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      Scotiabank

      Engaged Employer

      Scotiabank reviews

      3.8

      73% would recommend to a friend

      (11,084 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 11,084 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
      1.0
      Jun 1, 2016

      Ten years of my life wasted

      Sales
      Recommend
      CEO approval
      Business Outlook

      Pros

      Most of the people I worked with were great. Some of the outside of work activities were fun. Free banking products.

      Cons

      Horrible people management. No regard for employee well being. Poor work/life balance. Unrealistic goals with outdated tools and training to achieve them. Upper management has no idea what goes on day to day in a branch. Push higher paid employees out to replace them with newer, lower paid employees.

      1.0
      Feb 17, 2016

      Worst Employer in My Life

      Small business advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Most ordinary colleagues, excluding management, are helpful and supportive.

      Cons

      Unrealistic sales goals without any account for a strength of your local market. Very old-school management systems. Fear-driven culture where asking questions or raising concerns about soundness of some decisions is extremely frowned upon. Orders are imposed from the top and executed mindlessly throughout the chain. No constructive discussion is possible. Everybody is afraid to speak up. Poor job security for advisors, call centre and mid office. High stress. High turnover. Your success is entirely dependent on your superior. Extremely poor infrastructure. Inefficient workflows. Customers are not the priority. Very stingy on the incentives. $150 bonus to the top credit card seller in a quarter sounds like an insult. Too many lies are floating around.

      1.0
      Oct 13, 2015

      Scotiabank Financial Advisor 6

      Financial advisor 6
      Recommend
      CEO approval
      Business Outlook

      Pros

      Not sure right now with the way things are going...

      Cons

      The culture has taken a serious downhill slide. Employee morale is the worst I've seen in my 10 years there as we shift from 'doing what's right for the customer' to making everything all about sales and numbers, even if it doesn't make sense. The 'performance mindset' they want you to have tells you to not care about family, the value of people, and doing what's right for clients. The amount of micro-managing, observational coaching, and useless meetings is mind boggling.

      Viewing 115 - 117 of 11,084 Reviews
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      ReviewsScotiabank reviews

      Glassdoor has 14,423 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.