Scotiabank reviews

3.8

74% would recommend to a friend

(11,117 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 11,117 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
3.0
Jun 22, 2015

Director Level

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A fantastic traditional internal culture embodied in the people, but which is currently under tremendous change as part of a new Corporate Philosophy. Pay is about mid market in Canada and below Industry Standard in the US. Benefits are being reduced with more of the costs being borne by the employee in Canada. In the US, it's still pretty good, but not as good as it was a few years ago.

Cons

Very little communication about how all of the numerous and very recent and also VERY hurried "departures", from the most senior on down, coupled with other changes contribute to the "Strategy" that's been presented. Alot of uncertainty from within. Huge change always brings that, but more effective communication would mitigate some of that for the employee.

4.0
Jun 18, 2019
Recommend
CEO approval
Business Outlook

Pros

In the U.S. capital markets sub-section of Global Banking and Markets, there is an entrepreneurial vibe because we're growing.

Cons

They are slow to move on everything and it takes a very long time to get things approved and to make things happen. They are very cheap. They claim they want to grow their U.S. business but they don't want to spend the money necessary to make that happen.

3.0
Feb 6, 2018

Still in transformation and always behind

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

New York office has a talented team and nice work environment.

Cons

Toronto head office thinks too much of themselves. Pay is always uncompetitive.

Viewing 19 - 21 of 11,117 Reviews

Glassdoor has 14,468 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.