HSBC Holdings

www.hsbc.com

HSBC Holdings Reviews in Chicago, IL

Updated January 23, 2015
Updated January 23, 2015
1,014 Reviews
3.5
1,014 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
292 Ratings

Review Highlights

Pros
  • Work-life balance gets much better starting second year when you are more adapted (in 117 reviews)

  • Work from home is always a plus, but you can't always do so (in 25 reviews)


Cons
  • Terrible work life balance for a great deal of the employees (in 37 reviews)

  • Lots of senior management changes and their dedication in investing US is not clear (in 50 reviews)

More Highlights

75 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Well run company with very talented employees and I enjoyed a variety of positions.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Planning Manager in Schaumburg, IL
    Former Employee - Financial Planning Manager in Schaumburg, IL

    I worked at HSBC Holdings full-time (more than 10 years)

    Pros

    Intelligent employees and the business is well run. I enjoyed the opportunity to work in various departments during my career.

    Cons

    Business went through some abrupt changes and from time to time people were shaken out.

    Advice to ManagementAdvice

    create steadier business plans with less dramatic changes

    Recommends
    Neutral Outlook
  2.  

    Standard enterprise work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Technician in Schaumburg, IL
    Former Employee - Systems Technician in Schaumburg, IL

    I worked at HSBC Holdings

    Pros

    The benefits coverage is better than average.

    Cons

    The macro environment was focused too much on a "Global" mentality. I understand HSBC has a very large footprint worldwide, however, the local individual development and growth opportunities were rapidly shrinking.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Senior Underwriter

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Underwriter in Elmhurst, IL
    Former Employee - Senior Underwriter in Elmhurst, IL

    I worked at HSBC Holdings full-time (more than 5 years)

    Pros

    Great Training, great co-workers, team spirit, great benefits 401k awesome

    Cons

    low pay, company moved to europe

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    It was good learning experiance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mail Clerk in Schaumburg, IL
    Former Employee - Mail Clerk in Schaumburg, IL

    I worked at HSBC Holdings full-time (more than 10 years)

    Pros

    Hsbc was a good brand name and good benefits package.

    Cons

    working in week end that was bed experiance.

    Advice to ManagementAdvice

    Managment should not do for favertisem.

  6.  

    Great company, enjoyed working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Strategy Manager in North Chicago, IL
    Current Employee - Marketing Strategy Manager in North Chicago, IL

    I have been working at HSBC Holdings full-time (more than 3 years)

    Pros

    Great place to work from career perspective, international programs, good visibility to Senior Management

    Cons

    Less commitment to North America from headquarters.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    I enjoyed working at HSBC for 18 years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Records in Elmhurst, IL
    Former Employee - Records in Elmhurst, IL

    I worked at HSBC Holdings full-time (more than 10 years)

    Pros

    The people I worked with.

    Cons

    They closed the mortgage units and my job was out sourced.

    Advice to ManagementAdvice

    Treat people the way you would like to be treated.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    13 Years Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Chicago, IL
    Current Employee - Senior Analyst in Chicago, IL

    I have been working at HSBC Holdings full-time (more than 10 years)

    Pros

    Flexible time with work/life balance

    Cons

    No real outlook for the U.S; horrible Executive leadership;

    Advice to ManagementAdvice

    Just let everyone know what your real plan is and stop putting down former Household employees. Not our fault the company had issues - this comes from previous Executives. Give credit to those still wading in the muddy waters of past Company problems including those issues burdened by HSBC directly (money laundering)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Cut throat finance industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources in Elmhurst, IL
    Former Employee - Human Resources in Elmhurst, IL

    I worked at HSBC Holdings full-time (more than 5 years)

    Pros

    Great Benefits and Training Opportunities

    Cons

    Attitudes, lack of teamwork, caste system, bad culture

    Advice to ManagementAdvice

    Cultivate a better culture and the dynamics may change

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

    HSBC Mortgage

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

    I worked at HSBC Holdings full-time (more than 5 years)

    Pros

    Great group to work with. Lots of travel opportunity and work was exciting.

    Cons

    Company was too risky with the bulk mortgage purchases.

    Advice to ManagementAdvice

    The aggressive plan caused the demise of the company and contributed to the company losing millions of dollars due to the housing market collapse.

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    Rewarding career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Director Facilities in Chicago, IL
    Former Employee - Senior Director Facilities in Chicago, IL

    I worked at HSBC Holdings full-time (more than 10 years)

    Pros

    Very large financial institution with global systems. Keeps up with technology.

    Cons

    Too distributed of a management team. Good people but not all work in the same direction mostly due to several Sr. Management teams working independently. Overall global direction was not communicated or managed as a team.

    Advice to ManagementAdvice

    Bite the bullet and put one CIO in charge. Too many CIO's give too many directions.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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