Scotiabank Reviews | Glassdoor

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Scotiabank Reviews

Updated February 23, 2018
2,002 reviews

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

2,002 Employee Reviews

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Pros
Cons
  • Depending on the area, work/life balance is challenging to achieve (in 58 reviews)

  • 20% of interns were hired for full time positions (in 33 reviews)

More Pros and Cons

  1. Featured Review

    "A true high-performing team!"

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

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

    Pros

    I joined Scotiabank in 2016 and started working in the Digital Factory - our innovation hub tasked with transforming the customer experience. There, I had the opportunity to work with the most talented group of individuals in my international career and have made significant impact to the work, culture and team. It's been an incredibly rewarding experience.

    I recently moved to another new group to the bank. Scotiabank saw this skill-set as being an important one for the bank so they invested in it's creation.I think that's pretty amazing.

    If you're looking for a place that will challenge you, offer meaningful training / development opportunities and give you access to some of the best leaders in the business (technology, retail banking, operations etc.) than this is the place for you.

    Cons

    Some processes need to be re-designed but it's in the works!

    Advice to Management

    Keep your foot on the gas and investing in skillsets that are going to continue to drive our transformational change.


  2. "HR & Administration Officer"

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

    I worked at Scotiabank full-time

    Pros

    Great place to work with, great people acting as family.

    Cons

    There are limited career opportunities

  3. "Excellent Employee Training Program"

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

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

    Pros

    The company training program is awesome, the possibilities are endless in learning new areas and improving yourself, great benefits and vacation time.

    Cons

    none to mention setbacks are merely how you apply yourself to the task at hand

    Advice to Management

    keep up the good work


  4. "Still in transformation and always behind"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time (More than 3 years)

    Pros

    New York office has a talented team and nice work environment.

    Cons

    Toronto head office thinks too much of themselves. Pay is always uncompetitive.

    Advice to Management

    Double your expenditures on technological improvements. Show and reassure thru deeds, and not pompous speeches.


  5. "Selenium Tester"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - QA/Selenium Tester in Houston, TX
    Former Employee - QA/Selenium Tester in Houston, TX

    I worked at Scotiabank full-time (More than 3 years)

    Pros

    Healthy Work Environment.Strong Interaction with peers

    Cons

    Nothing to say much about cons


  6. "Decent company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    Large network and global presence.

    Cons

    Routine work, lack of innovative culture

    Advice to Management

    Promote based on merit and not seniority


  7. "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.

  8. "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.


  9. "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


  10. "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.


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