HSBC reviews

3.9

72% would recommend to a friend

(28,224 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 28,224 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
Sep 23, 2008
Recommend
CEO approval
Business Outlook

Pros

HSBC is constantly striving to be a leader for both the customers and the employees. I feel the pay is above average compared to similar jobs in the area as well the benefits that HSBC offers are second to none.

Cons

With the economy the way it is now there are many changes taking place. The upper management isn't communicating with the employees if the changes are going to affect them and how. This is leading to speculation that the site is going to close as did one of the other sites recently.

4.0
Aug 22, 2008
Recommend
CEO approval
Business Outlook

Pros

The people, atmoshphere and benefits are great! They really take good care of their employees and the people that that work within HSBC really care about one another. These two items together create a great atmosphere to work in across the comapny. At times even though it is a large worldwide company it has the feel of a small interlocked company. This has benefited all the employees by working together towards common goals. The most encouraging thing in the company is that all work together to navigate the challenges the economy has to throw our way. In recent years this has been a lot from the economy.

Cons

Due to the challenging ecomony we live in right now it makes for some very challenging times in the company. This has provided impacts at several levels. Downsizing and cutbacks, but who has not felt those recently. Change in company starategy that was forced upon us by the economy not by the true direction the company was looking to head. With that said is has limited the communication from certailn levels down across the organzation. this limited communication modle has helped contribute to lowered morale in the company. It may be a sign of the times we live in, but the result is not well aceppeted by the majority of the employees.

4.0
Aug 20, 2008
Recommend
CEO approval
Business Outlook

Pros

One of the best reasons to work for this company is mobility. HSBC is a global company that makes it a priority to encourage pursuit of a wide variety of opportunities in many different locations and disciplines. Therefore, a lot of the employees stay with this company for many years due to the opportunity to keep things fresh by trying different things within the company thus creating a more well rounded employee.

Cons

The downside of working for HSBC is the current market conditions as the majority of HSBC's North American operation deals with subprime lending which obviously is a risky area to be in right now. Also, the talent and leadership of Senior Management can be more consistent.

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Glassdoor has 36,621 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.