Scotiabank

  www.scotiabank.com
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Scotiabank Reviews

Updated Jul 9, 2014
All Employees Current Employees Only

3.4 476 reviews

94% Approve of the CEO

Scotiabank President and CEO Brian J. Porter

Brian J. Porter

(52 ratings)

69% of employees recommend this company to a friend

Review Highlights

Pros
  • work life balance, position title is higher than other Canadian banks(in 66 reviews)

  • Relax work environment, great people and a stable company(in 22 reviews)


Cons
  • The pay is not competitive and there aren't full time positions on the teller line, even few part time(in 8 reviews)

  • Low salary; if you pay peanuts you get monkeys(in 8 reviews)

77 Employee Reviews Back to all reviews
Relevance Date Rating
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    Great place to work

    Anonymous Employee (Former Employee)

    ProsI enjoyed working at scotia bank, they have a strong sense of community and family. Did not feel like work at all when i was there.

    Consbecause it is a big company it will take some time to climb the ladder, so you have to be patient and have a clear direction as to where you want to go in the company.

    • Culture & Values
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    Stable employment, balanced career advancement and life

    Director (Current Employee) New York, NY

    ProsNo high stress typical in other wall street banks.
    management recognizes personal contributions.
    Stable employment, from prudent hiring and no-waste cost management.

    ConsDated IT systems.
    Risk control is too stringent to grow business.

    Advice to Senior ManagementInvest in profit generating infrastructures.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Nice for new commers

    Anonymous Employee (Current Employee)

    ProsNice opportunities for new commers with Financial experience en Latin America

    ConsJust starting a new challenge!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
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    Excellent place to work

    Branch Manager (Former Employee) Toronto, ON (Canada)

    ProsEntrepreneurial culture, great training program, fantastic advancement opportunity.

    ConsNone that I can think of.

    Advice to Senior ManagementNone that I can think of.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Amazing Company to work for!

    Anonymous Employee (Current Employee)

    ProsThe collaborative relationships; the community involvement; the commitment to employee growth.

    Consnone that I can think of.

    Advice to Senior ManagementContinue to nurture the talent within Scotiabank.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Excellent place to work!

    Director (Current Employee) Toronto, ON (Canada)

    ProsThere are a large number of long-tenured employees which speaks volumes about how employees feel about this company. Strong values, and employees are treated with respect. There are many opportunities and due to the global reach of the company, employees can literally have numerous careers while being in the same company. The culture of Scotiabank is truly what sets it apart from the other FIs in Canada and has led to very strong employee commitment.

    ConsLike any large company, it can be difficult to navigate your way through the relationships between areas and departments. Decision making can take longer than expected due to the complexity of the structure, which can be frustrating.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

     

    Great Company

    Anonymous Employee (Current Employee)

    ProsLost of opportunities to apply your knowledge!

    ConsLocation might be a challenge

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    great experience, nice culture, open communication

    Personal Banking Officer (Current Employee) Edmonton, AB (Canada)

    Prosnice culture (depends on branch), friendly people, good compensations, nice intensives

    Consmicromanagement (depends on branch), not much flexibility in terms of leaving early for an hour for personal circumstances (had to take half a day off instead)

    Advice to Senior Managementallows your employees to work independently, they will bring better results

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    So far so good.

    Contract Specialist (Current Employee) Toronto, ON (Canada)

    ProsLots of responsibility. Great boss. Great company. International scope.

    ConsLong hours. Poor compensation for time worked.

    Advice to Senior ManagementFair pay.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    Very good company to work for. Lots of opportunity to move up

    Bank Teller (Current Employee) Nanaimo, BC (Canada)

    ProsGood training program, work life balance is great. One can move up easily.

    Conspay could be better, too much unnecessary paperwork.

    Advice to Senior ManagementCompensation should be increased. Not a lot of young people staying with the company, which shows the company needs to make effort to retain them.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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