Scotiabank Reviews

Updated July 27, 2015
683 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
3.5
Rating Trends
Recommend to a friend
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
136 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

683 Employee Reviews

Sort: Popular Rating Date
  1. Great Workplace

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Consultant in Nashville, TN
    Former Employee - Customer Service Consultant in Nashville, TN

    I worked at Scotiabank (More than a year)

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

    Pros

    Work/Life Balance is great and a decent company to work for.

    Cons

    Scotiabank is very conservative which does not match my goals.


  2. Not a great experience

    Former Employee - Compliance Analyst in Clifton, NJ
    Former Employee - Compliance Analyst in Clifton, NJ

    I worked at Scotiabank (Less than a year)

    Pros

    There is good morale among employees.

    Cons

    Management is in Canada and has a poor sense of direction

    Advice to Management

    Place directors in other offices. Directors in Canada are out-of-touch because of logistics.


  3. Helpful (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.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Decent place to learn

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

    I have been working at Scotiabank

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    For the most part, relaxed work environment compared to other banks. Teams are generally lean so opportunity to get broad exposure on transactions.

    Cons

    Lack of structured personal development opportunities. Few similar-aged employees. Scotia feels "cheap" in several ways compared to competitors.


  6. 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


  7. Helpful (1)

    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.


  8. 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.


  9. 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


  10. 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.


  11. 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.



Showing 683 of 749 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.