HSBC Canada Reviews

Updated September 13, 2014
Updated September 13, 2014
157 Reviews
3.2
157 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Paulo Maia
5 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    HSBC is ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Canada full-time

    Pros

    Ok place to work, Good life and work balance.

    Cons

    Changing enviroment, HSBC unsure which direction to go

  2.  

    personal banker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Vancouver, BC (Canada)
    Current Employee - Personal Banker in Vancouver, BC (Canada)

    I have been working at HSBC Canada part-time for more than a year

    Pros

    clients are good, most of them are chinese people

    Cons

    target are a bit high compared to other banks, but as long as work hard, reasonable

  3.  

    Great staff, lots of fun.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Collections Representative  in  Vancouver, BC (Canada)
    Former Employee - Collections Representative in Vancouver, BC (Canada)

    I worked at HSBC Canada full-time for more than 10 years

    Pros

    Excellent management, listened to staff, HR really took our concerns seriously. Good hours, open communication and lots of fun get togethers

    Cons

    Some evening and weekend work, did have issues with previous management, but HR took action.

    Advice to ManagementAdvice

    Keep it up, where ever you may go next.

    Recommends
    Positive Outlook
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Too many structural/process changes in recent years and to date that negatively affect the client.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Premium Banker
    Former Employee - Premium Banker

    I worked at HSBC Canada full-time for more than 3 years

    Pros

    Health/dental/insurance and pension plans were decent compared to other FIs.

    Cons

    Low salary and bonuses with high sales expectation regardless of which demographic you live in. Same goals across the country. Credit processes take too long, branch has no authority to approve credit or overdraft reports, no longer account managers or relationship managers in bank unless Premier which not all branches have. End result, a lot of unhappy customers especially long term loyal customers.

    Advice to ManagementAdvice

    Managers should have minimal educational backgrounds and have leadership/management training. Not just inherited positions due to structural changes. Good leaders can make all the difference for employee job satisfaction and employee retention.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Place to learn fast and work with very talented employees. Project Management is well established.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Systems Analyst  in  Toronto, ON (Canada)
    Former Employee - Business Systems Analyst in Toronto, ON (Canada)

    I worked at HSBC Canada full-time for more than 5 years

    Pros

    Good benefit package
    Good PMO Structure

    Cons

    Long hours, not much work life balance
    Poor pay
    Human Resource is located in UK. Hard to get information.

    Advice to ManagementAdvice

    Work life balance
    Human Resource should be available to locals.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Sr. Modeling Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Modeling Analyst  in  Toronto, ON (Canada)
    Former Employee - Senior Modeling Analyst in Toronto, ON (Canada)

    I worked at HSBC Canada full-time for more than 5 years

    Pros

    Structured org to start your career to build your hard coar analytics skill set and soft skill set requred in large organizations

    Cons

    Slower career growth path compare to other industries, but still be able to ahead the curve if you are able to capticalize the opportunites along the way

    Advice to ManagementAdvice

    Invest more into analytics function and embrace more talents from different industries like retail, telecom to innovate analytics practises

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    I would have expected more from the company in terms of career development; nonetheless, a great first job experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative  in  Vancouver, BC (Canada)
    Former Employee - Customer Service Representative in Vancouver, BC (Canada)

    I worked at HSBC Canada part-time for more than a year

    Pros

    Being a very global company means many people will quickly recognize the name.

    Cons

    The limited opportunities to move up the ladder.

    Advice to ManagementAdvice

    There should be more training provided to employees to build a stronger workforce within the company.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Big organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Banking Specialist  in  Burnaby, BC (Canada)
    Former Employee - Business Banking Specialist in Burnaby, BC (Canada)

    I worked at HSBC Canada full-time for more than a year

    Pros

    International presence in banking industry.

    Cons

    Terrible organizational culture and work environment; poor performance evaluation and job advancement system.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    not bad

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

    I worked at HSBC Canada part-time for more than a year

    Pros

    Good support from managers; Will guide you to where you want.

    Cons

    When I first start, the training wasn't that great.

    Advice to ManagementAdvice

    It would be better to train supervisors how to train newbies

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Overall, it was a good experience, hence I stayed there for 5+ years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager  in  Toronto, ON (Canada)
    Former Employee - Project Manager in Toronto, ON (Canada)

    I worked at HSBC Canada full-time for more than 5 years

    Pros

    Benefits package is pretty good and vacation days are fairly generous. Better than other people I've spoken to that also work in the banking industry. I work on projects and the people I generally deal with are pleasant to work with. I did like the culture and value of HSBC.

    Cons

    I find that the salary is not as competitive as other banks. Probably not a con for everybody but their head office is in Vancouver. Since I work in a project environment, majority of our meetings were held online/ over conference lines. Face to face meetings were not always possible.

    Recommends
    Neutral Outlook
    Approves of CEO

Worked for HSBC Canada? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.