HSBC Canada

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HSBC Canada Reviews

Updated Jul 9, 2014

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All Employees Current Employees Only

3.0 148 reviews

100% Approve of the CEO

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Paulo Maia

(3 ratings)

48% of employees recommend this company to a friend

Review Highlights

Pros
  • Where positions allow it, they offer the best work-life balance you could find(in 8 reviews)

  • Nice building; good benefits; people generally fine to work with(in 8 reviews)


Cons
  • Long hours, not much work life balance(in 5 reviews)

  • Long long hours with no OT pay since everyone is considered a "manager"(in 7 reviews)

148 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    work hard play hard

    Anonymous Employee (Current Employee)

    Prosgood balance of work and life

    Conscould be bureaucratic at times

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    It is a very good company to work for

    Anonymous Employee (Current Employee)

    Prosflex work, job opportunities is great

    Constoo much politics, systems are too slow

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Frustrating

    Anonymous Employee (Current Employee) Vancouver, BC (Canada)

    ProsMajority of staff are great people. Local office tries best to accommadate staff.

    ConsVery sales focus and where all the money is given out. And if you are not in sales, manage cost, manage cost, manage cost. At one point will squeezing the rock be pointless? No monetary recoginition even if you did save the company hundreds of thousand annually in cost savings.

    Advice to Senior ManagementRecognize those contribute real annual savings or their ideas will be kept to themselves, no longer be shared and loyalty is out the window.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good company if you can deal with the politics

    Anonymous Employee (Former Employee)

    ProsGood salary, benfits and great opportunity

    ConsPolitics and relationship to dealt with when you are at a higher position

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Environment Career Benefit Transportation,Salary,good

    Analyst (Current Employee) Vancouver, BC (Canada)

    ProsGood Career, good environment,Environment Career Benefit Transportation,Salary,good

    Consworking environment is not big

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    want to learn the ropes of branch banking? Get a job at HSBC!

    Premier Relationship Manager (Former Employee)

    Pros- getting into branch banking sales in Canada is very difficult, being the 7th largest bank in Canada they often hire employees with less experience
    - competitive benefits
    - potential to make excellent bonuses in major markets
    - great support from local management

    Cons- direction of Canadian operation changes regularly
    - unrealistic sales targets for community and smaller branches -every sales person has the same targets regardless of where they are located
    - Sales are micromanaged on a weekly basis

    Advice to Senior Management- (for upper management) sales reporting tools are unfair and lazy...change them!!!

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good Experience, Great Team Members

    Anonymous Employee (Former Employee)

    ProsFlexible
    Banking benefits
    Clear performance reviews and expectations

    ConsHoliday pay not properly administered

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Great Work-Life Balance

    Senior Analyst, Business Systems (Current Employee) Burnaby, BC (Canada)

    Pros+ Depending on your team you can choose your hours and work remotely.
    + Sicks days, Study Days and Holidays are all bundled so if you don't get sick often or need to study you get a lot of holidays.
    + Free banking, discounted loans, stock trades, currency exchange and mortgages. discounted mortgages makes a big difference. Banking perks for an IT job is quite nice.
    + Employee Stock savings plan
    + RRSP matching with limit
    + Flexible health benefits, given credits to use for 100% if you don't need much or you can use them buy 30%/70%/90% coverage plans with it.
    + Beautiful building, small gym and amenities
    + Work remotely from home or very remotely from an office in another country
    + Huge Yearly Cash Bonuses for top performers, you get what you put in. Huge as in from below average IT pay to above average IT pay.
    + Global and Diverse leading very interesting work, different rules in different countries (also a con)
    + Huge company can find almost any type of role meaning lots of opportunities, just get chummy with the right folk

    Cons- Lots of senior management changes and direction changes
    - Need to be self driven as direction isn't always there
    - Big and Slow, can't move without stepping on someone's toes
    - Bureaucracy!
    - The base pay is better than most business jobs but worse than IT jobs. Which is ok because the work isn't like most iT firms, it's mixed between IT and Business.
    - Age group average is high
    - Coworkers lack passion and a tad resistant to change. Some even make you wonder why they still have their jobs.
    - Global and Diverse leading very interesting work, too many rules in too many different countries!

    Advice to Senior ManagementKeep things fresh, Continuous improvement, More young people, Leave room for creativity, Get to know your employees and their potential, Stand your ground, protect your employees so they would WANT to work hard instead of trying to MAKE them work hard

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    intern

    Anonymous Employee (Former Employee)

    Prosinteresting work, learned a lot

    Consmanagement need to be more clear

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Rewarding workplace with great opportunities

    Assistant Vice President (Current Employee) Vancouver, BC (Canada)

    ProsChallenging work. Opportunities for career progression at home and internationally. Benefits package is generous. Co-workers are great people to work with. Workplace has great amenities.

    ConsBecause of a lack of overall resources, the workload can be overwhelming at times. However, the extra work and occasional long days are offset by working for a great company.

    Yes, I would recommend this company to a friend

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