HSBC Holdings

www.hsbc.com
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HSBC Holdings Reviews

Updated March 4, 2015
Updated March 4, 2015
337 Reviews
3.0
337 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
337 Ratings

Review Highlights

Pros
  • Work-life balance gets much better starting second year when you are more adapted (in 117 reviews)

  • Work from home is always a plus, but you can't always do so (in 25 reviews)


Cons
  • Terrible work life balance for a great deal of the employees (in 37 reviews)

  • Lots of senior management changes and their dedication in investing US is not clear (in 50 reviews)

More Highlights

337 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Alright experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings

    Pros

    work life balance is great, not many promotions

    Cons

    office culture says supports young talent but really no help

  2.  

    Standard enterprise work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Technician in Schaumburg, IL
    Former Employee - Systems Technician in Schaumburg, IL

    I worked at HSBC Holdings

    Pros

    The benefits coverage is better than average.

    Cons

    The macro environment was focused too much on a "Global" mentality. I understand HSBC has a very large footprint worldwide, however, the local individual development and growth opportunities were rapidly shrinking.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Financial Advisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    Large international footprint
    Broad investment product mix

    Cons

    Need to update computer systems
    Management has a tendency to micro manage

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Good people, outdated systems, bureaucratic environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Global Markets in New York, NY
    Current Employee - Associate, Global Markets in New York, NY

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

    Pros

    Low ego environment, meritocratic, global network

    Cons

    Outdated systems, Lower pay than street

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Decent pay, but chaotic

    • 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 Holdings

    Pros

    Good start pay for this field

    Cons

    No work/life balance in phone positions

    Advice to ManagementAdvice

    Need to promote people with experience, instead of friends/ significant others

    No opinion of CEO
  7. 1 person found this helpful  

    Large bank with very little innovation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    They do not expect their employees to work as hard as other IB. The pace is more similar to a retail bank. If you are smart it is easy to shine. It is a global company, so you'll get exposed more to how other countries do business. They strive to put in global system and process, which has its cost and benefit.

    Cons

    They do not attract the best talent. Most senior positions are held by British, including many US positions. They have international managers whom they rotate in and out of different countries as senior managers they are generalist who often do not have the expertise of the position they fill. It is a place of who you know rather than what you know

    Advice to ManagementAdvice

    Pay attention to keeping the talent.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Productive and co-workers kept the day fun

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    The co-workers made it easy to work here

    Cons

    There was No real challenges working here

    Advice to ManagementAdvice

    Company no longer exist

  9.  

    Lack of structure, overall less than positive experience

    • 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 Holdings

    Pros

    good compensation;mostly friendly co-workers;great location

    Cons

    bad training, terrible management-the management really tears the whole program structure apart, bad at giving feedback

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    On a downhill run

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Unit Manager in Pomona, CA
    Former Employee - Unit Manager in Pomona, CA

    I worked at HSBC Holdings full-time (more than 10 years)

    Pros

    In the past, they had very good benefits and 401k and great vacation time...

    Cons

    BUT they are laying everyone off, so it doesn't matter anymore. At least in North America.

    Advice to ManagementAdvice

    Don't oursource

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Put your career in neutral

    • 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 Holdings

    Pros

    Really nice people, who aren't overly stressed out and realize that the minutiae details that most financial services companies flip out about, just aren't that important.

    Cons

    Management doesn't have a terribly clear direction. Terrible inefficiencies, and people lacking the ability to get things done.

    Advice to ManagementAdvice

    Inspire people to get hungry and work towards a goal

    Doesn't Recommend

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