HSBC Holdings Reviews | Glassdoor

HSBC Holdings Reviews

Updated April 21, 2018
7,016 reviews

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3.5
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HSBC Holdings Group Chief Executive John Flint
John Flint
67 Ratings

7,016 Employee Reviews

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  1. "fun place to work for"

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

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

    Pros

    the best part of working for HSBC is that you get the chance to work remotely, flex hours, and great management

    Cons

    bonus package gets smaller each year


  2. "Great place to work!"

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

    I have been working at HSBC Holdings full-time (More than 5 years)

    Pros

    The work life balance here is wonderful. Obviously it depends on your manager the level of flexibility you have. *Most* departments allow remote work schedule. There is opportunity for advancement. Great work is acknowledged and does not go unnoticed.

    Cons

    Seems like every year right around bonus/raise time, upper management discloses bank “downfalls” and gives excuses why raises or bonuses won’t be too great.

  3. "Moving Target"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technology Services in Chicago, IL
    Former Employee - Technology Services in Chicago, IL

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

    Pros

    Opportunities world-wide for mobile individuals
    Vast array of technologies to learn
    Colleagues are fantastic

    Cons

    Constant moving target; what's the strategy? what's being kept or not? what's the new org or the month?
    Continuous layoffs for past several years
    Constantly asked to do more with less
    Ever changing senior management in some areas

    Advice to Management

    Focus on operating costs that make a difference, not the ones that are non-discretionary to run the business. If the business can't afford the cost it takes to run, that business should be deprecated/sold. Focus where you can win and stop wasting effort where you cannot. Do not keep drawing the pain out. Lastly, the fairly recent trend of bringing in new management and the influx of their crews is costing you people that truly care about the company...not just the next gig.


  4. "Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    I worked at HSBC Holdings full-time

    Pros

    Work-life balance
    Work with different countries' people globally

    Cons

    Some technology and tools are conventional and outdated


  5. "Great company to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings full-time

    Pros

    Great benefits, culture and salary

    Cons

    There were no cons for this company


  6. "Great international firm with lots of opporunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources ANALYTICS
    Former Employee - Human Resources ANALYTICS

    I worked at HSBC Holdings (More than a year)

    Pros

    huge opportunity to shift to different department/function within the company, and lots of oversea working opportunity

    Cons

    slow on changes and technology


  7. Helpful (4)

    "Disorganized, but Some Great benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President/Director in New York, NY
    Current Employee - Vice President/Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at HSBC Holdings full-time (More than 5 years)

    Pros

    Time Off Program (TOP) - A VP starts with 25 days off. It increases every 5 or so years by a week too.

    Working from Home/Remote - HSBC has great flexibility to work from home.

    They encourage changing roles to learn other areas of the bank. Movements are not discouraged.

    Cons

    This place is chaos. It's very hard to make important changes at an intuition this large. In addition, since the parent company is in London, many of the Key Risk Indicators and standards are based on UK standards at the global level and do not account even for the way more stringent US regulatory requirements.

    If you stay here for a few years, you will be sure to be undervalued and underpaid. The only way to make more money is to work somewhere else. Pay increases are never substantial unless you move up a Global Band tier. Lateral movements do not consider additional responsibility, hours, etc. and are treated the same, so there is no pay increase if you move to VP role to another VP role, regardless of any of the aforementioned factors.

    Advice to Management

    Pay and retain the talented people.

    Give them recognition.

    Organize the place with actual structure. Goes through re-orgs every few years that complicate instead of clarify roles/responsibilities, and reporting lines.

  8. "Great company"

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

    I worked at HSBC Holdings full-time

    Pros

    Flexible working, great gym facilities and ability to move into different roles across all Functions.

    Cons

    A lot of inefficiencies


  9. "Vice President"

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

    I worked at HSBC Holdings full-time

    Pros

    Overall high morale, generous leave, and competitive compensation.

    Cons

    Difficult to attain a promotionz


  10. "loan servicing lead"

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

    I have been working at HSBC Holdings full-time

    Pros

    great upward mobility, and working environment

    Cons

    the mortgage servicing side is closing down.


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