Scotiabank Reviews | Glassdoor

Scotiabank Reviews

Updated October 21, 2018
2,367 reviews

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3.4
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
893 Ratings

2,367 Employee Reviews

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Pros
Cons
  • "work-life balance could be better" (in 69 reviews)

  • "long hours, travel meant working at least 16 hours a day" (in 38 reviews)

More Pros and Cons

  1. "Research Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Analyst
    Current Employee - Research Analyst
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great place to work at. Work life balance. Space to be an entrepreneur with your work. Good culture, growth opportunity.

    Cons

    Not much to say on the negative side. Canadian, large, so that means its slightly bureaucratic and slow, but it’s not a major issue.


  2. "Wealth Management Associate"

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

    I have been working at Scotiabank full-time

    Pros

    Training was good. Opportunities to be mentored by senior management.

    Cons

    Not that technologically advanced and could improve culture of working across departments

  3. Helpful (2)

    "Management Comfortable with Discrimination & Harrassment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Ontario, CA
    Current Employee - Financial Advisor in Ontario, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    *You can learn a lot about financial well being while working on the front line, i.e. branch banking.
    *Benefits

    Cons

    Management can openly harrass you about your religious beliefs and turn you into a joke in front of your peers. Upper management and HR will do nothing to aid your situation, if anything, they will find a way to put the blame on you and support the person who is actively engaging in discrimination. To top it all off, their resolution is simply "keep working and stay off social media."

    Advice to Management

    My religious beliefs are not a joke. The fact that HUMAN RESOURCES can accept a MANAGER saying that the way they treat an employee is a "harmless joke" is the real joke here. It did not feel like a joke when I was being laughed at by 6 different people. Scotiabank's core values include valuing every customers voice but they show little to no care for respecting the voice of their own employees.
    Advice to staff:
    If you have a concern, reach out to the ombudsman, because HR will only work against you.


  4. "Scotiabank New York"

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

    I have been working at Scotiabank full-time

    Pros

    Good work life balance, slower paced than US and European banks

    Cons

    Very Toronto centric - all key decisions need to be made at HQ, salaries are lower compared to peers


  5. "NA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Commercial Account Manager in Ontario, CA
    Former Employee - Commercial Account Manager in Ontario, CA
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Scotiabank is investing in technology.

    Cons

    Scotiabank’s execution to corporate technology is bad in class .

    Advice to Management

    Slow down and measure the quality of changes .


  6. "Customer Sales Representative"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good for students that want to work part time.

    Cons

    Bad culture, treated new joiners as an outkast. Seemed like the branch was being run by a group of friends or family and they would treat new joiners very poorly and eventually squeeze you out until you break.


  7. "Senior Risk Manager"

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

    I have been working at Scotiabank full-time

    Pros

    Salaries, benefits, employees. Retirement plan is great.

    Cons

    Limited work life balance.
    Limited communications with senior management

  8. "Accountant"

    StarStarStarStarStar
    • 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 3 years)

    Pros

    Great team to work with

    Cons

    Too narrow and too manual


  9. "BA"

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

    Pros

    Location is in DT Toronto

    Cons

    No work life balance enforced


  10. "Team Lead"

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

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

    Pros

    Great place to learn, a lot of growth opportunities

    Cons

    No investment in new tech

    Advice to Management

    Keep helping young leaders to grow


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