HSBC Holdings Reviews

Updated September 29, 2014
Updated September 29, 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
  • Work-life balance gets much better starting second year when you are more adapted (in 118 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 35 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.  

    It was good learning experiance.

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

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

    Pros

    Hsbc was a good brand name and good benefits package.

    Cons

    working in week end that was bed experiance.

    Advice to ManagementAdvice

    Managment should not do for favertisem.

  2.  

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

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

    Cons

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

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    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

    I have been working at HSBC Holdings full-time for more than 3 years

    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
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  5.  

    not a bad choice

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

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

    Cons

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

  6.  

    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

    I worked at HSBC Holdings

    Pros

    well organized training program, friendly working environment, job security

    Cons

    low paid salary, bad incentive scheme

    Recommends
    Positive Outlook
  7.  

    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

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

    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
  8.  

    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

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

    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
  9.  

    Bad

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

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

    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
  10.  

    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

    I have been working at HSBC Holdings full-time for more than 5 years

    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
  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

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

    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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