HSBC Holdings Reviews | Glassdoor

HSBC Holdings Reviews

Updated November 20, 2017
6,454 reviews

Filter

Filter

Full-timePart-time

6,454 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
More Pros and Cons

  1. "Associate"

    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

    Good salary comparable to other big banks. Nice people

    Cons

    A bit conservative. It takes a long time to get things done.


  2. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Tampa, FL
    Former Employee - Senior Business Analyst in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A place to learn

    Cons

    Few opportunities for growth and mobility

    Advice to Management

    Try to retain in-house talent!

  3. "Great Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY

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

    Pros

    Global powerhouse with multiple locations

    Cons

    Global and you better be in London


  4. "Software Engineer"

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

    I worked at HSBC Holdings full-time

    Pros

    Work life balance.. Good colleagues

    Cons

    Not much innovation going on


  5. Helpful (1)

    "Objective view"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President, Risk Management in Los Angeles, CA
    Former Employee - Vice President, Risk Management in Los Angeles, CA
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    401k match
    Pay is OK. It's not competitive but it's not the worst
    Great colleagues
    I can't think of anything else.

    Cons

    Hours and responsibilities have increased greatly for retail banking and wealth management division without any increase in pay or even a thank you.

    The core problem with the bank is that they are behind in times in terms of technology and strategy.
    Another problem is that the firm is extremely top heavy. We have so many managers on top of managers that layers are 10 fold than what it used to be.

    We were in a meeting and our head was saying our revenue is pale in comparison to our spending. So what do they do? Cut tellers who are making 14-15 dollars/hour. All I've thought about was why not trim the fat up top and create more transparency and save 100s of thousands of dollars? That's because layers are safer for the guys on top to protect their position.

    From my understanding the heads run the bank by a spreadsheet. It's similar to Marxist theory. Works on paper but doesn't work in real life.

    The branches are thirsty for resources and now the hours have increased. So now we have increased hours with less resources, which leads to poor customer service.

    New tech has led to even longer hours because there's no alpha or beta testing and they just roll it out.

    I really hope the top management gets their heads together and think things through before making any big changes like this.

    Advice to Management

    Don't only rely on spreadsheets and set the correct strategy. Make sure to alpha and beta test new tech before rolling them out. It's a sloppy way of leading.


  6. "Senior Financial Analyst"

    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

    Strong compliance culture. Well documented work processes.

    Cons

    Heavy micro-management. Collaboration not encouraged.


  7. Helpful (2)

    "HSBC"

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

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

    Pros

    People are nice at HSBC

    Cons

    Pay, commercial/business attitude are lacking

    Advice to Management

    Fire more of the useless bureaucrats

  8. "ABSOLUTELY HORRIBLE"

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

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

    Pros

    NONE - other than actually having a job with sub par benefits, no raise, no bonus in 3 years absolutely nothing positive to say about this place.

    Cons

    EVERYTHING - senior Mgmt is completely disconnected and could care less about their employees or their well being. ZERO WORK LIFE BALANCE - managers lie tot heir superiors to make themselves look good. Hide defects and flaws especially if it was their decision.

    Onsite monitor due to DPA when fines almost 2 billion and no end in sights so do what is necessary to hide and get around the way it should be.

    US business run like UK business - that doesn’t work which is why so many people are miserable. Zero technology manual manual manual.

    Advice to Management

    Start to value the ppl that sacrifice their home life, their personal well being and work their rear off. Wake up and realize you got to where you are because of good ppl not the incompetent ppl you like and are protecting.


  9. Helpful (2)

    "BRB"

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

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

    Pros

    large corporation, No micromanagement, exposure to multiple cultures , fair compensation

    Cons

    constant management changes, lack of direction, the company fails to keep its words.

    Advice to Management

    get a clear direction of where do you want the company moving forward. Dont focus on just cost cutting but find ways to generate more revenue. Promote more from within and reduce amount of compliance work


  10. "Employee Friendly"

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

    I have been working at HSBC Holdings full-time

    Pros

    I have a wonderful experience with the firm.

    Cons

    Hard to achieve your career goals if you are working outside London


Showing 6,454 of 7,061 reviews
Reset Filters