HSBC reviews

3.9

72% would recommend to a friend

(28,226 total reviews)
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Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.9 out of 5 stars, based on 28,226 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
3.0
Oct 26, 2017
Recommend
CEO approval
Business Outlook

Pros

Great benefits package. Midtown office location.

Cons

Near constant reorganizations. Staff reductions at the lowest level. Disconnected executive management from day to day activities. Excessive reliance on under trained outsourced staff. Productivity as a result is severely affected.

1.0
Jan 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Staff bond against oppressive management. No other pros as the company is truly awful to work for. See cons for more detai.

Cons

Unrealistic workload expectations, staff treated like cattle, expected to have no life outside of HSBC, bad attitude from senior management which filters down to subordinates, no drive to update technologies, painfully manual tasks, outdated systems, staff are expected to complete mandatory overtime (average of 5 hour a week) plus weekend working.

1.0
Aug 8, 2016
Recommend
CEO approval
Business Outlook

Pros

There are some very nice, honest, hardworking and moral people who I have had the pleasure of becoming friends with. Work experience counted for something as I have now been able to move on. HSBC does pay decent and the bonuses are ok, however I understand that this is likely going to change in the near future.

Cons

Where can I start with HSBC? It is a very large, slow, short-sighted global bank that will most likely be the worst place I have ever worked. I spent 5 years there in 3 different positions, so I got a feel for multiple departments. At every turn there are incompetent, mean and disrespectful managers who continue to get promotions. These are often the suck-ups or the relatives of HSBC C-level execs or high value clients. I can think of one key example of this, a manager I used to have. This was a woman who types with two fingers, wears low cut shirts and cannot understand the most basic of processes. She has prevented her own staff from promotions and new roles because she is too lazy to rehire. She effectively shut down 20% of the team at HSBC Canada and now works in HR. She clearly favours promoting men over women. She "works from home" all the time when we all knew she was just dropping off and picking up her daughter from school This is just one small example of the nepotism and futility at this company. As an employee, goals were unrealistic and there was extreme pressure day to day. The convoluted, every changing corporate structure made it nearly impossible to be effective in your job. Things changed constantly, and often half-baked. Departments were merged and un-merged. Local structures became global overnight, with many people reporting to managers in remote locations and forced to take 3am "team" conference calls. My advice would be to run away from any job offer at HSBC. This is a sinking giant in an outdated industry. They only got e-mail transfer payments in 2015 for godsake! The pay and bonuses are not worth the stress on yourself, your family and your health. This is not a place I was proud to work at ever, and I'm glad I'm gone.

Viewing 22 - 24 of 28,226 Reviews

Glassdoor has 36,623 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.