HSBC Holdings

  www.hsbc.com
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HSBC Holdings Reviews

Updated Jul 28, 2014
All Employees Current Employees Only

3.3 943 reviews

78% Approve of the CEO

HSBC Holdings Chief Executive Stuart T. Gulliver

Stuart T. Gulliver

(271 ratings)

62% of employees recommend this company to a friend

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
943 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    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

    Associate Project Manager (Current Employee) London, England

    ProsThe other graduates on the programme are friendly and supportive

    ConsLimited 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 Senior ManagementMore guidance and support for graduates who have completed the programme

    No, I would not recommend this company to a friend

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    • Approves of CEO

     

    Not the best choice for an investment banking career

    Director (Former Employee) London, England

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

    ConsInvestment 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 Senior ManagementLack of leadership of the investment banking advisory business

    No, I would not recommend this company to a friend

     

    hsbc corporate banking

    Anonymous Employee (Current Employee)

    ProsGreat people
    nice atmosphere

    ConsPay less htan industry average

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    Heavy organisation not clearly heading anywhere but stable.

    Anonymous Employee (Former Employee)

    ProsIt 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.

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

    Advice to Senior ManagementStick to a direction for more than a year.

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    • Approves of CEO

     

    Best place to work

    Project Manager (Current Employee) London, England

    ProsThe 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.

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

    Advice to Senior ManagementPlace 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.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Approves of CEO

     

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

    Developer (Current Employee) London, England

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

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

    Advice to Senior ManagementConstantly improve and update technology to be a leader within the industry, better pay

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Senior Management
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    • Approves of CEO

     

    Good work / life balance

    Director (Current Employee) London, England

    ProsGood work / life balance

    ConsInvestment banking pay lower than most

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    Summer internship experience

    Summer Associate (Former Employee) London, England

    ProsGood guidance from team members, arranged events that helped interacting with senior bankers

    ConsIT infrastructure needs improvement, admin processes are a bit slow

    Advice to Senior ManagementSummer internship is very well structured and a big thanks for letting so many UK grads to help start their career through this experience in HSBC

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    HSBC Securities Services Edinburgh

    Trustees (Current Employee) Edinburgh, Scotland

    ProsWide range of departments were you can work for and get great experience across investment operation process

    ConsPlenty overtimes to do. Very high volumn of work

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Hit or miss depending on department or team.

    Anonymous Employee (Current Employee)

    ProsSafe company in tough times, despite what seems regular cut backs. Funding for staff development has not been cut back. Lots of opportunities as such a huge employer, just need to find the right area for you (something I have not achieved thus far). Generally a good overall culture.

    ConsVery bad management in many areas. Development plans are encouraged within team, but then very rarely lead to promotion. Salary below market rate on average across group. Expenses constantly cut back for Shareholders and profits, but nothing seems to be re-invested in company. End of year rating system with set benchmarks for each grade is flawed.

    Advice to Senior ManagementTake more notice of the little guy and really examine who's in charge. Some managers who have been in the role for ages might not necessary be the best people for the job.

    Yes, I would recommend this company to a friend

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