Scotiabank Culture | Comparably
Scotiabank offer personal, commercial, corporate & investment banking products and services. read more
EMPLOYEE
PARTICIPANTS
348
TOTAL
RATINGS
2113

Scotiabank Company Culture

Scotiabank Culture

This score is derived from employee ratings & reviews
3.2/5
Scotiabank's Overall Culture is rated C

Top Rated Culture Dimensions

Scotiabank CEO

Top 50%Top 50% of Similar Size Companies on Comparably
Brian Porter Scotiabank's CEO
Brian Porter
69 /100

Diversity at Scotiabank

Top 50%Top 50% of Similar Size Companies on Comparably
C+

Diverse employees at Scotiabank have rated Manager, Team, and Happiness as the highest categories they have scored

Women at Scotiabank

Top 15%Top 15% of Similar Size Companies on Comparably
A-

Women at Scotiabank have rated Manager, Office Culture, and Perks And Benefits as the highest categories they have scored

Scotiabank eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 50%Top 50% of Similar Size Companies on Comparably

Recommend to a Friend?

-4

Scotiabank employees are -4% more likely to recommend Scotiabank as a great place to work

38%Promoters
20%Passives
42%Detractors

Working at Scotiabank

Working at Scotiabank is rated below average by 348 employees, across various culture dimensions. Scotiabank employees rate Manager highest among all categories, and think that Compensation and Happiness have the most room for improvement, putting Scotiabank’s culture in the Bottom 40% compared to similar sized companies on Comparably. See below in detail how working at Scotiabank was rated by employees.

Overall Company Culture at Scotiabank

C

Overall Company Culture at Scotiabank is rated C

Last updated a month ago

Bottom
40%

Scotiabank ranks in the Bottom 40% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 348 Employees

View Results
0
20
40
60
80
100
Business Dev
90
Business Dev90
Engineering
72
Engineering72
IT
40
IT40

Scotiabank Employee Reviews

Out of 153 Scotiabank employee reviews, 72% were positive. The remaining 28% were constructive reviews with the goal of helping Scotiabank improve their work culture.

72%
28%
Positive Reviews72%
Constructive Feedback28%

Positive Reviews From Scotiabank Employees

  • What makes you most happy at work?
    Being left along to work on project and get it done
  • What are some of the best things about your team?
    Personally ipen and honest with each other
  • What do you like best about the leadership team?
    Not involved and hide behind door and computers

Constructive Feedback From Scotiabank Employees

  • What needs to change to make the company culture better?
    Leadership needs to have employee interests in mind and have realistic expectations
  • Why do you feel undervalued and what would make you feel better about your compensation?
    Compensation could be enhanced a lot
  • Why do you feel undervalued and what would make you feel better about your compensation?
    Because paying 40k for an full-time advisors in canada is insane

Scotiabank Company Information

Scotiabank Company Overview

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

Scotiabank Mission, Vision & Values

Scotiabank Mission Statement

We create and design logos for Jamaican companies that are easily identifiable and resonate with the public.""

Scotiabank Vision Statement

We ll be one of the world s leading brand marketing companies by 2015. We ll work with global clients to develop branding strategies for new and existing products.

Scotiabank Values

  • Our people first

Sustainability and Corporate Social Responsibility at Scotiabank

We believe banking is a calling. Financial services support economic progress, allow people to pursue ambitions and create more widespread future opportunities. We deliver on this through our focus on Sustainable Business.

Scotiabank is committed to helping young people reach their infinite potential by investing in the complete picture of their development.  We recognize what is possible when young people have the guidance, confidence and tools they need to achieve their dreams. We believe this is an investment in the long-term security, stability and growth of our communities.

HeadquarterScotia Plaza, 44 King Street W
M5H 1H1
United States of America
Websitewww.scotiabank.com/
Founding Date1832

Scotiabank Competitors

Scotiabank competitors include Td Bank, Royal Bank Of Canada, HSBC, and Bank Of Montreal. Scotiabank ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Scotiabank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Td Bank's Logo
    Td Bank
    4.3/5
  2. #2
    Royal Bank Of Canada's Logo
    Royal Bank Of Canada
    3.8/5
  3. #3
    HSBC's Logo
    HSBC
    3.6/5
  4. #4
    Scotiabank's Logo
    Scotiabank
    3.2/5
  5. #5
    Bank Of Montreal's Logo
    Bank Of Montreal
    2.9/5
  • Culture Video

Scotiabank Employees

348 employees at Scotiabank have reviewed Scotiabank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was a month ago.

Overall, the 348 Scotiabank employees give their leadership a grade of B-, or Top 40% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Scotiabank are mostly dissatisfied with their total compensation at Scotiabank, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Scotiabank are generally satisfied with their team. 348 Participants grade the quality of their coworkers a C-. The majority believe the meetings at Scotiabank are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Scotiabank believe the environment at Scotiabank is positive. Most Participants believe the pace of work at Scotiabank is moderate. About 52% of the employees at Scotiabank work 8 hours or less, while 9% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Scotiabank are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Scotiabank employees generally work 9.3 hrs a day
Work Hours
A Day in the Life
Employees at Scotiabank report the work pace is moderate
Work Pace
A Day in the Life
68% of Scotiabank employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Scotiabank employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
58% of Scotiabank employees call their work environment positive
Environment

Joining Scotiabank - Employee Onboarding

The prevailing opinion from employees about joining Scotiabank is that the company was prepared on their first day. Scotiabank employees concluded that their overall onboarding experience was positive. 67% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Scotiabank KPIs and OKRs

At Scotiabank 50% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Scotiabank's KPIs and OKRs is essential for its success. Out of 8 Scotiabank employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 7 have said yes.

