poor salaries and recognition in comparison with other similar banks - Project Manager HSBC Employee Review

Poor salaries and recognition in comparison with other similar banks. Benefits are acceptable but tend to degrade over time. Work condition are very poor in some places (ie France) : open space offices crowded with many many people. They probably stack up people to save money... which has a very negative impact on performance. Very inconfortable. IT has to provide services to with very little money, wich leads to a very minimal IT using old low cost technologies.