Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.
Rating Reviews
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Pros: The benefits package is really strong, especially for healthcare and the defined-benefit pension plan. For a Financial Analyst in the Montreal office, the overall compensation, including vacation time, is pretty competitive in the financial services sector.
Cons: Base salary growth can feel a bit slow; it's not always easy to get significant raises. Performance bonuses aren't huge unless you're in a sales-heavy role, which isn't the case for corporate support functions.
Advice to Management: Focus on increasing base salary growth for non-sales roles. Make performance incentives more impactful across all departments, not just client-facing teams, to boost motivation.
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Pros: The hybrid model really helps manage my time. As a Financial Advisor in Montreal, being able to WFH a few days a week is solid. I've found that for most of my client accounts, I can manage a 40-hour week.
Cons: Some weeks can be really tough, especially during busy periods in the banking sector. There's pressure to hit targets, and that often means working late. It's not always easy to disconnect.
Advice to Management: Try to manage client expectations better so advisors aren't always juggling too much. More support for high-pressure periods would also help keep burnout down.
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Pros: I liked the hybrid work model; it let me WFH most days. As a Financial Services Representative, I really appreciated that flexibility for appointments and personal errands. It's a solid perk for a big Canadian credit union.
Cons: The biggest issue is the sheer volume of work. It's hard to maintain a good work-life balance when you're constantly chasing metrics. Sometimes you just have to put in extra hours, especially during busy periods.
Advice to Management: Management needs to seriously look at the workload for client-facing roles. Distributing tasks more evenly or hiring more staff would help a lot with burnout.
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What is Desjardins' policy on remote work for employees in Quebec, particularly in roles like financial analyst?
Desjardins offers a hybrid work model for many positions, including financial analyst roles based in Quebec. Employees typically work a mix of in-office and remote days, with specifics often determined by team needs and manager discretion. This approach aims to balance flexibility with in-person collaboration.
What is Desjardins' policy on remote work for finance roles in Montreal, and what benefits support this flexibility?
No answers yet.
What is the work-life balance like for software developers at Desjardins in Montreal?
No answers yet.
What is Desjardins' policy on remote work for roles in the insurance sector, especially in Quebec?
Desjardins offers hybrid work options for many roles, allowing employees to balance office and remote work. While specific arrangements can vary by department and role, including those in Quebec's insurance sector, the company generally supports flexibility to foster work-life balance.
What is the team collaboration like at Desjardins, particularly within their finance departments in Quebec?
Collaboration at Desjardins is generally strong, with a focus on shared goals and open communication among colleagues in finance roles. Teams often utilize digital tools for project management and daily tasks, fostering a connected environment even with hybrid work arrangements. You can expect a supportive atmosphere where input from various team members is valued.
What kind of health and wellness benefits does Desjardins offer its employees in Quebec?
Desjardins provides a comprehensive benefits package, including robust health and dental insurance options. Employees also have access to wellness programs and resources designed to support overall well-being, which is a key aspect of their employee value proposition for finance professionals in the Quebec region.
What is the work-from-home policy like for employees at Desjardins, especially for roles in the finance sector in Quebec?
Desjardins offers a hybrid work model, allowing many employees to work remotely for a portion of the week. Specific arrangements can depend on the team and role, but flexibility is generally supported for full-time positions within the finance sector in Quebec.
