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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,298 total reviews)
      avatar

      Georges Elhedery

      69% approve of CEO

      65% positive business outlook

      Ratings by demographic groups

      HSBC has an employee rating of 3.8 out of 5 stars, based on 28,298 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
      4.0
      Jan 10, 2009

      HSBC follows other finanical services companies as they continue to trim jobs to focus on the bottomline.

      human resources manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      At the time I worked their HSBC paid people well for a job well done. I also thought that the recent focus on employee engagement was the approach, and focused efforts not only production but also on the welfare of employees, which are the most important asset. There was also a great group of people to work with.

      Cons

      The new performance management system focuses on attaining a normative distribution and the focus is more on meeting the numbers of the distribution curve than the actual performance of the employee. It also seems that the real focus on on taking away the great bonuses and merit increases. It is called pay for performance but it seems to be don't pay for good performance.

      2.0
      Jan 9, 2009

      HSBC, a resume builder

      Senior vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      If one is looking for an international company with potential opportunities overseas,HSBC is a good possible employer in upper level positions. HSBC does do a very good job at exposing their management group to a variety of training in groups of fellow employees from around the world. This enables an executive to gain great exposure to a diverse perspective and gain some valuable networking connections. HSBC has a very competitive compensation package and is a fairly good work life balance company.

      Cons

      Senior Management is not forthright. This place has a terrible culture. They have never been able to integrate the Household and Beneficial companies into one culture. One must remember that if you are not Brit you will never run this Bank even in the US. HSBC is presently in a no growth mode.

      2.0
      Nov 5, 2008

      OK place to be, but there are better places to grow your career

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good work / life balance and benefits. The people are down to earth and generally approachable. People below management level will, for the most part communicate openly and honestly with you. I have found my direct management very accomodating to my personal needs. I rarely have to put any time in on weekends. There are some talented individuals, but management has not found the glue to put it together.

      Cons

      Lack of senior management communication and leadership qualities. Communication from local senior management is weak and infrequent. The troops are not inspired and have not been since the day I arrived. HR is disorganized and unresponsive

      Viewing 622 - 624 of 28,298 Reviews
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      Glassdoor has 36,719 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.