Scotiabank

  www.scotiabank.com
  www.scotiabank.com

Scotiabank Reviews

Updated December 15, 2014
Updated December 15, 2014
562 Reviews
3.4
562 Reviews
Rating Trends

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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
89 Ratings

Review Highlights

Pros
  • work life balance, position title is higher than other Canadian banks (in 80 reviews)

  • weekly team meetings which encourages a team-oriented work environment (in 30 reviews)


Cons
  • Was recruited with a promise of improved work life balance - this hasn't materialized (in 6 reviews)

  • Some office politics but nothing unlike other work places (in 9 reviews)

More Highlights

199 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    So far so good

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

    I have been working at Scotiabank full-time (less than an year)

    Pros

    Good work life balance, big and growing company

    Cons

    Very hierarchical, lots of politics involved with promotions

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Architect

    • 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

    Good Work-life balance, good benefits

    Cons

    Promotions, old school office culture its a bank

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great organization

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

    I worked at Scotiabank as a contractor (more than an year)

    Pros

    Great Salary, benefits, work/life balance, variety of work.
    Supports a great deal of philanthropic endeavours

    Cons

    Difficult to move up
    Minimal salary increase year-over-year
    No education support
    No clear direction from Manager
    Silo'd every difficult to go from one Compliance area to another

    Advice to ManagementAdvice

    Create a rotation program within Compliance

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Great place to intern, everyone was willing

    Current Employee - Financial Analyst in Toronto, ON (Canada)
    Current Employee - Financial Analyst in Toronto, ON (Canada)

    I have been working at Scotiabank as an intern (less than an year)

    Pros

    There were pre-defined goals set in place by my manager at the beginning of my term. I was kept very busy, often staying late to complete the work. When I ask questions, which was often, everyone was willing to take the time and make sure that I understood the crux of the answer.

    Everyone in the group was willing to be personable to me and that's all you can ask for.

    Cons

    I was given lots of work, and while not overwhelming, I often worked late to the point that I was reminded that I could go home.

    Advice to ManagementAdvice

    Make sure to keep this program around for others! I learned lots of skills and gained a better understanding of how the business operates.

  6.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Mexico City (Mexico)
    Current Employee - Senior Manager in Mexico City (Mexico)

    I have been working at Scotiabank full-time (more than an year)

    Pros

    Good culture with great benefits

    Cons

    Bank structure makes it difficult to move quick

    Advice to ManagementAdvice

    Move Faster

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great Job

    • 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

    Pros

    Interesting work, great work life balance, smart people

    Cons

    not the highest paying. . . . very conservative, won't be doing exciting high finance.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Overall satisfactory

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

    I have been working at Scotiabank full-time (more than an year)

    Pros

    In general, people are treating each other with respect. Same as other big institutions, there can be a lot of internal job opportunities - depending on individual's experience, skills and educational level. Many employees have faith in the bank's international footprint.

    Cons

    Pay is below average, in particular at non-managerial levels. There has been increasingly more push for sales in various departments, even roles that are traditionally not sales oriented.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Strong organizational culture, focus on constant development.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Pros

    Strong emphasis on professional development within positions.

    Cons

    high focus on online training

  10.  

    So far so good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banking Officer in Whitecourt, AB (Canada)
    Current Employee - Personal Banking Officer in Whitecourt, AB (Canada)

    I have been working at Scotiabank full-time (less than an year)

    Pros

    Good company culture, inclusive and embracing of diversity.

    Cons

    A lot of changes are happening at the moment which can be tough to keep up with but it's meant to make the bank more efficient and customer oriented.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Analyst

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

    I worked at Scotiabank full-time (more than an year)

    Pros

    Good colleagues, good communication, nice work environment

    Cons

    Low pay, salary, benefits, vacation pay

    Advice to ManagementAdvice

    Should be more professional

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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