TORONTO, April 27,
2022 /CNW/ - For the third year in a row, Scotiabank
is proud to be recognized as one of the Best Workplaces™ in
Canada. Scotiabank also earns this
esteemed recognition in several countries where it operates, also
placing on the lists of Best Workplaces for our operations in
Trinidad & Tobago,
Colombia, Dominican Republic, Uruguay, and Panama for 2022.
"We're thrilled that our employees believe Scotiabank is a great
place to work, as our people are our greatest asset," said
Barb Mason, Group Head and Chief
Human Resources Officer, Scotiabank. "Creating a culture where
every employee feels supported, valued and free to bring their
whole selves to work is one of our highest measures of our success
and empowers our teams to deliver in a meaningful way for our
communities, customers, and each other, in Canada and across our footprint."
Over the past year, Scotiabank has done the following, and much
more, to provide employees with key resources to support their
total wellbeing, career development and the communities we
serve:
- This year, Scotiabank announced a new global standard for
parental leave across its global footprint by 2025. The enhanced
offering includes 8 fully paid weeks for all parents welcoming a
new child and 8 additional fully paid weeks for parents who have
given birth. This new standard will be introduced in 24 countries
across the Bank's footprint including Chile, Colombia, Mexico, Peru
and more.
- In response to COVID-19, Scotiabank rapidly deployed extensive
proactive and preventive measures across the Bank to prioritize the
health and safety of employees and customers. This included
personal protective equipment for onsite employees, more remote
working options, additional 5 personal days, increased mental and
health wellness benefits. This year, mental wellbeing services has
increased to $10,000 for employees
and their eligible dependents in Canada.
- To further support our communities, ScotiaRISE, Scotiabank's
10-year, $500 million initiative
launched in 2021 to promote economic resilience among
underrepresented groups. In 2021, ScotiaRISE invested $26 million in 200+ organizations globally to
support economic resilience. Globally, the Bank's employees
dedicated 129,000 volunteer hours across various causes and
not-for-profit organizations in their local communities.
The 2022 Best Workplaces™ in Canada list is compiled by the Great Place to
Work® Institute. The competition process to be ranked on this list
is employee driven and represents multiple industries and sizes of
organizations. Seventy five percent of each organization's score is
based on confidential employee feedback, from the globally
recognized Trust Index® Survey. The remaining twenty-five percent
is based on quality, quantity and effectiveness of the programs and
policies which support their employees and corporate culture.
This study offers a rigorous representation of the organization
from an employee perspective, and an overall portrait of the
workplace culture. Together, they provide crucial data relative to
five trust-building dimensions: credibility, respect, fairness,
pride, and camaraderie. This year's list captures the experience
and sentiment of 130,000 employees, rolling out to impact over
500,000 Canadian employees.
For more information, please contact Great Place to Work®
at bestworkplaces@greatplacetowork.ca or visit
www.greatplacetowork.ca
About Great Place to
Work®:
Great Place to Work® is the global authority on high-trust,
high- performance workplace cultures. It is a global research and
consulting firm with a mission to build a better society by helping
companies transform their workplaces. Great Place to Work® provides
the benchmarks, framework, 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. This is
part of the world's largest annual workplace study, which
culminates in a series of national lists in over 50 countries,
including the study's flagship list of 100 Best Companies published
annually in Fortune magazine.
Globally, this survey represents the voices of 11 million
employees, which are the primary determinant used in selecting
winners. There's only one way to get on this list – your
employees have to put you on it. Check out
www.greatplacetowork.ca
Follow Great Place to Work® on Facebook, LinkedIn and Twitter
and use #BestWorkplacesCA
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future", we help our customers, 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 a team of
approximately 90,000 employees and assets of approximately
$1.2 trillion (as at January 31, 2022), Scotiabank trades on the
Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange
(NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank