HSBC Canada Reviews

Updated September 13, 2014
Updated September 13, 2014
158 Reviews
3.2
158 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 10 reviews)

  • Good benefits, in the IT department folks generally get 25-30 days of annual vacation (in 9 reviews)


Cons
  • Long hours, not much work life balance (in 6 reviews)

  • Extremely long hours, and your lunch time can be sacrificed at the whim of a manager (in 7 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Frustrating

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

    I have been working at HSBC Canada full-time for more than 5 years

    Pros

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

    Cons

    Very 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 ManagementAdvice

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    work hard play hard

    • 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

    Pros

    good balance of work and life

    Cons

    could be bureaucratic at times

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    It is a very good company to work for

    • 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

    flex work, job opportunities is great

    Cons

    too much politics, systems are too slow

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

    Good company if you can deal with the politics

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Canada

    Pros

    Good salary, benfits and great opportunity

    Cons

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

  6. 1 person found this helpful  

    Environment Career Benefit Transportation,Salary,good

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

    I have been working at HSBC Canada full-time for more than 3 years

    Pros

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

    Cons

    working environment is not big

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

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

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

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

    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 ManagementAdvice

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

    Recommends
    Negative Outlook
    Disapproves of CEO
  8.  

    Good Experience, Great Team Members

    • 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 3 years

    Pros

    Flexible
    Banking benefits
    Clear performance reviews and expectations

    Cons

    Holiday pay not properly administered

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Canada

    Pros

    interesting work, learned a lot

    Cons

    management need to be more clear

  10. 1 person found this helpful  

    Great Work-Life Balance

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

    I have been working at HSBC Canada full-time for more than 3 years

    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 ManagementAdvice

    Keep 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

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

    Rewarding workplace with great opportunities

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

    I have been working at HSBC Canada full-time for more than 3 years

    Pros

    Challenging 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.

    Cons

    Because 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.

    Recommends
    Neutral Outlook
    No opinion of CEO

Worked for HSBC Canada? Contribute to the Community!

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