Scotiabank

  www.scotiabank.com
  www.scotiabank.com
There are newer employer reviews for Scotiabank

1 person found this helpful  

Poor salary even for a students and new grads. No opportunity for career growth.

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

I have been working at Scotiabank

Pros

Big respectful company (that could be a plus i guess)
Stable environment.
Pays for courses related to your work duries.

Cons

The pay is below standard
Too much bureaucracy to change from contract to full-time, if even when their rules state that after 5 years on contracts you are automatically become full-time.
Very uptight and hierarchy structured

Advice to ManagementAdvice

Cut the bureaucracy down, reward employees competitively, stay current on technological side and inspire emplooyees to work for you and be proud about it.

Doesn't Recommend
No opinion of CEO

560 Other Employee Reviews for Scotiabank (View Most Recent)

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  1.  

    "Great Benefits, Work Balance, Promotions only to a certain level"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Sales
    Current Employee - Sales

    I have been working at Scotiabank

    Pros

    Good job stability, Good benefits, Stock option is a huge plus. These are the 3 pros that keep me from looking elsewhere. Hours are standard. Lots of community involvement and peer socializing.

    Cons

    Pay and bonus not as high as other banks and are only given on an annual basis. Recognition is there but weak. Totals are equal everywhere but can be harder to attain in certain areas. Promotion to different areas of the company can be political. Career plans aren't whats best for employee only whats best for management (meaning unless your aspiration meets what they want don't expect moving for awhile). To get promoted to better areas in the company you must leave and come back. Question is would you come back?

    Advice to ManagementAdvice

    Make career development plans more detailed and actually help employees move up and promote within. Allow employees to apply for positions and lower min. time on post.

    Approves of CEO
  2. 1 person found this helpful  

    not very good

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

    I have been working at Scotiabank

    Pros

    the benefits are not so bad and compared to other banks work schedules are not that bad either. Products are better than other banks.

    Cons

    Prospects of growing and not that great. Politics among the management creates a bad work atmosphere at some branches

    Advice to ManagementAdvice

    Please make sure you promote talent within. Instead of people begging you to look at them you should move up the talented people yourself.

    No opinion of CEO
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