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      Scotiabank

      Engaged Employer

      Scotiabank reviews

      3.8

      73% would recommend to a friend

      (11,085 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 11,085 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
      May 3, 2015

      Senior Manager

      Senior manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Decent hours; potential for good year-end bonus; potential to apply to jobs in Latin America; Spanish classes offered on-site; multi-cultural staff; degree not necessarily required.

      Cons

      Bully bosses, antiquated systems, poor benefits, very little focus on training or individual career development, poor communication (ie town halls), underdeveloped HR policies.

      avatar
      Scotiabank Response
      11y
      We're thrilled to hear that you are enjoying the multicultural environment of our workplace; we pride ourselves in being Canada’s most international bank. That being said, we are concerned about some of the feedback you've expressed. Scotiabank is committed to providing employees with excellent training and development programs on an ongoing basis. You can find out more details on HR Passport. We also kindly ask that you call the HR Call Centre as there are various channels to help you raise your concerns or suggestions confidentially. We’d like you to know that employee satisfaction is paramount to Scotiabank and we look forward to addressing your concerns directly.
      1.0
      Jan 6, 2015

      Paranoid employees

      Customer service representative (scotiabank)
      Recommend
      CEO approval
      Business Outlook

      Pros

      As a recent graduate in finance with no experience, working at the Scotiabank branch helped me build my resume. Also, working at the head office branch in Toronto was a great opportunity to meet executives from various departments of the bank and companies located near Bay and King.

      Cons

      Working at the branch was an environment of hostility and paranoia. There was no trust between supervisors and employees, and employees were constantly afraid of getting "in trouble".

      avatar
      Scotiabank Response
      11y
      We appreciate your review and are sorry to hear your experience with Scotiabank was unsatisfactory. We’d like you to know that Employees are Scotiabank’s most valuable asset and the Bank is dedicated in improving employee experience. As such, we’ve recently expanded our Learning & Development program for our employees. Please visit this link for more details: http://www.scotiabank.com/ca/en/0,,424,00.html . Again, we thank you for your review and wish you all the best.
      1.0
      Jun 24, 2014

      Worst experience of my life.

      Senior personal banking officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Competitive products, ease of processing credit restructures. Difficult to express many positive facets to this company

      Cons

      Salary below competitive, sales quota pressure and encouraged tactics were unethical, negative working environment, dated/non-functional hardware/software/procedures/policies, expected to stay long hours and come in early, health and medical benefits were both more expensive and less comprehensive than competitor banks I have worked for. Unattainable sales goals means for diminished bonus potential.

      Viewing 151 - 153 of 11,085 Reviews
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      ReviewsScotiabank reviews

      Glassdoor has 14,425 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.