3.0
24 Aug 2012
Former employee, more than 10 years
Chicago, IL
Recommend
CEO approval
Business outlook
Pros
HSBC has old values that inspire confidence. Culture is also good. They are one of the few who survived the banking crisis with no negative impact to the economy
Cons
Compensation and benefits are about the same as any Fortune 500 company watching the bottom-line. These will continue to decline as HSBC tries to remain competitive. The market rate data is not reviewed/adjusted often enough, so the salaries remain slightly below market, depending on geography.