Scotiabank Reviews | Glassdoor

Scotiabank Reviews

Updated November 18, 2017
715 reviews

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715 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. "Good, solid bank with pleasant atmosphere."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    No opinion of CEO

    Pros

    The company is in good shape at a time when the financial sector as a whole is in chaos. Offices and branches around the world mean opportunities for working abroad. There is an atmosphere if healthy competition, without much of the eat-rocks-and-crap-fire, alpha-dog stuff you might find elsewhere.

    Cons

    A fair amount of second-guessing; lots of paperwork; some of the same territoriality you will find in any big organization. Office location next to WTC site will be a downer for some (at least until something is finally built there).

    Advice to Management

    Keep being cautious about risk and capital ratios. Maybe cut back a little on the strategic missives couched in wordy corporatese. When I read these, I'm not convinced that the thinking behind them is entirely clear.


  2. "Analyst"

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

    I have been working at Scotiabank as a contractor

    Pros

    Good promotion progress, nice people around you

    Cons

    too contrated, flat learning curve after 1 year

  3. "Great work place"

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

    I have been working at Scotiabank as an intern

    Pros

    Good work culture, Smart people

    Cons

    Not much challenging for co-ops


  4. "Short term"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Account Manager in Toronto, ON (Canada)
    Former Employee - Account Manager in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good hours well paying and nice people

    Cons

    none what so ever for me

    Advice to Management

    keep up the good work


  5. "Great place for any career"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Scotiabank as an intern

    Pros

    Create company culture, plenty of opportunity to move around within the bank and try new experiences

    Cons

    Numerous stages in the organizational hierarchy makes it very difficult to be promoted


  6. "Great team"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank full-time

    Pros

    Great Senior Manager in charge of the team. Always helpful and works with you.

    Cons

    Head office in Toronto, so opportunities for advancement limited.


  7. "Data Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    Worked with a great group!

    Cons

    Did not have the opportunity to learn a lot about the business.

  8. "Mostly good place to work"

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

    I have been working at Scotiabank full-time

    Pros

    Strong focus on optimal customer experience and move to digital banking.

    Cons

    This bank, like many others, is in the midst of a digital transformation that is hitting all areas of the bank. Due to restructuring several roles have been eliminated which has resulted in laying off people with key skills/knowledge.

    Advice to Management

    Rationalizing roles makes sense in the new digital reality. Ensure that you are not losing too many experienced people during this change.


  9. "CSO"

    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

    Room for growth within the company if you show that you're dedication.
    Pay for working overtime during any public holiday is 3.75 times more.

    Cons

    Hard is maintain a positive attitude everyday. Customers will bring you down!


  10. "mix-driven working environment depending on the team"

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

    I worked at Scotiabank (More than 3 years)

    Pros

    Multicultural, dynamic but depending on the team

    Cons

    many structures changes not only the organization change but also leadership team change


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