Scotiabank reviews

3.8

73% would recommend to a friend

(11,096 total reviews)
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Scott Thomson

74% approve of CEO

63% positive business outlook

Scotiabank has an employee rating of 3.8 out of 5 stars, based on 11,096 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Scotiabank employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

11K reviews
2.0
Apr 14, 2013

Backward company, there are better options.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Salary is stable despite being below industry average. Easy to find clients using databases. Some products are best in industry.

Cons

Training program is a farce, a shell of what it should be. It essentially as if some senior exec wrote a training program on paper to say that they had one. Pay for performance is not correlated, there are many true stories of millions of dollars worth of business being landed, and the compensation/recognition in return being petty, as in "here's a coffee mug" petty. The company does not appreciate good work. The command and control structure creates a negative environment at the branch level. Managers and staff are unable to act on local market situations because of the layers of restrictive bureaucracy. Technology is very outdated, computers still used windows 95 until recently (now XP). Financial planning software can barely load on the hardware provided. Paperwork and software processes are unreliable, tedious and reduce efficiency. The company is restructuring, eliminating support jobs, moving the work load to remaining staff without increase in compensation. They are also continuously cutting benefits and perks, some cuts represent heavy across the board salary reductions. More work less pay, consistently. If you are young stay away.

2.0
Jan 24, 2013

Experience only

Recommend
CEO approval
Business Outlook

Pros

Learn how banks work Help people

Cons

over worked, under paid, insurance, no support, no ability to move to corporate side

2.0
Jan 18, 2013
Recommend
CEO approval
Business Outlook

Pros

At the beginning, when I just started I thought that the slogan "ONE TEAM ONE GOAL" was the most important goal for everyone, that their excellency and that be part of a company that employs diversity and does a great community job what the best place for a bran new Canadian to start the dream of flourish as an excellent IT professional. My Scotiabank benefits became handy since I have to purchase the doctor prescriptions for anxiety, depression and stress medications to face the bully manager I work for, and the supervisors with an Ego of super hero , plus the favorite children the one who gets paid for training or for any other requested stuff, the ones that are excellent even when they make mistakes and humiliates our coworkers

Cons

Forget to present a formal complaint for being mistreated and bully at your Scotiabank work place, because the Scotiabank HR Employee Relations Manager will come up with the most ridiculous and robotized answer, Their condescend attitude at the end of the day they ridiculed and make you feel so frustrate that you end up having another breakdown; they take 4 months to Investigate a mistreatment in the work place while I have been since May 2012 up to-date in disability because of all the medical issues I have been through including my Severe PTSD ( Severe Post-Traumatic Stress Disorder )symptoms came back because of the continuous bullies and mistreatments I have been through since I started working there plus doing my call center Technical support work. Since the HR Managers found out I do have Severe PTSD they blamed that maybe I believe the abuses I went through were real as I described because I may exaggerated due of my medical condition. They never acknowledge that my symptoms were triggered by the bulling and mistreatments I went through.

Viewing 304 - 306 of 11,096 Reviews

Glassdoor has 14,438 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.