Scotiabank FAQ

Have questions about working at Scotiabank? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Scotiabank.

All answers shown come directly from Scotiabank Reviews and are not edited or altered.

71 English questions out of 71

December 7, 2020

Does Scotiabank offer massages?

Pros

The people there are very nice. There's free coffee and nice working atmosphere.

Cons

Training could be a little more comprehensive and there's not a lot of communication through the different departments.

There's free coffee and nice working atmosphere.

December 7, 2020

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March 23, 2021

Does Scotiabank offer dental insurance?

Pros

Competitive Salary, bonuses based on sales, up to 6% share purchase plan with 4% matched, good benefits, dental, health, quick refunds, 16 days vacation.

Cons

No access to credit, very hard to get approvals, terrible management approach, daily meetings, they'll grind you every day for 30m-1hr before you even get started with your day. "Team" approach is all fake. They rather hire externals from other banks than promote within.

Advice to Management

70% of the people at my branch quit, management, HR and leadership are well aware what the problems are, grinding people down until they snap. Stress leaves are a common practice. Human decent treatment of staff will help you more to reach the top 3 that you are really wishing to obtain. Clients notice from miles how unhappy your staff is.

Competitive Salary, bonuses based on sales, up to 6% share purchase plan with 4% matched, good benefits, dental, health, quick refunds, 16 days vacation.

March 23, 2021

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July 14, 2020

Does Scotiabank have a pension plan?

Pros

Great benefits, pension and great start for any career.

Cons

low salary, hard to move up in the company.

Great benefits, pension and great start for any career.

July 14, 2020

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May 8, 2019

Does Scotiabank offer a wellness program?

Pros

Salaries are decent Customer interactions are usually very positive Coworkers are usually very nice and respectful

Cons

Benefits and Employee Share programs are a joke. If you aren't working full time hours, you won't have access to any medical benefits or anything else worth while. Usually when you first start working there you are put on as casual which means they don't have to put you on the schedule if they don't want. It's frustrating. A LOT of micro-management within all departments. Supervisors and managers don't always have proper training when it comes to policies and other important areas. They can be very unapproachable and unprofessional. If you have questions or concerns for the HR department, they will take the time to hear you out but won't give you options and will pretty much tell you to get over it. If you think seniority means anything to this company, you're wrong. They treat their customers better than their employees.

Advice to Management

You guys really need to take more time when it comes to hiring new branch managers or supervisors. Also, it would be best to give the branches newer computer systems so that they can actually do their jobs properly.

Benefits and Employee Share programs are a joke.

May 8, 2019

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February 10, 2021

Does Scotiabank offer life insurance?

Pros

Great managers and helpful staff, great insurance and benefits

Cons

Limited opportunities if you are not in Toronto

Great managers and helpful staff, great insurance and benefits

February 10, 2021

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71 English questions out of 71

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