HSBC Holdings

  www.hsbc.com
  www.hsbc.com

HSBC Holdings Reviews

Updated 12 November 2014
Updated 12 November 2014
978 Reviews
3.5
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.  

    Good at attracting talent, not so good at retaining

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

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

    Pros

    Global company with an excellent brand and the recognition that goes with it. Ambitious in strategy and well positioned in emerging markets.Huge network and potential to leverage this network with clients.

    Cons

    Not very good at retaining talent as they just don't pay. Mediocrity is in the air and it is hard to differentiate yourself given the lack of reward and incentive culture. They call HSBC the civil service of the banking world.

    The only people I saw rewarded were those who played the political game or threatened to leave the company.

    Loyalty was not rewarded and nor hard work. HSBC is not a meritocracy.

    Advice to ManagementAdvice

    Don't over promise on the graduate schemes. Assign a mentor to the juniors and ensure they are rewarded and motivated for their loyalty to the firm. Pay a market rate for talented future high calibre employees. Promote from within.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    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 (less than an 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
  3.  

    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 (more than an 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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  5.  

    Premier Relationship Manager - HSBC UK GCB5

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

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

    Pros

    very good company to work

    Cons

    training period and interview process is very tedious

    Advice to ManagementAdvice

    please simplify interview process

    Recommends
    Positive Outlook
  6.  

    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
  7.  

    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
  8.  

    Good people, outdated systems, bureaucratic environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Global Markets in New York, NY (US)
    Current Employee - Associate, Global Markets in New York, NY (US)

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

    Pros

    Low ego environment, meritocratic, global network

    Cons

    Outdated systems, Lower pay than street

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    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
  10.  

    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.

  11.  

    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

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