Scotiabank Reviews

Updated March 24, 2015
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4.0
227 Reviews
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
115 Ratings

227 Employee Reviews

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  1. senior manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank

    Pros

    good people to work with, on public transportation line, no layoffs

    Cons

    slow to advance, compensation less than other banks

    Advice to ManagementAdvice

    let senior levels move before 3 years

    Recommends
    Positive Outlook
  2. 1 person found this helpful

    Good, steady work. Heavy workload for FAs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at Scotiabank (more than 3 years)

    Pros

    Good benefits, and share ownership program.

    Cons

    Workload, technological infrastructure very dated, slow and frustrating.

    Advice to ManagementAdvice

    Invest in technological infrastructure to bring useful tools, and system stability to branches.

    No opinion of CEO
  3. Wonderful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager Human Resources in Christiansted, VI
    Former Employee - Assistant Manager Human Resources in Christiansted, VI

    I worked at Scotiabank full-time (more than 10 years)

    Pros

    Team Oriented, successful, integrity, Training and Development, and more.

    Cons

    Not competitive enough to help employees drive successful sales results.

    Advice to ManagementAdvice

    Be more competitive. It will help to drive great sales results. Employees will be more motivated to reach out for the business.

    Recommends
    Approves of CEO
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  5. Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time (more than 8 years)

    Pros

    Career advancement , committment to employees, team approach to work and work/life balance

    Cons

    Technolgy systems are old. Long hours

    Advice to ManagementAdvice

    Investment in technology to enhance your employee work product and efficiencies.

    Recommends
    Positive Outlook
    Approves of CEO
  6. Excellent work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY

    I have been working at Scotiabank

    Pros

    Excellent work life balance, Excellent benefits and reasonable hours

    Cons

    Very limited US growth, lower salaries compared to competitors

    Recommends
  7. Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY

    I have been working at Scotiabank

    Pros

    Excellent Benefits Excellent Benefits Excellent Benefits

    Cons

    Lower salary than the competition

    Advice to ManagementAdvice

    Raise salary!

    Recommends
    No opinion of CEO
  8. Good, solid bank with pleasant atmosphere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Scotiabank

    Pros

    The company is in good shape at a time when the financial sector as a whole is in chaos. Offices and branches around the world mean opportunities for working abroad. There is an atmosphere if healthy competition, without much of the eat-rocks-and-crap-fire, alpha-dog stuff you might find elsewhere.

    Cons

    A fair amount of second-guessing; lots of paperwork; some of the same territoriality you will find in any big organization. Office location next to WTC site will be a downer for some (at least until something is finally built there).

    Advice to ManagementAdvice

    Keep being cautious about risk and capital ratios. Maybe cut back a little on the strategic missives couched in wordy corporatese. When I read these, I'm not convinced that the thinking behind them is entirely clear.

    Recommends
    No opinion of CEO
  9. customer service represenative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Customer Service Representative in Westlock, AB (Canada)
    Former Contractor - Customer Service Representative in Westlock, AB (Canada)

    I worked at Scotiabank as a contractor (less than a year)

    Pros

    hours are great for single moms

    Cons

    time off policies i was on a contract so didnt receive any bebefits

    Advice to ManagementAdvice

    keep a more hands on look at ur mid management

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. nice place to work in Toronto

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk Manager in Toronto, ON (Canada)
    Current Employee - Risk Manager in Toronto, ON (Canada)

    I have been working at Scotiabank full-time (more than 3 years)

    Pros

    People are nice and supportive

    Cons

    underpay employer in Financial and Banking industry

    Advice to ManagementAdvice

    No advice for now

    Recommends
    Positive Outlook
    Approves of CEO
  11. ScotiaBank Review

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank

    Pros

    Provides good customer service and treats employees well

    Cons

    not much cons. was very satisfied

    Advice to ManagementAdvice

    continue doing what you do best

    Recommends
    Positive Outlook
    No opinion of CEO

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