HSBC Holdings
3.3 of 5 899 reviews
www.hsbc.com London, United Kingdom 5000+ Employees

HSBC Holdings Reviews

Updated Apr 15, 2014
All Employees Current Employees Only

3.3 899 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
899 Employee Reviews
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Review Highlights

Pros:
  • "The organizations offers decently fair work life balance and job security"
    in 107 reviews
  • "You get lots of paid vacation and you can work from home"
    in 24 reviews
Cons:
  • "Constant change; Limited work-life balance"
    in 33 reviews
  • "Lots of senior management changes and their dedication in investing US is not clear"
    in 45 reviews
  • Show more review highlights

Reviews

 

Satisfied employee at HSBC

Anonymous Employee (Former Employee)

I worked at HSBC Holdings

Prossolid benefits (time-off, medical, 401k subsidies) and many opportunities for professional growth

Consx x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x

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  • No Opinion of CEO

 

Senior Underwriter

Senior Underwriter (Former Employee)
Elmhurst, IL

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

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

Conslow pay, company moved to europe

Advice to Senior ManagementNone

Yes, I would recommend this company to a friend

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Good company to work for. Has good benefits.

Senior Business Analyst (Former Employee)
Salinas, CA

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

ProsCompany provides good benefits package and I was fortunate to have very professional people to work with.

ConsCompany, before I left, changed it's work-life balance philosophy by changing everyone's job duties to include the word "support". This entitled the company to have everyone on a 24-7 call.

Advice to Senior ManagementReturn to previous work life balance program where employees were able to have an outside life.

Yes, I would recommend this company to a friend

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operations rep

Anonymous Employee (Current Employee)

I have been working at HSBC Holdings

ProsHSBC is a friendly place to work with good caring people. They offer adequate training to do the job assigned to you. There is also pleanty of oppourtunity for growth and they encourage advancing your career.

ConsThere is too many levels of management to go through to get something done. It would be alot easier to get things done if they downsized the management. The technology is also very out of date and needs to be updated.

Advice to Senior ManagementDownsize management

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Lack of structure, overall less than positive experience

Anonymous Employee (Current Employee)

I have been working at HSBC Holdings

Prosgood compensation;mostly friendly co-workers;great location

Consbad training, terrible management-the management really tears the whole program structure apart, bad at giving feedback

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

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  • Disapproves of CEO

 

On a downhill run

Unit Manager (Former Employee)
Pomona, CA

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

ProsIn the past, they had very good benefits and 401k and great vacation time...

ConsBUT they are laying everyone off, so it doesn't matter anymore. At least in North America.

Advice to Senior ManagementDon't oursource

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

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Put your career in neutral

Anonymous Employee (Current Employee)

I have been working at HSBC Holdings

ProsReally nice people, who aren't overly stressed out and realize that the minutiae details that most financial services companies flip out about, just aren't that important.

ConsManagement doesn't have a terribly clear direction. Terrible inefficiencies, and people lacking the ability to get things done.

Advice to Senior ManagementInspire people to get hungry and work towards a goal

No, I would not recommend this company to a friend

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It was good learning experiance.

Mail Clerk (Former Employee)
Schaumburg, IL

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

ProsHsbc was a good brand name and good benefits package.

Consworking in week end that was bed experiance.

Advice to Senior ManagementManagment should not do for favertisem.

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Good learning, great place for those looking for a stable long-term career

Anonymous Employee (Current Employee)

I have been working at HSBC Holdings

ProsGood culture and lifestyle
Average pay, but also not as long hours as most banks

ConsHierarchical, not very meritocratic
Career company, i.e. quite a few dead weights stay in the firm

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

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Conservative and well managed for stockholders, employee experience is very individual by department and manager.

Assistant Vice President Project Manager (Former Employee)
Buffalo, NY

I worked at HSBC Holdings full-time for more than 8 years

ProsWork from Home policy, one of the top employers in Buffalo, excellent colleagues and first line managers, benefit package options are configurable to employee needs, opportunities for learning new things and solid project management processes. There are well thought out project processes and management reporting where there is compliance. Farsighted business planning. Response to the US Compliance environment has been stellar. The divestiture of major brick and mortar was a first in class execution.

ConsSome strategies for employee resourcing and organizational change has been better on paper than in execution. There is strong management commitment but the actions have been less successful in execution.
As in other organizations, management set deadlines which are unrealistic given resources and other constraints. Handling of bonus pay is not transparent and while it suppose to be an incentive it is an exercise in frustration.

Advice to Senior ManagementHigh attrition of the best people is due to salary. We have lost some very good people which some have returned so in the employee engagement there needs to be more effort to share how HSBC really compares to its competitors in regional employment markets for total compensation packages and opportunities. Returning employee interviews would be helpful as to understanding why they returned.

Yes, I would recommend this company to a friend

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