HSBC Holdings Reviews

Updated 19 September 2014
Updated 19 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
  • The organizations offers decently fair work life balance and job security (in 114 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 34 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.  

    If it's not in writing - don't trust any verbal promises - even if made by top management!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Ho Chi Minh City (Vietnam)
    Former Employee - Anonymous Employee in Ho Chi Minh City (Vietnam)

    I worked at HSBC Holdings full-time

    Pros

    Good, thorough processes. Abundant learning opportunities including on-line and classroom courses.

    Cons

    Too many layers of decision making. Also lately, too many "urgents" requests from multiple sides, some duplicative requests but you still need to provide the same information but in different reporting formats.

    Advice to ManagementAdvice

    Ensure HR does not make false promises to new recruits.

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Good for building up customer service skills

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

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

    Pros

    Good for building up customer service skills, good company to put on your CV

    Cons

    Customers are demanding, not a lot of employee benefits (e.g. mortgage)

    Advice to ManagementAdvice

    Don't grade the employee based on how many mortgage flyers they've handed out.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    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
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  5.  

    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
  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.  

    Productive and co-workers kept the day fun

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Holdings

    Pros

    The co-workers made it easy to work here

    Cons

    There was No real challenges working here

    Advice to ManagementAdvice

    Company no longer exist

  11.  

    Very useful experience if seeking a banking career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Athens (Greece)
    Current Employee - Financial Advisor in Athens (Greece)

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

    Pros

    Organized structure. Training programmes. Excellent colleagues Not enough space for promotions

    Cons

    Pure middle management which is not leads the employees. Lack of leadership

    Advice to ManagementAdvice

    Try to change your evaluation procedures. Medium management is poor and unfortunately the qualitative methods used are not fair enough

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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