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BDC / Business Development Bank of Canada
BDC Employees

Recognized as one of Canada's Top 100 Employers (2016)

Here are some of the reasons why BDC / Business Development Bank of Canada was selected as one of Canada's Top 100 Employers (2016), Top Employers for Canadians Over 40 (2016) and Montreal's Top Employers (2016):

  • BDC supports its new parents with maternity leave top-up payments as well as assistance in finding convenient daycare when they're ready to return to work -- and employees with college or university bound kids can apply for academic scholarships (to $2,500 per child)
  • BDC helps employees plan for the future though a defined benefit pension plan and an employee investment savings plan, as well as health benefits that extend to employees through their retirement years
  • BDC's head office employees are encouraged to leave the car at home with one free hour (per ride) towards BIXI bicycle rentals during the summer months
  • BDC's new employees receive three weeks of starting vacation and all employees have the option to purchase additional vacation days (up to five days) through the flexible health plan
BDC employees in the head office's new open workspace
BDC employees in the head office's on-site bistro
BDC employees gathered in the head office's kitchen area

Employer Background

Industry Secondary Market Financing
Full-time employees in Canada 1,978
Part-time employees in Canada 66
Workforce engaged on a contract basis 3.4%
Average age of employees in Canada 42
Longest serving employee 44 years

Physical Workplace

Commuter amenities secure/sheltered bicycle parking
Workplace features shower facilities, nearby fitness facilites (with subsidized employee memberships), one hour free (per rental) BIXI bicycle rentals during the summer to all building tenants, the head office is located in one of Montréal's most recognized office buildings, Place Ville-Marie, which is centrally located and directly linked to the city's extensive underground walking network that provides comfortable all-season access to shopping malls, restaurants and the city's Métro, telecommuter workstations, religious observance room, self-serve lunchroom
Employee lounge amenities comfortable seating, music, television, newspapers, magazines, a variety of fair-trade coffee and tea (for only a quarter)
Onsite cafeteria healthy menus, special diet menus, subsidized meals
Other nearby amenities fitness club, Parc du Mont-Royal, Place du Canada, restaurants, shopping mall, McGill University

Work Atmosphere & Communications

Recent social events sports day during the summer, departmental lunches and dinner celebrations, a special brunch for employees' children during the Christmas season (complete with fun activities and gifts from Santa)
Cultural aspects employee sports teams, business casual dress, casual dress Fridays
Employee communications intranet site, company newsletter, traditional/email suggestion box

Financial Benefits & Compensation

Outside salary surveys participates in outside salary surveys every 12 months
Employee salary reviews individual salaries are reviewed every 12 months
Long-term savings defined-benefit (DB) pension, matching RSP
Long-term planning retirement planning assistance, phased-in retirement work options, life & disability insurance
Profit-sharing plan available to all employees
Year-end bonuses available to all employees
Referral bonuses new employee referral bonuses (up to $2,000) for some positions
Signing bonuses employee savings and investment plan

Health & Family-Friendly Benefits

Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Flexible coverage health plan is flexible with adjustable premiums and coverage levels
Waiting period there is no waiting period for coverage
Family coverage option yes
Retiree coverage with no age limit yes
Dental coverage routine, restorative, orthodontics
Traditional coverage (e.g. prescription drugs) yes
Additional coverage employee assistance (EAP) plan, physiotherapy, medical travel insurance, homecare, medical equipment and supplies, massage therapy, nutrition planning, podiatrist, osteopathy, chiropractor, alternative coverage (e.g. accupuncture, naturopathy), can purchase of up to five additional vacation days through the flexible health plan
Fitness club subsidy $250 each year
Maternity top-up (mothers) up to 95% of salary for 17 weeks
Additional family-friendly benefits academic scholarships of up to $2,500 per child
Alternative work options flexible work hours, 35-hour work week (with full pay), shortened work week (fewer hours with less pay), telecommuting, reduced summer hours
Additional family-friendly information assistance in finding childcare and eldercare placements

