Scotiabank reviews

Please note that this relates only to the IT portion of Scotiabank. LACK OF LEADERSHIP Management is incompetent and there are more politics than getting work done due to the lack of clear rules and goals. You hear stories of micromanagement in the office a lot. LACK OF COMMUNICATION Communication seems to be an issue; we had learned about a new person starting the next week from other people in the team rather than from management! LACK OF INNOVATION From a technology point of view; it is really lacking innovation and is very slow paced. Technology does not get updated until the vendor announces end of support for the product! This is due to the risk adversed culture and lack of IT funding in the Bank. LOWER PAY THAN INDUSTRY AVERAGE The low expectations of the job reflects the low pay that you will get. Expect the standard 2% inflationary raise each year until your next promotion (which you will have to work hard for!). Their review does cover the raise; but for the few years that I've worked here, I only have gotten a max of 2.x%.

The salary was quite low for the job and competence needed. The training needed some improvement and I was stuck with somebody who lacked experience to train me.