TORONTO, Oct. 20, 2011 /CNW/ - Scotiabank is very proud to have been named again as one of the Best Employers in Canada, based on a national employee survey conducted by Aon Hewitt and published in Maclean's magazine. Scotiabank ranked 23 out of 50 organizations named to the list.

"Over our 179 year history we have always believed that satisfied and engaged employees increase customer satisfaction, generate strong business results and add value to the communities we serve," said Sylvia Chrominska, Group Head of Global Human Resources and Communications for Scotiabank. "We are proud to have been named one of Canada's best employers for the eighth time. It is very gratifying to know our employees' feedback reflects our commitment to providing a supportive and engaging work environment."

The annual Best Employers list measures engagement and is the only national survey determined primarily by employees. Each year, Aon Hewitt, the human capital consulting and outsourcing solutions business of Aon Corporation, surveys employees, executives and Human Resources professionals to determine the top companies in Canada.

"Scotiabank has clearly demonstrated a dedication to employee engagement, a fact that has been reaffirmed by their employees from coast to coast," said Neil Crawford, Best Employers in Canada Study Leader at Aon Hewitt. "Their understanding of the benefits that come from cultivating high employee engagement has helped to ensure that Scotiabank customers continue to receive the best service."

Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 70,000 employees, Scotiabank Group and its affiliates serve some 18.6 million customers in more than 50 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. With assets above $567 billion (as at July 31, 2011), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.