957 Employee Reviews (View Most Recent)

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Decent place to work, but to slow in making decisions

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Relationship Manager  in  Santiago (Chile)
Current Employee - Relationship Manager in Santiago (Chile)

I have been working at HSBC Holdings

Pros

Professional atmosphere, compensation scale is decent, employees treated with respect. Have been at Credit Suisse for over 2 years and find the work enjoyable.

Cons

The work culture varies from group to group. Some teams have good systems and procedures in place with a predictable work load, while others tend to be a bit chaotic. Promotions, pay raises etc., are too dependent on the group that you are in.

Advice to ManagementAdvice

Management team should be commended on the effort taken to solicit employee feedback. Effort should be taken to isolate and recognize individual contribution distinct from the overall team's performance. Promotion and internal mobility processes should have quicker turnaround cycles.

Disapproves of CEO

Other Reviews for HSBC Holdings

  1.  

    HSBC

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

    I worked at HSBC Holdings

    Pros

    People are generally friendly and helpful. Organisation is willing to invest in people although it is a large and bureaucratic place.

    Cons

    Pay is often poor especially for people who raise up the ranks. Perks are however very good in terms of holidays and healthcare.

    Advice to ManagementAdvice

    Be more fair to staff who have given good years to the organisation and pay them what they deserve if they had joined a competitor.

    Recommends
    No opinion of CEO
  2.  

    Nomadic lifestyle, comfortable rewards, progress limited by years served not abilities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - International Manager
    Former Employee - International Manager

    I worked at HSBC Holdings

    Pros

    Global reach and exposure.
    Safe, sensible, not going to tank.
    Staff are loyal to each other and supportive.
    Good work life balance.

    Cons

    Time based career progression.
    Staff have limited expectations and aspirations.
    Pay is second quartile relative to market.
    Highly bureaucratic.
    Far more of a super tanker than a speed boat.
    Low risk appetite, slow to change.

    Advice to ManagementAdvice

    Sell off or divest low growth businesses where market share is sub 10%. Concentrate on emerging markets and hgih growth businesses.
    Stop overselling the joined up aspect of personal and commercial business across countries.

    Recommends
    Approves of CEO
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