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      Scotiabank

      Engaged Employer

      Scotiabank reviews

      3.8

      73% would recommend to a friend

      (11,087 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 11,087 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
      2.0
      Jul 26, 2017

      Pay should increase

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Friendly co-workers, vacation time is decent.

      Cons

      Limited opportunities, micro-management, office politics. Branch manager has too much power. They can promote anyone they like personally not based on performance or numbers. Pay is always lower than industry average. If you want to apply jobs internally, always need to stay long enough at current position otherwise need to get BM's permission.

      3.0
      Mar 11, 2017

      The more things change, the more they stay the same

      Senior manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Most colleagues and their engagement - Solid company - layouts are due mainly to desire to change culture and cut cost than financial woes - Good intentions: push to digital, lots of talk about performance-orientation, empowerment, accountability, diversity.

      Cons

      - Company's target for women in VP+ positions still stuck at 30% after over 10 years of having the same goal - After change in leadership, women and minority were either ousted or moved to non P&L positions - Leadership looks extremely white and male - Digital Leadership seems to be taken its clues from Silicon Valley - lots of men in hoodies, just younger than the men in the older bank - Despite talks about performance, lots of promotions of low performers are still inexplicable

      2.0
      Jan 27, 2017

      Stay Away!!!

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      If you speak Spanish, you are in demand.

      Cons

      Incredible turmoil and culture of fear in some business lines. Leaders are busy managing up and don't know the business.

      Viewing 229 - 231 of 11,087 Reviews
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      ReviewsScotiabank reviews

      Glassdoor has 14,428 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.