HSBC Holdings Reviews in Chicago, IL | Glassdoor

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HSBC Holdings Chicago Reviews

Updated December 7, 2017
213 reviews

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Chicago, IL Area

3.7
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Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
46 Ratings

213 Employee Reviews

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Pros
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More Pros and Cons

  1. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Analyst in Chicago, IL
    Former Employee - Data Analyst in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    good job, community, benefits, gym!

    Cons

    managers, bureaucracy, no flexibility, uptight HR

    Advice to Management

    work better and be flexible


  2. "Quality Assurance"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Elmhurst, IL
    Former Employee - Anonymous Employee in Elmhurst, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings (More than 8 years)

    Pros

    Flexible Schedule & Holiday Pay

    Cons

    Casual Dress Code and Cell phone policy

    Advice to Management

    Clear policies needed

  3. "CML Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Arlington Heights, IL
    Former Employee - Anonymous Employee in Arlington Heights, IL
    Recommends
    Disapproves of CEO

    I worked at HSBC Holdings full-time

    Pros

    - Good natured people
    - excellent work life balance
    - lots of time off
    - good severance package
    - full time employees have a team of consultants and offshore counterparts with minimal work for themselves
    -Hsbc pays its employees well
    - good 401k
    - the place is full of oppportunities for those who seek.

    Cons

    - It’s a job, not a career.
    - Most people lack ambition, they are there for the years of service they have with HSBC.
    - Most people have fancy and senior titles ( Head of.. Chief..)and very few people to do the actual work.
    - the non fancy title employees are fairly well engaged in private work while working remotely and have several consultants and offshore teams to do their work.
    - In the name of flexibility many employees abuse the remote working facilities.
    - Limited budgets every year, lots of job cuts proposed. No job security.
    - excessive offshoring
    - very expensive healthcare plans.
    - projects are slow to execute

    Advice to Management

    - bank has to move towards accountable and high performing atmostphere and limit flexible working for a few years to reinstate serious and dedicated work environments.
    - get strategy in place and give employees sense of job security.
    - don’t strive for jus a lean organization but a productive one.
    - grow business- don’t just reduce expenditure but augment income


  4. "One of the finest places to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bankruptcy Specialist in Elmhurst, IL
    Former Employee - Bankruptcy Specialist in Elmhurst, IL
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at HSBC Holdings (More than 10 years)

    Pros

    Employees, training, benefits, vacation and camaraderie.

    Cons

    Management did not have the proper training at times.

    Advice to Management

    Listen to your employees. Keep in the loop with your employees.


  5. "Consultant, Business Systems"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Systems Consultant in Arlington Heights, IL
    Current Employee - Business Systems Consultant in Arlington Heights, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Work from home, benefits, work/life balance, diversity programs, competitive salaries, 401k match, bonus program, casual attire, friendly coworkers and nice office environment

    Cons

    Poor management, no career path, limited opportunities for technical growth, no formal training, do not encourage or support outside training or certification, constantly changing technical direction

    Advice to Management

    Don’t micro manage but take the necessary time to learn each team members’ career goals. Better interdepartmental and team communication. Encourage communities of interest beyond diversity groups.


  6. "Consutsnt"

    StarStarStarStarStar
    Current Employee - Consultant in Chicago, IL
    Current Employee - Consultant in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at HSBC Holdings full-time (More than a year)

    Pros

    Nice working culture with good management

    Cons

    Fast pace, more task with less resource

    Advice to Management

    Hire more people and select good technology to convert old system with new technology


  7. "Real global company"

    StarStarStarStarStar
    Former Employee - Dev Manager in Chicago, IL
    Former Employee - Dev Manager in Chicago, IL

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

    Pros

    You would gain real global work experience here

    Cons

    Not doing so great in terms of competition

    Advice to Management

    Be more transparent

  8. "Excited"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture and employment benefits

    Cons

    Too risk averse and sometimes do not capitalise on market opportunities

    Advice to Management

    Innovation


  9. "Customer service manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Elmhurst, IL
    Former Employee - Anonymous Employee in Elmhurst, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at HSBC Holdings full-time (More than 8 years)

    Pros

    excellent training / excellent computer and support staff

    Cons

    Should be more performance based


  10. "Senior Mortgage Servicing Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Elmhurst, IL
    Former Employee - Anonymous Employee in Elmhurst, IL
    Recommends
    No opinion of CEO

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

    Pros

    They paid really well. You learn a lot. Time off program was fantastic.

    Cons

    The ever changing schedules. No opportunity for advancement.


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