HSBC Holdings Reviews in Jersey City, NJ | Glassdoor

HSBC Holdings Jersey City Reviews

Updated May 5, 2017
18 reviews

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Jersey City, NJ

2.9
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HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
4 Ratings

18 Employee Reviews

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Pros
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More Pros and Cons

  1. "Innovative, forward thinking with advancements in technology greater than most companies."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Jersey City, NJ
    Former Employee - Vice President in Jersey City, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great compensation for talented individuals! Fast paced, progressive and innovative company. Diversity a plus with female leadership in exec ranks!

    Cons

    Huge company, 300k employees, US operation second fiddle to U.K.; most US employees will never see exec leaders of company except through video.

    Advice to Management

    Be present more ; loyal talented employees will always be your most important asset


  2. "Not technology savvy."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Software Engineer in Jersey City, NJ
    Current Contractor - Senior Software Engineer in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at HSBC Holdings as a contractor (More than 3 years)

    Pros

    Salary is good..that's all... get client letters for contractors which assists during stamping and visa extensions..

    Cons

    Use outdated technologies..lots of discrimination between employees and full time..inflexible with timeliness and work from home policies.. beauracratic administration . Devops and process not used at all.


  3. "Business Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Jersey City, NJ
    Current Employee - Senior Business Analyst in Jersey City, NJ
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time (More than 8 years)

    Pros

    Global company that allows interaction with lots of offices around the globe.
    Good benefits

    Cons

    Very bureaucratic
    Slow progress on projects


  4. "good consulting"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Jersey City, NJ
    Former Employee - Software Engineer in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    management is very good.good pay

    Cons

    none really.keep up the good work guys

    Advice to Management

    good job


  5. "Human Resources"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regional Manager in Jersey City, NJ
    Current Employee - Regional Manager in Jersey City, NJ
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Remote Access, involved in community activities, promotes diversity

    Cons

    Do not invest in the development of co-workers, upper management agrees with functional managers in all cases involving their staff. Never look into performance appraisals rebuttals.

    Advice to Management

    Assess your management and departmental management staff as your operational/functional managers assess their staff.


  6. Helpful (3)

    "bureaucracy at its best"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    They offer decent work-life balance and vacation days

    Cons

    management that has no functional/technical skills in the area they are managing because they were hired by their friends in senior management. Nobody knows what they are doing and so things never really get done adequately. No investment in the career of their employees which is why they have a low employee-retention. Management makes promises that never come to light unless it serves to benefit them more. Likewise, career opportunities are only offered when they serve to benefit the management more than the employee. The good ones end up leaving once they realize what's really going on.
    HR is almost nonexistent. I have never met my HR rep (if i have one) They do nothing to assist employees with HR-related issues. Intact, any complaint to HR usually comes back to bite the employee

    Advice to Management

    Bring in good talent, invest in their careers and and make effort to retain them. Don't hinder their growth simply because you feel threatened about your own job. Keep in mind that what you sow (whether good/bad), you shall reap


  7. "AVP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Jersey City, NJ
    Former Employee - Assistant Vice President in Jersey City, NJ
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    Great benefits for this company

    Cons

    Old technology and change takes a long time

    Advice to Management

    listen to your employees


  8. "Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Compliance Analyst in Jersey City, NJ
    Current Employee - Compliance Analyst in Jersey City, NJ
    Recommends
    Neutral Outlook

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

    Pros

    Flexible work schedule and very diverse

    Cons

    no set policy,. Things change rapidly with no just cause


  9. "Bad experience, terrible company culture, no communication"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Pay wasn't bad, excellent family leave including paternal policy. Remote work from home. Flexible on schedule. Good time off policies.

    Cons

    Nobody I worked with actually liked the company...it's very telling when most employees don't open bank accounts with their own company!? Management has no idea what they are doing and the wrong people are constantly promoted. They can't get out of their own way when it comes to processes and procedures. There is so much red tape that it's tough to actually get your job done.

    Advice to Management

    Too many things to fix that they wouldn't know where to start.


  10. "High pay, great benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Pay is high and benefits are very competitive in the industry. 401k match of 6% is great. Freedom to work from home.

    Cons

    Cost cutting culture, feels like they are always announcing new restructuring and layoffs. Seem to overlook US division in favor of international operations.

    Advice to Management

    none


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