HSBC reviews

3.8

72% would recommend to a friend

(28,238 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 28,238 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
Mar 24, 2015
Recommend
CEO approval
Business Outlook

Pros

uses vanguard for 401K, benefits begin in 1 month.

Cons

Systems (DOS - Based from the 90's), limited or no mouse control, the company has no money and employees feel the cuts. Systems do not sync with each other, and will waste a lot of your time copying and pasting information between different systems. Tech support is outsourced to India. And they generally give you a bad attitude when you call or for anything out of the ordinary. The systems will give you issues randomly, resulting in a call to tech support. This will take you about 1hr to 2 days to resolve. Management - VERY VERY micromanaged. Managers 2 levels above you will give you pressure. Everyday is a numbers game. My manager would throw numbers at you in the morning, ask how far along you are before you leave for lunch, then again before you leave. a Huge waste of time, and makes all employees miserable. Managers will blatantly tell you to disregard policy and procedure. The employee is then left in a tough situation. I once called banker support to see what they had to say about breaking this policy due to manager/branch discretion. They spoke to the manager and she flat out lied and sounded like she was borderline about to throw me under the bus. Impossible to deal with things like this.

2.0
Feb 18, 2015

Quite laid back

Recommend
CEO approval
Business Outlook

Pros

Generally the people are quite nice and laid back. It is beneficial especially if you need to complete a qualification such as ACA, CFA or part-time masters.

Cons

Things are run pretty inefficiently there and the pay is almost always below the industry's average... They keep pushing for this flat and transparent hierachy, which ultimately means no promotion until you are almost retired. If you have the luck of working in the headquarter, unless a) you work in one of the 3 trading floors and b) you come to work during those god forbidden hours (very early in the morning, very late at night or weekends), fighting for the lift can be quite a nausea experience. In some departments, you will find these obscenely well-paid contractors who don't add much value.

Viewing 193 - 195 of 28,238 Reviews

Glassdoor has 36,641 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.