HSBC Holdings Reviews | Glassdoor

HSBC Holdings Reviews

Updated June 25, 2017
5,831 reviews

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Full-time Part-time

3.3
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HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
1,333 Ratings

5,831 Employee Reviews

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Pros
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  1. "Business Manager"

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

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

    Pros

    Professional people who work as a team

    Cons

    Global Model communicated but some of the initiatives were no feasible for regional business

    Advice to Management

    Listen to regional feedback


  2. Helpful (2)

    "Great place to work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Affidavit Specialist in Brandon, FL
    Former Employee - Affidavit Specialist in Brandon, FL
    Approves of CEO

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

    Pros

    I worked for HSBS Mortgage Services and really loved it! For being a worldwide global bank they did a good job treating their employees well. HSBC trained and gave us opportunities to work in several different departments, if you had a willingness to learn. We were given great base pay plus monthly incentive bonuses that rewarded individuals and teams for our quality of work and production, plus excellent company benefits that included: choice of 3 medical and dental plans, 401K with company match (up to 10%-I put in 4% they put 6%), generous amount of TOP time and holiday pay, HSA with $1k annual company contribution, FSA, short and long term disability pay, discounts though corporate perks website, company paid life insurance equal to your previous year's annual pay. Additional perks also included: casual dress code, flex time, team building events, monthly dept meetings for updates that also included playing games, free lunches, dept contests, employee anniversary luncheons, in-house cafeteria, in-house gym, side by side training but the best part was I made LIFE-LONG FRIENDS!

    Cons

    Unfortunately, corporate decision was made to close the Brandon, FL facility and no longer continue servicing loans in the US, otherwise I never would have left the company!However, sufficient notice and the generous severance package that was offered made leaving easier though.

    Advice to Management

    Continue to be honest with employees


  3. Helpful (2)

    "Get out while you can!"

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

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

    Pros

    Benefits are quite nice, nice office on 5th ave...

    Cons

    Senior management is quite disconnected from the daily operations of the company. They make business decisions based solely on spreadsheet and balance sheet analysis, with no understanding of the realities behind those numbers. Too focused on cost cutting without understanding the productivity behind those costs, outsource just to save money, not to improve productivity, as such productivity is destroyed.

    Advice to Management

    They are too far gone to understand the damage they are doing to the company.


  4. "A company that truly invests in the employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President Project Manager II - Senior Tech PM in Tampa, FL
    Former Employee - Assistant Vice President Project Manager II - Senior Tech PM in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I worked for a demising division of HSBC, and having been a part of that culture with other employers in the same industry, I can say that HSBC has gone above and beyond to care for their employees. The provide just about every avenue I can think of to promote growth, work/life balance and philanthropy. I would recommend them as an employer to anyone, at any time. Management is excellent and supports their employees to grow and succeed, and the benefits are top of the line.

    Cons

    Even though they still have a corporate center in NY and a small retail banking presence, they no longer have a diversified presence in the US. Unless you are able to work remote for a global position or relocate, positions are minimal.

    Advice to Management

    No advice, just a thank you for all you have done for me! I am grateful for my tenure with your organization.


  5. Helpful (1)

    "Summer Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Summer Analyst in New York, NY
    Current Employee - Investment Banking Summer Analyst in New York, NY
    Doesn't Recommend

    Pros

    - supportive team and good coaching/mentoring
    - good deal flow in my team

    Cons

    serious management issues, unacceptable for a bank like HSBC:
    - verbal return offer from multiple sources but don't matter, they can't keep their word
    - difficult to get a hold of HR, not picking up phone calls, emails, etc.
    - not really merit- or performance-based, but rather sponsorship-based (avoid if you are not an American citizen because they do not want to sponsor you!)


  6. "Great Place But Lacks Opportunites in the U.S"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Info Management Analyst in Tampa, FL
    Current Employee - Senior Business Info Management Analyst in Tampa, FL
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Very diverse, fair place to work in.
    Has great benefits that can cover same-sex couples and partners (couples that are not legally married).

    Cons

    Not enough opportunities in the United States :(
    Doesn't offer many courses or programs for advancement
    Managers need to take more management courses. Some are just programmers who were promoted (lacks people skills).

    Advice to Management

    Take some courses to better your people skills!
    Stop programming! You're a manager now!


  7. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Consulting Analyst in Elmhurst, IL
    Former Employee - Senior Business Consulting Analyst in Elmhurst, IL
    Neutral Outlook
    Approves of CEO

    I worked at HSBC Holdings (More than 5 years)

    Pros

    Great Benefits, 401K, management allows you to be self sufficent

    Cons

    Unfortunately the Mortgage Lending area is Liquidating portfolio


  8. "boring. people were all waiting for their retirement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Officer in Olympian Village, MO
    Former Employee - IT Officer in Olympian Village, MO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Name. to build up your resume. people believe in bug names

    Cons

    able to stand the bore . keep idol for a long time with no job satisfaction


  9. "Product Intelligence Consultant"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Global Scope and great IT and Ops team

    Cons

    Would benefit from more business intelligence

    Advice to Management

    Keep believing in you r team commitment


  10. "Manager"

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

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

    Pros

    HSBC is a global bank

    Cons

    Seems all the branches are going away

    Advice to Management

    No advise for the managers


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