There are newer employer reviews for HSBC Holdings

 

Good working culture

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Assistant Vice President
Former Employee - Assistant Vice President

I worked at HSBC Holdings

Pros

A nice environment to work. People are nice, helpful and approachable. Makes you feel comfortable. Emphasize alot on work life balance. Have good non-monetary benefits.

Cons

May take quite a while to get promoted. All depends on whether there are vacancies at the top.

Recommends

960 Other Employee Reviews for HSBC Holdings (View Most Recent)

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  1. 2 people found this helpful  

    Good career opportunities but you need to fight super hard and you are on your own to make it happen

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Vice President
    Former Employee - Senior Vice President

    I worked at HSBC Holdings

    Pros

    - decent (but not great) overall compensation package
    - huge organization with plenty of upward opportunities (worldwide)
    - very structured and policy driven (if you like it)

    Cons

    - SUPER SUPER bureaucratic (10 layers of approvals to buy a roll of toilet paper)
    - as a result, strategies are very "safe" but the structure kills any innovative idea
    - guidelines everywhere (supposingly for good corporate governance and encourage best practice sharing but turns out to be excuses for people not to do things and people create long and overly-detailed guidelines just to justify their job and importance)
    - no support at all from senior management for your career growth. Senior management are smart but they only care about themselves.
    - yes, there are opportunities to go upwards but you need to work so so hard on your own to build relationships and create opportunities

    Advice to ManagementAdvice

    - okay to continue this bureaucratic structure and rely on approvals over approvals for decision making but don't expect double digit growth... let's be practical
    - it's time to rely more on empowerment and pay/fire by results to unlock the potential of people

    Disapproves of CEO
  2. 2 people found this helpful  

    Sometimes Good, Sometimes Not....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Human Resources Manager  in  London, England (UK)
    Former Employee - Human Resources Manager in London, England (UK)

    I worked at HSBC Holdings

    Pros

    great office environment
    good benefits (kind of)
    innovative thinkers
    well respected global brand
    marketable to future employers
    efforts towards global programs

    Cons

    awful management in HR
    poor communication
    lack of transparency
    bad, not actually awful on boarding experience
    poor pay
    no recognition for delivery of work
    expected to work incredibly long hours
    old boys (and girls) club - not welcoming to new people

    HSBC is an amazing brand, and externally it is seen as an amazing place to have on your resume, unfortunately in my experience is was entirely the opposite, the worst place I have ever worked for nearly every reason imaginable. The only plus is that there are some amazing people there, skilled, talented, and professional but sadly they aren't words i'd use for any of the management staff in the HR team.

    Advice to ManagementAdvice

    Remove the old dead wood in your management layers, they have been there too long and are only interesting in padding their own desks and those of their mates.

    Doesn't Recommend
    No opinion of CEO
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