Scotiabank offer personal, commercial, corporate & investment banking products and services. read more

EMPLOYEE PARTICIPANTS: 348

TOTAL RATINGS: 2113

CEO: Brian Porter

Scotiabank Retention Score

Scotiabank is in the Bottom 35% of similar sized companies in its ability to retain quality employees. 33% of employees would not leave Scotiabank if they were offered a job for more money while 66% are excited to go to work each day. Overall, 57% of Scotiabank's employees feel the company is doing what it should to retain them while 43% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated a month ago.

Where This Score Ranks Scotiabank's Retention

BOTTOM
35%
In the Bottom 35% of 1341 Similar Sized Companies on Comparably
5th
5th place versus 5 competitors rated on Comparably

Apr

May

Jun

Sep

Oct

C-65 / 100

Jan

Who Ranks Scotiabank's Retention the Highest?

Department - Business Development 98/100

Ethnicity - Asian or Pacific Islander 92/100

Gender - Female 78/100

Who Ranks Scotiabank's Retention the Lowest?

Department - IT 37/100

Ethnicity - Hispanic or Latino 47/100

Gender - Male 57/100

Scotiabank Retention At a Glance

Scotiabank's Retention score is rated a "C-" by 346 employees. The category helps understand Scotiabank's focus and commitment to retaining employees in their organization.

Over the past three months, Scotiabank's Retention score has remained steady at 65/100. Scotiabank ranks in 5th place versus 5 competitors which include Td Bank, HSBC, Royal Bank Of Canada, Bank Of Montreal, and Citizens National Bank. The Business Development and Engineering departments are likely to stay at the company the longest, while the IT department is likely to have the highest turnaround.

Scotiabank's Retention score is in the Bottom 35% of 1341 similar sized companies (10,000+ Employees) on Comparably.

Scotiabank's Retention Trendline

Scotiabank65
Similar Size on Comparably

How Scotiabank's Retention Score is Calculated

Answer	Percent
Yes	34%
No	66%

Do you believe you're paid fairly?

Answer	Percent
Yes	68%
No	32%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	66%
No	34%

Are you typically excited about going to work each day?

Answer	Percent
Every week	29%
Once a month	14%
Once a quarter	14%
Once a year	29%
Never	14%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	88%
No	12%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	57%
No	43%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	72%
Secure Enough	14%
Neutral	0%
Insecure	14%
Very Insecure	0%

How secure do you feel your job is at your company?

Answer	Percent
Yes	60%
No	40%

Do you have a close friend at work?

Answer	Percent
Yes	100%
No	0%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	0%
Once a week	20%
Once a month	20%
Once a quarter	20%
Never	40%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	50%
No	50%

Do you feel burnt out at work?

Answer	Percent
Yes	60%
No	40%

Are you challenged at work?

Answer	Percent
Yes	33%
No	67%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	50%
No	50%

Are you proud to be a part of your company?

Scotiabank's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

35%

Scotiabank ranks in the Bottom 35% of other companies on Comparably with 10,000+ Employees for Retention Score.

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