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ScotiaMcleod

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ScotiaMcleod

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Do employees at ScotiaMcleod receive pay raises?

Relevant Glassdoor Reviews

July 8, 2021

Pros

Consistent work, good bonus but it mainly depends on how generous your advisor will be. Benefits and vacation days.

Cons

Don't expect bonus or large salary increase from the branch. Incentive is a "privilege" not a "right" and depends on how nice your advisor feels. Can be stressful and work can be overwhelming if you don't have a great connection with your advisor team.

Don't expect bonus or large salary increase from the branch. Read More

July 8, 2021

Reviewed by: Administrative Associate in Vancouver, BC (Former Employee)

March 6, 2022

Pros

- good employee share ownership plan - great benefits and personal/vacation days

Cons

- no room for growth - not very open for salary raises

not very open for salary raises Read More

March 6, 2022

Reviewed by: Administrative Associate in Vancouver, BC (Current Employee)

February 15, 2023

Pros

Good benefits, interesting work etc

Cons

No where to grow really and bad salary

No where to grow really and bad salary Read More

February 15, 2023

Reviewed by: Administrative Assistant in Toronto, ON (Current Employee)

October 6, 2021

Pros

Small teams, exposure to a lot of different portfolio management strategies, and a good variety of tasks.

Cons

Low pay, lack of connections made with other Scotiabank employees

Low pay, lack of connections made with other Scotiabank employees Read More

October 6, 2021

Reviewed by: Private Wealth Management in Vancouver, BC (Former Intern)

January 25, 2023

Pros

- learning opportunities to advance into an advisors team - working for the Bank kind of security - Benefits (Dental/ insurances) -paid sick leave

Cons

- salary is one of the lowest I have every seen as they haven't updated their salary levels as you'll get easily 10k more at any investment firm - advisors are not fun to deal with - there is no sense of community or support

Advice to Management

Management is great, well the one I worked under however there need to be a stronger advocacy for the salaries of the BOA's and admin roles because honestly it's crumbs.

salary is one of the lowest I have every seen as they haven't updated their salary levels as you'll get easily 10k more at any investment firm Read More

January 25, 2023

Reviewed by: Branch Operations Assistant (Current Employee)

June 27, 2023

Pros

Easy location . Oppprtunities to grow.

Cons

Salary A lot of work not equivalent with salary Enviroment Bonus Start in contract

Salary A lot of work not equivalent with salary Enviroment Bonus Start in contract Read More

June 27, 2023

Reviewed by: Branch Operations Assistant in Toronto, ON (Former Employee)

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