As a Scotiabank employee in Canada, you have access to a wealth of benefits designed to support your health and overall well-being. We understand that every household is unique – you might be a parent, a caregiver for extended family members, or both. From daycare to eldercare and from pet insurance to car insurance, our benefits cover a wide range of needs. Whether you need assistance navigating the healthcare system or you’re seeking resources to help your loved ones live vibrant and independent lives, we’ve got you covered.
Now, let’s take a closer look at some of the many perks and benefits* available to you as a valued employee at Scotiabank.
Wellbeing Account
The Wellbeing Account allows Scotiabank employees to use unused flex dollars to improve their physical, financial, mental, and social wellbeing. Expense categories covered by the Wellbeing Account include but are not limited to:
- Membership and classes: health club memberships and fitness programs.
- Fitness and sports equipment: home fitness equipment, athletic apparel, and footwear.
- Healthcare support and services: Nutritional services, first aid and CPR training, maternity services.
- Extended family care support: child day care centre, childcare expenses (e.g. diapers, car seat, baby monitor etc.), Mental health services for extended family members, children’s camps, and expenses related to tutoring.
- Insurance expenses: home, car, and pet insurance.
- Home office equipment: printers, monitors, office chair and desk.
- Grocery and food delivery: meal delivery, groceries, and related delivery fees.
- Indigenous wellbeing support: expenses for Indigenous ceremonies and spiritual activities, Indigenous language learning opportunities and more.
Mental Health
All employees eligible for the Canadian Benefits Plan have access to comprehensive Mental Wellbeing Services, including clinical counsellors, family therapists, internet-based cognitive behavioural therapy, marriage counsellors, Master of Social Work, psychologists and psychotherapists. Boosting your mental health can be an enriching journey with numerous resources at your fingertips, including:
- Guided digital therapy programs curated by clinical psychologists or one-on-one attention from a registered mental health professional.
- Learning how to be more mindful and resilient by taking courses on mindfulness and resilience through Scotia Academy.
- Getting advice from the experts on your total wellbeing through our resource library with content from experts in mental, physical health as well as relationships and professional skills development.
- Getting involved with like-minded Scotiabankers by joining the Scotiabank Balance Mental Health & Wellness Employee Resource Group (ERG).
Family Support
At Scotiabank, we give you the flexibility to tailor your benefits to your needs. As a Scotiabank employee, you have the autonomy to allocate your benefits according to your personal priorities, putting you in control of how you utilize them.
- Immediate family members and dependents: Don’t forget that your mental health benefit is per eligible dependent, so this can also be used for your spouse and dependents if they are covered under the Canadian Benefits Plan, and eligible dependents also have access to our Employee Family Assistance Program (EFAP). You can also support your immediate family by applying funds from your Wellbeing Account towards childcare, back-up daycare, tutoring, and much more.
- Extended family members: You can use your Wellbeing Account to pay for eligible expenses for loved ones who are financially dependent on you. Eligible expenses include mental health services and adult care – e.g., retirement home, meal delivery, and home nursing.
The ability for employees to tailor their benefits to meet their unique needs underscores Scotiabank’s unwavering commitment to supporting employees at work and at home. By offering this flexibility, we empower employees to take control of their wellbeing and professional growth, fostering a work environment that values individual priorities and encourages personal growth.
Want to start the next chapter of your career with us? Join our team today.
*As a condition of employment, member contributions to benefits are made by way of payroll deductions. The above information has been simplified. If there are any discrepancies between this information and the policy and plan documents, the terms of the policy and plan documents will govern and apply in all cases. The Bank reserves the right to make amendments to Human Resources policies, programs, and benefits, up to and including their cancellation, at any time.
