HSBC Holdings Reviews

Updated 12 September 2014
Updated 12 September 2014
958 Reviews
3.4
958 Reviews
Rating Trends

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

Review Highlights

Pros
  • The organizations offers decently fair work life balance and job security (in 114 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 34 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.  

    Very good

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

    I worked at HSBC Holdings full-time for more than a year

    Pros

    A very good work environment.

    Cons

    I got none !

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    great learning, ability to work with different teams

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

    I worked at HSBC Holdings as an intern for less than a year

    Pros

    - Job security - layoffs are less frequent than in other major banks due to very diversified business model focusing on global presence
    - good office
    - relatively relaxed working culture (if 'relaxed' can be applied to banking at all) - you can guarantee yourself work-free weekends if you notify your MD in advance
    - strong focus on emerging markets - this is what distinguishes HSBC from other banks (not always an advantage, but definitely an important part of their strategy)

    Cons

    - although most people are quite nice, they are not from the top of the league. Many come from big 4 rather from other banks
    - huge corporation so lots of bureaucracy - it may take few weeks to fix an air con on your floor

    Advice to ManagementAdvice

    - implement 360 review
    - be more selective to candidates

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Very good place to work at

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

    I have been working at HSBC Holdings

    Pros

    Extreme flexibility in movin internally in the firm. And vey good work life balance

    Cons

    Can do better to match market analyst salaries

    Advice to ManagementAdvice

    More emphasis on 8×8 structure and impeoving performance reviews

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    After 2 years on the HSBC graduate programme and a year in the Bank afterwards, there are next to no opportunities

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

    I have been working at HSBC Holdings full-time for more than 3 years

    Pros

    The other graduates on the programme are friendly and supportive

    Cons

    Limited opportunities for career development, limited scope for new challenges, below market compensation for a role when you are promoted to it internally rather than externally. Once you have completed the graduate programme and secured your first management position, the career development opportunites dry up.

    Advice to ManagementAdvice

    More guidance and support for graduates who have completed the programme

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Not the best choice for an investment banking career

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

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

    Pros

    A more relaxed working environment than I have experienced at other banks - but this can also be a frustration

    Cons

    Investment Banking Advisory is never going to be a priority business. Compensation levels are below those at other banks - particularly US investment banks. Increasingly focussed on a small number of industry verticals that play to the bank's strengths - this may make strategic sense but offers less opportunities for staff

    Advice to ManagementAdvice

    Lack of leadership of the investment banking advisory business

    Doesn't Recommend
    Approves of CEO
  7.  

    hsbc corporate banking

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings

    Pros

    Great people
    nice atmosphere

    Cons

    Pay less htan industry average

  8.  

    Heavy organisation not clearly heading anywhere but stable.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    It pays ok and it can't really blow up, allows for good life balance and provides some good benefits. The size of it gives it tremendous potential.

    Cons

    The company is Highly Political, and very slow, and management often doesn't make sense doesn't communicate and changes directions too much

    Advice to ManagementAdvice

    Stick to a direction for more than a year.

  9.  

    Best place to work

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

    I have been working at HSBC Holdings full-time for more than 10 years

    Pros

    The worlds your oyster providing you are willing to commit time and energy to your personal development, you must lead the way and take hold of your destiny. You will always be supported, guided and encouraged.

    Cons

    Everyone is so busy. Responsibility is huge on senior managers which makes time very precious.

    Advice to ManagementAdvice

    Place more focus on leadership roles devoloping their people and directs, there isnt enough of this going on and for the good of the future and to protect the brand more attention is needed here.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    A good experience with a chance of always being given the opportunity to take on other projects

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

    I have been working at HSBC Holdings full-time for more than a year

    Pros

    Good pension, friendly work culture, great location, good support for professional development

    Cons

    Poor pay, internal promotion pay is poor too, long internal processes, old and in some cases slow technology

    Advice to ManagementAdvice

    Constantly improve and update technology to be a leader within the industry, better pay

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Good work / life balance

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

    I have been working at HSBC Holdings full-time for more than 3 years

    Pros

    Good work / life balance

    Cons

    Investment banking pay lower than most

    Recommends
    Positive Outlook
    Approves of CEO

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