HSBC Holdings

  www.hsbc.com
  www.hsbc.com

HSBC Holdings Reviews in London, England

Updated December 7, 2014
Updated December 7, 2014
991 Reviews
3.4
991 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
289 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

102 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at HSBC Holdings full-time (less than an year)

    Pros

    Great ppl, great opportunities, great history

    Cons

    there is no work life balance

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    pleasant

    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    work life balance, team atmosphere

    Cons

    compensation, social aspect isnt as good as other banks

  3. 1 person found this helpful  

    If you want to work here, join Unite to defend yourself from bad management!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - RBM in London, England (UK)
    Former Employee - RBM in London, England (UK)

    I worked at HSBC Holdings

    Pros

    The Bank is great at promoting excellent working practices, good values and behaviours and progression based on value adding performance.

    Cons

    The changes to the way we work are not supported by outdated, unrealistic and old Area Directors and managers....get rid of the lot of them and bring in new people that can actually champion your cause! Join Unite, ER and HR sit in the pockets of these rubbish managers.

    Advice to ManagementAdvice

    Get rid of your ''old'' managers and get in some new blood that actually champion good values and behaviours!

    Doesn't Recommend
    Negative Outlook
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  5.  

    Decent employer that will recognise effort.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Manager in London, England (UK)
    Current Employee - Finance Manager in London, England (UK)

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

    Pros

    Will strongly encourage staff to develop their skills but it is up to the staff to make the running. Little evidence of them and us culture between staff and management. Good career opportunities on a global basis. Good HQ location.

    Cons

    Bureaucracy, especially that created by a self serving HR dept getting the business to do their work. Who you know is as important as what you know.

    Advice to ManagementAdvice

    Rein in the HR dept and stop them lumbering the business with work.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    KYC Subject Matter Expert

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - KYC Subject Matter Expert in London, England (UK)
    Current Employee - KYC Subject Matter Expert in London, England (UK)

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    Learning opportunities, multicultural staff, well known brand, working from home

    Cons

    Low salaries, work and life balance

    Advice to ManagementAdvice

    Pay more to keep the professional staff within the company

    Recommends
    No opinion of CEO
  7.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - User Experience Designer/Researcher in London, England (UK)
    Current Employee - User Experience Designer/Researcher in London, England (UK)

    I have been working at HSBC Holdings as a contractor (less than an year)

    Pros

    relaxed environment, Had varied projects to handle

    Cons

    team members were on different sites, but communication via chat and video conferencing was very helpful indeed

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
  8.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Analyst in London, England (UK)
    Current Employee - Investment Banking Analyst in London, England (UK)

    I have been working at HSBC Holdings full-time (less than an year)

    Pros

    Easy life to start working

    Cons

    Not as reputable as other competitors

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Glass ceiling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst in London, England (UK)
    Former Employee - Financial Analyst in London, England (UK)

    I worked at HSBC Holdings full-time (more than an year)

    Pros

    Big Name - Reasonable package offered

    Cons

    Promotions are difficult, you need to leave the area.

    Advice to ManagementAdvice

    Personal growh could be better

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Good at attracting talent, not so good at retaining

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)

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

    Pros

    Global company with an excellent brand and the recognition that goes with it. Ambitious in strategy and well positioned in emerging markets.Huge network and potential to leverage this network with clients.

    Cons

    Not very good at retaining talent as they just don't pay. Mediocrity is in the air and it is hard to differentiate yourself given the lack of reward and incentive culture. They call HSBC the civil service of the banking world.

    The only people I saw rewarded were those who played the political game or threatened to leave the company.

    Loyalty was not rewarded and nor hard work. HSBC is not a meritocracy.

    Advice to ManagementAdvice

    Don't over promise on the graduate schemes. Assign a mentor to the juniors and ensure they are rewarded and motivated for their loyalty to the firm. Pay a market rate for talented future high calibre employees. Promote from within.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Have to get into the right department. Most bad departments are in support functions/ back/middle office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in London, England (UK)
    Former Employee - Business Analyst in London, England (UK)

    I worked at HSBC Holdings full-time (less than an year)

    Pros

    Good name for the CV. Likely to meet old friends there as it is such a big employer. HQ location is very good.

    Cons

    Too much office politics if not in correct department. Too much bureaucracy due to derisking initiatives. Bad work-life balance. Pay below median.

    Advice to ManagementAdvice

    Connect more with all levels. Simplify management structure. Serious consider pay rises, at least match inflation.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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