Scotiabank reviews

3.8

74% would recommend to a friend

(11,103 total reviews)
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Scott Thomson

74% approve of CEO

64% positive business outlook

Scotiabank has an employee rating of 3.8 out of 5 stars, based on 11,103 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
3.0
Aug 15, 2009

Mixed

Recommend
CEO approval
Business Outlook

Pros

-very smart employees -emphasis on teamwork -lean workforce -tremendous opportunity for growth -ability to learn from various groups -international experiences

Cons

-unclear career progression communication -conflicts b/w senior management and HR -HR tries to keep costs down, prevent future leaders from rising

2.0
Nov 5, 2008
Recommend
CEO approval
Business Outlook

Pros

Perceived job security. Many different areas to work within and develop expertise.

Cons

Pay and comp. are average. Advancement and movement within the co. are very difficult to achieve. A very critical work environment : no praise just negativity. Poor, non-insightful management who get paid far above the lower levels of staff i.e. Director and below.

3.0
Nov 23, 2025
Recommend
CEO approval
Business Outlook

Pros

Great benefits, mental health services, # of vacation days and full amount of vacation carry forward flexibility for one year

Cons

Cultural shift in the bank since bank strategy have changed. Every year there's mass layoffs and roles being migrated to LATAM and becoming more profit driven. Bank becoming more American in culture and its approach to treating employees as just a cog in the wheel, replaced when no longer profitable. Employment is becoming less secure even high performing individuals don't have full guarantees as they may be impacted if roles are eliminated. Higher expectations of results every year, expected to do job of 2 when another role eliminated with less and less resources or support to deliver.

Viewing 484 - 486 of 11,103 Reviews

Glassdoor has 14,449 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.