HSBC reviews

3.9

72% would recommend to a friend

(28,219 total reviews)
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Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.9 out of 5 stars, based on 28,219 company reviews on Glassdoor which indicates that most employees have a good working experience there. The HSBC employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

28K reviews
5.0
Dec 8, 2021

Goood

Recommend
CEO approval
Business Outlook

Pros

Very good personal and headquarters

Cons

nothing is bad about it

1.0
Jan 17, 2019
Recommend
CEO approval
Business Outlook

Pros

Good pay with work life balance

Cons

Of lately, they are doing mass hiring, they plan to onboard at least 4k people as per their HRs, as per them it is due to they wanted to remove their dependency on contractors, I was offered a really good pay, but the truth is they don't have work. Most of the work is third grade, that they want to hide behind domain knowledge. You will be just doing production support in most projects.. Also before joining I heard of their hire and fire policy, well it has been one month here and I can say it is very much true.. each year they are short of budget, each year their policies change, sometime they want contractors , sometime they want permanent..If a projects does not have budget, they will just fire you, they won't even consider moving you to another department, even when there is opening out there..HR is almost non existant here.. Technology is very outdated, at the time of recruiting, they tell about clouds, mongoDbs, block chain, etc but all these are just there marketing strategies..I have also heard they have this habit of removing the whole team for cost cutting, like in my project there is no testing team, same thing they plan to do with L1 support team, they want these tasks to be handled by dev teams, so that they can get away with support teams as well and reduce cost.. Moreover employees are almost treated as cattle, literally resources, there are no benefits apart from your salary. In short, join only if you really don't have a choice

1.0
Jan 16, 2018
Recommend
CEO approval
Business Outlook

Pros

Suitable for Low IQ people who can't face market competition. Old managers don't allow the talent to grow, in order to save their job. Their salary is in multiple figures. But the lowest hierarchy gets penny. Biased leadership. Less promotion scope. Good for YES people, who can butter their managers. No area for growth. Managers are incompetent and outdated. They will show you lollypops and get the extract the work. Infrastructure is very bad. Overcrowded work place, canteen, lifts. Managers will not allow you to switch to other department. They are politicians.

Cons

Good for dumb and low IQ people who fear competition.

Viewing 1 - 3 of 28,219 Reviews

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