Bank of Bermuda

  www.hsbc.bm
  www.hsbc.bm

Bank of Bermuda Reviews

3 Reviews
3.0
3 Reviews

Recommend to a friend
Approve of CEO
(no image)
Phil Butterfield
3 Ratings

Employee Reviews

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  1.  

    Great opportunity to work with leading industry professionals.

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

    I worked at Bank of Bermuda full-time (more than 3 years)

    Pros

    Great training, benefits and company values. Opportunity to showcase skills.

    Cons

    Difficult to deputize in other areas of the business and get promoted.

    Advice to ManagementAdvice

    Offer promotion opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Regulatory, compliance and market pressures sap employee engagement.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Hamilton (Bermuda)
    Current Employee - Anonymous Employee in Hamilton (Bermuda)

    I have been working at Bank of Bermuda full-time (more than 5 years)

    Pros

    Bank of Bermuda (HSBC Bermuda) is an excellent place to gain experience working with a global organisation. Being globally networked, with the right skills and talents, a professional can enjoy postings world-wide and be part of the tremendous commercial growth in the emerging economies.

    Cons

    Without the right skill set and in developed countries, HSBC is not a fun place to work. Lay-offs, redundancies, a top-down command and control governance model and antiquated performance management make HSBC a very difficult place to engage employees and develop a career.

    Advice to ManagementAdvice

    HSBC Bermuda is reducing its headcount to high risk levels. Stress, employee dissatisfaction and lack of career opportunities require creative breakthrough solutions from the CEO and senior management. It's time to review management practices, (see Reinventing Organizations by Frederic Laloux) and really step into the 21st century.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Diverse culture. comitted to development, but very demanding on work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Banking Specialist in Hamilton (Bermuda)
    Current Employee - Banking Specialist in Hamilton (Bermuda)

    I have been working at Bank of Bermuda full-time (more than 8 years)

    Pros

    development, diversity, good benefits and compensation,

    Cons

    very demanding , no senior management communication, not trustworthy

    Recommends
    Neutral Outlook
    Approves of CEO

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