HSBC reviews

3.8

72% would recommend to a friend

(28,252 total reviews)
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Georges Elhedery

68% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,252 company reviews on Glassdoor which indicates that most employees have a good working experience there. The HSBC employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

28K reviews
3.0
Apr 14, 2010
Recommend
CEO approval
Business Outlook

Pros

Very good benefits (from 401K matching to health insurance to vacation time) Work/life balance (although some groups work like animals, my group respects nights and weekends)

Cons

Salary progression (two years in a row with salary frozen) Opportunities to move up (almost four years at the same level)

1.0
Apr 14, 2010
Recommend
CEO approval
Business Outlook

Pros

- Benefits package is great. - Lots of bright and friendly people in the lower level. - Opportunity to work with people from different ethnic and cultural background. - Opportunity to relocate to other countries.

Cons

- Highly bureaucratic culture. - There are more people talking than people working. - Employees are treated as resources not human. You are expected to do whatever you are told, don't ask why. - Long hours but don't expect any overtime pay. - Performance and pay are not correlated. Annual performance evaluation are pointless and insincere. - Salary is below market average. Large chunk of bonus goes to senior management. - Loads of politics. - There is no long term vision and strategy from senior management. Direction changes every couple months. - Management tends to set unrealistic goals, creating a very stressful working environment. - More and more jobs are being transferred to developing countries. - Limited career advancement opportunity. - Most senior positions are filled by managers seconded from other countries. These positions are only 2 years in length, hence these managers won't bother with developing people. - One can basically find all the bad examples and general problems discussed in an Organization Behavior textbook right here in HSBC.

4.0
Apr 14, 2010
Recommend
CEO approval
Business Outlook

Pros

A big company well recognized co good pay 5 working days can meet different people easy for you to transfer to other company with an experience there

Cons

small potatoes didn't receive much attention from seniors competition is keen within the company diificult to promote always have to OT

Viewing 28033 - 28035 of 28,252 Reviews

Glassdoor has 36,656 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.