Vacation & Personal Time-Off

Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Maximum vacation allowance employees move to a maximum of 5 weeks of vacation over their career
Unpaid leave of absence option yes
Additional time-off information opportunity to purchase up to 5 extra vacation days through the flexible health plan, some employees start at 4 weeks of paid vacation, depending on their position

Employee Engagement & Performance

Managers receive performance review training yes
360° feedback option as part of the review process, performance feedback is also solicited from co-workers and other managers familiar with each employee's work
Exit interview exit interview option is available for departing employees
Performance recognition individual performance bonuses, on-the-spot rewards, peer-to-peer-recognition awards, long-service awards, annual President's Awards of Excellence

Training & Skills Development

Career planning online employee skills inventory
In-house training initiatives apprenticeship/skilled trades programs, in-house training, online training, leadership training, paid internships, subsidies for professional accreditation
Tuition subsidies (related to job) yes
Tuition subsidy coverage employer covers up to 100% of tuition per year
Tuition subsidies (unrelated to job) yes
Unrelated tuition subsidy coverage employer covers up to 100% of non-related tuition per year

Community Involvement

Scope of charitable involvement local, national, international
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 5 paid days)
Total number of charities supported last year approximately 15 charitable and community organizations were supported last year
Charitable giving matches employee donations
Community highlight After surveying employees about where they would like to direct their energies and support, BDC recently partnered with the Canadian Cancer Society with employees participating in the Society's signature "Relay for Life" marathon. BDC is also a long-time supporter of the annual Centraide (United Way) campaign and the Government of Canada's Charitable Workplace Campaign as well as a number of other initiatives and employees from across the bank support numerous initiatives every year, often utilizing their 5 paid personal days for such initiatives.

Recognized as one of Canada's Best Diversity Employers (2016)

Here are some of the reasons why BDC / Business Development Bank of Canada was selected as one of Canada's Best Diversity Employers (2016):

  • BDC manages an Aboriginal summer student internship program, providing work experience and mentoring to approximately 20 college and university students each year -- the organization also developed "BDC E-Spirit", a 16-week web-based competition for Aboriginal high school students that features interactive business planning resources, online access to mentoring and extensive student networking opportunities (both in person and online)
  • In partnership with ACCES Employment, BDC launched "Entrepreneurship Connections", a 4-week program to help newcomers in the GTA expand their professional network and start their own business
  • BDC maintains a number of affinity groups that work in conjunction with the organization's national committee to plan awareness sessions and events as well as meetings with local organizations and associations
BDC employees busy at work in the head office's new open workspace

Highlights

Industry Secondary Market Financing
Full-time employees in Canada 1,978
Workforce representation female employees (49 %), female managers (34.8 %), visible minority employees (16.8 %), visible minority managers (6.4 %), Aboriginal employees (1.7 %), Aboriginal managers (1.7 %)
Diversity programs for disabilities, women, visible minorities, Aboriginal peoples, LGBT
Formal commitment Diversity Action Committee, responsible for developing action plans on an annual basis which serve as the organization's roadmap for initiatives each year
Unique diversity initiatives diversity website on employee portal, includes information on employment equity, related policies, best practices, diversity opportunities and events, a multicultural calendar and various additional resources
Diversity community partnerships ACCES Employment, Immigrant Services Association of Nova Scotia in Halifax, Assisting Local Leaders with Immigrant Employment Strategies

The Career Directory

BDC / Business Development Bank of Canada has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
BDC's head office features a new employee lounge and rest area

Highlights for New Grads

Industry Secondary Market Financing
Full-time employees in Canada 1,978
Part-time employees in Canada 66
Student opportunities paid internships, summer jobs, co-op opportunities
Training subsidies for professional accreditation, orientation program, online training, in-house training, leadership training
Tuition subsidies (related to job) yes
Typical new grad positions Customer Service Representative, Account Manager, Client Relationship Officer
Starting salary $55K to $60K
Work perks health benefits for new employees, flexible work hours, telecommuting
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

Academic fields recruited

Recruits at these schools


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