HSBC reviews

3.8

72% would recommend to a friend

(28,245 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 28,245 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
2.0
Jan 9, 2013
Recommend
CEO approval
Business Outlook

Pros

Good to have on your CV

Cons

No regular pay reviews - a frozen salary for over 5 years is not uncommon Extremeley bureaucratic Out of date technology and systems HR department is completely invisible

1.0
Dec 12, 2012

Boring and dissatisfying

Recommend
CEO approval
Business Outlook

Pros

Nothing apart from the faint and I mean really faint satisfaction that you work for 3rd biggest bank in the world.

Cons

Its baffling how the management does not value your education the post they provide for freshers is the same CSE you may be a 12th, b.tech or MBA or even a CFA perusing professional or even an experienced professional who worked in the same call center industry his entire professional life. In the end very dissatisfying. Join if you want to pass away your time, get some pocket money or wait for better opportunities.

2.0
May 21, 2012
Recommend
CEO approval
Business Outlook

Pros

When I worked hard and made extra efforts I was compensated for it (bonuses, raises)...but never promoted. It's the luck of the draw though - depending on who your direct managers & supervisors are (see Cons below).

Cons

Well the main con is that they're laying off like crazy right now and probably won't be in Buffalo past 2013. They got rid of 1500-2000 with the Capital One sale (this includes other sites around the country). And in the past two weeks about 200-500 more HSBC Buffalo employees have been laid off. I wouldn't be surprised if hundreds if not thousands more will be laid off by the end of this year due to the sale of the branches to First Niagara last weekend. On to other cons...HSBC likes to move uneducated management around within the company - managers from one dept to another who have no clue about their new dept. and also promote people who have no college and/or don't have enough experience of the job. Why do they do this? Because then they don't have to pay what the job is worth, because that would require hiring someone with a degree and/or previous management experience in that field who would require a lot more money. When management doesn't have a clue about the job, it trickles down and makes everyone's lives miserable. (see 'Advice to Management' for a continuation of this). This is Buffalo I'm talking about, maybe it's different in NYC...

Viewing 217 - 219 of 28,245 Reviews

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