IT Director - IT Director Scotiabank Employee Review

2.0
Aug 30, 2016
Recommend
CEO approval
Business outlook

Pros

- Great friendly highly competent people to work with from all cultures, ages etc - Great learning environment with lots of internal training opportunities - Many Very Interesting projects - Pay is fair - Opportunities to change roles/careers

Cons

- New senior Execs have come in who are applying rather ruthless cost cutting measures despite the bank currently enjoying high profitability - The measures have included significant layoffs, higher levels of outsourcing of work to off shore vendors and a palpable increase in work stress levels for many IT employees - Internal process's and paperwork etc are extremely inefficient, time consuming and very frustrating - Health insurance benefits are weak

Explore other reviews about Scotiabank

5.0
May 17, 2026
Recommend
CEO approval
Business outlook

Pros

very good enviroment of working

Cons

i have no cons for the bank

2.0
Jun 5, 2026
Recommend
CEO approval
Business outlook

Pros

A couple of smart people who are kind and open to mentoring. Hours not bad given no deal flow in US.

Cons

Top heavy management. Culture values heavy politicking. Low bonuses.

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