personal Care Days can be applied for from employees.
To conclude, the rating for vacation and personal time- off is average.
Employee
Engagement – Rating: A
BMO
employees will receive performance evaluations annual which managers are thoroughly
trained beforehand on how to conduct these evaluations. In summary, the rating
for employee engagement is above-average.
Training
& Skills Development – Rating: A+
In
this category BMO was rated exceptional because they provide course and
training through their university with 100% coverage for their tuition.
Community
Involvement – Rating A+
BMO
as previously stated is integrated into its community in every way possible. BMO
and their employees support local groups, charities and associations. Thus, for
community involvement they received a rating of exceptional.
This
concludes BMO’s overall ratings, and it just further shows how remarkable their
efforts are as a bank and how they support their diverse workforce.
Posted
By: Danielle M
