HSBC reviews

3.8

72% would recommend to a friend

(28,234 total reviews)
avatar

Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,234 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 11, 2018
Recommend
CEO approval
Business Outlook

Pros

Paycheck - thatbis the absolute only pro! The place is a dinosaur and we all know what happened to the dinosaurs - they became extinct

Cons

They tout courageous integrity but when you act withbit you are peanilized. The UK tries to run the US like a UK business - guess what??? Doesn’t work. A lot of silos, nobody wants to do anything and those that do are dumped on and get written up. If the manager likes you regardless if you are incompetent you keep your job. If management feels threatened rather than face and fix the problem they look to fire you. R U N.... don’t walk away from here

3.0
Dec 14, 2017
Recommend
CEO approval
Business Outlook

Pros

The people! It is a very diverse, multicultural and multinational environment. You do most of your interaction via video and audio conferences (at least in IT) and you often have no idea which city some of the people on calls are in - could be India, US, Switzerland, China, you name it. You need to grow your network and get your name known for good positive work. This will help you get good feedback and increase your performance review. People listen to anyone with good, strong and sound ideas. Given the size of the organisation, not a lot of emphasis is placed on seniority, and you can quite happily engage with people several bands above and below you. Just learn to treat everyone with dignity and respect, be brilliant at what you do, and you can make a name for yourself!

Cons

You are not likely to get promoted unless you are very junior. The career bands are very protected and you have to be exceptional to get moved from GCB5 to 4, and a god to move from a GCB4 - 3! Bonuses and pay remuneration of late have been quite suppressed, especially if you are a 40% tax payer already. I had no pay rise for 3 years running with a "strong" rating. If you are an average employee (70% of the population), you will get a "strong" rating. "Strong" is just average - thats it. No matter how clever you are or how hard you work, it is very hard to get recognised as "top", unless you are well connected and spend more time influencing than working. I have found this quite unfair, as the people recognised are generally the loudest rather than the best. With interest rates already going up a quarter point and set to rise again, the remuneration and bonus situation could change.

1.0
Aug 31, 2017

Worst

Recommend
CEO approval
Business Outlook

Pros

Nothing as such. No prons till date I worked.

Cons

Worst ever management..specially Product control team manager's. They need puppets who should must know how to luck their feets not hard working employees. Moreover if someone refuse doing buttering he is forced to resign as well.

Viewing 154 - 156 of 28,234 Reviews

Glassdoor has 36,635 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.