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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,285 total reviews)
      avatar

      Georges Elhedery

      68% approve of CEO

      66% positive business outlook

      Ratings by demographic groups

      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
      2.0
      Nov 6, 2015

      Administration

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Decent time off after 10 years of service

      Cons

      repeated Reductions in Force while open positions go unfilled for months on end. Instead of promoting from within, outside people are hired and employees that want to move up get passed over.

      3.0
      Nov 5, 2015

      A real insight into Management thinking...

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Large institution going through restructuring. Good opportunities. If you can talk the talk and are technically incompetent, you will have a long and successful career esp if you have an american accent. Poor decision making is rewarded if you are well connected. An institution with tremendous untapped potential.

      Cons

      Strategy is domed to fail. Already undergoing the second restructuring as the first one failed. Colleagues are being let go instead of the senior people which is very hurtful. RWA reduction is being pursued aggressively which should have been done 5 yrs back. They should be expanding into India and USA instead of focusing all their energies into China. No doubt a third restructuring will be announced in 2 years as top line growth will remain challenging. The only constant will be the senior management. Pray the institutional investors and activists do the right thing. Share price reflects all this.

      1.0
      Oct 27, 2015

      Used to be great

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Ability for remote work, some flexibility in actual hours worked, excellent benefits

      Cons

      Management pays lip service but doesn't follow through; work/life balance is a joke when you are expected to attend conference calls with people on the other side of the globe with no consideration given to what time it is for you. Have consistently been praised for quality of work, but that is not reflected in salary increase or bonus - only in piles of work being added to my plate. So much bureaucracy you spend more time on governance/documentation than you do on your actual job responsibilities.

      Viewing 499 - 501 of 28,285 Reviews
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      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.