HSBC reviews

3.8

72% would recommend to a friend

(28,285 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 28,285 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
1.0
Jan 21, 2016
Recommend
CEO approval
Business Outlook

Pros

The only Pro I can think of is they offer health insurance. The only problem is it takes up a big chunk of your pay.

Cons

If you work in the lower levels of the bank ,you might spend your days wondering if this is the day you get tapped on the shoulder. Do to cost cutting policies by upper management a lot of the work has been offshoredfor cheap labor. Quality doesn't matter as they've kept 5 people to fix the mistakes. Too much work and no overtime. Management invents reasons to not give you a raise/bonus. The newest way is behavior ratings. Don't forget to smile at your manager. If not you might get written up for a bad attitude. Direct managers tend to be petty and vindictive.

4.0
Jan 11, 2016

Pretty good, but not yet great.

Recommend
CEO approval
Business Outlook

Pros

Above average benefits, including vacation time, 401k, tuition reimbursement and health insurance. This is a global organization, so you could potentially be collaborating and connecting with peers across the globe. Very conducive for learning and absorbing global strategies. Pay is aligned with market and is often beyond market value for position. Telecommuting is encouraged.

Cons

The global organization is a double edged sword. The sheer size of this place often makes it difficult to get things done. There seems to be a never ending "transition" to move out of regional silos and into a more global structure. Easier said than done. The struggle is constant and wears on the employees trying to get things done. No one on the management team (or above) seem to have the answers. The Elmhurst, IL office is dismal, but a new office space is been constructed in Arlington Heights.

3.0
Dec 19, 2015

Its all about politics

Recommend
CEO approval
Business Outlook

Pros

- Good tools to work on . - Good Senior Leadership - Work Life Balance - Work from home.

Cons

Politics is heavy. Promotion opportunities are rare. Very less salary hikes

Viewing 493 - 495 of 28,285 Reviews

Glassdoor has 36,705 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.