Scotiabank Reviews | Glassdoor

Scotiabank Reviews

Updated June 25, 2017
1,644 reviews

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Full-time Part-time

1,644 Employee Reviews

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Pros
  • Staff development & good work-life balance (in 138 reviews)

  • friendly work environment,good place to learn,amazing people (in 109 reviews)

Cons
  • unable to strike a good work life balance (in 46 reviews)

  • No centralized process for Co-op students to apply internally for Full time jobs (in 29 reviews)

More Pros and Cons

  1. "Sales and Trading Summer Analyst"

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

    Pros

    Very chill group. Hours were great -- 7 till 5. Not too much difficult work and very consistent day to day

    Cons

    Kind of boring program. Don't really get to push yourself. No formal training of any kind. Also was for the entire summer whereas most programs run only 10 weeks. Pay was weak

    Advice to Management

    Create a structured training program for summer hires at the beginning of the summer. This would let the interns hit the ground running.


  2. Helpful (5)

    "an employer you should try to avoid."

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

    Pros

    Absolutely none. Please refer to the Cons

    Cons

    All is negative. Senior management doesn't have any management skills, salary is one third of my current compensation. Placement is wrong acceptance is totally wrong. It's a joke in my life. Goodbye permanently.


  3. Helpful (2)

    "Not a place for high performers"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Good place for those who don't want to work hard

    Cons

    Pay below average; not a high performing culture


  4. "coop analyst"

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

    Pros

    Good working environment. People are friendly. I have a chance to access multiple interesting projects.

    Cons

    The salary is low and workload is high.

    Advice to Management

    management should focus on general picture not into details


  5. Helpful (1)

    "Best Job I Ever Had"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Company culture, free lunches, sabbaticals.

    Cons

    Cubicle environment, can't use social media at work.


  6. "scotiabank ... great company"

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

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

    Pros

    Great staff, benefits, environment. great place to work

    Cons

    Goals and Targets, but it really rewarding so this might not even be a con


  7. Helpful (3)

    "Director Level"

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

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

    Pros

    A fantastic traditional internal culture embodied in the people, but which is currently under tremendous change as part of a new Corporate Philosophy. Pay is about mid market in Canada and below Industry Standard in the US. Benefits are being reduced with more of the costs being borne by the employee in Canada. In the US, it's still pretty good, but not as good as it was a few years ago.

    Cons

    Very little communication about how all of the numerous and very recent and also VERY hurried "departures", from the most senior on down, coupled with other changes contribute to the "Strategy" that's been presented.

    Alot of uncertainty from within. Huge change always brings that, but more effective communication would mitigate some of that for the employee.

    Advice to Management

    Perhaps devote some effort into more timely and informative messages on why all of the changes in key staffing.


  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. "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


  10. "senior manager"

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

    Pros

    good people to work with, on public transportation line, no layoffs

    Cons

    slow to advance, compensation less than other banks

    Advice to Management

    let senior levels move before 3 years


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