Scotiabank Reviews
Updated Feb 5, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 129 ratings Employees say it's "OK" |
CEO Rating
Based on 86 ratings
President, CEO, and Director |
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| 21–30 of 129 Scotiabank Reviews | Sort by |
Pros
-Most international bank in Canada
-Great team
-Good career advancement opportunities
Cons
-Average age of employees is rather high (i.e. mid thirties to early forties)
-bonus packages could be better
Advice to Senior Management
Continue growing the Bank's international presence. In addition, continue to reward and promote top talent within the company.
Pros
Life/work balance, international presence and good challenges
Cons
Salaries are not the highest on Bay St.
Pros
Large Organization, career opportunities abroad
Cons
Political, red tape, face time
Advice to Senior Management
Empower your employees at all levels!
Pros
Good balance between home and work
A conservative bank which is fairly competent
Cons
Large organization and has the cons of a large organizations,
you can be lost in the crowd
Pros
Good pay for a student job.
Lenient with time off.
Good job experience.
Good learning experience.
Looks really good on your resume.
Cons
When policies change, you aren't always aware.
Few/no pay increases (over a 1 year period)
Little recognition for a job well done.
Management thinks you're disposable.
Management can be unreasonable; they would call me at the last possible minute to ask me to pick up a shift (can you come for a shift in 10 minutes?) and would take advantage if you accept too many times. In addition, in the circumstance that I was unable to answer my calls, for whatever reason, when I would go into work for my next shift, management would get upset and yell...?!!
When you are a student, older people/adults can be rude because you are young. No one reprimands these people...
Was once told that because I take a non-confrontational approach when it comes to clients, I compared to a co-worker who downright rude to clients...????
VERY STRESSFUL!
Advice to Senior Management
Just because someone is a student, or works in the front-line, doesn't justify others being rude and unreasonable. There should be more meetings so everyone is informed when a policy is changed.
Pros
Location is good
Team sizes help
Cons
Internal relationships can be sticking points
Meetings upon meeting - very convuloted sometimes
Advice to Senior Management
Less meeting, more cross training, more training on why trades are iniated to help understaing through every department
Pros
Good organization culture and team work in some departments.
Cons
Not clear on some policies for example promotions within certain teams.
Advice to Senior Management
Listen more to employees and understand what they do.
Pros
Its a great place to work so far, the people are great and the benefits are awesome. Only the wage leaves a little to be desired but it's a start and I'm confident there will be lots of room for advancement. Comprehensive training program is nice but a bit of a challenge. Overall I would recommend it as a place to start your career in the banking industry.
Cons
The wage structure is a bit below average but there is room for increases from what I've read.
Pros
Very good benefits, decent compensation
Cons
Management plays favourites, promotions are based on how much your immediate manager likes you.
Pros
-flexible with time off
-decent pay to start 51k
-benefits
-bonus potential is over 10k
Cons
-TD had much better stock plan
-systems are terrible and outdated
Advice to Senior Management
-upgrade your systems