AnswerPercent
Yes88%
No12%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes50%
No50%
Are the KPIs/OKRs for your department clear?

Scotiabank CEO & Leadership

Scotiabank CEO - Brian Porter

Brian Porter Scotiabank's CEO
69 /100

Brian’s approval rate is just above average, putting Brian in the Top 50% of all CEOs of similar-sized companies on Comparably. Brian Porter is well regarded by employees for the Manager Scotiabank offers, and ranks among the Top 35% of CEOs by employees in that category. Brian is most liked by Caucasian employees and employees with Entry Level experience. However, employees in the IT department have a slightly unfavorable view of the CEO. When compared to Scotiabank’s competitors, Brian Porter ranks just below HSBC’s CEO John Flint. With Brian’s leadership, Scotiabank employee respondents are most happy about their Manager and Leadership. Brian was rated slightly below average for Compensation.

Scotiabank Leadership

The Scotiabank Executive Team is rated a “C+” and led by CEO Brian Porter, CFO Jay Taragin, and Executive Director - Commerical Finance Caleb Clem

  • Brian Porter  CEO / President

    Brian Porter CEO / President

    Brian Porter serves as the CEO / President of Scotiabank.

  • Jay Taragin CFO

    Jay Taragin serves as the CFO of Scotiabank Global Banking and Markets. Jay started at Scotiabank Global Banking and... read more

  • Caleb Clem Executive Director - Commerical Finance

    Caleb Clem serves as the Executive Director - Commerical Finance of Scotiabank.

  • Raymond Clifford Chief Audit Executive

    Raymond Clifford serves as the Chief Audit Executive of Scotiabank Global Banking and Markets. Raymond started at... read more

  • Keith Peckholdt Director

    Keith Peckholdt serves as the Director of Scotiabank Global Banking and Markets. Keith started at Scotiabank Global... read more

  • Abid Gilani Managing Director

    Abid Gilani serves as the Managing Director of Scotiabank.

  • Charlie Comiskey Managing Director

    Charlie Comiskey serves as the Managing Director of Scotiabank Global Banking and Markets. Charlie started at Scotiabank... read more

  • David Brooks Managing Director

    David Brooks serves as the Managing Director of Scotiabank Global Banking and Markets. David started at Scotiabank... read more

  • David Mahmood Managing Director & Execution Head

    David Mahmood serves as the Managing Director & Execution Head of Scotiabank Global Banking and Markets. David started... read more

Scotiabank Salaries

How much does Scotiabank pay?

How much do people at Scotiabank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Scotiabank is $129,780, or $62 per hour, while the estimated median salary is $131,535, or $63 per hour.

At Scotiabank, the highest paid job is a Director of Sales at $228,327 annually and the lowest is a CS Rep at $46,570 annually. Average Scotiabank salaries by department include: Admin at $62,857, Customer Support at $70,477, Finance at $91,190, and Design at $123,402. Half of Scotiabank salaries are above $131,535.

99 employees at Scotiabank rank their Compensation in the Bottom 20% of similar sized companies in the US (based on 302 ratings) while 95 employees at Scotiabank rank their Perks And Benefits in the Bottom 30% of similar sized companies in the US (based on 98 ratings).

Salaries contributed from Scotiabank employees include job titles like Senior UI/UX Designer and Financial Analyst. Comparably data has a total of 0 salary records from Scotiabank employees.

Last updated months ago.

1st Percentile
$73k
$73k1st Percentile
17th Percentile
$101k
$101k17th Percentile
33rd Percentile
$123k
$123k33rd Percentile
50th Percentile
$184k
$184k50th Percentile
67th Percentile
$238k
$238k67th Percentile
83rd Percentile
$266k
$266k83rd Percentile
100th Percentile
$297k
$297k100th Percentile
$129,780*
Average Compensation
$131,535*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Scotiabank Salaries by Department

Explore Scotiabank Salaries

Diversity & Inclusion at Scotiabank

Diverse employees at Scotiabank score the company 66/100 across various culture categories, placing Scotiabank in the Top 50% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Scotiabank across various culture dimensions.

Inclusion isn’t just the right thing to do – it’s what makes us better.,

Ranked Culture the Highest

Women 90/100
Department - Business Development
Men 72/100
Department - Engineering
Diverse Employees 72/100
Department - Engineering

Ranked Culture the Lowest

Women N/A/100
Men 71/100
Tenure - 2 to 5 Years
Diverse Employees 40/100
Department - IT

Scotiabank Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Health Insurance

Scotiabank PTO

Scotiabank's PTO and Vacation policy typically gives 20-30 days off a year with 50% of employees expected to be work free while out of office. Scotiabank's benefits and PTO Package averages to represent a $500 -$1000 cash value per month.

AnswerPercent
Flex Time100%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes50%
No50%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo33%
$1000 -$1500/mo0%
$500 -$1000/mo34%
Less than $500/mo33%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Scotiabank Careers

Scotiabank Jobs

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Let Scotiabank Know You Want To Work There

Overview of Candidates Interested in Scotiabank on Comparably

Candidates By Department

All Industries
80%
IT
20%

Candidates By Location

New York City
40%
Pfafftown
20%
San Francisco
20%
Albany
20%

Frequently Asked Questions regarding Scotiabank

What is Scotiabank address?

Scotiabank location is at Scotia Plaza, 44 King Street W

Who is the CEO of Scotiabank?

Scotiabank CEO is Brian Porter, their score by employees is 69

What is Scotiabank eNPS?

The eNPS for Scotiabank is -4

What is the salary for Community Manager in Scotiabank?

Community Manager average salary in the US is 76k

What are the salaries in the Engineering in Scotiabank?

The average salaries for Engineering in Scotiabank is 141k

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