HSBC Holdings Reviews

Updated 29 September 2014
Updated 29 September 2014
960 Reviews
3.4
960 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
279 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 35 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.  

    Neutral

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Sydney
    Current Employee - Personal Banker in Sydney

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

    Pros

    Strong HR system, comparatively higher pay, strong networking

    Cons

    Lack of technology to back up on work loads, compliance focus, constance changing on policies and procedures, lack of training

    Recommends
    Neutral Outlook
  2.  

    A great org for offshore opportunities but it engenders poor management behaviour.

    • 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

    1) Great org for opportunities to work abroad. They're there but you will have to lobby for it so it's not the most talented who'll advance.
    2) Superb enthusiastic people at the low to middle ranks. I mean it.
    3) Cost cutting burden not shared by management.

    Cons

    1) Opps to work offshore encourages showboating. You will have frenemies.
    2) Very poor leadership. Current management displays strong self entitlement. If you can live with this, this is a great place accumulate scar tissue. What doesn't kill you...

    Advice to ManagementAdvice

    No thanks. Have tried. Deaf ears.

    Doesn't Recommend
    Negative Outlook
  3.  

    Good people but bureaucratic

    • 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 for more than 3 years

    Pros

    Good team and good benefits. Very easy to get to know the breadth of the business. Good opportunities across teams and between countries

    Cons

    No real development structure, hard to be promoted within a function, too much reliance on manuals and procedures in place of balanced decisioning making, since the Deferred Prosecution Agreement local countries' decision making is severely limited

    Advice to ManagementAdvice

    Understand your business and market before making the manuals

    Recommends
    Positive Outlook
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  5.  

    Overall a good company. Contractors are paid less due to the "prestige" of working for HSBC. Perm staff are invested in!

    • 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 as a contractor

    Pros

    It is a large enough organisation to allow movement within different global businesses but to have completely different experiences (e.g. working in Retail Banking & Wealth Management vs. Commercial Banking vs. Global Private Banking vs. Global Banking & Markets). Significant soft skills training is offered to permanent staff. Good staff (be they perm or contractor) are retained and moved on to other projects or departments. Good perm staff are invested in and can climb the ladder quite quickly. Most departments are less "stuffy" and demanding than the American Investment Banks.

    Cons

    Bonuses are not so great in relation to annual profits and the American Investment Banks.
    Contractor rates are less than competitive banks (the "prestige" of having HSBC on your CV is deemed worth the difference).

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    good

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

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

    Pros

    good good working environment dog

    Cons

    too much work, less trainning

    Advice to ManagementAdvice

    hehehe office environment to improve

  7.  

    Pretty good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Holdings

    Pros

    Very relaxed and laid back atmosphere

    Cons

    A lot of lazy staffs

  8.  

    Wonderful opportunity to work with talented people, and to make a difference in your job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst  in  Sydney
    Former Employee - Business Analyst in Sydney

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

    Pros

    Great team environment,
    Great opportunities to move within the organisation,
    Hard work is rewarded

    Cons

    Bureaucracy .. lots of red tape .. direction comes from Hong Kong & London, HSBC.

    Advice to ManagementAdvice

    Listen to your employees if they have ideas or concerns.

    Recommends
    Neutral Outlook
  9.  

    Low pressure, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern  in  Sydney
    Former Employee - Intern in Sydney

    I worked at HSBC Holdings

    Pros

    Was hardly stressed while working, the people were really friendly. I worked on quite a few significant projects, and felt like a valued team member.

    Cons

    The tasks I did could have been much more challenging. Also, it appeared that there was hardly any socialising among different teams.

    Advice to ManagementAdvice

    I received great training, management was always there to answer my questions. In the future, try to put a bit more pressure on interns.

    Recommends
    No opinion of CEO
  10.  

    Great experience

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

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

    Pros

    Good culture, nice people, good work/life balance on the whole, Meaningful work, Reasonable compensation for work done

    Cons

    Work was not really challenging and career prospects were not the best in the very long-run, as well as in terms of exit opportunities

    Advice to ManagementAdvice

    Keep up the good work; increase in size in terms of assets under custody to attract talent

    Recommends
    Approves of CEO
  11.  

    Busy and demanding environment but very interesting and full of opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Customer Service Officer  in  London, England (UK)
    Current Employee - Senior Customer Service Officer in London, England (UK)

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

    Pros

    Great working hours, holidays, internal culture and many career opportunities

    Cons

    Very low salary for amount or responsibility and work in the branches

    Advice to ManagementAdvice

    Pay people more and more people will stay in the company without the need to look for something that is better paid

    Recommends
    Positive Outlook
    Approves of CEO

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