Scotiabank Reviews

Updated 25 April, 2015
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3.5
649 Reviews
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Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
118 Ratings

Pros
  • work life balance, position title is higher than other Canadian banks (in 80 reviews)

  • weekly team meetings which encourages a team-oriented work environment (in 30 reviews)

Cons
  • Was recruited with a promise of improved work life balance - this hasn't materialized (in 6 reviews)

  • Some office politics but nothing unlike other work places (in 9 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Fantastic, tons of opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager, Learning in Toronto, ON
    Current Employee - Senior Manager, Learning in Toronto, ON

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great networking culture, very professional

    Cons

    As you become more senior your work life balance isn't as balanced

  2. good place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    open communication, flexible working schedule

    Cons

    low salary, low annual adjustment

  3. Senior Manager

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    - easy going environment
    - like my managers

    Cons

    - pay scale is not consistent with the bank
    - salary range for levels are not transparent

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


  5. A great bank to work with

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Wide range of products to sell

    Cons

    the financial tools used sometimes gets complicated

  6. Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Freelancer - Anonymous Freelancer in Toronto, ON
    Current Freelancer - Anonymous Freelancer in Toronto, ON

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    This bank is a very good boos, good salary and perls

    Cons

    Very good boss I like this bank

  7. Great place to work for work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Toronto, ON
    Former Employee - Anonymous Employee in Toronto, ON

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Total compensation including, pay, benefits, pensions and ESOP

    Cons

    Large organization, means that your loyalty will ultimately mean nothing as you are considered just a number.

  8. Financial advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Toronto, ON
    Current Employee - Financial Advisor in Toronto, ON

    I have been working at Scotiabank

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Strong employer .Less or no lay offs .Strong environment to learn ..

    Cons

    Internal politics , discrimination also lots of new employee resignations .People are so scared to express what they think .As a new immigrant less than 5 years lots of bad customer experience from customers and management .Demand more than what it pays (my personal opinion).

    Advice to Management

    Increase pay and be competitive in the industry .You guys are spending a lot in new trainees and at the end of the training or within a year they resign and go somewhere else to work ..why ? Do you think each and every employee there are not good for this job...I have a feeling that only those who are not ambitious and not very straight forward or not confident to get a better or similar place to work are staying .they acheive their target by enquiries, walkins and existing customer good relationships and new recruits really struggle and hard to find these kinds of business .some serious issues there and please research and rectify ...

  9. Advisory Programmer Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisory Programmer Analyst in Toronto, ON
    Current Employee - Advisory Programmer Analyst in Toronto, ON

    I have been working at Scotiabank (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work Life Balance. Safe and Secured Job

    Cons

    Very slow career progression. Lot of politics

    Advice to Management

    Move aggressive hadrworking people up and cut down on favoritism

  10. Scotiabank

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

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Environment to work in

    Cons

    The Starting time of 8:30 is not great with Daycare Duties as well

    Advice to Management

    Listen to your team

  11. Help customer do transactions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Saskatoon, SK
    Current Employee - Customer Service Representative in Saskatoon, SK

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Improve communication skills. Good working environment.

    Cons

    Sometimes may run into tough customers

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