TORONTO, Jan. 25,
2023 /CNW/ - Scotiabank is proud to be named as
one of Canada's Top Employers for
Young People 2023 by Mediacorp Canada Inc. for the third year in a
row.
The award recognizes employers that offer the nation's best
workplaces and programs for young people just starting their
careers. Organizations on the list are considered Canada's leaders in attracting and retaining
younger employees to their organizations.
This year, Scotiabank was recognized for several initiatives
aimed at helping young people develop the skills to thrive,
including a dedicated global student committee that offers
workshops and skills development, up to $10,000 in tuition subsidies for job-related
courses each year for participants of the Talent Incubators for
Leaders of Tomorrow program, extensive student orientation, as well
as unique training and development opportunities.
"At Scotiabank, we work hard to create an inclusive environment
where every employee feels supported, valued and empowered to
deliver in a meaningful way for our communities, our customers, and
each other," said David Noel, Senior
Vice President, Global HR Services. "It is critical that we foster
the next generation of talent, and we're committed to creating
programs for students and recent grads that enable their success in
the workplace."
Scotiabank launched the Talent Incubators for Leaders of
Tomorrow (TILT) series, a collection of high-performance rotational
programs designed specifically for recent graduates joining
Scotiabank. The TILT Framework offers participants career
development, a community dedicated to orientation, clubs and
networking events, and mentorship.
Through customized workshops, courses, executive masterclasses,
capstone projects and more, TILT programs are designed to ensure
best-in-class learning, development and overall experience for
associates. Programs are available for a variety of business areas
such as Technology, Global Capital Markets, Commercial Banking,
Strategic Functions and Global Operations. TILT also offers
programs Focused on Women in Leadership Development and the
Indigenous Peoples Development Program. Since the program launched
in 2019, over 350 recent graduates have completed rotational
programs.
In 2020, Scotiabank also made the decision to remove the resume
requirement as part of the Bank's campus hiring program. Shifting
from resumes that focus on experience to psychometric assessments
that reveal skill, the Bank is recruiting more diverse talent, with
an increase in the number of women hired by 50 per cent and visible
minorities by 60 per cent over the past three years. In addition,
the Bank has nearly doubled retention of campus hires across the
organization during the same time period.
Each year, Scotiabank recruits approximately 1,000 students as
interns or as part of its graduate development program, and about
250 students per year into its rotational programs designed
specifically for new graduates.
For information on all development programs for new graduates,
visit
https://www.scotiabank.com/careers/en/careers/careers-students-and-new-grads.html#programs
Canada's Top Employers for
Young People
2023 competition
Now in its 21st year, Canada's
Top Employers for Young People is an editorial competition that
recognizes employers offering the nation's best workplaces and
programs for young people starting their careers. Winners of the
competition are chosen by the editorial team at the Canada's Top 100 Employers project on the
basis of the programs and initiatives they offer to attract and
retain younger workers. These include benefits such as tuition
assistance and co-op or work-study programs. The editors also
examine each employer's mentorship and training programs, including
benefits such as bonuses paid on completing trades or professional
designations. The editors also review each employer's career
management program, looking for initiatives that help younger
workers advance faster in the organization.
Mediacorp Canada Inc.
Founded in 1992,
Mediacorp Canada Inc. is the nation's largest publisher of
employment periodicals. Since 1999, the Toronto-based publisher has managed the
Canada's Top 100 Employers
project, which includes 18 regional and special-interest editorial
competitions that reach millions of Canadians annually through a
variety of magazine and newspaper partners, including The Globe and
Mail. Mediacorp also operates Eluta.ca, one of Canada's largest job search engines, which
reaches over two million job-seekers annually and features
exclusive editorial reviews from the Canada's Top 100 Employers project.
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 over 90,000
employees and assets of over $1.3
trillion (as at October 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
@Scotiabank.
SOURCE Scotiabank