HSBC Holdings

www.hsbc.com
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Employee Reviews

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  1.  

    Nothing different from other banks

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    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

  2. 1 person found this helpful  

    Very bad culture

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

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

    Pros

    No pros for this company. Very low pay and management sucks

    Cons

    Work hours, attitude of management, salary

    Advice to ManagementAdvice

    Dont treat employees like slaves

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    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 (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
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  5.  

    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

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

    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
  6. 1 person found this helpful  

    Data Entry Temporary- CMB Remediation Team

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

    I have been working at HSBC Holdings as a contractor (less than a year)

    Pros

    Kept busy once the managers knew how to execute the project

    Cons

    A floundering institution, management had no idea how to reign everything in, project was new (anti-money laundering initiative)

    Advice to ManagementAdvice

    Get your stuff together

    Doesn't Recommend
    Negative Outlook
  7.  

    High pay, great benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ

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

    Pros

    Pay is high and benefits are very competitive in the industry. 401k match of 6% is great. Freedom to work from home.

    Cons

    Cost cutting culture, feels like they are always announcing new restructuring and layoffs. Seem to overlook US division in favor of international operations.

    Advice to ManagementAdvice

    none

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

    My role was for a mortgage service specialist in the collection department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Service Specialist in Brandon, FL
    Former Employee - Mortgage Service Specialist in Brandon, FL

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

    Pros

    Helping customers with their mortgage needs and their wants

    Cons

    Not being able to give what the customer needed or wanted

    Advice to ManagementAdvice

    To set goals and to provide world class assistance to the entire customer base

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    HSBC, overall, is not a bad company to work for.

    • 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

    The co-workers are, for the most part, easy to get along with. The benefits are okay as well. Nothing great, but in this day, they are not that bad.

    Cons

    Upper management is unorganized and very demanding. The pay is no where near where it needs to be for this position. We are severely under paid considering the job we are working.

    Recommends
    Negative Outlook
    No opinion of CEO
  10.  

    Cut throat finance industry

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

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

    Pros

    Great Benefits and Training Opportunities

    Cons

    Attitudes, lack of teamwork, caste system, bad culture

    Advice to ManagementAdvice

    Cultivate a better culture and the dynamics may change

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Rewarding career

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

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

    Pros

    Very large financial institution with global systems. Keeps up with technology.

    Cons

    Too distributed of a management team. Good people but not all work in the same direction mostly due to several Sr. Management teams working independently. Overall global direction was not communicated or managed as a team.

    Advice to ManagementAdvice

    Bite the bullet and put one CIO in charge. Too many CIO's give too many directions.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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