TORONTO, Jan. 25, 2023 /CNW/ – Scotiabank is proud to be named as certainly one of Canada’s Prime Employers for Younger Individuals 2023 by Mediacorp Canada Inc. for the third yr in a row.

The award acknowledges employers that provide the nation’s greatest workplaces and packages for younger folks simply beginning their careers. Organizations on the record are thought-about Canada’s leaders in attracting and retaining youthful workers to their organizations.

This yr, Scotiabank was acknowledged for a number of initiatives aimed toward serving to younger folks develop the abilities to thrive, together with a devoted international scholar committee that gives workshops and expertise growth, as much as $10,000 in tuition subsidies for job-related programs annually for individuals of the Expertise Incubators for Leaders of Tomorrow program, intensive scholar orientation, in addition to distinctive coaching and growth alternatives.

“At Scotiabank, we work onerous to create an inclusive setting the place each worker feels supported, valued and empowered to ship in a significant approach for our communities, our prospects, and one another,” mentioned David Noel, Senior Vice President, World HR Companies. “It’s vital that we foster the subsequent era of expertise, and we’re dedicated to creating packages for college kids and up to date grads that allow their success within the office.”

Scotiabank launched the Expertise Incubators for Leaders of Tomorrow (TILT) sequence, a group of high-performance rotational packages designed particularly for current graduates becoming a member of Scotiabank. The TILT Framework presents individuals profession growth, a neighborhood devoted to orientation, golf equipment and networking occasions, and mentorship.

By way of personalized workshops, programs, govt masterclasses, capstone initiatives and extra, TILT packages are designed to make sure best-in-class studying, growth and total expertise for associates. Applications can be found for quite a lot of enterprise areas comparable to Expertise, World Capital Markets, Business Banking, Strategic Capabilities and World Operations. TILT additionally presents packages Centered on Ladies in Management Growth and the Indigenous Peoples Growth Program. Because the program was launched in 2019, over 350 current graduates have accomplished rotational packages.

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In 2020, Scotiabank additionally made the choice to take away the resume requirement as a part of the Financial institution’s campus hiring program. Shifting from resumes that target expertise to psychometric assessments that reveal expertise, the Financial institution is recruiting extra numerous abilities, with a rise within the variety of girls employed by 50 per cent and visual minorities by 60 per cent over the previous three years. As well as, the Financial institution has almost doubled the retention of campus hires throughout the group throughout the identical time interval.

Annually, Scotiabank recruits roughly 1,000 college students as interns or as a part of its graduate growth program, and about 250 college students per yr into its rotational packages designed particularly for brand spanking new graduates.

For data on all growth packages for brand spanking new graduates, go to https://www.scotiabank.com/careers/en/careers/careers-students-and-new-grads.html#packages

Canada’s Prime Employers for Younger Individuals

2023 competitions

Now in its twenty first yr, Canada’s Prime Employers for Younger Individuals is an editorial competitors that acknowledges employers providing the nation’s greatest workplaces and packages for younger folks beginning their careers. Winners of the competitors are chosen by the editorial workforce on the Canada’s Prime 100 Employers venture on the premise of the packages and initiatives they provide to draw and retain youthful employees. These embrace advantages comparable to tuition help and co-op or work-study packages. The editors additionally look at every employer’s mentorship and coaching packages, together with advantages comparable to bonuses paid on finishing trades or skilled designations. The editors additionally evaluation every employer’s profession administration program, searching for initiatives that assist youthful employees advance quicker within the group.

Mediacorp Canada Inc.
Based in 1992, Mediacorp Canada Inc. is the nation’s largest writer of employment periodicals. Since 1999, the Toronto-based writer has managed the Canada’s Prime 100 Employers venture, which incorporates 18 regional and special-interest editorial competitions that attain tens of millions of Canadians yearly by way of quite a lot of journal and newspaper companions, together with The Globe and Mail. Mediacorp additionally operates Eluta.ca, certainly one of Canada’s largest job search engine, which reaches over two million job-seekers yearly and options unique editorial critiques from the Canada’s Prime 100 Employers venture.

About Scotiabank

Scotiabank is a number one financial institution within the Americas. Guided by our objective: “for each future”, we assist our prospects, their households and their communities obtain success by way of a broad vary of recommendation, services, together with private and business banking, wealth administration and personal banking, company and funding banking , and capital markets. With a workforce of over 90,000 workers and property of over $1.3 trillion (as at October 31, 2022), Scotiabank trades on the Toronto Inventory Alternate (TSX: BNS) and New York Inventory Alternate (NYSE: BNS). For extra data, please go to http://www.scotiabank.com and observe us on Twitter @Scotiabank.

SOURCE Scotiabank

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