New VPs only care about stock price - Anonymous employee Scotiabank Employee Review

3.0
Sep 2, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

+Pension plan if we you want to stay long + Multicultural environment. Coworkers from everywhere.

Cons

- The bank wants to reduce OPEX at expense of employees benefits/salary so they can increase their net profits and thus the price of the stocks. - They have many give to community events but almost 100% of the proceeds come from voluntary donations from employees and not from the bank itself. Basically they are very cheap. - VPs won't listen to their staff's feedback. - They used to say you don't get higher salary but you get job security, last year there were massive layoffs. - I 'm rating them bad in work/life balance because the want to get away from work from home, just because someone said others are doing so..

Explore other reviews about Scotiabank

5.0
Dec 8, 2025
Recommend
CEO approval
Business outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

4.0
Jun 29, 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance Good pay

Cons

Management focus on automation / AI

See reviews by: Helpful|Rating|Date|All