HSBC Holdings
3.3 of 5 898 reviews
www.hsbc.com London, United Kingdom 5000+ Employees

HSBC Holdings Reviews

Updated Apr 9, 2014
All Employees Current Employees Only

3.3 898 reviews

                             

77% Approve of the CEO

HSBC Holdings Chief Executive Stuart T. Gulliver

Stuart T. Gulliver

(253 ratings)

62% of employees recommend this company to a friend
898 Employee Reviews
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Review Highlights

Pros:
  • "The organizations offers decently fair work life balance and job security"
    in 106 reviews
  • "You get lots of paid vacation and you can work from home"
    in 22 reviews
Cons:
  • "Constant change; Limited work-life balance"
    in 31 reviews
  • "Too many changes in senior management which results in the bank going in different directions to often"
    in 43 reviews
  • Show more review highlights

Reviews

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

 

The company has been considered as the educational institution for financial experts

Anonymous Employee (Former Employee)

I worked at HSBC Holdings

Proswell organized training program, friendly working environment, job security

Conslow paid salary, bad incentive scheme

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

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

 

Lots of potential if you're globally mobile

Anonymous Employee (Current Employee)

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

ProsThere are some great benefits including generous 401k match and HSBC contributions to dependent care flexible spending account. If you are open to global opportunities, they are abundant - although most are offered "local terms" these days instead of a cush relo secondment. Depending on your function, there is a good chance you'll be able to work from home at least a couple days a week; there are also some 100% remote workers. HSBC also cultivates considerable diversity (including but not limited to racial and gender diversity), at least at the entry and middle levels. The top echelon continues to be male and white however.

ConsThere are limited opportunities in the US since most businesses were sold (Cards) or are being run down (Consumer & Mortgage Lending). There has been major instability over the last few years with site closures, sales, outsourcing of certain functions, etc.

Advice to Senior ManagementKeep up the work/life balance policies. Hire diverse candidates for senior positions.

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Bad

Anonymous Employee (Former Employee)

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

ProsBetter than working at McDonalds, maybe.

ConsClueless management and below market salaries.

Advice to Senior ManagementPay your employees a fair wage.

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

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  • Culture & Values
         
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  • No Opinion of CEO

 

Great company, enjoyed working here

Marketing Strategy Manager (Current Employee)
North Chicago, IL

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

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

ConsLess commitment to North America from headquarters.

Yes, I would recommend this company to a friend

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not a bad choice

Anonymous Employee (Former Employee)

I worked at HSBC Holdings

Proswell, it's a bank, a famous one.

Conswork overtime seems normal, your daily job is not that international

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

 

REO Department lacks much to be desired.

Asset Manager (Current Employee)
Pomona, CA

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

ProsHSBC is good and caring company. Allows room for advancement.

ConsREO unit managers ban together for the good of themselves, not the dept. They like to promote friends and not competent professionals. They take suggestions and stuff it in their pocket, otherwise, their response would be that's how it works here.

Advice to Senior ManagementThink ahead, not just what you see now. Expand your horizons and do what is right, not what is easy.

Yes, I would recommend this company to a friend

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Nothing different from other banks

Anonymous Employee (Former Employee)

I worked at HSBC Holdings

ProsSome managers are excellent
International reach
Had great training at one point

ConsHigh turnover
Most managers are pretty self-centred, does not look out for their employees
Marketing oversells bank's capabilities
Poor reputation in the marketplace

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  • Culture & Values
         
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  • No Opinion of CEO

 

I enjoyed working at HSBC for 18 years.

Records (Former Employee)
Elmhurst, IL

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

ProsThe people I worked with.

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

Advice to Senior ManagementTreat people the way you would like to be treated.

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Good Company

Manager (Former Employee)
Pomona, CA

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

ProsPay for performance, good balance between family and work life

ConsSub Prime loans-economy downfall froze increases and bonuses

Advice to Senior Managementnone

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

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  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

1 person found this helpful  

13 Years Experience

Senior Analyst (Current Employee)
Chicago, IL

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

ProsFlexible time with work/life balance

ConsNo real outlook for the U.S; horrible Executive leadership;

Advice to Senior ManagementJust 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)

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

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Glassdoor is your free inside look at HSBC Holdings reviews and ratings — including employee satisfaction and approval rating for HSBC Holdings CEO Stuart T. Gulliver. All 898 reviews posted anonymously by HSBC Holdings employees.