Scotiabank Reviews

Updated 17 April 2015
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3.5
644 Reviews
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
118 Ratings

Pros
  • work life balance, position title is higher than other Canadian banks (in 80 reviews)

  • weekly team meetings which encourages a team-oriented work environment (in 30 reviews)

Cons
  • Was recruited with a promise of improved work life balance - this hasn't materialized (in 6 reviews)

  • Some office politics but nothing unlike other work places (in 9 reviews)

More Pros and Cons

Employee Reviews

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  1. 3 yrs of experience as a Manual tester working in Scotia Bank Project for Investment Platform Project.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Hyderābād
    Current Employee - Software Engineer in Hyderābād

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    It's one of the largest banking projects in Tech Mahindra. I feel really proud working in this Project

    Cons

    There is nothing negative about the Scotia bank Project.

    Advice to Management

    There should follow a rotational policy for all the associates so that max no.of associates can go to onsite

  2. One Team One Goal - To provide best service to Customers & create wealth for communities, investors and the employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Delhi
    Current Employee - Manager in Delhi

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent professional working culture with great organizational values. Employee friendly and looking to improve continuously.

    Cons

    Conservative decision making process followed

    Advice to Management

    Some of the decisions should be taken keeping in view of long term gains without worrying for the short term impacts.

  3. They are the best when it comes to customer service.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller in Saint George's (Grenada)
    Former Employee - Teller in Saint George's (Grenada)

    I worked at Scotiabank full-time (more than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The best reason to work there is that you feel united as a family. The work environment is very positive.

    Cons

    Having to deal with different personalities; more from the customers.

    Advice to Management

    Attract more borrowing opportunities provided that interest rates on loans will lessen.

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  5. Great place to work for work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Total compensation including, pay, benefits, pensions and ESOP

    Cons

    Large organization, means that your loyalty will ultimately mean nothing as you are considered just a number.

  6. Financial advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Toronto, ON (Canada)
    Current Employee - Financial Advisor in Toronto, ON (Canada)

    I have been working at Scotiabank

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Strong employer .Less or no lay offs .Strong environment to learn ..

    Cons

    Internal politics , discrimination also lots of new employee resignations .People are so scared to express what they think .As a new immigrant less than 5 years lots of bad customer experience from customers and management .Demand more than what it pays (my personal opinion).

    Advice to Management

    Increase pay and be competitive in the industry .You guys are spending a lot in new trainees and at the end of the training or within a year they resign and go somewhere else to work ..why ? Do you think each and every employee there are not good for this job...I have a feeling that only those who are not ambitious and not very straight forward or not confident to get a better or similar place to work are staying .they acheive their target by enquiries, walkins and existing customer good relationships and new recruits really struggle and hard to find these kinds of business .some serious issues there and please research and rectify ...

  7. Advisory Programmer Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisory Programmer Analyst in Toronto, ON (Canada)
    Current Employee - Advisory Programmer Analyst in Toronto, ON (Canada)

    I have been working at Scotiabank (more than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work Life Balance. Safe and Secured Job

    Cons

    Very slow career progression. Lot of politics

    Advice to Management

    Move aggressive hadrworking people up and cut down on favoritism

  8. Scotiabank

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

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Environment to work in

    Cons

    The Starting time of 8:30 is not great with Daycare Duties as well

    Advice to Management

    Listen to your team

  9. Help customer do transactions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Saskatoon, SK (Canada)
    Current Employee - Customer Service Representative in Saskatoon, SK (Canada)

    I have been working at Scotiabank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Improve communication skills. Good working environment.

    Cons

    Sometimes may run into tough customers

  10. Financial Advisor

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

    I have been working at Scotiabank full-time

    Pros

    Lots of opportunity to move up the corporate ladder quickly

    Cons

    Pay scale at Retail banking level not the greatest

  11. customer service represenative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Customer Service Representative in Westlock, AB (Canada)
    Former Contractor - Customer Service Representative in Westlock, AB (Canada)

    I worked at Scotiabank as a contractor (less than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    hours are great for single moms

    Cons

    time off policies i was on a contract so didnt receive any bebefits

    Advice to Management

    keep a more hands on look at ur mid management

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