Scotiabank Reviews | Glassdoor.ca

Scotiabank Reviews

Updated Aug 20, 2019

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Found 3042 reviews

3.5
StarStarStarStarStar
Rating TrendsRating Trends
65%
Recommend to a Friend
68%
Approve of CEO
Scotiabank CEO Brian J. Porter
Brian J. Porter
1107 Ratings
  1. Helpful (1)

    "CEO could learn the "True Reality" of banking from Retiree, with 25 years of Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager Personal Banking in Toronto, ON
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time for more than 10 years

    Pros

    Executive offices provide - Great systems/products/policies! Good Benefits; Work and Balance; Direction of Banks Mission and Expections of employees, made very clear!!

    Cons

    Branches not properly monitored in carrying out bank's mission!! Poor Management skills - not enough education provided; Customer Service below standards; Hiring process not consistent; branches left to do their own thing!! Employees not treated fairly...some branches, there is NO work/life balance!!!

    Advice to Management

    Hire third party Coach (i.e. Agile Methology Training and/or Scrum Master Certification - specialized in areas of Banking) to identify areas in need!! Vis-Vis Customer Service, Management Skills, People Skills, Product knowledge; Adherence to Bank's Vision/Mission. Provide in-class training/seminar - One on One coaching! Effective Assessement/Reporting/Planning

    Scotiabank2019-08-08
  2. "Good place to work"

    StarStarStarStarStar
    Former Employee - Customer Service Representative 

    I worked at Scotiabank part-time

    Pros

    Nice working environment, some helpful colleague

    Cons

    Extremely short working hours for casual employees. Always feel not as a part of the team because no one cares about you.

    Advice to Management

    Be more supportive.

    Scotiabank2019-07-26
  3. "Ss"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President, Marketing in Toronto, ON
    Negative Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time for more than 10 years

    Pros

    The money was very good

    Cons

    Executive team have changed the cultur

    Scotiabank2019-08-09
  4. "ACCOUNTANT"

    StarStarStarStarStar
    Current Employee - Accountant in Toronto, ON

    I have been working at Scotiabank full-time for more than 8 years

    Pros

    The job offered great Flexibility

    Cons

    There was really no downside.

    Advice to Management

    None

    Scotiabank2019-08-08
  5. "Meh"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Specialist in Stratford, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time for more than 5 years

    Pros

    - Good Benefit package - Reliable income - Good culture

    Cons

    - Pay is not competitive with other banks - High turnover causes a lot of training gaps

    Advice to Management

    Employee retention will go a long way

    Scotiabank2019-08-08
  6. "It has the advantages and challenges from a bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Risk Manager in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Scotiabank full-time for more than 5 years

    Pros

    Good benefits, good people around

    Cons

    Everything moves slow because the processes and bureaucracy. This is a big challenge because the aggresive deadlines planned that every day become more demanding inside of the institution.

    Scotiabank2019-08-08
  7. "Need improved training programs for employees."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Financial Advisor in Charlottetown, PE
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time for more than a year

    Pros

    Easy to proceed further in career if you can meet your targets.

    Cons

    Very inefficient training programs for financial advisor jobs.

    Advice to Management

    Please improve your training programs.

    Scotiabank2019-08-06
  8. "Average and competitive with Canadian Banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Financial Advisor in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for more than a year

    Pros

    Bonuses are considerable based on role and seniority It's extremely international so languages are useful

    Cons

    The pension plans are changing, like in most companies

    Advice to Management

    Retirement benefits should be improved

    Scotiabank2019-07-22
  9. "This is great entry level job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor in Scarborough, MB
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time for less than a year

    Pros

    Sales Targets are not difficult to hit You will become much better with interacting with customer

    Cons

    system is hard to navigate

    Scotiabank2019-07-19
  10. "repossession enforcement"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Repossession Enforcement Officer in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for more than 3 years

    Pros

    lots of job opportunity, great culture

    Cons

    none that i can think of

    Scotiabank2019-07-18
Found 3042 reviews