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    Scotiabank Reviews

    Updated 18 February 2019
    2,558 reviews

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    3.4
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    Scotiabank President and CEO Brian J. Porter
    Brian J. Porter
    977 Ratings

    Employee Reviews

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    Pros
    Cons

    • "no work life balance, doesnt pay well" (in 75 reviews)

    • "high turnover amongst full-time employee" (in 40 reviews)

    More Pros and Cons

    1. "More friendly investment bank"

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

      I worked at Scotiabank full-time (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.

      Advice to Management

      Strategy has been ill-conceived over the last half decade - not necessarily senior management's fault. Develop clear strategy and stick to it.

    2. "Underpaid, Undervalued"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      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

      Advice to Management

      Value people on the front line and encourage growth

      3. Join the Scotiabank team
      See Our Latest Jobs

    3. "Financial advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Financial Advisor in Calgary, AB (Canada)
      Current Employee - Financial Advisor in Calgary, AB (Canada)
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Scotiabank full-time (More than a year)

      Pros

      Great work environment
      Proper training before meeting clients

      Cons

      Not too many things i can think of

    4. "Customer Service Representative"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Customer Service Representative in London, ON (Canada)
      Former Employee - Customer Service Representative in London, ON (Canada)
      Recommends
      Positive Outlook
      Disapproves of CEO

      I worked at Scotiabank part-time (Less than a year)

      Pros

      Great work hours, friendly environment

      Cons

      Need to choose the right branch to work in

    5. "SBA"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Small Business Advisor
      Former Employee - Small Business Advisor

      I worked at Scotiabank full-time

      Pros

      great place to work and no complains

      Cons

      nothing bad to say

    6. "Scotiabank"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Universal Banker in Ottawa, ON (Canada)
      Current Employee - Universal Banker in Ottawa, ON (Canada)
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Scotiabank part-time (Less than a year)

      Pros

      Friendly Staff members at my branch

      Cons

      Stingy about taking time off

      Advice to Management

      Better time off packages

    7. "Too fast, too unstable"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at Scotiabank full-time (More than 10 years)

      Pros

      Investment in technology is a priority.

      Cons

      Too many layers, very difficult to deliver on customers needs on time leading to frustrating times.

      Advice to Management

      Be focus, be selective, be kind to one another. Please don't become "one more" on Bay Street.

    8. Helpful (1)

      "Good place to work"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Scotiabank full-time

      Pros

      Flexible
      ESOP
      Decent benefits
      Good strategy on Latam

      Cons

      Old tech
      Many family relationships
      Not enough info sharing

    9. "CSR"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Approves of CEO

      I have been working at Scotiabank full-time (Less than a year)

      Pros

      People's environment. Best place to work in.

      Cons

      no such cons. everything is good.

    10. "Financial advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      No opinion of CEO

      I have been working at Scotiabank full-time

      Pros

      good benefits and good culture, people are nice

      Cons

      sales goals are pushed too hard, and pay is too low as well