HSBC Holdings - Very little actually gets done | Glassdoor
There are newer employer reviews for HSBC Holdings
There are newer employer reviews for HSBC Holdings

See Most Recent

"Very little actually gets done"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Manager
Former Employee - Senior Manager
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

Relatively good job stability, pay, and benefits. Was a good place to work years ago.

Cons

The company is ridiculously bureaucratic. People say they are busy, but most of what is happening is meeting after meeting with very little or no action. The idea that HSBC can implement systems on a global scale and have decision making for 80+ countries in a few people's hands has created a culture that is slow to move, blames others, and is hyper-political. It is a frustrating place to work if you want to learn and have a sense of accomplishment.

Advice to Management

Go back to regional decision making, especially in regards to IT systems for lines of business that are not naturally global.

Other Employee Reviews for HSBC Holdings

  1. "Fair company but not too aggressive in US"

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

    I worked at HSBC Holdings full-time

    Pros

    It is an analytically driven organization and projects are well structured

    Cons

    US business not the main focus

    Advice to Management

    Should keep consistency in company's constantly changing priorities


  2. "Is BIG always better ?"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Buffalo, NY
    Current Employee - Manager in Buffalo, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Global presence, myriad of technologies and opportunities

    Cons

    Conflicting and sometimes unsensible projects resulting in opportunity cost loss, uncertainty in terms of organization structure and at times matrix reporting means no proper oversight, management ownership and lack of support or guidance - chaotic !!

    Advice to Management

    Please be proud and own the regional day to day running of bank with same sense of ownership as other global or change bank initiatives - sort out the many reports and entering/maintaining data in redundant systems/locations


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

See Most Recent

Work at HSBC Holdings? Share Your Experiences

HSBC Holdings
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or