One big pro, several cons, look elsewhere - Anonymous employee Scotiabank Employee Review

2.0
Dec 11, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The work life balance is unreal -Relaxed environment

Cons

-Pay is definitely not competitive with the market, raises are joke -You notice people do not get promoted, lateral moves are very rare and management sometimes prevents these moves -Technology is horrible, systems are antiquated -Sometimes too relaxed an environment -Lack of cross training -Lots of office politics -Functions and departments keep getting move back to Canada

Explore other reviews about Scotiabank

5.0
Mar 15, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good culture while growing US business lines

Cons

growing US business lines while undergoing multiple changes

3.0
Jul 16, 2026
Recommend
CEO approval
Business Outlook

Pros

slower paced than other banks but decent worklife balance

Cons

lack of good and vision, no cohesive planning, and ineffective communications

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