HSBC Holdings Reviews

Updated August 26, 2014
Updated August 26, 2014
957 Reviews

3.4
957 Reviews
Rating Trends

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

Review Highlights

Pros
  • The organizations offers decently fair work life balance and job security (in 114 reviews)

  • Work from home is always a plus, but you can't always do so (in 26 reviews)


Cons
  • Terrible work life balance for a great deal of the employees (in 34 reviews)

  • Lots of senior management changes and their dedication in investing US is not clear (in 49 reviews)

More Highlights

318 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    great company to work for in the long run

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

    I worked at HSBC Holdings full-time for more than a year

    Pros

    everything about the company was great

    Cons

    none that I can think of at the moment

    Advice to ManagementAdvice

    well done you should be proud

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Wholesale AE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Wholesale Account Executive
    Former Employee - Wholesale Account Executive

    I worked at HSBC Holdings full-time for more than 3 years

    Pros

    Great benefits, great people to work with, overall great experience.

    Cons

    Wish they had more of a foot print in the west coast. Lost job due to division being closed, and there were no other opportunities to transfer too. I would have love to stay with the company.

    Advice to ManagementAdvice

    None... Love the management.

    Recommends
    Approves of CEO
  3.  

    Great Company

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

    I worked at HSBC Holdings full-time for more than 3 years

    Pros

    Great working experience. Good work life balance

    Cons

    No Cons as such very good company for long turm relationship

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great company to work for, but so big that growth can be hindered

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Buffalo, NY
    Current Employee - Manager in Buffalo, NY

    I have been working at HSBC Holdings full-time for more than 3 years

    Pros

    Fantastic managers, great resources to better yourself if you are willing to take it upon yourself to do so, all the changes going on within the organization currently are actually steps in the right direction.

    Cons

    Advancement opportunities at times seem a bit political, tons of changes which can be challenging for some people, pay is good but just average for the industry, raises and bonuses have also been average.

    Advice to ManagementAdvice

    My experience with the management has been the positive side of my employment. They have been great. Very supportive and empowering. Being such a large company, it can be very difficult at times to make any changes that really improve things....just a challenge with being a global bank. Only thing I can think of that I really disapprove of is the rating system which forces managers to fit their direct reports into a 20/70/10 ratio where 20% are top performers, 70% are average, and 10% are rated as below. It is an outdated system that is not actually supported by the most recent studies regarding performance management. I do know that this has been raised as an item from many of our Senior Managers - it just takes so long for things to change.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good place

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

    I worked at HSBC Holdings full-time for more than 3 years

    Pros

    Very diversified, you'll meet people from all over the world.
    Committed to employee career advancement. Opportunities for promotions and growth.
    Good learning experience.
    Looks good on resume due to international presence.

    Cons

    I worked in US headquarters, and the pay was less than in US Banks for similar positions.
    This is the only US Bank that doesn't observe US banking holidays (or British, for that matter)
    Can require lots of overtime during deadline peaks, but management grants decent comp time in lieu.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Consistent and progressive 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

    Flexible work options; strong benefits; great people

    Cons

    Constant change; Limited work-life balance

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Overall Experience

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

    I have been working at HSBC Holdings full-time for more than 5 years

    Pros

    Less risky place to work vs pure IB

    Cons

    Lower pay vs competition. Take long time to get promoted.

    Advice to ManagementAdvice

    Have one strategy/one bank

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Overall Company

    • 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 full-time

    Pros

    Good place to work. Great employees and benefits.

    Cons

    To many management changes and not alot of directions

  10.  

    Excellent Opportunity, Lazy People Need Not Apply

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

    I have been working at HSBC Holdings full-time for more than a year

    Pros

    Work from home as needed, flexible work schedule, lots of opportunity to move up, international opportunities

    Cons

    Some inconsistent messaging by Sr Mgmt, declining portfolio in the US, highly structured work duties

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    decent bank, has had some problems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Specialist  in  Buffalo, NY
    Former Employee - Operations Specialist in Buffalo, NY

    I worked at HSBC Holdings part-time for less than a year

    Pros

    global bank, a big name with a large presence. employees are great, the facilities are good, the technology is good as well.

    Cons

    org structure has too many layers. flattening out the company would help boost efficiency and productivity. firm has a hard time retaining talent. HR is inept.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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