HSBC Holdings Reviews

Updated September 19, 2014
Updated September 19, 2014
960 Reviews
3.4
960 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
279 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

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  1.  

    As a QA I reviewed the Remediation products of PwC Analysts

    Former Employee - QA Analyst  in  Brooklyn, NY
    Former Employee - QA Analyst in Brooklyn, NY

    I worked at HSBC Holdings as a contractor for less than a year

    Pros

    Great process and team to work with, was very help-full in the work atmosphere.
    Lots of Over time pay. Great Management

    Cons

    Lots of pressures to meat quotas!

    Recommends
    Positive Outlook
  2.  

    Great place to acquire technology related experience

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

    I worked at HSBC Holdings full-time for more than 5 years

    Pros

    There are plenty of opportunities for advancement throughout the company. Many of the opportunities can be within other departments or other global positions the company has around the world.

    Cons

    The majority of opportunities for advancement means you will have to go outside the current department you're working in. Otherwise you can easily do the same position for the rest of your career at this employer.

    Advice to ManagementAdvice

    Show more appreciation for hard working, dedicated workers who make a difference for the company.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    If you can handle collections...

    • Career Opportunities
    Former Employee - Collector  in  Chesapeake, VA
    Former Employee - Collector in Chesapeake, VA

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

    Pros

    Benefits at HSBC were great.

    Cons

    The job itself was stressful but the company has great work life benefits to help.

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  5.  

    Liked most things about HSBC

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

    I worked at HSBC Holdings full-time for more than 5 years

    Pros

    Global banking organization with opportunities for secondments and advancement. During my time with the organization (7+ years), the company "owned" its issues and seemed to attempt to deal with its problems.

    Cons

    The US operations still appears to be a group of separate businesses (with "us" and "them" attitudes) so even at a country-level it felt like working for different companies.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    neutral

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

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

    Pros

    good life and work balance. A lot of personal time, and lot of exposures to the line of business.

    Cons

    a lot of bureaucratic in such a big corporation. Especially it is during a acquisition period

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Good Job, Great Benefits

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

    I have been working at HSBC Holdings full-time for more than 10 years

    Pros

    Easy going atmosphere, great fringe benefits (401K, health insurance, vacation, etc).

    Cons

    No job security, Advancement is based on who you know, No raises

    Advice to ManagementAdvice

    Bring back incentives; even though closing up mortage business in U.S. still need motivation for those of us left.

    Recommends
    Negative Outlook
  8.  

    Good Opportunities but....

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

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

    Pros

    Terrific global presence, especially in Europe. The international opportunities are plentiful and their support of international management and training programs is very strong. Solid and competitive pay. Excellent Work life balance.

    Cons

    HSBC's recent decision to reduce their North American footprint and consolidate global business models has significantly reduced its domestic opportunities. Perhaps in a few more years, once their domestic strategy has taken shape, the US will again be a vibrent outlook for HSBC employees.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  9.  

    Good company to gain experience, move around, and advance.

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

    I worked at HSBC Holdings full-time for more than 5 years

    Pros

    HSBC had a good corporate culture overall. Employee growth was encouraged through company paid trainings, as well as, tuition assistance. There were good benefits, quarterly financial incentives, and a decent time off program.

    Cons

    Upgrades were not always communicated properly creating user issues and problems within the department that was responsible for resolving them. Favoritism within certain groups pulled down team morale.

    Advice to ManagementAdvice

    Stop letting your personal dislike impact your employee's reviews.

    Recommends
    No opinion of CEO
  10.  

    HSBC is a great place to work with great compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director of Marketing  in  Mount Prospect, IL
    Former Employee - Director of Marketing in Mount Prospect, IL

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

    Pros

    Great compensation and professional training avialable

    Cons

    Everyone works very hard and is focused on job performance whcih is great but work life balance is not supported by the company. Lots of burn out.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    VP

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

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

    Pros

    Great benefits (pension with medical) for legacy employees, opportunity to work remote.

    Cons

    Lots of talk about employees should only work on the things that matter most but employees are not really given the opportunity to do so.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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