Scotiabank Reviews | Glassdoor.ca

Scotiabank Reviews

Updated 15 February, 2019
2,556 reviews

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Pros
Cons
  • "no work life balance, doesnt pay well" (in 75 reviews)

  • "high turnover amongst full-time employee" (in 40 reviews)

More Pros and Cons

  1. "Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Toronto, ON
    Former Employee - Project Manager in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    good benefits, pays on time

    Cons

    slow, decision making are slow, a lot of layers, But normal given the size and type of company


  2. "credit solutions analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    greate working environment
    interesting and friendly coworkers

    Cons

    dead end job
    no career path

  3. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time

    Pros

    Lots of job opportunities and excellent learning programs

    Cons

    Salary is below market average


  4. "Credit Solutions Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    Great Organization to work work

    Cons

    Not enough opportunities to move up in the Maritime. Just the nature of the market.


  5. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Toronto, ON
    Former Employee - Financial Advisor in Toronto, ON
    Doesn't Recommend

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

    Pros

    There are some wonderful people working at Scotiabank and the retail branches were great to work at.

    Cons

    The goals were raised to unreachable levels, support staff were laid off, you don’t have enough time in the day to sell everything expected and do the paperwork so you must stay at least an hour extra unpaid daily just to get your work done. With goals being so high, some people will cheat to achieve them and sign people up for things unknowingly or give them products other than what they asked for. This makes it look like the honest employees don’t work hard enough.

    Advice to Management

    Take an honest look at what you expect from your employees. When you ask for too much, don’t be surprised when customers are lied to, and people come up with sneaky tricks to beat the system.


  6. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good life balance, many events

    Cons

    Big company with old technology


  7. Helpful (3)

    "I Left Before I Was Poisoned (Culturally)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Credit Solutions Analyst in Winnipeg, MB
    Former Employee - Senior Credit Solutions Analyst in Winnipeg, MB
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Scotiabank full-time (More than a year)

    Pros

    - Global company
    - Currently investing in tech

    Cons

    - Senior management is severely out of touch with how cities not named Toronto, Vancouver, or Calgary operate.
    - Culture was toxic; high turnover
    - Career opportunities in Winnipeg were disappearing and almost non-existent if you did not want to be on the sales side.

    Advice to Management

    Bring those finance jobs back to Winnipeg!

  8. "Customer Service Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Scotiabank part-time

    Pros

    Good opportunity to start career in banking industry, great opportunities to grow

    Cons

    Business depends a lot by which branch you are working at

    Advice to Management

    The system is too old.


  9. Helpful (1)

    "Small Business Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time

    Pros

    pension and shares program, reputable brand

    Cons

    very archaic (no mobility, flexibility), micro-managed, admin heavy

    Advice to Management

    get with the times and trust your employees to be able to have more autonomy in their day. All the tracking of activity can be cumbersome for newer employees and a major deterrent.


  10. "It was a good experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    Good training programs
    Treated their employees properly

    Cons

    No cons that come to mind