HSBC Holdings Reviews | Glassdoor

HSBC Holdings Reviews

Updated August 21, 2017
2,066 reviews

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

2,066 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Summer Analyst"

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

    I worked at HSBC Holdings as an intern

    Pros

    Open culture, low heirarchy, people genuinely want to help you

    Cons

    HR doesn't get back with offers for weeks. You don't know where you stand.

    Advice to Management

    Get it together


  2. "Contract role - Sr. Business Analyst / Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Project Manager in New York, NY
    Former Contractor - Senior Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings as a contractor (More than a year)

    Pros

    -Relaxed work environment
    -International office
    -Centrally located
    -Work/life balance

    Cons

    -Too much bureaucracy to get anything done; many useless meetings
    -Too many managers and levels to get anything approved
    -Unpredictable job security - can be terminated at a week notice
    -Bank lagging reputation in services and in general being in the forefront of financial offerings in US
    -OK pay, not great

    Advice to Management

    -Remove unnecessary level of bureaucracy

  3. "Auto Loans Collection"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Collections in San Diego, CA
    Former Employee - Collections in San Diego, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good staff. Fun Job. Great Management.

    Cons

    None. This was a great place to work.

    Advice to Management

    Raise Pay.


  4. "Rapidly changing organization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Transformation Manager in Aurora, IL
    Current Employee - Business Transformation Manager in Aurora, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great benefits and vast opportunities for career growth. There are tons of opportunities to improve the bank and thus tons of interesting work available.

    Cons

    Change happens so fast that direction and goals are hard to meet due to constant change in direction. Employment is not certain for anyone as the bank transforms and with deep cuts in headcount, there are deep gaps of knowledge.

    Advice to Management

    More transparency on changes so goals pursued don't become irrelevant.


  5. "Premier Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings full-time

    Pros

    One of the biggest bank around the globe to work for

    Cons

    One of the biggest bank around the globe to work for - hard to get things done


  6. "Loan Servicing Representative III"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Servicing Representative in Brandon, FL
    Current Employee - Loan Servicing Representative in Brandon, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great People, A lot of work, Good amount of TOP. When you find the right manager and team it is a great fit that feels like a family.

    Cons

    Pay was not great. In order to advance it is who you know not how well you work. MOST managers don't even know how to do the work that their team does.

    Advice to Management

    Learn to do every function that you team does.


  7. "Pay packet as per Industry Standards"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

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

    Pros

    Work Life Balance, good compensation

    Cons

    Lacks innovation and Senior Management is Risk Averse,Limited learning opportunities

  8. "Big & Mostly Dysfunctional"

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

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

    Pros

    Nice people.
    Fairly relaxed atmosphere, not high pressure.

    Cons

    The DOJs DPA against the bank has really impacted U.S. employees.

    Hire many unqualified people for risk related roles.

    Highly matrixed organization.

    Advice to Management

    Company and businesses appear too big to manage effectively, to many middle managers who provide little value.


  9. "Retail Banking and Wealth Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Retail Banking and Wealth Management in New York, NY
    Current Intern - Retail Banking and Wealth Management in New York, NY
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at HSBC Holdings as an intern (Less than a year)

    Pros

    Great culture and genuinely nice people

    Cons

    Everything IT is not good. From calling for assistance on systems to the systems themselves are outdated.

    Advice to Management

    Need to upgrade all technology


  10. "Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings full-time

    Pros

    The culture is very open.

    Cons

    Decision making process is very slow. It takes more time to discuss than to take action.


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