Scotiabank Reviews

Updated 24 Jan 2021

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3.8
73%
Recommend to a Friend
86%
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
1,606 Ratings
Pros
Cons
More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. "More friendly investment bank"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in Toronto
    Recommends
    Neutral Outlook

    I worked at Scotiabank full-time for more than 3 years

    Pros

    Willing to promote from the Analyst level, small deal teams are great for taking on responsibility, most MDs are a pleasure to work for and take an interest in your development.

    Cons

    Investment banking group does not appear to be a priority of senior management and represents a small portion of overall bank profitability. League table performance has been lower than expected over the last several years.

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  2. "Underpaid, Undervalued"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Scotiabank full-time

    Pros

    You don't take work home with you when you leave. Nice people Big company

    Cons

    Vastly underpaid for amount of work expected Ridiculous sales targets and bonus is next to nothing for amount of money being brought in for the bank

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  3. "Good place to work"

    4.0
    Current Employee - Anonymous Employee in Toronto, ON

    I have been working at Scotiabank full-time

    Pros

    Salary is higher than most banks

    Cons

    Hard to move up the ladder

  4. "Not a bad place to start your carreer at if you are new to Canada"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Bank Teller in Edmonton, AB
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Scotiabank part-time

    Pros

    -if you speak the language(English or French- depending on the province) and you have a university degree they most likely hire you. - if you speak several other languages, it is a bonus -opportunity to learn and grow and build up your career within the bank

    Cons

    -low salary for tellers and tonns of expectations for that pay... The expectations are not in ballance with the hourly pay rate.

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  5. "WorkPlace Review"

    4.0
    Current Employee - Senior Financial Advisor in Edmonton, AB

    I have been working at Scotiabank full-time for more than 3 years

    Pros

    Great place to work for sure

    Cons

    Low pay for starters before it gets much better with good performance

  6. "Friendly atmosphere"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Data Scientist in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time

    Pros

    Good benefits and perks for employees

    Cons

    Not a fast-paced technological environment

  7. "Talent review"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consultant-Talent Acquisition in Mississauga, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for more than 10 years

    Pros

    Positive, dynamic, innovative working environment

    Cons

    None that I can think of at the moment

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  8. "Scotiabank cares about its employees"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Solutions Advisor in Toronto, ON
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Scotiabank part-time

    Pros

    It is a great company to work for.

    Cons

    No discussion about future career prospects.

  9. "Very Positive Experience"

    4.0
    Former Employee - Human Resources 

    I worked at Scotiabank full-time

    Pros

    Great team, great resources, advancement opportunities

    Cons

    Work/Life Balance A lot of red tape

  10. "Overall great experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Project Analyst 

    I worked at Scotiabank full-time

    Pros

    - great pay - good work life balance

    Cons

    - not enough opportunities to move up

Viewing 1 - 10 of 4,016 English Reviews