Scotiabank Employee Reviews about "people"
77% would recommend to a friend
(1256 total reviews)
81% approve of CEO
What people are saying about Scotiabank
11 days ago
Hello everyone!! Hope you’re all doing great! I need some advice on how to get an associate or any analyst role in Asset management/PE/HF/IB. I am 23 I work as a financial advisor at Scotiabank besides that I am also studying BBA in finance and about to graduate in April 2024. I plan to do my Masters in finance either in US or Canada after I graduate and then apply for jobs, would that be a better idea to stand out ?are there any suggestions to leave retail banking and get into corporate roles
The Work-Life Bowl
8 months ago
Hi guys I really need your help! I been working as a fraud analyst @ CIBC for the last 3 months, prior to that I was working as a fraud analyst @ scotiabank. Currently my shift at CIBC is really messed up, I really just want to work a Monday - Friday 9-5 job. Does anyone have any advice on what field I should enter with my current experience? I have a bachelors of Commer degree as well, technology management major.
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Top Review Highlights by Sentiment
Excerpts from user reviews, not authored by Glassdoor
- "Good benefit for medical and dental" (in 702 reviews)
- "People are great and helpful" (in 551 reviews)
- "Social Work and Work Life Balance is good" (in 401 reviews)
- "Team and culture is good" (in 338 reviews)
- "Well structured IT teams gives great avenue for IT professionals to explore and diversify their career." (in 226 reviews)
- "the basic salary is low and stressful" (in 357 reviews)
- "low pay and increase are low" (in 349 reviews)
- "poor management and just a mediocre company to work for" (in 322 reviews)
- "Stressful environment with no training whatsoever" (in 137 reviews)
- "long hours and lots of weekends/overtime to finish deals that isn't compensated or recognized." (in 106 reviews)
Ratings by Demographics
This rating reflects the overall rating of Scotiabank and is not affected by filters.
Found 1,256 of over 11K reviews
Updated Nov 30, 2023
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Reviews about "people"Return to all Reviews
- 4.0Mar 3, 2015Anonymous EmployeeCurrent Employee, more than 10 years
Work-life balance and opportunities for people who has been trained in another country and have experience with multi-cultural markets.
Commuting is one of the main reasons as I wish to re-locate to a job closer to my house, school, etc.
- 5.0Feb 21, 2013Business AnalystFormer Employee, more than 1 yearToronto, ON
Relaxed work place. Good location. Helpful managers Networking events that encourage employees to meet people and discuss various career advancement options within the banks.
Salary could have been higher for the kind of role I was working on.
- 3.0Jul 5, 2021DirectorFormer Employee, more than 10 yearsToronto, ON
There are some awesome people working across the Bank that are great to work with. The pay is good and so are the benefits. The Bank is also doing great things in the community, especially during the pandemic.
Some executives operate much like a high school popularity hierarchy spreading gossip about other people and creating a culture of competition, fear, and distrust. People are promoted to leadership positions with little to no leadership competencies resulting in many toxic hotspots across the organization. Toxic bosses are valued because they get results. Executives say they care about mental health yet pile on work and increase expectations while not considering the pandemic, working from home and family-life. Many people are feeling burnt out and morale is low as they are letting people go all across the Bank. Many colleagues who have worked for other FIs say Scotia is the worst for work/life balance. People are over capacity and still being asked to stretch themselves. While they've made some good strides in advancing more Women to higher level roles (VP+), most of these Women are White and there is hardly any representation of diverse backgrounds on the Executive team or Board with the majority being White Straight Cis Men.3
- 3.0Nov 9, 2018Anonymous EmployeeFormer Employee
Some very driven and smart people trying to make a difference for both clients and the bank itself.
Should increase focus on improving quality of earnings by calibrating global businesses.
- 5.0Nov 22, 2022Media DepartmentCurrent Contractor, more than 3 yearsToronto, ON
- Very thoughtful and kind employees who care about the people more than the work and the deadlines - Opportunity for growth, this company is very forward-thinking and future-oriented - Work from home is allowed
- Slow to give raises or promotions. You really have to stick your neck out and make a lot of noise if you want to make any moves.
- 3.0Feb 3, 2019Financial AdvisorFormer Employee, more than 3 yearsToronto, ON
There are some wonderful people working at Scotiabank and the retail branches were great to work at.
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.2
- 3.0Oct 10, 2023Financial AdvisorCurrent Employee, more than 1 yearToronto, ON
Good work place. People inside the bank are very helpful and the FA program helps to escalate faster.
No work life balance at all. Too much work pressure and salary is very poor.
- 4.0Apr 6, 2021DeveloperCurrent Employee, more than 1 yearToronto, ON
My experience with Scotiabank has been really good. People are friendly, Very Communicative Managers. Very Flexible work environment.
I feel people can be a little bit more innovative and aggressive towards performance of the project. A very non-us type work culture, I worked in US as a contractor for 2 years, things will always be eccentric and aggressive.
- 3.0Mar 1, 2021Anonymous EmployeeFormer Employee, more than 10 years
The people are amazing and there are many positions available if you are very flexible. Pay is good
Difficult to keep low level staff with hours available and work expected. Hard to maintain 2 p/t jobs but no f/t positions available at lower levels
- 4.0Dec 31, 2020Senior ManagerCurrent EmployeeCalgary, AB
Overall one of the better top 5 banks in Canada. Lots of talent pool here
Unfair behaviour amongst the team Current group lead has no people skills and takes credit for his team and never recognizes anyone