Practice 30 BMO interview questions covering banking values, customer scenarios, and financial services expertise.
Question 19 of 30
What You Need to Know
Example Answer
Example Answer 2
Community Answers

Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
Many people find that performance incentives can be very motivating and yet others find them to cause anxiety. The nuance of this question can be answered with when and where performance incentives are appropriate. When using performance incentives as a form of bribery, the benefits are rarely sustainable and come at a cost to the departmental budget. However, there are occasions where they can be utilized as a valuable tools, depending on the circumstances of the situation, and how they are strategized. Talk to the interviewer about your feelings regarding performance incentives and how they may or may not affect work performance.

Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"I feel that performance incentives are a great idea. They keep an employee motivated to do a great job and ensure that they are on top of their KPI's. The majority of people are very enthused about being rewarded for their successes."

Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"I am prepared to give my best, whether a performance incentive is offered or not. Incentives can be a great idea, but I feel they should not be too simple to achieve. Most sales professionals respond well to a good challenge."

Interview Coach
Jaymie
A real coach, not AI. I read every answer myself and write back with personalized feedback.
Typically responds within 24 hours.
0 - Character Count
Prepare for BMO's competency-based questions and client-focused interview scenarios.
Get StartedJump to Question

Written by Kevin Downey
30 Questions & Answers • BMO

By Kevin

By Kevin