HSBC reviews

3.8

72% would recommend to a friend

(28,246 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 28,246 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
Dec 15, 2010
Recommend
CEO approval
Business Outlook

Pros

Easy working hours, iconic offices.

Cons

Factory of temps. No training given, no basic induction, fire training, health & safety, no basic information on the company. People coming and going at a moment's notice, no continuity, projects left half-finished, teams changing constantly. Esp bad in compliance, failing on almost all FSA Handbook areas. Minimal staffing budget from board.

1.0
Sep 15, 2010
Recommend
CEO approval
Business Outlook

Pros

Work Life Balane for Sure.. Less work pressure ...

Cons

Not technically good projects. Hampers growth. Poor technology. HSBC have ther own framework and hence not good for open market. You will end uplearning somehing tha will not be used elsewhwere in Industry. ( specially for Java ). Do not join if you are technocrat.

4.0
Aug 10, 2010
Recommend
CEO approval
Business Outlook

Pros

Competitive pay, satisfactory benefits package Attainable and reasonable sales goals "Laissez Faire" sales environment Universally recognized banking brand International focus The salary for an HSBC BRB is higher (on average) than the same position at a competing bank, but the incentive pay is lower. Sales goals are appropriate and achievable for talented BRB's: HSBC is not a widget-based bank; they are focused on quality, not quantity. Instead of 5 checking accounts per day like some of the competing domestic banks require of their salespeople, HSBC wants its sales force focusing on cross-selling insurance, investments and credit products to its existing affluent client base and prospecting for commercial accounts. Management is not constantly breathing down your neck nor are they micromanaging (as long as you are proactive and are hitting your monthly numbers). They also encourage (and technically, mandate) self-written insurance and investments where other banks are stripping their employees of this responsibility and placing the burden entirely on the Financial Advisor. An unlicensed personal banker is a mere order taker, and serves little purpose to their branch, short of account opening, service and maintenance. An HSBC BRB truly has the opportunity to present his or her clients with a holistic banking proposition: checking, savings, credit, insurance and investments all with a global banking platform.

Cons

Ridiculously stifling compliance culture "Not my job" attitude across many departments Constantly changing procedures Laughably overpaid managers Too many "Vice-Presidents" Outdated computer systems Conflicting answers/directives from the same departments No good deed goes unpunished It's all right there.

Viewing 229 - 231 of 28,246 Reviews

Glassdoor has 36,649 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.