Scotiabank chosen as one of the Best Workplaces in Financial
Services & Insurance in Canada
by Great Place to Work® for the
seventh consecutive year.
TORONTO, July 24,
2024 /CNW/ - Scotiabank is proud to be
recognized on the Best Workplaces™ in Financial Services &
Insurance in Canada list by Great
Place to Work®. This list is employee-driven, providing
an overall portrait of workplace culture through attributes that
matter most to employees working in the financial services and
insurance industry, like credibility, trust, respect, fairness,
pride, and camaraderie.
"At Scotiabank, we are committed to creating an environment
where everyone thrives in a strong culture rooted in diversity,
inclusion and trust," said Jenny
Poulos, Chief Human Resources Officer. "This recognition
signifies our Bank as a leader in our industry, where employees
feel proud to work and are empowered to reach their fullest
potential."
Employee feedback is an important element that influences
workplace culture. At Scotiabank, a continuous feedback loop runs
throughout the year to ensure employees are heard, and their
feedback shapes the initiatives introduced, which build on the
strong, inclusive culture that is present today. Such initiatives
include:
- The introduction of the Bank's Global Inclusive Standards of
Care for employee benefits to provide a more consistent experience
for employees, with a focus initially on closing healthcare gaps
for women and members of the 2SLGBTQIA+ community.
- A global standard for parental leave for employees across the
Bank's footprint. The offering was enhanced for employees in
Canada in 2023 and provides 8
fully paid weeks for eligible parents welcoming a new child and 8
additional fully paid weeks for eligible parents who have given
birth.
- Recently increased fertility treatment coverage to a lifetime
maximum of $20,000, in addition to
$10,000 each for adoption and
surrogacy coverage to support employees in their journey to become
parents.
- Ongoing investments to our Global Inclusion efforts, including:
- The creation and hiring of the Bank's first VP of Global
Inclusion, signifying the importance of continuing to prioritize
DEI and Indigenous Inclusion initiatives.
- The launch of the Indigenous Inclusion Team in August 2023, responsible for supporting all
Indigenous Employees and non-Indigenous people working with the
Indigenous Community at Scotiabank and to develop solutions to
replace discomfort with care and action while providing ongoing
cultural awareness education.
- The introduction of new learning resources to support employees
in using inclusive language and actions to create equitable work
environments, as well as how to make inclusive hiring decisions, in
addition to more than 450 DEI-specific learning resources available
to all employees to support their inclusion journey.
About Great Place to
Work®:
Great Place to Work is the global authority on high-trust,
high-performance workplace cultures. A global research and
consulting firm, Great Place to Work® provides the
benchmarks and expertise needed to create, sustain, and recognize
outstanding workplace cultures. In Canada, Great Place to Work®
produces both industry and demographic specific Best Workplace™
lists, and represents the voices of 500,000 employees across
industry. This is part of the world's largest annual workplace
study, recognizing the world's Best Workplaces in a series of
national lists including those published by The Globe & Mail
(Canada) and Fortune magazine
(USA). Visit us at
www.greatplacetowork.ca
About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial
partner, to deliver sustainable, profitable growth and maximize
total shareholder return. Guided by our purpose: "for every
future," we help our clients, their families and their communities
achieve success through a broad range of advice, products and
services, including personal and commercial banking, wealth
management and private banking, corporate and investment banking,
and capital markets. With assets of approximately $1.4 trillion (as at April
30, 2024), Scotiabank trades on the Toronto Stock Exchange
(TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more
information, please visit www.scotiabank.com and follow us on X
@Scotiabank.
SOURCE Scotiabank