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

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"Very little actually gets done"

StarStarStarStarStar
  • 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. "if you have other choice do not go there"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Underwriter in Depew, NY
    Former Employee - Mortgage Underwriter in Depew, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    great medical, dental, vision and 401 (k), especially 401 K, you give 4% they match with 6 %, making total of 10 % of your income to retirement while you only pay 4%

    Cons

    mean, unprofessional senior management in mortgage department.

    Advice to Management

    change the SVP and VP for both processing and underwriting


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

    StarStarStarStarStar
    • 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

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

See Most Recent

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