Scotiabank

  www.scotiabank.com
  www.scotiabank.com

Scotiabank Reviews

Updated 25 November 2014
Updated 25 November 2014
552 Reviews
3.5
552 Reviews
Rating Trends

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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
85 Ratings

Review Highlights

Pros
  • work life balance, position title is higher than other Canadian banks (in 78 reviews)

  • A good work environment to develop ones skills and experience (in 27 reviews)


Cons
  • Was recruited with a promise of improved work life balance - this hasn't materialized (in 6 reviews)

  • Some office politics but nothing unlike other work places (in 9 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Front Office Life

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

    I have been working at Scotiabank

    Pros

    Some smart people, very relaxing, people are nice

    Cons

    Could be more aggressive to win deals

    Approves of CEO
  2.  

    Customer Service

    Former Employee - Customer Service Officer
    Former Employee - Customer Service Officer

    I worked at Scotiabank full-time (more than 5 years)

    Pros

    Good training, both on the job and off the job.
    Decent benefits, including medical and vacation benefits.
    Flexible work arrangement which helps employees cope-up special circumstances at the family front, including child care etc.
    Recognition for merit and good chances for career progression.

    Cons

    Somewhat outdated information systems, although it is not a big deal.
    Average salary structure compared to other employers both in the banking and non-banking world.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    lots of learning over the years

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

    I worked at Scotiabank full-time (more than 10 years)

    Pros

    Scotiabank supports you and lays off through attrition

    Cons

    too much work, but all businesses seem to be the same

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Intern (Data Science)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Analyst in Toronto, ON (Canada)
    Former Employee - Data Analyst in Toronto, ON (Canada)

    I worked at Scotiabank as an intern (less than an year)

    Pros

    Learning opportunity with strong incentive to stay

    Cons

    Contractor culture with few opportunities for fulltime employment

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great place to start your career

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Pros

    Well managed prcoesses and procedures, well designed corporate structure

    Cons

    Salary is just satisfactory, but above average

  7.  

    review on scotiabak

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Services Representative in Burlington, ON (Canada)
    Current Employee - Customer Services Representative in Burlington, ON (Canada)

    I have been working at Scotiabank part-time (less than an year)

    Pros

    Employees are all really nice, I love working with the staff, the customers are 99 percent friendly and love talking. Training is easy, you just have to get used to everything, policies and company values are great, it's a good mix between being professional and friendly.

    Cons

    No Cons to name, I really like working for this bank.

    Advice to ManagementAdvice

    Maybe do some more simulations for weird things you don't usually get with customers.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Scotiabank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Risk Analyst in Toronto, ON (Canada)
    Current Employee - Credit Risk Analyst in Toronto, ON (Canada)

    I have been working at Scotiabank as a contractor (less than an year)

    Pros

    Great Corporate structure and culture. Many benefits and great learning experience. Good organizational structure and working environment.

    Cons

    Low pay, difficult to earn pay increases unless you are moving up levels.

    Advice to ManagementAdvice

    Include more focus on employee development by allowing better training programs. Create more incentives for pay increases or increase base salary.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great company to work for.

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

    I have been working at Scotiabank full-time (more than 10 years)

    Pros

    Employee Share Option Plan. Good vacation time, sick time and personal obligation days. Treated with respect and opportunity for advancement and to further your education. Lots of opportunity to advance if you are mobile.

    Cons

    Wages are not as competitive as competition.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great place to work and learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

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

    Pros

    Company Values, work environment, diversity

    Cons

    Benefits, company size, response to competitors

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Good expericen

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Toronto, ON (Canada)
    Current Employee - Intern in Toronto, ON (Canada)

    I have been working at Scotiabank as an intern (less than an year)

    Pros

    Good training, the people are great and helpful, flexible hours if you ask. A lot of different projects happening so you get a good feel for the different work flows in the bank.

    Cons

    Organizing between various departments can be a challenge especially if they are working on different things. I was tasked with a few different projects and the time allocation was a challenge I had to face.

    Recommends
    Neutral Outlook
    No opinion of CEO

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