HSBC reviews

3.8

72% would recommend to a friend

(28,269 total reviews)
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Georges Elhedery

68% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,269 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
3.0
Aug 24, 2020
Recommend
CEO approval
Business Outlook

Pros

OK Salary, OK Benefits, Lots of internal opportunity

Cons

Real lack of insight in the leadership team for how to build and maintain a high performing team. Corporate lack of willingness to do the right thing, unless it directly generates revenue. No loyalty to employees. Company is at the mercy of a string of horrible business strategies from the global holding company over the past few years.

1.0
Jul 12, 2020
Recommend
CEO approval
Business Outlook

Pros

4000 HKD medical benefits included.

Cons

Very poor management inside the company. Case: Restructuring every half a year, resulting in a very high turnover rate within the team. The company infamously fired up to several hundred contract staff in a single day when HSBC escaped from the Money Laundering punishment. Politics are everywhere within the office. Some teams would make your job way harder and would not cooperate at all, just because they hate the big boss on your team. This was particular true for me with a very hot-headed team head. Seniors did not respect juniors and did not admit to their own wrong doings. Case: Taught some investigation skills on Day 1 and pointed out the exact methods were wrong on Day 2. The manager also verbally abused me on my age and my working experience. They did so because HSBC officially cannot fire an employee unless they make a serious misbehavior or mistake, so they were trying to set me up. Very poor HR. Case: HR did not confirm my new position after I arrived the office for 2 months. I also waited for 1 month for my laptop delivery to literally start working. The HR eventually got fired. Another HR even lured me into joining the exact same team again after I left HSBC, meaning they didn't even look at my previous files. Discrimination inside the office exists. A lot of teams consist of a full team of female employees, while other teams will try to have a male team head and several female managers on his command. This left very little room for male starters to climb up the cooperate ladder. Hard work came second and attraction came first. Case: One time the female COO came by the team with a box of fruit cakes. She passed to one of my female colleagues and told her "Share among yourselves, but only for girls." I was so shocked that it happened in a company like HSBC which were told to have such noble values.

1.0
Jul 3, 2020

do not touch

Recommend
CEO approval
Business Outlook

Pros

great colleagues and fellow staff

Cons

management is killing the bank and favouritism

Viewing 340 - 342 of 28,269 Reviews

Glassdoor has 36,683 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.