HSBC GLT

www.hsbcsoftwaredevelopment.com

HSBC GLT Reviews

Updated January 7, 2015
Updated January 7, 2015
312 Reviews
3.4
312 Reviews
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HSBC GLT CEO and Head of Global Technology Centers Richard Farrand
Richard Farrand
86 Ratings

Review Highlights

Pros
  • Work-life balance is completely dependent on department you work for (in 98 reviews)

  • Good work culture ,Nice work life balance , Cool atmosphere (in 30 reviews)


Cons
  • Only if you want to have a good work life balance (in 8 reviews)

  • Promotions and onsite opportunities are very rare (in 13 reviews)

More Highlights

17 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    This Company Sucks

    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC GLT

    Pros

    No Pros this company is there to suck blood out of employees

    Cons

    No leaves... No Growth.... low salary

    Advice to ManagementAdvice

    The entire management should be kicked out

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Good Place to work .. Not for Freshers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Pune (India)
    Current Employee - Software Engineer in Pune (India)

    I have been working at HSBC GLT

    Pros

    Hikes and Pays along with the work life balence if you are in senior post

    Cons

    Worst from all other point of views...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Avoid if pursuing a technical career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant Specialist in Curitiba (Brazil)
    Former Employee - Senior Consultant Specialist in Curitiba (Brazil)

    I worked at HSBC GLT full-time

    Pros

    Stability is a big plus, so if you negotiate a very good salary when joining you will be able to keep a somewhat reasonable standard during the time you're there. If you get lucky, you can also be chosen for a couple travels abroad. Colleagues are overall helpful as well.

    Cons

    Where to start? First of all, the office is located next to the one of the most dangerous slums in the city and there is no parking space for everybody, so the majority of people has to either pay for a very expensive parking space or resort to taking the company buses during rush hours which is something far from ideal. HR keeps on pushing the idea of using "greener" commutes which is made impossible for the complete lack of public safety in the office region.

    Salary is not very good as well, the deal here is that you will be doing banking work but definitely won't be earning banking salaries, which is something that eventually gets to you. If that wasn't enough, there are a lot of undercover agreements between HR and other companies effectively helping to hold salaries down. Management bonuses are also separated from non-management, where individual contributor bonuses are tied to multipliers and management bonuses are open value, which is a shady practice to follow and only helps to reinforce the fact that the management career is overly promoted and treated like a higher caste, where all members are somehow better than everyone doing actual tech work. This leads to everyone trying to become a manager even when the ability to manage is completely absent from the person. In fact, they insist on calling all managers as "leaders", where the vast majority of them are nothing more that timesheet approvers, given that most actual management is performed by project managers abroad. This however works fine given that most managers posing as "leaders" have no idea of what their teams actually do, having sometimes little to no technical background in technology.

    This all results in little to no value being perceived in a technical career path in what's supposedly a tech company. Being a hard-working technical-focused person will only net you more work, most of it coming from the share that other team members can't do. It's not unknown for people to be called upon to help with other projects to help the company to "save face" and earn nothing concrete for that in terms of recognition. Thanks to the little value given to the technical career, more and more the company is filled with people hired only because they where the only ones willing to accept working in a dangerous location for low salaries. Another frustration is that underperformers are rarely penalized and get reallocated to other projects until they decided to leave on their own, which is not a common occurrence.

    Infrastructure is also outdated and tied to the morose process natural to large organisations. It's hard to get anything that deviates from the "standard", be it higher access levels, new software or new hardware. Unfortunately the "standard" adopted is equivalent of a non-tech business branch user, resulting in an environment that is completely frustrating for any developer. The software used for application development is incredibly bloated (being all based on IBM WebSphere technologies) and the hardware available for developers is much below the requirements usually listed for such kind of development.

    Finally there is the issue of cost-cutting. HSBC as a whole is focused on cost cutting and its technology centers are definitely not free from it. It's used an excuse for everything, from simple things like not increasing someone's mailbox size to shoving people onto coach when travelling to work abroad. Needless to say it's also used an excuse to refrain from giving raises and promoting people.

