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Scotiabank

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Scotiabank

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Scotiabank FAQ

Have questions about working at Scotiabank? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Scotiabank.

All answers shown come directly from Scotiabank Reviews and are not edited or altered.

69 English questions out of 69

19 August 2022

Does Scotiabank offer relocation assistance?

Pros

Banking benefits, job security, opportunities to learn and grow

Cons

Benefits package is not great especially health and benefits plan, average pay is lower

Benefits package is not great especially health and benefits plan, average pay is lower

19 August 2022

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7 December 2020

Does Scotiabank offer massages?

Pros

The people there are very nice. There's free coffee and nice working atmosphere.

Cons

Training could be a little more comprehensive and there's not a lot of communication through the different departments.

There's free coffee and nice working atmosphere.

7 December 2020

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23 March 2021

Does Scotiabank offer dental insurance?

Pros

Competitive Salary, bonuses based on sales, up to 6% share purchase plan with 4% matched, good benefits, dental, health, quick refunds, 16 days vacation.

Cons

No access to credit, very hard to get approvals, terrible management approach, daily meetings, they'll grind you every day for 30m-1hr before you even get started with your day. "Team" approach is all fake. They rather hire externals from other banks than promote within.

Advice to Management

70% of the people at my branch quit, management, HR and leadership are well aware what the problems are, grinding people down until they snap. Stress leaves are a common practice. Human decent treatment of staff will help you more to reach the top 3 that you are really wishing to obtain. Clients notice from miles how unhappy your staff is.

Competitive Salary, bonuses based on sales, up to 6% share purchase plan with 4% matched, good benefits, dental, health, quick refunds, 16 days vacation.

23 March 2021

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25 May 2022

Does Scotiabank have a pension plan?

Pros

Benefits, diversity and inclusion, pension plan

Cons

Amount of work, difficult to work in English and Spanish

Benefits, diversity and inclusion, pension plan

25 May 2022

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9 December 2022

Does Scotiabank offer parental leave?

Pros

Team work, reasonable expectation of hours, work life balance, reasonable pay equity

Cons

Re-org while on maternity leave, small pay increase without changing jobs

org while on maternity leave, small pay increase without changing jobs

9 December 2022

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69 English questions out of 69

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