Scotiabank Reviews | Glassdoor

Scotiabank Reviews

Updated February 23, 2017
1,445 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
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Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
462 Ratings

1,445 Employee Reviews

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Pros
Cons
  • unable to strike a good work life balance (in 40 reviews)

  • Hard to get full time permanent position - usually hire contract first (in 24 reviews)

More Pros and Cons

  1. "Stable employment, balanced career advancement and life"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Recommends
    Neutral Outlook

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

    Pros

    No high stress typical in other wall street banks.
    management recognizes personal contributions.
    Stable employment, from prudent hiring and no-waste cost management.

    Cons

    Dated IT systems.
    Risk control is too stringent to grow business.

    Advice to Management

    Invest in profit generating infrastructures.


  2. Helpful (1)

    "Great place to work"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    I enjoyed working at scotia bank, they have a strong sense of community and family. Did not feel like work at all when i was there.

    Cons

    because it is a big company it will take some time to climb the ladder, so you have to be patient and have a clear direction as to where you want to go in the company.


  3. "Scotiabank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - ION Marketview Support Analyst in New York, NY
    Former Employee - ION Marketview Support Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A young and dynamic working environment

    Cons

    The people that worked closely with me and my direct bosses did not decide my salary


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


  5. Helpful (1)

    "The branch I was stationed in had some of the most amazing people. It truly made the experience top notch."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Cornwall, NY
    Former Employee - Customer Service Representative in Cornwall, NY
    Recommends
    Positive Outlook

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

    Pros

    - Truly amazing people
    - Great corporate culture
    - Customer service was always paramount
    - Great banking products and customer loyalty

    Cons

    - The pay for CSR isn't high, but that's to be expected.
    - None

    Advice to Management

    The Cornwall branch is certainly doing things right. Keep it up.


  6. "Good work place"

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

    Pros

    Amazing Enviroment good salary great management

    Cons

    Nothing in particular I liked everything

    Advice to Management

    I do not have any special advice to management it was all good


  7. "Great Place to Work"

    Star Star Star Star Star
    • 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


  8. "Manager Personal Banking"

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

    I worked at Scotiabank full-time (More than 10 years)

    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. Helpful (1)

    "Solid global bank with great traditions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Scotiabank is a solid global bank with 190-year history and good reputation. Many people have worked for 30-40 years here. Low employee departure rate. The Work-life balance is better than at other comparable institutions.

    Cons

    If you work well, your career may stall just because your leaders are happy having you in your role. In Canada, the bank pays less than competitors. In the U.S. - mid-market.

    Advice to Management

    Promote the bank externally, with potential employees and MBA schools. Celebrate employees' achievements and service milestones. Introduce cash reward component with "Best of the Best" and similar awards.


  10. "Tempt"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Party Associate in Brooklyn, NY
    Former Employee - Party Associate in Brooklyn, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Scotiabank (Less than a year)

    Pros

    Great place to work at.

    Cons

    More time to learn their type of business.


  11. Helpful (1)

    "Trading"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trading in New York, NY
    Current Employee - Trading in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work in Canada.

    Cons

    None, it's a great place to work.

    Advice to Management

    None



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