Financial Advisor - Anonymous employee Scotiabank Employee Review

1.0
14 Aug 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The only pro is that there is a salary that is paid on time. This job is nothing but a paycheque. If you have a good manager the office environment can be good. Work life balance is good because no one works overtime after the bank got sued for forcing people to without pay.

Cons

The sales goals are absurd, and they grow every year. When goals go up significantly without any increase in pay, its the same as a paycut. The incentive pay is a joke, especially when its near impossible to reach the required sales. The base salaries start off far below market as well. Do whats right for the client is a catch phrase that means very little. The turnover rate is very high and there are chronic issues with staffing, making it much harder on the remaining branch staff.

Explore other reviews about Scotiabank

5.0
15 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

good culture while growing US business lines

Cons

growing US business lines while undergoing multiple changes

2.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

A couple of smart people who are kind and open to mentoring. Hours not bad given no deal flow in US.

Cons

Top heavy management. Culture values heavy politicking. Low bonuses.

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