Scotiabank Reviews

Updated July 1, 2015
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3.6
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Recommend to a friend
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
120 Ratings

Pros
  • work/life balance is exceptional (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)

  • Actions and Words of Senior Management hardly match (in 9 reviews)

More Pros and Cons

644 Employee Reviews

Sort: Popular Rating Date
  1. Best Job I Ever Had

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Pros

    Company culture, free lunches, sabbaticals.

    Cons

    Cubicle environment, can't use social media at work.


  2. scotiabank ... great company

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

    I worked at Scotiabank part-time (Less than a year)

    Recommends
    Recommends

    Pros

    Great staff, benefits, environment. great place to work

    Cons

    Goals and Targets, but it really rewarding so this might not even be a con


  3. Director Level

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

    I worked at Scotiabank full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A fantastic traditional internal culture embodied in the people, but which is currently under tremendous change as part of a new Corporate Philosophy. Pay is about mid market in Canada and below Industry Standard in the US. Benefits are being reduced with more of the costs being borne by the employee in Canada. In the US, it's still pretty good, but not as good as it was a few years ago.

    Cons

    Very little communication about how all of the numerous and very recent and also VERY hurried "departures", from the most senior on down, coupled with other changes contribute to the "Strategy" that's been presented.

    Alot of uncertainty from within. Huge change always brings that, but more effective communication would mitigate some of that for the employee.

    Advice to Management

    Perhaps devote some effort into more timely and informative messages on why all of the changes in key staffing.


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  5. Manager Personal Banking

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent company to work for. Great benefits, great leadership, so many different departments/areas of work to move across the group.

    Cons

    Your potential and success somewhat depends on your supervisors ability to lead the team.


  6. Great Place to Work

    • Work/Life Balance
    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank part-time

    Pros

    This company provides a great atmosphere to work in and great people to work with

    Cons

    The office space sometimes gets overheated with the number of people in the office


  7. Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in San Juan, PR
    Current Employee - Manager in San Juan, PR

    I have been working at Scotiabank (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Customer focused, great place to work, family oriented, very conserned about your health and wellbeing.

    Cons

    Poor salary, too many part time positions a lot of turnover.


  8. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Southbury, CT
    Former Employee - Manager in Southbury, CT

    I worked at Scotiabank (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Scotiabank is a great to place to work. Lots of room for development and opportunity.

    Cons

    Although the Bank supports development, it comes down to your direct manager to approve and support this.


  9. Helpful (3)

    Director, Global Banking and Markets

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

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

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    friendly people, collaborative environment in which teamwork is encouraged, excellent work/life balance, solid reputation of the firm, stable financial position of the firm

    Cons

    relatively low pay, quality of management is variable, poor morale in many groups, terrible infrastructure (especially systems)

    Advice to Management

    need to upgrade systems, infrastructure and back-office support groups in order to be competitive


  10. Senior software developer

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Developer in Lexington, MA
    Former Employee - Senior Developer in Lexington, MA

    I worked at Scotiabank (Less than a year)

    Pros

    Coworkers were nice and friendly

    Cons

    Pay is not good, lots of politics


  11. senior manager

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

    I worked at Scotiabank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

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

    Cons

    slow to advance, compensation less than other banks

    Advice to Management

    let senior levels move before 3 years



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