HSBC Holdings Reviews | Glassdoor

HSBC Holdings Reviews

Updated April 26, 2017
1,921 reviews

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3.0
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HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
310 Ratings

1,921 Employee Reviews

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Pros
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More Pros and Cons

  1. "Dependent on Management and Environment"

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

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

    Pros

    Very accomadating and good benefits

    Cons

    Depending on management, the work environment can change. Sometimes positive and sometimes negative.


  2. "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.


  3. "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


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  5. "Consultant"

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

    I worked at HSBC Holdings (More than 10 years)

    Pros

    Good People Great Teams and work life balance

    Cons

    Bad Strategy too many processes and approval

    Advice to Management

    Not just saying agile doing/managing agile is very important.


  6. "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.


  7. "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!


  8. "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


  9. "Research Analyst"

    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
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings (More than 10 years)

    Pros

    Global client platform, pressure from business is moderate, hours are reasonable, freedom to come up with own research themes/focus, international and friendly atmosphere among colleagues

    Cons

    Management support is non-existent, opportunities for career development are scarce, very political environment, variable compensation has been flat to lower for number of years


  10. "A"

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

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

    Pros

    Flexible hours to work remotely and holidays

    Cons

    Terrible IT systems, overly complex process, inefficiencies in all parts of the bank.

    Advice to Management

    Need to better recognize the small wins and appreciate good people while recognizing those who just play political but do not do any real work in making it improvements


  11. "HSBC Securities USA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director, Global Banking and Markets in New York, NY
    Former Employee - Director, Global Banking and Markets in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Decent pay for banking, nice people, good work life balance

    Cons

    Very difficult to get things done, lots of bureaucracy, UK holds power over US divisions, hard to succeed unless you are a British or an International Manager

    Advice to Management

    Management needs employee relationship training, company needs technology improvements,


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