Scotiabank reviews

3.8

73% would recommend to a friend

(11,085 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 11,085 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).

Reviews by job title

11K reviews
1.0
Dec 1, 2014

Stepping Stone

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Willing to give you a chance to work there with limited job experience

Cons

Compensation is on the low end compared to other banks. Training program was horrible. Gave me a bunch of CDs to memorize then rushed through all the work functions in a matter of days.

1.0
Oct 25, 2014
Recommend
CEO approval
Business Outlook

Pros

Commute. Will remain a shareholder as they make so much money, cutting corners everywhere, especially with employees.

Cons

Poor pay, poor bonuses, terrible benefits, raises that don't even make up for inflation. Terrible ESOP program! They expect lots of overtime, even with exceptional sales numbers, if you want a good quarterly review. This is even after losing a class action suit for overtime. Promise promotions, always around the corner, but only to those that suck up and work 60+ hours a week. Branch was asked to bring in food from home on customer appreciation day as it "wasn't in the budget". Company makes billions a quarter, but won't pay for anything. I had to pay for my own office Christmas party!!!

1.0
Jul 18, 2013
Recommend
CEO approval
Business Outlook

Pros

Once you get in you can stay there all you want

Cons

Scotabank never seem to promote the right people to higher positions. Promotion is only through social connections within colleagues. There is a lot of ethnic biases within the company and each ethnic group tries to promote their own. If you are qualified and skilled you are actually under employed as the hiring managers are intimidated by you

Viewing 178 - 180 of 11,085 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.