HSBC Holdings Reviews

Former Employee – worked at HSBC Holdings full-time for more than 10 years

Pros – Relatively good job stability, pay, and benefits. Was a good place to work years ago.

Cons – The company is ridiculously bureaucratic. People say they are busy, but most of what is happening is meeting after meeting with very little or no action. The idea that HSBC can implement systems on a global scale and have decision making for 80+ countries in a few people's hands has created a culture that is slow to move, blames others, and is hyper-political. It is a frustrating place to work if you want to learn and have a sense of accomplishment.

Advice to Senior Management – Go back to regional decision making, especially in regards to IT systems for lines of business that are not naturally global.

No, I would not recommend this company to a friend

Current Employee – been working at HSBC Holdings full-time for more than 7 years

Pros – Good people
Work/ life balance
Opportunities to collaborate with teams in different geographies
Cross cultural exposures

Cons – Low pay
Career promotion dependent on senior manager who are not always fact based in decisions
Senior managers afraid to challenger exec management (new development) means no true leadership.

Advice to Senior Management – Pay staff decently
Make promotions fact based. Have adverse reviews verified and be fact-based.

Former Employee – worked at HSBC Holdings

Pros – Good name on CV, wide exposure in job, good mentors

Cons – the bank will distribute you to different departments by random

Current Employee – been working at HSBC Holdings full-time for more than 3 years

Pros – i like the open culture here

Cons – the pay is not high as expected

Yes, I would recommend this company to a friend

Former Employee – worked at HSBC Holdings full-time for more than 3 years

Pros – CSR activities
Managers are approachable
Diversity and ability to interact with Clients
Plethora of projects in the banking sector.

Cons – Not a paymaster
Switching between the departments is difficult
Learning curve would not be that intense
Majority of projects that are off shored are not lead by the offshore team.

Advice to Senior Management – Respect for peoples aspirations should be given prime importance.
Pay can be negotiated however aspirations cannot!

Yes, I would recommend this company to a friend

Former Employee – worked at HSBC Holdings full-time for more than 8 years

Pros – Nice place to work. Good work ethics.

Cons – None to worry about work

Yes, I would recommend this company to a friend

Current Employee – been working at HSBC Holdings full-time for more than 7 years

Pros – Friendly work environment, the work-life balance is very good.

Cons – No training offered to develop skill set or develop career plan

Former Employee – worked at HSBC Holdings full-time for less than a year

Pros – It is called the "West Point Military Academy" in Banking area in China.

Cons – work under high pressure and fierce competition.

Current Employee – been working at HSBC Holdings full-time for more than a year

Pros – excellent career growth and best compensation package

Cons – none that i know of

Advice to Senior Management – keep up the good work

Yes, I would recommend this company to a friend

Former Employee – worked at HSBC Holdings full-time for more than 8 years

Pros – Variety of opportunities within the company, great people to work with, international opportunities, lots of interesting projects in different verifcals

Cons – Squeezed by the economy, not great work life balance, sometimes short term vision or no vision; buffetted by the winds, some managers great, others not so much

Advice to Senior Management – Raise employee engagement

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