HSBC Holdings Reviews | Glassdoor

HSBC Holdings Reviews

Updated May 24, 2017
5,708 reviews

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5,708 Employee Reviews

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  1. Helpful (3)

    "Not the worst place to work but far from one of the best"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Buffalo, NY
    Current Employee - Vice President in Buffalo, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Time off program is very generous. Working remotely is encouraged.

    Cons

    The technology issues are comically bad. The amount of red tape is staggering. Star employees are oftentimes abused, getting the work of 2 or 3 FTEs. It's incredibly easy for poor employees to just keep collecting paychecks with no consequences Job security: if your job can be offshored, your job WILL be offshored. Compensation is extremely out of whack, if they get you cheap initially, good luck trying to get fair market value.

    Advice to Management

    Stop with the schizophrenia, find a path and stick to it. Start valuing your top performers. Cut back on the massive offshoring of jobs, it's incredibly demoralizing.


  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. "The Highs and the lows"

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

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

    Pros

    Salary, they pay well but money isn't everything.

    Cons

    The culture is a revolving door. Very much a NYC only important culture. The loss of long term employees in the end will hurt the business.


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  5. "Unit Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Collections Manager in Tampa, FL
    Former Employee - Collections Manager in Tampa, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at HSBC Holdings (More than 10 years)

    Pros

    Enjoyed working with my immediate co workers

    Cons

    Leadership team, need to understand the needs of their employees.

    Advice to Management

    To many mixed messages which caused a very dysfunctional environment.


  6. "A Good Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in New Castle, DE
    Former Employee - Senior Business Analyst in New Castle, DE
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Hands down, the people were the best feature of this job. Everyone with whom I worked was professional and dedicated to the job. The company itself offered competitive salaries with good benefits. Work from home option was nice, as was the flexible schedule and tuition reimbursement perks.

    Cons

    While my career advancement was not hindered in any way, it was also not strongly encouraged. By that, I mean that management would not take an active role in propelling you forward. It was left entirely up to you -- which, if you are unaware of opportunities or how your skills could best be utilized, you'd end up missing out on potential career advancement opportunities.

    Advice to Management

    Take a more proactive approach to cultivating your employees. It will build a stronger team and lift the expectations and potentials of the individuals.


  7. "Vice President"

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

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

    Pros

    Co-workers and middle management are really very nice people. Can position your self well for global jobs and travel if you manage your career pathing the right way.

    Cons

    It's all about cost cutting, which means off shoring everything they can. They'll cut your job in a heartbeat if they think it's possible and it will save them a buck.

    Advice to Management

    Focus on providing quality products and services, this unfortunately is being sacrificed for cost savings.


  8. "VP HUMAN RESOURCES"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Human Resources in Miami, FL
    Current Employee - Vice President Human Resources in Miami, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time (More than 8 years)

    Pros

    Principle and values driven organization. Globally connected.

    Cons

    demanding regulated environment and compliance driven

    Advice to Management

    Keep breaking paradigms


  9. "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


  10. "Large Elephant - with its benefits and drawbacks"

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

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

    Pros

    Large Elephant - will always survive, despite many problems

    Cons

    Large Elephant - heavy, slow to move and has many problems, like financial scandals, poor oversight, unmotivated employees, political clans...

    Advice to Management

    Respect the ethos you are requiring from your own employees.
    Pay your employees better, maybe you'll hire better ones and will avoid scandals.


  11. "Relationship Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Recommends
    No opinion of CEO

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

    Pros

    Great environment, open company, great benefits.

    Cons

    Must move for next step in your career, no much opportunities in DC


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