Scotiabank Reviews | Glassdoor.ca

Scotiabank Reviews

Updated 23 March, 2017
1,500 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
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Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
483 Ratings

1,500 Employee Reviews

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Pros
Cons
  • unable to strike a good work life balance (in 41 reviews)

  • Only hire part-time at first, then they will consider a full-time position later (in 25 reviews)

More Pros and Cons

  1. Helpful (1)

    "Nepotism, Loyalty Meaningless, Incompetent Directors & VPs"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director, International
    Current Employee - Director, International
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Scotiabank full-time

    Pros

    well the salary of course until you can find the next, better job and use BNS for Resume, then leave for mo' money

    Cons

    - poor salary & terrible health benefits
    - pregnant women, people in their 40s-50s laid off because of their high salaries and pensions
    - fear of being physically or emotionally ill because many of those "laid off" for no cause
    - managers who scream because not skilled enough to lead
    - lots of backstabbing because of the culture of fear created by Porter and cronies

    Advice to Management

    - is there anything can say to them? if they read glassdoor all the advice is there
    - it's not a performance-based culture because there are a lot of people here, especially "leaders" that came right out of high-school or uni that couldn't find job anywhere else (some helped by their mommies and daddies who were former employees)


  2. "Trade Floor Technology Consultant"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    They are very Flexible with work hours

    Cons

    They use a lot of old school tech


  3. "iTrade"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Montreal, QC
    Current Employee - Anonymous Employee in Montreal, QC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Friendly staff. Colleagues are young. Team spirit.

    Cons

    No real information transferred between management and employees. Lot of red tape


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


  5. Helpful (1)

    "Good but need more structured to be best !!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Owner in Toronto, ON
    Current Employee - Product Owner in Toronto, ON
    Doesn't Recommend
    Approves of CEO

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

    Pros

    Very good work life balance

    Cons

    Full of favoritism, very homogenized work culture...


  6. "Good environment to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Toronto, ON
    Current Employee - Customer Service Representative in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank (Less than a year)

    Pros

    Great career development opportunity
    Good company culture and environment

    Cons

    a little bit tense working phrase


  7. "Customer Service Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Representative in Ottawa, ON
    Former Employee - Customer Representative in Ottawa, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Scotiabank full-time (More than 3 years)

    Pros

    While working at Scotiabank I gained valuable customer experience. I assisted customers daily to resolve their issues. It gave me the ability to analyze certain situation and the ability to handle them.

    Cons

    I found Scotiabank to not be very helpful when trying to plan for a career. I did not have a lot of guidance and was unsure of where I would be most beneficial in the company.


  8. "Great senior management and employee morale"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Consultant in Toronto, ON
    Former Employee - Marketing Consultant in Toronto, ON
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Scotiabank full-time (More than 3 years)

    Pros

    Employees are cared for and about with high potential individuals nurtured and recognized. Management is typically supportive and resources (both internal and external) are generally available to do the best job possible.

    Cons

    As is typical in this day and age, program budgets are consistently under review often necessitating hard decisions that impact the ability to execute the best thinking.


  9. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Representative in Toronto, ON
    Current Employee - Customer Representative in Toronto, ON
    Negative Outlook
    Approves of CEO

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

    Pros

    i like the fact that there is a tight relationship between individuals within an organization

    Cons

    sales targets can be tough to hit depending on the location


  10. "SBA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Small Business Advisor in Calgary, AB
    Current Employee - Small Business Advisor in Calgary, AB
    Recommends
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Good perks and good work life balance

    Cons

    Can be very long hours


  11. "Great place to work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Burlington, ON
    Current Employee - Customer Service Representative in Burlington, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Reaching sales targets is not as important compared to other banks. Rules and policies are pretty reasonable, however branches differ.

    Cons

    Working weekends, extended Fridays.

    Advice to Management

    Utilize work hours more appropriately



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