Scotiabank reviews

3.8

74% would recommend to a friend

(11,115 total reviews)
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Scott Thomson

74% approve of CEO

64% positive business outlook

Scotiabank has an employee rating of 3.8 out of 5 stars, based on 11,115 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Scotiabank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

11K reviews
1.0
Nov 19, 2016

Stay Away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- working with some folks that care (in Canada) - being able to bounce ideas off colleagues in Canada - massive responsibilities - a paycheck

Cons

- upper management not open to critique or ideas for enhancement - upper management blames its own employees for its failures - constant reorganizations and laying off of employees (no transparency and no explanations from management) - technology needs improvement - employee morale low (due to job uncertainty) - responsibilities significantly broadened - far beyond what I signed on to (and yet no extra compensation) - favortism - hours and expectation to work weekends - backlash for asking questions and being thorough -contract employees are extremely important and not treated as members of the team

3.0
Jan 2, 2017
Recommend
CEO approval
Business Outlook

Pros

Strong change program, taking the right steps to transform legacy business. It has a good global footprint, lots of international opportunity.

Cons

Culture is tough, the system at scotia is not welcoming to newcomers. Very process oriented, most people have worked there their whole lives.

3.0
Sep 29, 2016
Recommend
CEO approval
Business Outlook

Pros

-Flexible work schedule and work from home option in most of the departments -Competitive benefits within the industry -Approachable senior management in some business areas

Cons

-Difficult career progression and movement within the company due to the re-structure process that they are going through. -Uncertainty due to structural changes that create hostile work environments.

Viewing 1 - 3 of 11,115 Reviews

Glassdoor has 14,466 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.