Scotiabank Reviews in Toronto, ON | Glassdoor

Scotiabank Toronto Reviews

Updated March 23, 2017
578 reviews

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Toronto, ON, Canada Area (Canada)

3.4
Star Star Star Star Star
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Recommend to a friend
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
183 Ratings

578 Employee Reviews

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Pros
Cons
  • unable to strike a good work life balance (in 41 reviews)

  • Only hire part-time at first, then they will consider a full-time position later (in 25 reviews)

More Pros and Cons

  1. Helpful (1)

    "Good but need more structured to be best !!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Owner in Toronto, ON (Canada)
    Current Employee - Product Owner in Toronto, ON (Canada)
    Doesn't Recommend
    Approves of CEO

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

    Pros

    Very good work life balance

    Cons

    Full of favoritism, very homogenized work culture...


  2. "Good environment to work"

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

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

    Pros

    Great career development opportunity
    Good company culture and environment

    Cons

    a little bit tense working phrase


  3. "Great senior management and employee morale"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Consultant in Toronto, ON (Canada)
    Former Employee - Marketing Consultant in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Employees are cared for and about with high potential individuals nurtured and recognized. Management is typically supportive and resources (both internal and external) are generally available to do the best job possible.

    Cons

    As is typical in this day and age, program budgets are consistently under review often necessitating hard decisions that impact the ability to execute the best thinking.


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  5. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Representative in Toronto, ON (Canada)
    Current Employee - Customer Representative in Toronto, ON (Canada)
    Negative Outlook
    Approves of CEO

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

    Pros

    i like the fact that there is a tight relationship between individuals within an organization

    Cons

    sales targets can be tough to hit depending on the location


  6. "Great place to work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Burlington, ON (Canada)
    Current Employee - Customer Service Representative in Burlington, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Reaching sales targets is not as important compared to other banks. Rules and policies are pretty reasonable, however branches differ.

    Cons

    Working weekends, extended Fridays.

    Advice to Management

    Utilize work hours more appropriately


  7. "Customer Service Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Officer in Scarborough, ON (Canada)
    Current Employee - Customer Service Officer in Scarborough, ON (Canada)
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - great pay and benefits
    - great opportunity to learn so much about banking
    - easy to move around to other positions when you get in
    - abundance of diversity

    Cons

    - deal with a lot of stress from customers and managers
    - very disorganized and disorientated environment
    - gaining multiple skills which aren't compensated
    - work long hours

    Advice to Management

    Have a better work-life balance and maybe there wouldn't be an attendance policy issue. Also,do a better job in respect organization skills and what is being taught from managers to staff. All in all, good job and keep up the great work!


  8. "Business Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Advisor in Toronto, ON (Canada)
    Former Employee - Business Advisor in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great exposure to the credit structure for the Small Business segments.

    Cons

    This job helps to polish your ability to work under pressure.


  9. Helpful (1)

    "Fun till Wave came"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in North York, ON (Canada)
    Current Employee - Customer Service Representative in North York, ON (Canada)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Nice people, semi easy job, before "wave"; it was an amazing place to work. After "wave", pretty horrible.

    Cons

    Unrealistic expectations, unrealistic wordlist with lots of jargon. Low pay and barely any raise.

    Advice to Management

    be more people oriented. Less jargon, more job opportunity and less unrealistic expectations. Letting people go for no reason after 10 years is distasteful


  10. Helpful (1)

    "Sr Acct Clerk"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Accounting Clerk in Hamilton, ON (Canada)
    Former Employee - Senior Accounting Clerk in Hamilton, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Family environment, good people, we did alot of fun activities

    Cons

    management was bad, alot of change


  11. Helpful (3)

    "Scotibank Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time

    Pros

    Inclusive culture
    supports good external causes

    Cons

    Poor communication
    low salaries
    needs to improve work/life balance

    Advice to Management

    invest in the peopple



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