HSBC reviews

3.9

72% would recommend to a friend

(28,233 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 28,233 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
Dec 12, 2011
Recommend
CEO approval
Business Outlook

Pros

The company offers very competitive benefits and pay as compared with other simi;lar companies; their time off policy was very fair and flexiible.

Cons

Support was required 24/7 and the calls could be very frustrating. There were too many groups and communications were at times very poor. There were many interruptions during a work day and it was hard to get work done.

5.0
Dec 8, 2011
Recommend
CEO approval
Business Outlook

Pros

The bank will allow you to personally develop your skills sets as far as you want to go. It will support you in acquiring all the licenses and registrations that you need. It also has a decent tuition reimbursement program. My particular unit (24 Hour Execution Desk-Chicago) has an excellent desk manager and branch manager. I was treated as a professional and with respect. Insurance benefits weren't bad compared to other shops at which I have worked. I would return to that group in a heart beat (see below).

Cons

When you're receiving company wide e-mails from high ranking bank officers alluding to impending layoffs you should probably give them credence. They announced a 13% across the board head count reduction and I, along w/ one of my colleagues and the Co-Head of North American Futures Sales, were all "separated from the firm" in the same morning. When they want to cut fixed costs competency, a good work ethic, and loyalty didn't really mean much. They didn't offer us a chance to apply for positions in other units in the Chicago area. We have to go on to the company website and apply for those positions ourselves... just like outsiders.

3.0
Dec 4, 2011
Recommend
CEO approval
Business Outlook

Pros

Very global opportunities, supportive culture, comprehensive training program. Good platform for collaboration between different divisions. good internal mobility. nice people

Cons

Not very challenging. People might not be the most motivated, driven you have come across at other banks. however, everyone is very supportive of your progress.

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