HSBC Holdings

  www.hsbc.com
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HSBC Holdings Reviews

Updated August 14, 2014
Updated August 14, 2014
952 Reviews

3.4
952 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
273 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.  

    The company has been considered as the educational institution for financial experts

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

    Pros

    well organized training program, friendly working environment, job security

    Cons

    low paid salary, bad incentive scheme

    Recommends
    Positive Outlook
  2.  

    Great company, enjoyed working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Strategy Manager  in  North Chicago, IL
    Current Employee - Marketing Strategy Manager in North Chicago, IL

    Pros

    Great place to work from career perspective, international programs, good visibility to Senior Management

    Cons

    Less commitment to North America from headquarters.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    not a bad choice

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    well, it's a bank, a famous one.

    Cons

    work overtime seems normal, your daily job is not that international

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  5.  

    REO Department lacks much to be desired.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Asset Manager  in  Pomona, CA
    Current Employee - Asset Manager in Pomona, CA

    Pros

    HSBC is good and caring company. Allows room for advancement.

    Cons

    REO unit managers ban together for the good of themselves, not the dept. They like to promote friends and not competent professionals. They take suggestions and stuff it in their pocket, otherwise, their response would be that's how it works here.

    Advice to ManagementAdvice

    Think ahead, not just what you see now. Expand your horizons and do what is right, not what is easy.

    Recommends
    Neutral Outlook
  6.  

    Lots of potential if you're globally mobile

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

    Pros

    There are some great benefits including generous 401k match and HSBC contributions to dependent care flexible spending account. If you are open to global opportunities, they are abundant - although most are offered "local terms" these days instead of a cush relo secondment. Depending on your function, there is a good chance you'll be able to work from home at least a couple days a week; there are also some 100% remote workers. HSBC also cultivates considerable diversity (including but not limited to racial and gender diversity), at least at the entry and middle levels. The top echelon continues to be male and white however.

    Cons

    There are limited opportunities in the US since most businesses were sold (Cards) or are being run down (Consumer & Mortgage Lending). There has been major instability over the last few years with site closures, sales, outsourcing of certain functions, etc.

    Advice to ManagementAdvice

    Keep up the work/life balance policies. Hire diverse candidates for senior positions.

    Recommends
    Neutral Outlook
  7.  

    I enjoyed working at HSBC for 18 years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Records  in  Elmhurst, IL
    Former Employee - Records in Elmhurst, IL

    Pros

    The people I worked with.

    Cons

    They closed the mortgage units and my job was out sourced.

    Advice to ManagementAdvice

    Treat people the way you would like to be treated.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Bad

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

    Pros

    Better than working at McDonalds, maybe.

    Cons

    Clueless management and below market salaries.

    Advice to ManagementAdvice

    Pay your employees a fair wage.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  Pomona, CA
    Former Employee - Manager in Pomona, CA

    Pros

    Pay for performance, good balance between family and work life

    Cons

    Sub Prime loans-economy downfall froze increases and bonuses

    Advice to ManagementAdvice

    none

    Recommends
    Negative Outlook
    No opinion of CEO
  10.  

    Nothing different from other banks

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Some managers are excellent
    International reach
    Had great training at one point

    Cons

    High turnover
    Most managers are pretty self-centred, does not look out for their employees
    Marketing oversells bank's capabilities
    Poor reputation in the marketplace

  11. 1 person found this helpful  

    13 Years Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst  in  Chicago, IL
    Current Employee - Senior Analyst in Chicago, IL

    Pros

    Flexible time with work/life balance

    Cons

    No real outlook for the U.S; horrible Executive leadership;

    Advice to ManagementAdvice

    Just let everyone know what your real plan is and stop putting down former Household employees. Not our fault the company had issues - this comes from previous Executives. Give credit to those still wading in the muddy waters of past Company problems including those issues burdened by HSBC directly (money laundering)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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