HSBC Holdings - The company for the big wigs only!!! Just horrible! | Glassdoor
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There are newer employer reviews for HSBC Holdings

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"The company for the big wigs only!!! Just horrible!"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Card Services Agent in Newark, DE
Former Employee - Card Services Agent in Newark, DE
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

It was down to earth with the other employees, but you knew you were on the bottom of the totem pole...Bonuses were great at a point in time then did a complete 180..

Cons

Low pay
no growth
bonuses cut
horrible management
budget cuts
eventually our whole dept was cut.

Advice to Management

recognize who actually does the work in the company besides sitting behind a desk collecting millions

Other Employee Reviews for HSBC Holdings

  1. "time consuming"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Experience Associate in Brooklyn, NY
    Current Employee - Customer Experience Associate in Brooklyn, NY
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    In this role there is a broad field of experience to learn

    Cons

    this company downsized way too often 3 times in my 4 years there with out a valid reason for most employees laid off

    Advice to Management

    promote within more often


  2. Helpful (2)

    "Lots of Opportunity, Good Pay, Decent Benefits, as long as you're not part of IT and in NYC"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in New York, NY
    Current Employee - Senior Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at HSBC Holdings full-time (More than 10 years)

    Pros

    HSBC pays well, they provide decent benefits, and they have implemented a work from home program, to make sure employees who are in positions that allow this perk the ability to experience true work/life

    Cons

    They treat their IT division, HTS, like unwanted step children. Unfortunately, if you are part of IT and you're based in NYC, their is almost no opportunity for advancement or job rotation. You will be stuck doing the same thing, day in and day out, no matter your skill level. In order to move up or experience working on different technology, you will need to be willing to relocate out of state or country. If you want any chance at doing something different, but are determined to stay in NYC, you have to wait for someone to vacate a position, because they rarely create new positions for HTS in NYC.

    Chances are that you'll be reporting to someone in Buffalo, NY, Mettawa, IL, or Vancouver Canada. Your team will probably be spread through these locations as well. Therefore, your relationship with your manager(s) and colleagues can suffer.

    If you have exceptional skill in your field of IT expertise, this is not the company for you. Their processes and refusal to allow you to grow will dumb you down to the point of self doubt.

    Lastly, HTS members are always the first lambs led to the slaughter when the company decides that it is necessary to cut jobs.

    Advice to Management

    Stop trampling on HTS. Provide more opportunity for us and you will get remarkable results. Retain your valuable employees by making us feel wanted and needed.

There are newer employer reviews for HSBC Holdings
There are newer employer reviews for HSBC Holdings

See Most Recent

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