HSBC Holdings Reviews

Updated 19 October 2014
Updated 19 October 2014
969 Reviews
3.4
969 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.  

    Professional working environment

    • 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 (less than an year)

    Pros

    International Opportunities
    Good career coaching and progression - especially for internationally dynamic individuals

    Cons

    Large organisations are by nature rife with inefficiency and HSBC is no different!

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    n/a

    • 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 full-time

    Pros

    good people. lots of different opportunities in departments and parts of the world. stable bank, best in uk banking sphere.

    Cons

    poor pay, too much bureaucracy, too big to manage,

    Recommends
    Negative Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Stable, flexible working but not as rewarding as it should be.

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

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

    Pros

    - flexible working, able to work from home once if not twice a week. Able to buy & sell holiday entitlement.
    - good pension scheme
    - relaxed working environment
    - less redundancies than other banks
    - most colleagues tend to be friendly

    Cons

    - career progression can be extremely difficult, hard workers don't seem to be rewarded accordingly. Much a case of 'who's best friends with the boss'.
    - bonuses around 8-10% for above average yearly performance.
    - payrises can be paltry some years (try £100 annual payrise!)
    - training has been an issue, external training budget non existent
    - senior management don't seem to care too much about those who actually do the work

    Advice to ManagementAdvice

    Offer promotions to those who put in the hours and work hard. Pay more, you're seriously lagging behind.

    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Great company to work for

    • 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

    Intelligent people.
    Good working hours.
    In-house usage of applications to make yours as well as clients life easier.

    Cons

    Poor pay compare to other banks.
    Too many layers of hierarchy.
    Career progression is slow.

    Advice to ManagementAdvice

    Support your employees in their career progression when they have abilities instead of holding them back.

    Recommends
    Positive Outlook
  6. 2 people found this helpful  

    Great company to work for

    • 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 full-time (less than an year)

    Pros

    Diversity and inclusion and good culture and values

    Cons

    bureaucracy and lagging behind in technology as compared to competitors

    Advice to ManagementAdvice

    more development days

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Very supportive team environment

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

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

    Pros

    culture is about collaboration, and fairly good work hours, good internal career opportunities

    Cons

    pay is not very competitive

    Advice to ManagementAdvice

    up the pay for ordinary employees

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Fantastic

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

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

    Pros

    - Great work/life balance
    - Fantastic facilities
    - Great people

    HQ is a fantastic building and great place to work, food is of high quality and cheaper than local places

    Cons

    - Extra's can be expensive (gym is more than local places)
    - Could be more integration between teams there is little interaction with other teams / departments

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    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 (more than an year)

    Pros

    A very good work environment.

    Cons

    I got none !

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    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 (less than an 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
  11.  

    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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