Performance Management at Scotiabank - Senior Technical Systems Analyst Scotiabank Employee Review

1.0
12 Feb 2019
Recommend
CEO approval
Business outlook

Pros

There will ALWAYS be tons of job postings at Scotiabank because of the high turnover and the toxic environment.

Cons

Scotiabank's performance management system has the following 3 steps: 1) Tell the employee they are NOT meeting expectations but NOT give them any specific reasons why. 2) Immediately, post the employees position in order to find a replacement. 3) Once a replacement is found, fire the employee. No-one in Canada who is mentally competent would want to work in such a toxic environment.

Explore other reviews about Scotiabank

5.0
8 Dec 2025
Recommend
CEO approval
Business outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

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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