HSBC Holdings Reviews

Updated August 26, 2015
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3.0
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HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
95 Ratings

Pros
  • Flexible time with work/life balance (in 117 reviews)

  • flexible working, able to work from home once if not twice a week (in 25 reviews)

Cons
  • No work/life balance in phone positions (in 37 reviews)

  • senior management don't seem to care too much about those who actually do the work (in 50 reviews)

More Pros and Cons

1,155 Employee Reviews

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  1. Too Much Turnover

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I have been working at HSBC Holdings full-time

    Pros

    Great individuals on team, cafeteria, parking, work from home (optional)

    Cons

    The management is terrible, tons of turn over at Management and Staff level, No room to grow

    Advice to Management

    Learn to value the people on your team


  2. Meh

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings full-time

    Pros

    Opportunities for progression, fast growth, possibilities for international career and the occassional good person to learn from

    Cons

    The bank is hierarchical at all levels which is hard for new joiners. Also slow and overly process driven stifles innovation


  3. premier relationship officer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Premier Relationship Officer in Coral Gables, FL
    Current Employee - Premier Relationship Officer in Coral Gables, FL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time (More than a year)

    Pros

    The upper management is open to ideas and willing to listen.

    Cons

    too many changes and too many systems that are old


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  5. Helpful (3)

    HSBC New York City headquarters, Vice President

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good firm to begin career in finance at NY City location. Several opportunities to move around the firm offer options to learn industry for newbies.

    Cons

    Not a good firm for extended career growth. Poor management due largely to high staff turnover and poor ( non-existent) salary increases. No written policy explaining bonus structure, and very poor health benefits and work/life balance.

    Advice to Management

    Management should ensure that new management hires have requisite skills, instead of hiring cheapest job candidates. Both staffing and systems infrastructure need massive investment by the firm. HSBC in the U.S. is literally decades behind competitors with regard to systems. Both staff and customers feel the pain. This explains Consumer Reports last place ranking of HSBC in customer service.


  6. Helpful (1)

    Experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings full-time

    Pros

    Working for a large international organization and the ability to work on several large projects and testing new controls

    Cons

    disorganized among upper management. solicited suggestions about the role but management was unwilling to take into consideration the suggestions

    Advice to Management

    management would benefit from working as a team along with staff and other departments. provided more notice to staff of policy and role changes. offer time to adjust to new roles before upcoming reviews


  7. Good to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior .NET Developer/Team Lead in New York, NY
    Current Employee - Senior .NET Developer/Team Lead in New York, NY
    Recommends
    Positive Outlook

    Pros

    good Work life balance most of time

    Cons

    outdated technologies, No new learning opertunities


  8. Compliance

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

    Pros

    Good benefits...Like my job...casual atmosphere

    Cons

    Not much opportunities for advancement


  9. Customer Experience Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Experience Associate in New York, NY
    Current Employee - Customer Experience Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    There are pros to working for HSBC, great people, decent pay and a pretty generous paid time off package.

    Cons

    No bonus package, no overtime, terrible payout package for sales.

    Advice to Management

    Management is usually fair and caring. If you get a good manager.


  10. back office

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings full-time

    Pros

    work life balance, good culture, friendly colleague

    Cons

    low pay, not competitive in US market, slow to change


  11. Senior Technical Project Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Technical Project Manager in Brooklyn, NY
    Current Employee - Senior Technical Project Manager in Brooklyn, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time (More than 10 years)

    Pros

    Large company with many benefits. Exposure to many different parts of financial business. International opportunities are available if willing to relocate.

    Cons

    Very small footprint in Americas that it is just getting smaller every day.



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