Scotiabank Reviews | Glassdoor.sg

Scotiabank Reviews

Updated 16 Jul 2019

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Found 2973 reviews

3.5
StarStarStarStarStar
Rating TrendsRating Trends
64%
Recommend to a Friend
68%
Approve of CEO
Scotiabank CEO Brian J. Porter
Brian J. Porter
1084 Ratings
Pros
Cons
  • "Work life balance was sometimes tough, but that might vary by department(in 83 reviews)

  • "Very long hours, HR is not very helpful(in 47 reviews)

More Pros and Cons
  1. "Great experience and environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Toronto, ON
    Approves of CEO

    I worked at Scotiabank part-time for less than a year

    Pros

    I loved working here! Great culture and team

    Cons

    Wish I could have stayed longer!

    Scotiabank2019-07-16
  2. "Success as an Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor 

    I have been working at Scotiabank full-time for more than a year

    Pros

    - Great Coaches that come into branches to work one on one with advisors and strengthen skills - My branch environment was excellent. Lots of great people. - healthy amount of competition.

    Cons

    - numbers, numbers, numbers. If you dont have your numbers, you're no good to the company. - management in branches has poor leadership skills. People get bumped up very easily and they may not be a good fit for that particular role. - advisor support lines are ridiculously slow. You have to be passed around to get to where you need to be This role consists of constant emails and voicemails. Clients always come...

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    Scotiabank2019-07-16
  3. "Good place to work"

    StarStarStarStarStar
      Current Employee - Senior Accounting Clerk 

      I have been working at Scotiabank full-time

      Pros

      A friendly and supporting workplace will give you sufficient training when you just start

      Cons

      not many cons can be described right now

      Scotiabank2019-07-11
    • "Creating opportunities and diversity"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Manager Testing 

      I have been working at Scotiabank full-time

      Pros

      Good place to work for promoting diversity

      Cons

      Slow in decision making due to many layers

      Scotiabank2019-07-11
    • "Good culture"

      StarStarStarStarStar
        Former Employee - Intern 

        I worked at Scotiabank part-time for less than a year

        Pros

        - good culture, good benefits

        Cons

        - nothing worth noting at this time

        Scotiabank2019-07-10
      • Helpful (3)

        "Great for immigrants, but with low pay and complex structure"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Senior Manager in Toronto, ON
        Recommends
        Positive Outlook
        No Opinion of CEO

        I have been working at Scotiabank full-time for more than a year

        Pros

        The bank is great for newcomers as it has a large footprint outside of Canada and thus favors language skills (Spanish in particular). Also being one of the worst paying banks, it's easier to hire qualified immigrants (but with no Canadian experience) since it's tough (money wise) to steal from the competitors. Benefits are good - 4 weeks of vacation for level 8, 3 personal days, 5 sick days, an okay insurance coverage....

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        Cons

        Scotia is massive with lots of different areas. Expect to encounter different cultures within different areas of the bank. Lots of gossip, and unfortunately some senior management incentivise that, by asking around people's opinions on their peers! Pace is slow, very slow. Overall the bank is very risk avoider, so decision making is hard and lengthy. Progressing in the career is also though. Ambition is not really...

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        Advice to Management

        Be bolder and empower people to make decisions without having to confer with dozens of others. Things will move a lot faster. Also stop the corridor gossip from senior leadership. Opinions should be formed based on proper performance reviews, not hearsay.

        Scotiabank2019-07-02
      • "Qa analysts"

        StarStarStarStarStar
          Former Employee - QA Analyst 

          I worked at Scotiabank full-time for more than a year

          Pros

          Amazing environment to work always

          Cons

          Long hours sucks so left

          Scotiabank2019-07-07
        • "Manager"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - Manager in Toronto, ON
          Approves of CEO

          I have been working at Scotiabank full-time for more than a year

          Pros

          Great Culture! Career Growth and opportunities

          Cons

          The Bank could use some to processes

          Scotiabank2019-07-05
        • "SERVICE ADVISOR"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - SERVICE ADVISOR in Calgary, AB
          Recommends
          Positive Outlook
          Approves of CEO

          I have been working at Scotiabank part-time for more than a year

          Pros

          -Supportive management, fun people to work with -Could be a good stepping stone for people who want to get promoted to be a financial advisor and make career in banking

          Cons

          -Service Advisors are underpaid for the amount if work that they have to do. The job duties goes way beyond just dealing with cash. -Less work hours. You could make more money working at a sales job in a mall.

          Advice to Management

          Offer due compensation to service advisors for the amount of work that they have to do or make a separate department for all the extra administrative work like mortgage payouts etc.

          Scotiabank2019-07-06
        • "good company to work"

          StarStarStarStarStar
            Current Employee - AML Manager 

            I have been working at Scotiabank full-time

            Pros

            benefits, location and no need to work overtime

            Cons

            bureaucracy, and wish more a "home office " culture

            Scotiabank2019-07-03
          Found 2973 reviews