Scotiabank Reviews

Updated September 1, 2015
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
151 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

731 Employee Reviews

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  1. Hard Work Goes Unnoticed

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Representative in Calgary, AB (Canada)
    Current Employee - Customer Representative in Calgary, AB (Canada)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank (More than 8 years)

    Pros

    Great people to work with and great customers, great staff discounts, great learning experience for many things , and a family like environment

    Cons

    No job opportunities, high turnover , mangers have favourites, on the lower side for paying with the big 5 banks, no more mid office and because this everyone is over worked. They expected everyone to go 150% with no reward.

    Advice to Management

    More staff equals happy employees and that equals happy customers and that equals a profite. We are to over worked now that mid office is gone. I fear we lose more staff and customers because of this.


  2. QA Analyst

    • Career Opportunities
    • Comp & Benefits
    Former Employee - Quality Assurance Analyst in Toronto, ON (Canada)
    Former Employee - Quality Assurance Analyst in Toronto, ON (Canada)
    Neutral Outlook
    No opinion of CEO

    Pros

    The testing of software was done manually. No tools were used

    Cons

    Did not renew my contract even though lot of work was scheduled

    Advice to Management

    Provide feedback about job prospects


  3. customer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Calgary, AB (Canada)
    Former Employee - Anonymous Employee in Calgary, AB (Canada)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Scotiabank (Less than a year)

    Pros

    environment, benefits, people, applause points, applause

    Cons

    salary, mgmt., porter, porter, brian


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


  5. Not what you would expect

    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    I have been working at Scotiabank full-time

    Pros

    Free banking, coworkers, learn about financial products

    Cons

    Low pay, abusive customers, unreasonable amount of work for little pay


  6. Salary

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Its a good clean jobn

    Cons

    Only part time available for bank tellers, very low pay, not worth it.


  7. so far so good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time (Less than a year)

    Pros

    After only 3 month I have found that people here are happier than the other bank I worked at. Plus they truly care about work life balance where the last bank I worked at talked about it but didn't really give a sh*t

    Cons

    Systems are dated, under staffed. High work load due to inefficient systems and procedures


  8. Customer Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Representative/Teller
    Current Employee - Customer Representative/Teller
    Doesn't Recommend
    Negative Outlook

    I have been working at Scotiabank part-time (More than 3 years)

    Pros

    daytime hours, closed on important holidays

    Cons

    Poor management style, high stress, low pay

    Advice to Management

    Make it fun. If your staff are interested in doing a good job, make it easy for them by making it fun!


  9. Sr Assistant Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Assistant Manager in Mumbai (India)
    Current Employee - Senior Assistant Manager in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very comfortable work atmosphere. Lot of personal touch amount employees and senior management.

    Cons

    Since growth is limited there is lot of stagnation.


  10. Good opportunity, poor pay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON (Canada)
    Current Employee - Senior Business Analyst in Toronto, ON (Canada)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Excellent mobility between positions and departments. There is immense opportunity for those who work hard enough to uncover it. Pay can accelerate quickly.

    Cons

    Initial salaries are below average to the marketplace. Management can severely impact performance ratings and pay improvement negatively. Benefits are also poor.

    Advice to Management

    Continue to work towards identifying good talent within.


  11. Great people in a large company with lots of opportunities.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Toronto, ON (Canada)
    Current Employee - Director in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time (More than 8 years)

    Pros

    Large company with lots of varied career options. Excellent collaborative people at the Director and below level. Excellent customer service and pride at the Branch level.

    Cons

    Highly politicized at the VP+ level. Slow to adopt change. Few formal processes (constant wheel-reinventing). Some less than ideal work locations.

    Advice to Management

    Drop the old 3 year on post and other antiquated HR rules. Move top talent around frequently, recognize that they may not excel at every role, and find that role where they do excel (leverage strengths rather than focussing on weaknesses).



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