HSBC Holdings Reviews in New York City, NY | Glassdoor

HSBC Holdings New York City Reviews

Updated April 21, 2017
360 reviews

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New York City, NY Area

2.9
Star Star Star Star Star
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HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
73 Ratings

360 Employee Reviews

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Pros
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More Pros and Cons

  1. "Large, slow firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

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

    Pros

    Large firm, good benefits package. Very stable, job stability very good.

    Cons

    Pay is below market average unless you are a MD. Teams are below average, which makes work harder. Especially painful if you worked for other firms before.


  2. "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


  3. "I Like It Here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Production Support Engineer in New York, NY
    Current Employee - Senior Production Support Engineer in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    I like HSBC. Tough but fair place to work.

    Cons

    Wish they still had a cafeteria with the reduced coporate meal plan. Wish they had a gym on site in NYC like UK office. Too many money scandals.


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  5. "Positive experience with my manager. Not micro managed."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Administrative Assistant in New York, NY
    Current Employee - Senior Administrative Assistant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits, compensation, great people to work with, again with my manager I work freely and not micromanaged, great location to work.

    Cons

    Systems are out dated. Senior management tries to get you to do multiple peoples jobs for one salary. Good employees get over worked to the core. Bad employees get of the hook

    Advice to Management

    Stop assigning other peoples jobs to one person


  6. "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


  7. "Look elsewhere. Better opportunities"

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

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

    Pros

    Cultural diversity, global, great people.

    Cons

    Slow to change. Very siloed. Massive cost cutting measures in place. No stability or long term future with all of the scandals and refusal to make real lasting changes at the top of the food change. Learn what you can and MOVE ON.

    Advice to Management

    Clean up your act. Corrupt and inconsistent banking and lending practices (money laundering for drug deala, terrorists and tax evaders), antiquated systems that are incompatible and not trrating your staff right or paying them a decent wage is hurting you.


  8. "A lot of remote working options"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Recommends
    Neutral Outlook

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

    Pros

    Many opportunities to work remote

    Cons

    Please avoid Red tape, not good for anyone!

    Advice to Management

    Avoid red tape!


  9. "Sr. Core Java Developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor in New York, NY
    Current Contractor - Anonymous Contractor in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great Work Life Balance here

    Cons

    Need to follow internal controls


  10. "Good benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Banking Relationship Manager in New York, NY
    Current Employee - Business Banking Relationship Manager in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Competitive pay and employee benefits and flexible
    Work scheduling. Reasonable Vacation days and carryover days that can be extended for the next yr.

    Cons

    Under the division segment - to many initiatives being deployed without having the resources ready and disconnect among some employees to it.

    Advice to Management

    Make realistic and specific changes within specified time period


  11. "VP Premier relationship Advisor Role"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Premier Relationship Advisor in New York, NY
    Former Employee - Vice President Premier Relationship Advisor in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    There aren't any pros to working here

    Cons

    They find every excuse not to pay bonuses. They micro manage employees. They expect you to work overtime and not pay you for it. Branches are in disrepair. Awful customer service. Lack of competitive products to see. They promise a book of thousands of 'affluent' customers but they don't have any. They force you to sell products unsuitable to clients needs. Zero advancement opportunities.

    Advice to Management

    Stop forcing employees to sell insurance and annuities products to people who don't need them



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