There's better out there - Anonymous employee Scotiabank Employee Review

1.0
15 Nov 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good benefits Allocation of vacation, personal, and sick days There are some genuinely friendly and hardworking people if you're lucky enough to come across or work with them

Cons

- Extremely low employee morale - Push to have workers back in the office 4x a week (wouldn't be surprised if they make us go in 5x by next year). Higher-ups clearly do not care about the well being of their workers, commute time, childcare arrangements, etc. and only care about appeasing to real estate contracts, putting money in investors' and their own pockets, micromanaging, the list goes on. They say it's for better "collaboration" but we all know that's a lie when most meetings are held over Teams and we found it was perfectly feasible to WFH during covid. - They do not care for accommodating workers who have disabilities. Make the process tedious and long, just to reject you or do the bare minimum. - VPs and Executives are as fake as they come. Boast how the bank had an amazing year and brought in billions of dollars, only to do multiple rounds of layoffs. They're extremely disconnected from day-to-day life. - The company is not progressive. Workers are encouraged to speak up, but nothing is done about it. I've seen time and time again where teams have given (reasonable) input on what could be done better to improve their departments, company, or make people actually WANT to come into work, only to be shut down. - Salary increases are a joke and individuals are hardly recognized for the work that they do

Explore other reviews about Scotiabank

5.0
8 Dec 2025
Recommend
CEO approval
Business outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

2.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

A couple of smart people who are kind and open to mentoring. Hours not bad given no deal flow in US.

Cons

Top heavy management. Culture values heavy politicking. Low bonuses.

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