HSBC reviews

3.9

72% would recommend to a friend

(28,230 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 28,230 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
2.0
Mar 25, 2011
Recommend
CEO approval
Business Outlook

Pros

Its a recognized name and looks good on the CV. The opportunities for renewal are good (I was a contractor). You can work there as long as you want (providing you are competent). The money is quite good but not the best to be had.

Cons

The place just has a really stuffy atmosphere. There is generally no impetus to get things done or go about self improvement amongst permanent employees. There is no common vision of delivering a good product on time and in budget amongst employees. I kind of get the feeling they think its a right to work there and that they can get money for just turning up to work without actually delivering anything. Its a pretty depressing atmosphere at 8 Canada Square and the air conditioning (or lack of a decent one thereof) tends to get people down. I personally have not worked at a place I found more depressing and generally soul destroying. This is a great shame.

1.0
May 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Flex WFH hence ppl very lazy. Good place to learn & move on to somewhere once upskilled.

Cons

I have been In & Out of this company 4 times - Joined in 2010 as a PM in FO. Bad leadership ppl like politics than actually work. Ppl are generally lazy and rely on contingent workers / vendors for work. staff Lack of ownership in general. Definitely need a revamp in leadership they are mostly incapable and not result driven but BS to get free pass. Too big too many useless ppl. Useful ppl were let go whilst bunch of useless ppl stay. Also some are disrespectful towards contractors treat them like slaves to do everything while they never deliver.

3.0
Apr 4, 2018
Recommend
CEO approval
Business Outlook

Pros

Time Off Program (TOP) - A VP starts with 25 days off. It increases every 5 or so years by a week too. Working from Home/Remote - HSBC has great flexibility to work from home. They encourage changing roles to learn other areas of the bank. Movements are not discouraged.

Cons

This place is chaos. It's very hard to make important changes at an intuition this large. In addition, since the parent company is in London, many of the Key Risk Indicators and standards are based on UK standards at the global level and do not account even for the way more stringent US regulatory requirements. If you stay here for a few years, you will be sure to be undervalued and underpaid. The only way to make more money is to work somewhere else. Pay increases are never substantial unless you move up a Global Band tier. Lateral movements do not consider additional responsibility, hours, etc. and are treated the same, so there is no pay increase if you move to VP role to another VP role, regardless of any of the aforementioned factors.

Viewing 28 - 30 of 28,230 Reviews

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