HSBC reviews

3.8

72% would recommend to a friend

(28,233 total reviews)
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Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,233 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
Jul 26, 2020
Recommend
CEO approval
Business Outlook

Pros

- Work life balance - Good brand value

Cons

- Discrimination against outsiders - More use of local language at office rather than English - cannot trust management, will lie to you - bad politics - slow promotion, and promotions don't necessarily mean Big growth in salary - you would expect it's a big company with lot of revenue but management will always cut corners and save money at your cost, your salary will not be corrected if it is below your market rate or if it is below the benchmark in your team. - Misleading job offers, they can change your team or your work or your shift after you join. They can change your position after you join. This is cheating as we join a company after careful consideration of other alternatives. They will use every loophole in the game to do that. Position and team can be inconsistent in your payslip just so that they don't have to give you salary correction. If you are a non Bengali outsider, do not make the decision of joining this company. Try other cosmopolitan cities.

2.0
Feb 25, 2020
Recommend
CEO approval
Business Outlook

Pros

Starting salary, decent health benefits

Cons

Too many to list but here are some 1. Wells Fargo pre law suit sales practices (super shady) 2. No work life balance, they’ll have you work 6 days a week without overtime pay and cut your hours or have you take longer lunches (which is illegal) they’ll have you manipulate your timesheet to not show overtime even when you work overtime 3. The system is ancient, takes 2 hours to open up an account. Make you ask the customers questions that no other banks ask and a lot of customers feel like they’re being accused of wrong doing. Also, you have to use like 4-5 different applications to get one thing done 4. Bad leadership and definitely headed in the wrong direction 5. No opportunity to grow and the turnover rate is so high they start you at a decent salary because they can’t keep employees. 6. You never know when you will be laid off because the US operation is actually losing money and not bringing the company profits. They’ve shut down quiet few locations. 7. They promise you $8k-12k in bonuses. Don’t fall for that it’s not true Finally, the laid a bunch of us off today after hiring us in November, that’s 4 months after being hired. They pulled us into the office and told us we have 90 days to find another job. If that’s not enough for you to run away, then I wish you the best of luck!

1.0
Jan 17, 2020
Recommend
CEO approval
Business Outlook

Pros

They pay well and the benefits are good. That’s the only reason people stay

Cons

No strategy, no customer focus, hideous leadership team full of clueless non digital natives. Everyone is backstabbing. Major politics. CULTURE IS TOXIC

Viewing 127 - 129 of 28,233 Reviews

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