The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario.The staff at Scotiabank come from unusually diverse demographic backgrounds. The company is 51.4% female and 51.9% ethnic minorities. Scotiabank employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 56.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Scotiabank seem to be happy. The company has great employee retention with staff members usually staying for 5.3 years.The average employee at Scotiabank makes $52,224 per year. Pay at Scotiabank is significantly lower than some of its highest paying competitors, like Metropolitan Bank, CIBC Oppenheimer Holdings Inc, and City National Bank, which pay $66,707, $65,353, and $64,116, respectively.Based in the United States, Scotiabank is a key player in the finance industry with 1,400 employees and an annual revenue of $249.2M.
Scotiabank's mission statement
To being the institution of choice in the financial sector, providing superior products and services, and being a good corporate citizen to the benefit of our customers, shareholders, and staff.
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4.6/5
Scotiabank employee reviews
Based on 7 ratings
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Help job seekers learn about working at Scotiabank
The culture and opportunity, you have the ability to design your career
Cons of working at Scotiabank
The hours can be long depending on the project
Scotiabank benefits
ESOP
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5.0
A zippia user wrote a review on Jan 2022
Pros of working at Scotiabank
Work-life balance and the culture, Career advancement
Cons of working at Scotiabank
The Salary is not competitive
Scotiabank benefits
Wellness
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5.0
A zippia user wrote a review on Nov 2020
Pros of working at Scotiabank
Working with challenging projects
Cons of working at Scotiabank
I did like everything
Scotiabank benefits
the annual economic bonds
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The team at Scotiabank
The key people at Scotiabank is Brian Johnston Porter.
Key people
Brian Johnston Porter
Scotiabank rankings
Scotiabank is ranked #38 on the Best Finance companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
We calculated Scotiabank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Scotiabank’s workforce.
Scotiabank diversity summary. Zippia estimates Scotiabank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Scotiabank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Scotiabank's workforce.
Scotiabank has 1,400 employees.
51% of Scotiabank employees are women, while 49% are men.
The most common ethnicity at Scotiabank is White (48%).
28% of Scotiabank employees are Hispanic or Latino.
11% of Scotiabank employees are Asian.
The average employee at Scotiabank makes $52,224 per year.
Scotiabank employees are most likely to be members of the democratic party.
Employees at Scotiabank stay with the company for 5.3 years on average.
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Scotiabank financial performance
9.7
Performance score
Highest paying Scotiabank competitors
Compare Scotiabank salaries to competitors, including Metropolitan Bank, CIBC Oppenheimer Holdings Inc, and City National Bank. Employees at Metropolitan Bank earn the highest average yearly salary of $66,707. The salaries at CIBC Oppenheimer Holdings Inc average $65,353 per year, and the salaries at City National Bank come in at $64,116 per year.
Rank
Company
Average salary
Jobs
1
$66,707
0
2
$65,353
0
3
$64,116
0
4
$62,066
0
5
$61,303
0
6
$59,981
0
7
$54,984
0
8
$54,318
0
9
$52,461
0
10
$47,443
0
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Zippia gives an in-depth look into the details of Scotiabank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Scotiabank. The employee data is based on information from people who have self-reported their past or current employments at Scotiabank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Scotiabank. The data presented on this page does not represent the view of Scotiabank and its employees or that of Zippia.
Scotiabank may also be known as or be related to Scotiabank, Scotiabank of Puerto Rico Inc and The Bank of Nova Scotia.