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
2.0
Feb 5, 2012
Recommend
CEO approval
Business Outlook

Pros

My job as a Personal Banker was helping people set up basic banking things like accounts, visas, lines of credit, some mortgages. Interesting at times and interacting with clients could be fun. Good work hours - my branch was 8am-4.30pm M-F but some branches have long Thursdays and Saturday hours which I would not have liked. Nice co-workers.

Cons

Low, low pay. I was making $38,950 which is OK and competitive with other banks but not other fields of work. TONS of paperwork for every little thing. Management was inconsistent - managers weren't hired because of their management abilities but because it is the next step in career progress after Financial Advisors - so 1 manager was awesome, approachable, friendly, and another was mean, belittling, and would micromanage the hell out of us. I was encouraged to downplay the good, basic accounts like regular chequing or No-Fee Visas and focus on "upselling" more expensive banking products even to people who didnt need them.

4.0
Jan 31, 2012

Opportunities in various areas

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

--great corporate culture if you need balance between family and work -- strong opportunities for training and cross learning -- lots of departments that offer chances for career advancement , development --- excellent management approach at all levels that fosters open and respectful dialogue and communications

Cons

-- technology in some areas is obsolete -- salaries could be more enticing and not as competitive -- too many unproductive team meetings -- outdate practices

Viewing 10978 - 10980 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.