Scotiabank - A shell of their former selves - Director Scotiabank Employee Review

1.0
17 July 2016
Recommend
CEO approval
Business outlook

Pros

A job to pay bills. Average benefits but at least benefits. Accessible with car or transit. No banking fee which helps right.

Cons

Too many politics. A DIRECTOR or VP will sacrifice you when they screw up and those types screw up a lot. We saw lots of Senior Mgrs and Managers fired because of the mistakes of their bosses. Salaries and benefits below average and there is a reason Scotiabank no longer in the Canada's Most Admired list. Long hours in IT and other depts so really you're making like 10 dollars an hour. Lots of Directors and VPs with poor, old skills. They just know how to talk in mtgs and go for coffee with other upper mgmt. Never spend money on training, promotion still about who you know, not what you know. Director and VP will never support you if doing soon takes courage. All the good people already left. Just 3 types now: 1. young people out of school, 2. Old people couldn't get a job anywhere else and 3. People sending out their resumes

Explore other reviews about Scotiabank

5.0
17 May 2026
Recommend
CEO approval
Business outlook

Pros

very good enviroment of working

Cons

i have no cons for the bank

2.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

A couple of smart people who are kind and open to mentoring. Hours not bad given no deal flow in US.

Cons

Top heavy management. Culture values heavy politicking. Low bonuses.

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