    Advice to ManagementAdvice

    Management should stop wasting money with things as parties and other meaningless events and invest the money onto their most valuable asset: high-performing technical people. They should stop treating anyone who is not from management as a replaceable Lego piece and unworthy of importance when taking any important decisions, which creates a "us vs them" culture among engaged and technically capable people. They should refrain from trying to retain people through shady HR deals and offer proper incentives instead, like good salaries and better bonuses. Promotions should be given to people who really deserve; for years promotions were given mostly based on how well connected people were and for how long people were with the company, which resulted in people with junior or mid-level skills occupying higher positions in the hierarchy, creating situations where junior people outperform so-called specialists. Also management should look seriously onto moving the company offices to a better location for there are dozens of new office buildings downtown which offers a much better living standard for all employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    A company for OLD folks who could just sit and think how to make more money for themselves!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer
    Current Employee - Senior Software Engineer

    I have been working at HSBC GLT full-time (more than 5 years)

    Pros

    Just work at 1% of your overall capability and you'll get 9 to 10% hike easily. Make a trusted 'best' slave of your manager and maybe you can get 15-17% easily.

    Cons

    Many. Let me list them -
    1. No onsite for new joinees for upto 3-4 years of your joining the company. (1-2 years if you are a lady and your first and true love is your manager.)
    2. Now let's say you slogged for 3-4 years and bingo after every one from your team has visited onsite, you got this BIG Opportunity. You will only be sent for 3 or max 6 months.
    3. This is the sad part, even though you get an onsite they will pay you 20 pounds daily (bare minimum to help you survive in London!) Gone are your plans of having your own home back here in India. Stay homeless on the streets. They really don't care!
    4. Ok, you are making accusations or cribbing about the fact that "How can you make big in the company", congratulations you are fired!!!
    5. "Do something new, learn new tech!" Well management won't promote this thinking, Thinking you would leave the company!
    6. MAPS by Sapience. This is a work hours monitoring tool and I guess everybody knows what the tool might be doing. So 'They' now have a point how to not give you rating!

    Many more but I am tired now!

    Advice to ManagementAdvice

    Will they really care?

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Experience at HSBC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC GLT

    Pros

    Easy work
    Easy work culture
    Easy managers if you get along
    Smooth going life
    Less tension

    Cons

    No growth
    Lesser innovative stuff
    No appreciation
    No challenges
    no scope for growth

  7. 1 person found this helpful  

    A fake equal opportunity employer, partial to favorates

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant Specialist in Hyderābād (India)
    Current Employee - Consultant Specialist in Hyderābād (India)

    I have been working at HSBC GLT full-time (more than 8 years)

    Pros

    Time pass culture, tea shops near by, no real intellectual task.

    Cons

    Managers love only girls, they hire girls, they promote girls, really dumb girls, if you want to go to onsite, be a girl, get a boyfriend, husband at onsite and just fly. Give any professional reason you are doomed. Terrible biased working culture, this is across projects not a particular one. Talk about technology, they have nothing which could give you an edge in market. Stay away from HSBC guys.

    Advice to ManagementAdvice

    They won't listen to anything, no point saying nothing.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Worst experience ever

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Pune (India)
    Former Employee - Software Engineer in Pune (India)

    I worked at HSBC GLT full-time (more than a year)

    Pros

    work environment is good and nothing else

    Cons

    Please dont work with Middle east department. All South Indians follow racism here. your work is not identified and undue advantage is taken. All u need here is favourism and you will be screwed in name of performance for not doing something innovative.

    Advice to ManagementAdvice

    Management sucks and no onsite opportunites and very less growth and increments.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    experience good and bad both

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Leader in Kuala Lumpur (Malaysia)
    Former Employee - Team Leader in Kuala Lumpur (Malaysia)

    I worked at HSBC GLT full-time (more than 5 years)

    Pros

    Flexibility, work-life balance, sports and activities

    Cons

    Bad politics, favoritism, blame games

    Advice to ManagementAdvice

    I would advice, change the way the middle management is functioning. Strengthen the support to junior level workers, through HR forums or Senior management forums. Initiate a employ grievance system and find out the best solution to avoid such kind of bulling management. The reputation of GLT is getting worst day by day. The days are gone, when deserving people were appreciated for their work.

    Doesn't Recommend
    Neutral Outlook
  10.  

    stay in organization not more than for 3 years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Leader in Pune (India)
    Former Employee - Team Leader in Pune (India)

    I worked at HSBC GLT full-time (more than 8 years)

    Pros

    Good learning curve till you are a SSE or TL

    Cons

    High level of politics when you grow

    Advice to ManagementAdvice

    Management needs to open their eyes

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Rampant Politics, Bad Policies, No Growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC GLT

    Pros

    Stable Job, Work life Balance

    Cons

    No Growth opportunity, Bad Managers / Leaders. No firm policies

    Advice to ManagementAdvice

    Decide one direction & work towards that,

    Doesn't Recommend
    Negative Outlook

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