HSBC reviews

3.8

72% would recommend to a friend

(28,244 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 28,244 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
Feb 20, 2014
Recommend
CEO approval
Business Outlook

Pros

- Outstanding benefits: Very competitive salaries, significant 401k matching, BlueCross/BlueSheild insurance plans, MetLife Dental, ability to work from home (so you never have to burn a sick day), terrific amount of vacation days a year. - CORE Leave: You MUST take 10 consecutive business days off a year. Some firms won't even allow you to do this, but here it is a requirement! - Relatively easy to make lateral moves. You can apply for new positions internally after a year at your current post, or earlier if you have managerial approval.

Cons

- Senior management must not be getting very competitive bonuses, because they are always in and out within a year. - Poor communication between senior management and Group executives in the UK, which result in sudden, "important" projects with EXTREMELY tight deadlines. Constantly. - Who still uses Lotus Notes instead of Outlook? This bank does. - Poor, poor "training." Usually required a few times a year. Wastes of time. - The bank is undergoing some big changes due to the recent AML fines, so there is a lot of cloak and dagger talks with senior management constantly filing in and out of various meetings.

3.0
Nov 17, 2013

Hit or miss depending on department or team.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Safe company in tough times, despite what seems regular cut backs. Funding for staff development has not been cut back. Lots of opportunities as such a huge employer, just need to find the right area for you (something I have not achieved thus far). Generally a good overall culture.

Cons

Very bad management in many areas. Development plans are encouraged within team, but then very rarely lead to promotion. Salary below market rate on average across group. Expenses constantly cut back for Shareholders and profits, but nothing seems to be re-invested in company. End of year rating system with set benchmarks for each grade is flawed.

1.0
Nov 7, 2013

Worst experience ever

Recommend
CEO approval
Business Outlook

Pros

work environment is good and nothing else

Cons

Please dont work with Middle east department. All South Indians follow racism here. your work is not identified and undue advantage is taken. All u need here is favourism and you will be screwed in name of performance for not doing something innovative.

Viewing 208 - 210 of 28,244 Reviews

Glassdoor has 36,648 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.