Scotiabank Reviews | Glassdoor

Scotiabank Reviews

Updated November 24, 2017
1,870 reviews

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3.4
StarStarStarStarStar
Rating TrendsRating Trends
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
663 Ratings

1,870 Employee Reviews

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Pros
  • Great team-- really hard working and cared about work life balance (in 149 reviews)

  • good work environment in toronto (in 123 reviews)

Cons
  • unable to strike a good work life balance (in 55 reviews)

  • No performance assessment for full time (in 31 reviews)

More Pros and Cons

  1. "customer service"

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

    Pros

    growing organization, good management and training, good compensation and benefits.

    Cons

    targets can be ridiculous since the economy is bad.


  2. "Teller"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank full-time

    Pros

    It was a great experience

    Cons

    There is nothing negative to say.

  3. "Foreign Exchange Trading Officer"

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

    Pros

    Diversity, knowledge base, constant training and great mentors.

    Cons

    People in the branch environment often gets overlooked for upward mobility.

    Advice to Management

    Continue to create an environment for innovation and creativity


  4. "my employee experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    Good benefits, flexible time for working hours

    Cons

    Salary is mediocre, contract- centric

    Advice to Management

    They tend to invest a lot for hiring contractors. This takes away from the full time employee. I would like them to invest more on hiring full time employees so the knowledge retains within the company and does not leave when the contractors left.


  5. "Analyst"

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

    Pros

    good team culture & good manager

    Cons

    overtime almost every singe day


  6. "Scotiabank"

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

    I have been working at Scotiabank full-time

    Pros

    Big Bank with lots of job opportunities

    Cons

    Old technology and slow pace


  7. "Customer Relations"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    competitive salary and benefits

    Cons

    lack of proper management in smaller branches

  8. "Intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    Pros

    Great teachers/ mentors, intern program encourages everyone to learn. Excel and bloomberg are used a lot.

    Cons

    Depending on the department, you are either always busy or doing nothing


  9. "Not the greatest paying job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in New York, NY
    Former Employee - Teller in New York, NY
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Good culture and work environment
    Benefits are good
    Work is moderately difficult to learn
    Friendly atmosphere and advancement possibly is there

    Cons

    Very low pay and salary with no additional source of income
    Poorly run management and supervisors
    No negotiation is possible at time of hire

    Advice to Management

    Improve management and increase salary


  10. Helpful (3)

    "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time

    Pros

    Strong rating and global presence

    Cons

    Poor culture, no strategy, very political, no meritocracy. Mediocrity and politics win out.

    Advice to Management

    Lead by example (walk the walk) on diversity and meritocracy.


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