HSBC Holdings Reviews

Updated 29 October 2014
Updated 29 October 2014
978 Reviews
3.4
978 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
288 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 50 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Stable company with stable job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    It would be a MNC environment, job is completely stable. We can plan our next 30 yes happily as the job is completely secure and it has happy to work environment.

    Cons

    Challenge is growth, it is very slow. There are people with 10 yrs exp but they are at the same level without any growth. Salary will be growing till a limit after that salary growth will.also be minimal.

    Advice to ManagementAdvice

    STA's should be available for level 8 s also. Growth should be there and employee skill development initiatives should be taken ASAP.

  2.  

    Decent pay, but chaotic

    • 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

    Good start pay for this field

    Cons

    No work/life balance in phone positions

    Advice to ManagementAdvice

    Need to promote people with experience, instead of friends/ significant others

    No opinion of CEO
  3.  

    great place to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Management Associate in Shanghai, Shanghai (China)
    Former Employee - Management Associate in Shanghai, Shanghai (China)

    I worked at HSBC Holdings full-time (more than 3 years)

    Pros

    Great Management Associate program. Very organized, lots of rotation opportunities, and international exposure. The management gives a lot of practicing opportunities to the MAs, and MAs can quickly equip themselves with abundant knowledge in financial products and services. The benefit package is nice too. Work-life balance gets much better starting second year when you are more adapted.

    Cons

    As the bank is really a giant one, there can be some bureaucracy, esp in cross-functional situations.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    One of the best employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager in Calcutta (India)
    Former Employee - Assistant Manager in Calcutta (India)

    I worked at HSBC Holdings full-time (more than 5 years)

    Pros

    work life balance, employee friendly.

    Cons

    salary structure should be reviwed. specilly in Kolkata HSS - COE.

    Advice to ManagementAdvice

    salary structure in Kolkata HSS should be more in all level as per market standard.

    Recommends
    Approves of CEO
  6.  

    Good place to work for and friendly working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Peaceful and friendly working environment and culture

    Cons

    the working place is a little far away

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Overall a good place to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager in Hong Kong (Hong Kong)
    Current Employee - Assistant Manager in Hong Kong (Hong Kong)

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    Dynamic institution which always set high aspiration, will be a good place to work if you are very energetic and love to spend time at office

    Cons

    A hierarchy structure, no time-off policies

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    There's a plague running through the investment bank

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

    I worked at HSBC Holdings as a contractor (more than an year)

    Pros

    - Work/life balance
    - Responsibilities & task exposure generally broad
    - Good number of internal communication mechanisms
    - Advocate of brown bag's
    - Decent pay
    - Canteen at 8CS

    Cons

    - Calibre of most permanent resources well below industry standard and highly inexperienced yet being promoted?!?
    - The lifts at 8CS
    - Loads of "chatting" behind backs along with devious activity (on par with a soap opera)
    - Loads of useless meetings and not enough do-ers (everyone's a management consultant by mouth yet flaccid when it comes to quality of real work)
    - Siloed business units not communicating hence re-inventing the wheel is commonly found
    - Ponderous IT systems

    Advice to ManagementAdvice

    - Listen to the experienced who have proved their abilities
    - Reducing contractor rates by 10% will only cause attrition or demotivate. Look at other ways of reducing costs.
    - Allocate adequate funding to change initiatives (they will save you money in the long term!). Avoid countless meetings attempting to cut costs and trying to do things on the cheap purely because someone above has given you a target (finger in the air) to meet
    - Cut the dead weight plaguing the bank^

    ^ Note: This may improve lift times

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    A firm which might be great... in 10-15 years.

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

    I have been working at HSBC Holdings full-time (more than 10 years)

    Pros

    Opportunities to work abroad if mobile. Culture is strong. Job security.

    Cons

    Bureaucratic, slow moving, political. Lack of investment in training/development.

    Advice to ManagementAdvice

    Strip out the middle management who have worked in the bank for longer than 15 years. They are a huge impediment to effective change. Focus on quality and the customer - rather than being so internally focussed.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Vice President

    • 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 (more than 10 years)

    Pros

    Good company focused on growth and employees

    Cons

    Need to pay as per performance

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    HSBC- a good place to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Risk Analyst in Bangalore (India)
    Current Employee - Credit Risk Analyst in Bangalore (India)

    I have been working at HSBC Holdings full-time (more than an year)

    Pros

    1. Work life balance
    2. Great learning opportunities compared to others in the industry
    3. Personal growth

    Cons

    1. Compensation on lower side in the industry
    2. Average Perks

    Recommends
    Neutral Outlook
    Approves of CEO

Work at HSBC Holdings? Share Your Experiences

HSBC Holdings

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.