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.  

    Tough targets but reasonable conditions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Premier Call Handler  in  Edinburgh, Scotland (UK)
    Former Employee - Premier Call Handler in Edinburgh, Scotland (UK)

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

    Pros

    Flex hours, large teams, lots training and development

    Cons

    Some management very target driven some not. Management need more training on team skills

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Lots of experience potential

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

    I worked at HSBC Holdings

    Pros

    Global company with abundance or opportunities, treat senior executives well

    Cons

    Tons of layers of management to get things approved and done, salary is not very good for junior and middle management staff

    Advice to ManagementAdvice

    Streamline processes and more empowerment, help employees grow and develop their careers.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Contract

    Current Employee - Senior IT  in  New York, NY (US)
    Current Employee - Senior IT in New York, NY (US)

    I have been working at HSBC Holdings as a contractor

    Pros

    Work conditions good. Knowlegable people.

    Cons

    Not open. Not much sahring of information

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  5.  

    Good for basic growth but not for furthering carreer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Systems Analyst  in  Tampa, FL (US)
    Current Employee - Senior Business Systems Analyst in Tampa, FL (US)

    I have been working at HSBC Holdings full-time for more than 8 years

    Pros

    Benefits are fantastic. The work/life balance is very flexible.

    Cons

    Not much movement for growth into upper management

    Advice to ManagementAdvice

    competitive compensation and more growth opportunities for current seniors.

    Recommends
    Negative Outlook
    Approves of CEO
  6.  

    Excellent company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Legal Entity Review Representatvie  in  North Pomona, CA (US)
    Former Employee - Legal Entity Review Representatvie in North Pomona, CA (US)

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

    Pros

    Excellent company to work with. Overall, i really enjoyed working for this company.

    Cons

    Really there was nothing to complain about this company.

    Advice to ManagementAdvice

    None

    Recommends
  7. 1 person found this helpful  

    Compliance Officer

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

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

    Pros

    Office culture, can be good.

    Cons

    Promotion for long time employee is not easy

    Advice to ManagementAdvice

    I trust overall this is a good place to work, Global Standers in HSBC does work.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    From the heights of the Household acquisition to the depths of DPA....

    • 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 10 years

    Pros

    I won't mention the business unit, but I am a current U.S. employee. Benefits are average for a gargantuan entity; promotions are for the favored (like so many other companies); personal growth has been good, but not something necessarily attributable to this particular firm; plenty of vacation time...6 weeks + 10 holidays; work from home is embraced by corporate and loathed by much of management; performance reviews are provided but are worthless with personnel rankings predetermined by management; there are annual bonuses even for the lowly but range wildly within/across teams depending on budget and personalities; senior management changes and direction spin like a roulette wheel which provides ample opportunity for do overs; opportunity for travel exists as well as meeting interesting people; salaries are excellent compared to the general population and middling compared to other financial services firms. Yes, these are the pros compared to the cons.

    Cons

    Let me just state that the DPA of 2012 wasn't surprising given the far flung, year after year shenanigans at the bank; the feds velvet hammer triggered an internal shotgun response where a scalpel was/is needed. In the past my response to 'where do you work?' was met with 'what's that?' Later some would say 'oh I had my mortgage with HSBC' (not happily I should add)....now, I respond by just saying 'computers' and leave it at that. I can not hear the word 'mistake' again without screaming. Oh the shame. Btw, because I am employed in the U.S. (I won't relocate to to snows of Buffalo) I expect my position to be eliminated as the further building of 'low cost' engagements elsewhere further the institutional rot.

    Advice to ManagementAdvice

    My advice to management is, whatever. I'm so many rungs down the ladder I'm not standing on a rung or it's called something else...weekly (that's a joke friends). Firms this large aren't interested in what the common person considers advice or logic or common sense, even if it's framed in the context of the firm. But I'm not saying anything new am I? But I'd sure like to.

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

    Good pay but a political organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer  in  Stirling, Scotland (UK)
    Current Employee - Software Developer in Stirling, Scotland (UK)

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

    Pros

    Salaries, bonus, benefit package are good. Work life balance is good too. If working from home is your thing then there is that too.

    Cons

    A Highly political organization that has many silos. There have been projects were there are more PM / managers than software developers.

    Advice to ManagementAdvice

    Listen to what is being said at the coal face.

    Neutral Outlook
  10. 2 people found this helpful  

    Good opportunities to move around different business areas and countries

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

    I have been working at HSBC Holdings full-time for more than 8 years

    Pros

    Whilst salary can be lower than comparable jobs in industry, the total reward package including pension and share options make this better than other companies. Once you are in the organisation it is possible to gain exposure if differing business areas and also take on secondments and transfers to other countries. Excellent place to work for young families due to flexibility with working hours and maternity/return to work options.

    Cons

    As with any business of this size and considering the climate and strategy, job security can not be guaranteed. There are annual issues across teams when forcing a bell curve to rank individuals. This is meant to be changing but can't see it shifting to a complete revamp of the mid-year and annual review cycle.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    interesting place to work these days

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

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

    Pros

    training you can learn allot if you can find someone wiling to teach you

    Cons

    too many changes happening people dont want to stay

    Advice to ManagementAdvice

    good luck and try to listen to your staff for a change occasionally

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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