957 Employee Reviews (View Most Recent)

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HSBC is a Great Place to Work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • 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

Pros

HSBC is committed to work life balance, actively promoting work-from-home opportunities, encouraging employees to take care of personal issues whenever necessary and allowing time-off and ad-hoc working environments to accommodate all situations. The benefits are excellent, with HSBC paying a very high proportion of medical and dental and matching 401k contributions at a level higher than most.

Cons

Pay is not what it is at Investment Banks. Facilities are less than top-notch. The lower level worker talent is not at the level one might expect at a large bank.

Advice to ManagementAdvice

Upgrade your facilities in New York.

Recommends
Approves of CEO

Other Reviews for HSBC Holdings

  1. 1 person found this helpful  

    Java application architect/developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Consultant  in  Mettawa, IL
    Current Employee - Senior Consultant in Mettawa, IL

    I have been working at HSBC Holdings

    Pros

    Ability to work from home / remotely. International travel. Training. Work-life balance.

    Cons

    Technology is a little dated. The migration to IBM WebSphere portal is more of a road block to application development than it is a tool.

    Advice to ManagementAdvice

    Management needs to be open to new technologies, and not be stuck with the limited offerings of vendors such as IBM as they only hold back creativity.

    Recommends
    Approves of CEO
  2.  

    A culture of bullies and charlatans.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at HSBC Holdings

    Pros

    Agressive pay packages, good health, dental, and 401k/pension. Generous time-off policy.

    Cons

    Pay for performance culture has created an environment of management that only focuses on making their annual bonus. Limited diversity of thought; management has a tendency to only promote people with similar views and management styles. Lack of risk management.

    Advice to ManagementAdvice

    Make bonuses based on longer performance periods. Try to create greater diversity in thought patterns and allow opposing viewpoints to be heard regarding strategy.

    Doesn't Recommend
    No opinion of CEO
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