HSBC Holdings Reviews in London, England

Updated September 19, 2014
Updated September 19, 2014
960 Reviews
3.4
960 Reviews
Rating Trends

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

Review Highlights

Pros
  • The organizations offers decently fair work life balance and job security (in 114 reviews)

  • Work from home is always a plus, but you can't always do so (in 26 reviews)


Cons
  • Terrible work life balance for a great deal of the employees (in 34 reviews)

  • Lots of senior management changes and their dedication in investing US is not clear (in 49 reviews)

More Highlights

91 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great experience

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

    I worked at HSBC Holdings as an intern for less than a year

    Pros

    Good culture, nice people, good work/life balance on the whole, Meaningful work, Reasonable compensation for work done

    Cons

    Work was not really challenging and career prospects were not the best in the very long-run, as well as in terms of exit opportunities

    Advice to ManagementAdvice

    Keep up the good work; increase in size in terms of assets under custody to attract talent

    Recommends
    Approves of CEO
  2.  

    Busy and demanding environment but very interesting and full of opportunities

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

    I have been working at HSBC Holdings full-time for more than a year

    Pros

    Great working hours, holidays, internal culture and many career opportunities

    Cons

    Very low salary for amount or responsibility and work in the branches

    Advice to ManagementAdvice

    Pay people more and more people will stay in the company without the need to look for something that is better paid

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Premier Relationship Manager - HSBC UK GCB5

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

    I have been working at HSBC Holdings full-time for more than a year

    Pros

    very good company to work

    Cons

    training period and interview process is very tedious

    Advice to ManagementAdvice

    please simplify interview process

    Recommends
    Positive Outlook
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  5.  

    There's a plague running through the investment bank

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

    I worked at HSBC Holdings as a contractor for more than a year

    Pros

    - Work/life balance
    - Responsibilities & task exposure generally broad
    - Good number of internal communication mechanisms
    - Advocate of brown bag's
    - Decent pay
    - Canteen at 8CS

    Cons

    - Calibre of most permanent resources well below industry standard and highly inexperienced yet being promoted?!?
    - The lifts at 8CS
    - Loads of "chatting" behind backs along with devious activity (on par with a soap opera)
    - Loads of useless meetings and not enough do-ers (everyone's a management consultant by mouth yet flaccid when it comes to quality of real work)
    - Siloed business units not communicating hence re-inventing the wheel is commonly found
    - Ponderous IT systems

    Advice to ManagementAdvice

    - Listen to the experienced who have proved their abilities
    - Reducing contractor rates by 10% will only cause attrition or demotivate. Look at other ways of reducing costs.
    - Allocate adequate funding to change initiatives (they will save you money in the long term!). Avoid countless meetings attempting to cut costs and trying to do things on the cheap purely because someone above has given you a target (finger in the air) to meet
    - Cut the dead weight plaguing the bank^

    ^ Note: This may improve lift times

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Compliance Officer

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

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

    Pros

    Office culture, can be good.

    Cons

    Promotion for long time employee is not easy

    Advice to ManagementAdvice

    I trust overall this is a good place to work, Global Standers in HSBC does work.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Excellent employer

    • 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 as a contractor for less than a year

    Pros

    Interesting work
    Very good working conditions and environment, largely shielded from the corporate politics
    Very nice people

    Cons

    Limitations on the technology allowed to be utilised in finding the best solution to the problem at hand.

    Advice to ManagementAdvice

    Limitations on the technology allowed to be utilised in finding the best solution to the problem at hand mans you do not end up with the best solution.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    A dynamic and interesting place to work

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

    I worked at HSBC Holdings as an intern for less than a year

    Pros

    Good salary. Smart, friendly colleagues. A globally respected company. A great office location in the centre of Canary Wharf.

    Cons

    Large open plan office isn't the most ideal work environment in my opinion. Some colleagues are smart but there are plenty who aren't that capable.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Friendly working environment but little challenge

    Former Employee - Project Manager  in  London, England (UK)
    Former Employee - Project Manager in London, England (UK)

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

    Pros

    Good benefits and work-life balance. I had 8.30-7 hours for most of the time I worked at HSBC, and found little need for face time. I also had supportive coworkers from whom I learned a lot. Very friendly atmosphere - definitely not cut throat the way some banks are described as being.

    Cons

    Underchallenged for 75% of the time that I spent in this role (2 years), and I'm guessing that many other people had the same experience - even on a supposed fast track the learning curve levels off quickly. Not for the extremely ambitious.

  10.  

    Healthy office culture, benefits are good, salary and bonus could be better

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

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

    Pros

    Very good work vs life balance, it's relatively laid back and due to its sheer size, there are opportunities to move around. Open plan office lay out is great. Gym on 5th floor is used by lots of employees and makes a welcome relief from Canary wharf lunch breaks.

    Cons

    Pays less than other tier 1 investment banks

    Advice to ManagementAdvice

    Management can be hit and miss, company values promote openness, taking responsibility and being respectable towards others.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    My HSBC experience

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

    I worked at HSBC Holdings as a contractor for less than a year

    Pros

    Excellent office facilities in Canary Wharf; great people in London and Southampton; good understanding of the need for work/life balance

    Cons

    Some in-house politics which can get in the way of doing the work; difficult to get in touch with people sometimes as employees are constantly travelling

    Recommends
    No opinion of CEO

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