HSBC Holdings Reviews

Updated September 12, 2014
Updated September 12, 2014
958 Reviews
3.4
958 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
277 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good place to work for and friendly working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Peaceful and friendly working environment and culture

    Cons

    the working place is a little far away

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Decent pay, but chaotic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings

    Pros

    Good start pay for this field

    Cons

    No work/life balance in phone positions

    Advice to ManagementAdvice

    Need to promote people with experience, instead of friends/ significant others

    No opinion of CEO
  3.  

    Good company to work for

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings as a contractor

    Pros

    Good company to work for

    Cons

    Good company to work for

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  5.  

    Contract

    Current Employee - Senior IT  in  New York, NY
    Current Employee - Senior IT in New York, NY

    I have been working at HSBC Holdings as a contractor

    Pros

    Work conditions good. Knowlegable people.

    Cons

    Not open. Not much sahring of information

  6.  

    Large bank with very little innovation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    They do not expect their employees to work as hard as other IB. The pace is more similar to a retail bank. If you are smart it is easy to shine. It is a global company, so you'll get exposed more to how other countries do business. They strive to put in global system and process, which has its cost and benefit.

    Cons

    They do not attract the best talent. Most senior positions are held by British, including many US positions. They have international managers whom they rotate in and out of different countries as senior managers they are generalist who often do not have the expertise of the position they fill. It is a place of who you know rather than what you know

    Advice to ManagementAdvice

    Pay attention to keeping the talent.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Good for basic growth but not for furthering carreer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Systems Analyst  in  Tampa, FL
    Current Employee - Senior Business Systems Analyst in Tampa, FL

    I have been working at HSBC Holdings full-time for more than 8 years

    Pros

    Benefits are fantastic. The work/life balance is very flexible.

    Cons

    Not much movement for growth into upper management

    Advice to ManagementAdvice

    competitive compensation and more growth opportunities for current seniors.

    Recommends
    Negative Outlook
    Approves of CEO
  8.  

    Excellent company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Legal Entity Review Representatvie  in  North Pomona, CA
    Former Employee - Legal Entity Review Representatvie in North Pomona, CA

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

    Pros

    Excellent company to work with. Overall, i really enjoyed working for this company.

    Cons

    Really there was nothing to complain about this company.

    Advice to ManagementAdvice

    None

    Recommends
  9. 1 person found this helpful  

    From the heights of the Household acquisition to the depths of DPA....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    I won't mention the business unit, but I am a current U.S. employee. Benefits are average for a gargantuan entity; promotions are for the favored (like so many other companies); personal growth has been good, but not something necessarily attributable to this particular firm; plenty of vacation time...6 weeks + 10 holidays; work from home is embraced by corporate and loathed by much of management; performance reviews are provided but are worthless with personnel rankings predetermined by management; there are annual bonuses even for the lowly but range wildly within/across teams depending on budget and personalities; senior management changes and direction spin like a roulette wheel which provides ample opportunity for do overs; opportunity for travel exists as well as meeting interesting people; salaries are excellent compared to the general population and middling compared to other financial services firms. Yes, these are the pros compared to the cons.

    Cons

    Let me just state that the DPA of 2012 wasn't surprising given the far flung, year after year shenanigans at the bank; the feds velvet hammer triggered an internal shotgun response where a scalpel was/is needed. In the past my response to 'where do you work?' was met with 'what's that?' Later some would say 'oh I had my mortgage with HSBC' (not happily I should add)....now, I respond by just saying 'computers' and leave it at that. I can not hear the word 'mistake' again without screaming. Oh the shame. Btw, because I am employed in the U.S. (I won't relocate to to snows of Buffalo) I expect my position to be eliminated as the further building of 'low cost' engagements elsewhere further the institutional rot.

    Advice to ManagementAdvice

    My advice to management is, whatever. I'm so many rungs down the ladder I'm not standing on a rung or it's called something else...weekly (that's a joke friends). Firms this large aren't interested in what the common person considers advice or logic or common sense, even if it's framed in the context of the firm. But I'm not saying anything new am I? But I'd sure like to.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Productive and co-workers kept the day fun

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    The co-workers made it easy to work here

    Cons

    There was No real challenges working here

    Advice to ManagementAdvice

    Company no longer exist

  11. 1 person found this helpful  

    I love HSBC!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    I worked at HSBC for 9 years with the Training and Development team. What an awesome group of people!

    Cons

    I have nothing but great things to say about HSBC. I enjoyed my 9 year there!

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