HSBC Holdings Reviews

Updated October 14, 2014
Updated October 14, 2014
968 Reviews
3.4
968 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
284 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 36 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.  

    not that meaningful and helpful

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings

    Pros

    do not have much opportunities touch with projects

    Cons

    good reputation and strong competitive for future job hunting

  2.  

    Very good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager - Financial Strategies and Analysis in Salinas, CA
    Former Employee - Manager - Financial Strategies and Analysis in Salinas, CA

    I worked at HSBC Holdings full-time (more than 3 years)

    Pros

    Very analytical and challenging work, team environment, flexible work culture

    Cons

    Bonus was not great even when the company was doing very good

    Advice to ManagementAdvice

    Keep up the good work!!

    Recommends
    Neutral Outlook
  3.  

    Great

    Former Employee - Special Loans Ops in Depew, NY
    Former Employee - Special Loans Ops in Depew, NY

    I worked at HSBC Holdings full-time (more than 3 years)

    Pros

    Nothing really negative to say

    Cons

    Loved to work in HSBC

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  5.  

    Excellent company with great heritage

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

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

    Pros

    employee friendly and flexible work options

    Cons

    slow to change and some what Heirachical

    Advice to ManagementAdvice

    very slow to change and need to me more proactive

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    pay for performance company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Account Executive in Raleigh, NC
    Former Employee - Senior Account Executive in Raleigh, NC

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

    Pros

    salary plus commission, excellent benefits, lead sources.

    Cons

    high stress, snooze you lose sales.

    Advice to ManagementAdvice

    communicate more.

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Senior Customer Account Rep

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Customer Account Representative in Morristown, NJ
    Current Employee - Senior Customer Account Representative in Morristown, NJ

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

    Pros

    the hours were very flexible.

    Cons

    The pay is not comparable to other companies in the area

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Great company to work for, but so big that growth can be hindered

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

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

    Pros

    Fantastic managers, great resources to better yourself if you are willing to take it upon yourself to do so, all the changes going on within the organization currently are actually steps in the right direction.

    Cons

    Advancement opportunities at times seem a bit political, tons of changes which can be challenging for some people, pay is good but just average for the industry, raises and bonuses have also been average.

    Advice to ManagementAdvice

    My experience with the management has been the positive side of my employment. They have been great. Very supportive and empowering. Being such a large company, it can be very difficult at times to make any changes that really improve things....just a challenge with being a global bank. Only thing I can think of that I really disapprove of is the rating system which forces managers to fit their direct reports into a 20/70/10 ratio where 20% are top performers, 70% are average, and 10% are rated as below. It is an outdated system that is not actually supported by the most recent studies regarding performance management. I do know that this has been raised as an item from many of our Senior Managers - it just takes so long for things to change.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good place

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

    I worked at HSBC Holdings full-time (more than 3 years)

    Pros

    Very diversified, you'll meet people from all over the world.
    Committed to employee career advancement. Opportunities for promotions and growth.
    Good learning experience.
    Looks good on resume due to international presence.

    Cons

    I worked in US headquarters, and the pay was less than in US Banks for similar positions.
    This is the only US Bank that doesn't observe US banking holidays (or British, for that matter)
    Can require lots of overtime during deadline peaks, but management grants decent comp time in lieu.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Account Executive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Executive in Kansas City, KS
    Former Employee - Account Executive in Kansas City, KS

    I worked at HSBC Holdings full-time (more than an year)

    Pros

    Excellent training program for people just entering the mortgage industry. Many opportunities for increasing income, good leads and some flexibility with hours. Very into giving back to the community. Super fun sales contests.

    Cons

    Working late. Other sales people view you as someone who will take money from them. They begrudgingly help and aren't really helpful. Branch manager's are promoted because of their sales numbers, not because they have management experience or know how to motivate and train. My branch manager was cussed out by two employees and a third quit citing her micro-managerial style as the reason.

    Advice to ManagementAdvice

    Hire managers that have management experience every time. An untrained manger can ruin a branch.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Consistent and progressive experience

    • 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

    Flexible work options; strong benefits; great people

    Cons

    Constant change; Limited work-life balance

    Recommends
    Neutral Outlook
    Approves of CEO

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