Here are some of the reasons why Scotiabank was selected as one of Greater Toronto's Top Employers (2024):

• Scotiabank's health benefits plan features flex credits that can be allocated to a well-being account, covering a broad range of expenses such as sports activities, fitness gear and equipment, ergonomic home office equipment, grocery and food delivery services, and even child care needs
• Scotiabank expanded its mental health coverage from $3,000 to $10,000 as a result of employee feedback and is better equipping leaders and people managers on how to support employees with dedicated mental health awareness training
• Scotiabank maintains a Family and Parents Network to help employees with diverse family structures (parents, grandparents, children, caregivers, and pet owners) connect, and provides maternity and parental leave top-up for new parents (to 100 per cent of salary for 12 weeks for new mothers and six weeks for fathers and adoptive parents) as well as an adoption subsidy of up to $10,000 (lifetime max)

Here are some of the reasons why Scotiabank was selected as one of Canada's Top Employers for Young People (2024):

• Scotiabank manages Expedition, a 24-month women in leadership development program for master's students or recent graduates with three to five years of experience looking to pursue a career in Canadian banking and global wealth management -- the program is designed to fast-track participants to a leadership role through mentorship support, leadership learning and rotations in various departments
• Scotiabank manages a Talent Incubators for Leaders of Tomorrow (TILT) series, a collection of rotational programs for recent graduates that includes customized workshops, courses, executive master classes, and capstone projects
• Scotiabank supports a dedicated employee resource group for young professionals called Advance ERG, coordinating personal and professional development opportunities, networking sessions, and educational programming for students and early-career professionals across the organization

Here are some of the reasons why Scotiabank was selected as one of Canada's Best Diversity Employers (2024):

• Scotiabank established ambitious commitments for 2025, including doubling the current representation of Indigenous employees across all levels of the organization, and increasing representation of persons with disabilities by 20 per cent (also across all levels of the organization) -- the bank recently added a new goal to increase the representation of those identifying as LGBT+ to seven per cent of its Canadian workforce
• Scotiabank recently created the SOAR development program to increase the pipeline of Indigenous students in banking -- aimed at Indigenous students completing post-secondary education, the 12 to 24-month program provides support through coaching, as well as opportunities to learn, practice and apply skills
• Scotiabank also updated its Elevate development program for women at the associate director or director level in its global banking and markets business in response to data showing a higher number of women leaving financial services at the mid-point of their careers -- the six-month program includes development sessions, mentorship and networking to increase exposure to senior leaders, with 95 per cent of the over 300 associate directors who participated remaining with the bank two years later