HSBC Holdings Reviews

Updated 24 October 2014
Updated 24 October 2014
971 Reviews
3.5
971 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
284 Ratings

Review Highlights

Pros
  • Work-life balance gets much better starting second year when you are more adapted (in 118 reviews)

  • Work from home is always a plus, but you can't always do so (in 26 reviews)


Cons
  • Terrible work life balance for a great deal of the employees (in 36 reviews)

  • Lots of senior management changes and their dedication in investing US is not clear (in 49 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company

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

    I have been working at HSBC Holdings

    Pros

    Loyal to employees. Great culture.

    Cons

    Bit schizophrenic in strategy that changes every 3 years

    Recommends
    Negative Outlook
    Approves of CEO
  2.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - User Experience Designer/Researcher in London, England
    Current Employee - User Experience Designer/Researcher in London, England

    I have been working at HSBC Holdings as a contractor (less than an year)

    Pros

    relaxed environment, Had varied projects to handle

    Cons

    team members were on different sites, but communication via chat and video conferencing was very helpful indeed

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
  3.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Analyst in London, England
    Current Employee - Investment Banking Analyst in London, England

    I have been working at HSBC Holdings full-time (less than an year)

    Pros

    Easy life to start working

    Cons

    Not as reputable as other competitors

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    KYC Subject Matter Expert

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - KYC Subject Matter Expert in London, England
    Current Employee - KYC Subject Matter Expert in London, England

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    Learning opportunities, multicultural staff, well known brand, working from home

    Cons

    Low salaries, work and life balance

    Advice to ManagementAdvice

    Pay more to keep the professional staff within the company

    Recommends
    No opinion of CEO
  6.  

    Have to get into the right department. Most bad departments are in support functions/ back/middle office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in London, England
    Former Employee - Business Analyst in London, England

    I worked at HSBC Holdings full-time (less than an year)

    Pros

    Good name for the CV. Likely to meet old friends there as it is such a big employer. HQ location is very good.

    Cons

    Too much office politics if not in correct department. Too much bureaucracy due to derisking initiatives. Bad work-life balance. Pay below median.

    Advice to ManagementAdvice

    Connect more with all levels. Simplify management structure. Serious consider pay rises, at least match inflation.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Good at attracting talent, not so good at retaining

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in London, England
    Former Employee - Associate in London, England

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

    Pros

    Global company with an excellent brand and the recognition that goes with it. Ambitious in strategy and well positioned in emerging markets.Huge network and potential to leverage this network with clients.

    Cons

    Not very good at retaining talent as they just don't pay. Mediocrity is in the air and it is hard to differentiate yourself given the lack of reward and incentive culture. They call HSBC the civil service of the banking world.

    The only people I saw rewarded were those who played the political game or threatened to leave the company.

    Loyalty was not rewarded and nor hard work. HSBC is not a meritocracy.

    Advice to ManagementAdvice

    Don't over promise on the graduate schemes. Assign a mentor to the juniors and ensure they are rewarded and motivated for their loyalty to the firm. Pay a market rate for talented future high calibre employees. Promote from within.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - HSS Summer Analyst in London, England
    Former Employee - HSS Summer Analyst in London, England

    I worked at HSBC Holdings as an intern (less than an year)

    Pros

    Good culture, nice people, good work/life balance on the whole, Meaningful work, Reasonable compensation for work done

    Cons

    Work was not really challenging and career prospects were not the best in the very long-run, as well as in terms of exit opportunities

    Advice to ManagementAdvice

    Keep up the good work; increase in size in terms of assets under custody to attract talent

    Recommends
    Approves of CEO
  9.  

    Busy and demanding environment but very interesting and full of opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Customer Service Officer in London, England
    Current Employee - Senior Customer Service Officer in London, England

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    Great working hours, holidays, internal culture and many career opportunities

    Cons

    Very low salary for amount or responsibility and work in the branches

    Advice to ManagementAdvice

    Pay people more and more people will stay in the company without the need to look for something that is better paid

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Premier Relationship Manager - HSBC UK GCB5

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Premier Relationship Manager in London, England
    Current Employee - Premier Relationship Manager in London, England

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    very good company to work

    Cons

    training period and interview process is very tedious

    Advice to ManagementAdvice

    please simplify interview process

    Recommends
    Positive Outlook
  11.  

    The politics get in the way of work

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

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

    Pros

    Great place to work. Some committed colleagues who will genuinely try to help.

    Cons

    Politics get in the way of delivery. Some seriously overworked and disgruntled people around. Some questionable career promotions based on who-you-know rather than merit. What corporate culture!?

    Advice to ManagementAdvice

    Do something to discourage politics. Politics are suffocating project delivery and by consequence bank performance.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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