HSBC Holdings

  www.hsbc.com
  www.hsbc.com
There are newer employer reviews for HSBC Holdings

2 people found this helpful  

Good solid company but lacks organisation

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

I have been working at HSBC Holdings

Pros

-High level of integrity/culture is to do the right thing
-People generally cooperative and good to work with
-Good benefits and opportunities to travel globally

Cons

-Poor project management discipline
-Poor BU strategy
-Terrible base pay but bonuses can compensate

Advice to ManagementAdvice

-Develop strong project management disciplines and methodologies in CoE not just lift and shift
- Run OneHSBC from a proposition and strategy viewpoint as well as process and IT
-Compensate people now to prevent competitors picking off talent as market picking back up
-Develop stronger local BU strategy functions

Recommends
No opinion of CEO

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

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  1.  

    Insider's view

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

    I worked at HSBC Holdings

    Pros

    Stable bank with strong balance sheet
    Salary competitive though bonus may trail tier 1 bank

    Cons

    Even with a strong balance sheet, the bank is not immune to a downturn. Restructuring take place.
    Can be political depending on team
    Training not as rigorous as tier 1 bank

    Advice to ManagementAdvice

    Too much time and funds wasted on organisational restructuring which is often changed again within 2 years

    Approves of CEO
  2.  

    Good ideas, bad understanding of them

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Panama City (Panama)
    Current Employee - Anonymous Employee in Panama City (Panama)

    I have been working at HSBC Holdings

    Pros

    Great networking opportunities, the ability to know people from alll over the world. There is a meritocracy for middle management and below positions. You can learn best practices from other countries in your field.

    Cons

    Senior management promotions and appointments are a mistery, disconnected from any actual achievements. Salary is well below market, but expect above market results. No real committment to service but rather to cost reduction eliminating value and missing opportunities.

    Advice to ManagementAdvice

    I highly recommend that a meritocracy is implemented for Senior Management, including CEOs and Group General Managers. Salaries need to improve to at least market levels to demand above average results.

    Doesn't Recommend
    Approves of CEO
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