Scotiabank reviews

3.8

73% would recommend to a friend

(11,083 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 11,083 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
1.0
May 31, 2016
Recommend
CEO approval
Business Outlook

Pros

Hmmm, not much these days. You get a salary if you stay quiet and don't make waves. Don't try to look for another job in another dept, may get fired for it

Cons

- salary not competitive, even with other financial institutions - employees fearful of getting fired so working overtime just to hold onto jobs - heard pregnant lady got fired right after announcing pregnancy - heard someone in GTB fired after father died and on same day learned wife pregnant (what the??) - still see employees who are "favorites" - those types that do less work than others and just sit on their butts sending emails, taking lots of smoking breaks and one guy on our floor plays video games all day on his phone! - terrible benefits compared to other companies - seems like the worst performing stock on TSX (I'm sure there are worse)

1.0
Oct 6, 2014
Recommend
CEO approval
Business Outlook

Pros

-Colleagues are generally a great set of people, willing to engage and be friendly

Cons

-Same colleagues can also act like they're in high school MANAGEMENT -Management is a huge problem, from managers sitting there on facebook/having loud conversations with employees while others are on calls/working to simply throwing you under the bus when it comes to taking criticisms (ex. one of their employees needs to be trained on something, but they take it as a personal attack, clients don't get great service and analyst keeps making the same mistake). -spend a lot of time micromanaging analysts that do better than most, instead of managing those that aren't pulling their weight -Worse thing about management is that they make promises but never do anything. Currently part time, however instead of hiring me as fulltime, they've decided to hire several new analysts through contracts (and they've hired several previously while I was partime) when it makes more sense to increase the hours given to someone who has already worked the job and as per reviews one of the top people there -They promised another analyst that if he worked lateshift it would work to his benefit to get fulltime with Scotiabank, instead after a getting an extension on his contract he was forced to find another position because they wouldn't hire him fulltime. - Management takes credit for all these statistical improvements, when really it simply a matter of hiring more employees(half of them are not even the right ones) because they were extremely understaffed before (department went from 20 employees to 41 at last count)

Viewing 103 - 105 of 11,083 Reviews

Glassdoor has 14,421 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.