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      Scotiabank

      Engaged Employer

      Scotiabank reviews

      3.8

      73% would recommend to a friend

      (11,081 total reviews)
      avatar

      Scott Thomson

      74% approve of CEO

      63% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.7

      Culture & values

      3.7

      Work/Life balance

      3.7

      Compensation and benefits

      3.7

      Career opportunities

      3.4

      Senior management

      Scotiabank has an employee rating of 3.8 out of 5 stars, based on 11,081 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).

      Ratings by demographic groups

      Reviews by job title

      11K reviews
      3.0
      Jan 2, 2017

      Bright future for this bank, soured by poor culture.

      Senior manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Strong change program, taking the right steps to transform legacy business. It has a good global footprint, lots of international opportunity.

      Cons

      Culture is tough, the system at scotia is not welcoming to newcomers. Very process oriented, most people have worked there their whole lives.

      3.0
      Nov 24, 2016

      Manager of Personal Banking

      Manager of personal banking
      Recommend
      CEO approval
      Business Outlook

      Pros

      - great coworkers - lots of opportunity for growth & advancement for those people who are willing to self develop and relocate - extensive benefits/employee perks (though many are useless to the average Joe)

      Cons

      - employee satisfaction and engagement has declined dramatically in the last 3 years as the Bank transitions onto a more digital path. Staff are inundated with unnecessary and cumbersome policies, combined with a 10% reduction to staffing nationwide (in the last 12 mo) and often unachievable sales targets. - the "customer first" motto is a sham as the Bank is clearly focused only increasing shareholder value. - what was once a company know for respecting and taking care of it's staff, now considers anyone below the management level to be expendable. Staff turnover is +30% inside the first year of hire.

      2.0
      Nov 21, 2016

      Move up or get out

      Personal banking officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Lots of interaction with other people. - An opportunity to really help people and make a difference.

      Cons

      - Insane pressure to sell unnecessary products. - Performance/work culture very location-dependent.

      Viewing 82 - 84 of 11,081 Reviews
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      ReviewsScotiabank reviews

      Glassdoor has 14,419 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.