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Scotiabank Reviews

Updated 24 April 2015
648 reviews filtered by
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3.5
648 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
118 Ratings

Pros
  • work life balance, position title is higher than other Canadian banks (in 80 reviews)

  • weekly team meetings which encourages a team-oriented work environment (in 30 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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Interview

    • Work/Life Balance
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Pros

    Good first round interview

    Cons

    Not yet offered a role, going for second round of interview

    Advice to Management

    None at the moment

  2. 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

    Approves of CEO
    Approves of CEO

    Pros

    Some smart people, very relaxing, people are nice

    Cons

    Could be more aggressive to win deals

  3. Customer Service

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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    Somewhat outdated information systems, although it is not a big deal.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.

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


  5. Fantastic, tons of opportunities

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great networking culture, very professional

    Cons

    As you become more senior your work life balance isn't as balanced

  6. good place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    open communication, flexible working schedule

    Cons

    low salary, low annual adjustment

  7. Senior Manager

    • 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 full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    - easy going environment
    - like my managers

    Cons

    - pay scale is not consistent with the bank
    - salary range for levels are not transparent

  8. A great bank to work with

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Wide range of products to sell

    Cons

    the financial tools used sometimes gets complicated

  9. Good experience

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

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    This bank is a very good boos, good salary and perls

    Cons

    Very good boss I like this bank

  10. They are the best when it comes to customer service.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller in Saint George's (Grenada)
    Former Employee - Teller in Saint George's (Grenada)

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The best reason to work there is that you feel united as a family. The work environment is very positive.

    Cons

    Having to deal with different personalities; more from the customers.

    Advice to Management

    Attract more borrowing opportunities provided that interest rates on loans will lessen.

  11. Great place to work for work/life balance

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Total compensation including, pay, benefits, pensions and ESOP

    Cons

    Large organization, means that your loyalty will ultimately mean nothing as you are considered just a number.

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