BMO recognized for exceptional financial benefits, exemplary training and skill development opportunities, and high employee engagement, among other reasons
TORONTO, ONTARIO--(Marketwire - Nov. 16, 2011) - Today, BMO Financial Group was named a top employer for the sixth consecutive year in the Greater Toronto Top Employer competition. This special designation recognizes employers in the GTA that lead their industries in offering exceptional places to work.
Lynn Roger, Senior Vice-President, Talent Strategies & Executive Resourcing, BMO Financial Group, said "BMO has a longstanding commitment to helping our employees turn their potential into the kind of performance that leads to productive and rewarding careers. It is what makes us an employer of choice.
"Our ability to attract and retain the very best talent is critical to our success in delivering innovative products and solutions to our customers, and to our vision to be bank that defines great customer experience. This Top Employer recognition serves as a testament to that vision and to the important role our employees play in the bank's success."
Employers are evaluated by the editors of Canada's Top 100 Employers using the same eight criteria as the national competition: Physical Workplace; Work Atmosphere & Communications; Financial Benefits & Compensation; Health & Family Friendly Benefits; Vacation & Time Off; Employee Engagement; Training & Skills Development; and Community Involvement. Employers are compared to other organizations in their field to determine which offers the most progressive and forward-thinking programs.
BMO was ranked highly in each area, most notably for Financial Benefits and Compensation; Training and Skills Development; Community Involvement, Employee Engagement and Physical Workplace. Judges' comments and ratings can be found at: http://www.eluta.ca/top-employer-bank-of-montreal.
Judges highlighted the following
- BMO provides paid internship opportunities, formal mentoring programs and career planning workshops to help employees advance their careers at the bank.
- BMO's financial rewards were deemed "exceptional". Judges noted the bank provides year-end bonuses, low-interest home loans and a share purchase plan, available to all employees, letting everyone share in the company's success.
- BMO subsidizes tuition and professional accreditation courses, encourages ongoing employee development, and delivers hundreds of course offerings through its corporate university, the Institute for Learning, located in Toronto.
Earlier in the year, BMO was selected as a Top Employer in Canada's Top 100 Employers' National competition.
Carol Greene, Toronto