HSBC Holdings Reviews

Pros

Fast grow and worldwide corporation

Cons

Global Services Centres treated with too much India infuence

Advice to Senior Management

Communication with staff at all levels

Pros

Have good benefits and comprehensive systems in all areas
engage staff with work life balance
Have heritage to easily create business opportunities

Cons

Too conservative and bureaucratic
Many new initiatives cannot move forward due to political and strategic constraints.
Many ppl not match in the job profiles.

Advice to Senior Management

It will take lots of painful measures to make this big fat company in good fit position.
The easiest way is to spin off non-core business and stay slim.

Pros

Good benefits
Global footprint
Not much else

Cons

Poor strategy
Company is not run well, especially in North America

Pros

Gain exposure to financial market and banking industry.

Cons

Fast paced environment that can overlook main asset - employee.

Pros

Challenging
Interesting
Good learning experience
Global perspective
Good people

Cons

Complicated
Ambiguous
Relentless
Can be confusing
Poor MI

Advice to Senior Management

Need to truly embed values
Instill true leadership

Pros

Good people (generally) who are knowledgeable and cooperative. Great opportunities for job movement regionally and internationally. Good benefits package. Top tier bank worldwide, so good performance from a global perspective.

Cons

Too little emphasis on praising good work. Not enough career and performance management on an ongoing basis. Some "I'm only watching out for me" mentality present in senior management.

Advice to Senior Management

Ongoing performance management is preached but not evident. Pay attention to your immediate/direct reports and manage them proactively and positively. If they perform, recognize them and their contribution to your success.

Pros

Reputable bank where it is good to be found in my CV.

Cons

Internal departments challenges where there are red tapes around.

Pros

Sound advisory to both corporate and public sector clients. It has a strong footing in the Emerging markets business especially the BRIC economies and this is where the growth opportunities are given fiscal problems in US and Europe.

Cons

Compensation may not seem compatible with Wall Street firms but it is a safe employer for the long run. Definitely not a hire-and-fire firm.

Advice to Senior Management

Keep focused on Asia and the Emerging Markets but also in these distressed markets times, maybe should focus on gaining some market share in Americas by aggressive acquisitions.

Pros

Work ethics and values are one of the important aspect for everything we do in the orhanisation. Totaly performance driven culture and respects diversity in workplace with great emphasis on work life balance

Cons

Result driven and too many changes

Pros

Strategic focus. Advanced technology. Global organization. HSBC is a good place to learn and grow and provides high potential employees with global job opportunities.

Cons

Shrinking in the US. High level of layoffs. Environment changing into highly politicized with employees indulging in mud slinging. Biggest intriguers come out on top.

Advice to Senior Management

Take what you hear with a pinch of salt and identify your sincere loyal employees versus the one who are all talk and politics.