Scotiabank reviews

Very political. It's who you know, not what you know. Pay and benefits are way low compared to competitors. The mechanism for resolving conflicts is useless. Hard to progress to a more senior role if you are not friends with management. They can be very personal.

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 Technology is very outdated, computers still used windows 95 until recently (now XP).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.