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BDC / Business Development Bank of Canada
BDC employees

Recognized as one of Canada's Top 100 Employers (2018)

Here are some of the reasons why BDC / Business Development Bank of Canada was selected as one of Canada's Top 100 Employers (2018) and Montreal's Top Employers (2018):

  • As part of the organization's focus on employee well-being, BDC hosts an annual Wellness Day and organizes quarterly awareness campaigns focused on everything from mental and physical health to financial planning -- and offers a wellness spending account as well as the option to purchase of up to 5 additional vacation days through the flexible health plan
  • BDC encourages employees to find a balance between work and their personal lives with a range of alternative work arrangements including flexible hours, telecommuting, reduced summer hours and a shortened work week option
  • BDC helps employees prepare for the future with the security of a defined benefit pension plan and retirement planning assistance
BDC employees

Employer Background

Industry Secondary Market Financing
Established in Canada 1944
Major Canadian hiring locations Vancouver BC, Calgary AB, Toronto ON, Montréal QC, Halifax NS
Full-time employees in Canada 2,244
Part-time employees in Canada 75
Workforce engaged on a contract basis 4.4%
Average age of employees in Canada 42
Longest serving employee 46 years

Physical Workplace B+

Commuter amenities secure/sheltered bicycle parking
Workplace features 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 (providing all-season access to shopping malls, restaurants and the city's Métro), workplace features a number of nearby fitness facilities (with subsidized employee membership), shower facilities, BIXI bicycle rentals during the summer for all building tenants (one hour free per rental), quiet room for when employees need a break (the room is not for meetings and is an electronics-free zone), telecommuter workstations, religious observance room, self-serve lunchroom, outdoor patio
Employee lounge amenities comfortable seating, music, television, table tennis, unique "Futurespace" area to showcase emerging technologies and host information sessions, newspapers, magazines, a variety of fair-trade coffee and tea
Onsite cafeteria healthy menus, special diet menus
Other nearby amenities YMCA, YWCA, Énergie Cardio, fitness club, Dominion Square, Place du Canada, Dorchester Square, daycare, restaurants, shopping mall, McGill University

Work Atmosphere & Communications B+

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

Financial Benefits & Compensation A+

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
Referral bonuses (max) new employee referral bonuses (up to $2,000) for some positions
Signing bonuses available for some positions
Additional financial benefits employee savings and investment plan

Health & Family-Friendly Benefits B

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
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)
Wellness spending account up to $250 each year
Other health plan information employees can purchase of up to 5 additional vacation days through the flexible health plan, hosts annual Wellness Day (awareness initiative on mental and physical health, work-life balance and financial security) and quarterly awareness campaigns, retiree benefits are available (employees pay the premiums)
Family-friendly benefits note BDC has multiple employee groups, family-friendly policies may vary by position
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), compressed work week, telecommuting, reduced summer hours
Additional family-friendly information assistance in finding childcare and eldercare placements

Vacation & Personal Time-Off B+

Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Vacation jump vacation increases after 5 years of employment
Maximum vacation allowance employees move to a maximum of 5 weeks of vacation over their career
Personal paid days off employees can schedule 5 personal days off each year, as needed
Unpaid leave of absence option yes
Additional time-off information some employees start at 4 weeks of paid vacation, depending on their position

Employee Engagement & Performance A

Employee performance reviews employees receive individual performance reviews every 12 months
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, recognition program that allows employees to acknowledge their peers with eCards (non-financial) as well as offer nominations for financial awards, annual "Samara" award to recognize exceptional work
Outside survey period outside consultant surveys are held every 24 months

Training & Skills Development A

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
Related tuition subsidies employer covers up to 100% of tuition per year
Unrelated tuition subsidies employer covers up to 100% of tuition per year for courses unrelated to current position

Community Involvement A

Scope of charitable involvement local, national
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 21 charitable and community organizations were supported last year
Some of the community organizations supported Canadian Red Cross, Centraide, Enactus Canada, Junior Achievement of New Brunswick, Fondation de l'Institute de cardiologie de Montréal, Fonds Inclusion, Startup Canada, Chinook Regional Hospital Foundation, Startup Canada
Community highlight BDC's charitable program (called Together for the Cause) encompasses all fundraising initiatives related to employees' cause of choice -- supporting the Canadian Cancer Society in the fight against cancer. BDC also maintains a 3-year partnership with RiSE Asset Development (RISE) to support people who manage entrepreneurial projects to rebound from mental health or addiction challenges. The company provides $40K each year and offers employee volunteer mentors and coaches.

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 employees

Highlights for New Grads

Industry Secondary Market Financing
Major Canadian hiring locations summer jobs, co-op opportunities, 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 health benefits for new employees, flexible work hours, telecommuting, employees receive paid time off to volunteer, (up to 5 paid days)
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

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