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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,244 total reviews)
      avatar

      Georges Elhedery

      69% approve of CEO

      66% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.8

      Culture & values

      3.8

      Work/Life balance

      3.7

      Compensation and benefits

      3.6

      Career opportunities

      3.4

      Senior management

      HSBC has an employee rating of 3.8 out of 5 stars, based on 28,244 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).

      Ratings by demographic groups

      Reviews by job title

      28K reviews
      2.0
      Apr 28, 2009

      Outsourcing - part of the solution or part of the problem?

      Senior consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits package and compensation is pretty good.

      Cons

      For a seasonal senior software engineer it's frustrating to see how relatively simple projects take forever to implement. New technologies are not welcomed and outsourcing has been a big issue affecting quality of the products, time to market and knowledge base inside of the company. Usage of homegrown frameworks instead of industry widely adopted ones makes it very difficult to use local work force because of the long learning curve locking the company even further into using outsourcing services. Another serious issue is that managers are switched around every year and it discourages some of them from trying to solve difficult issues.

      2.0
      Apr 21, 2009

      Don't overload Premier Consultants!

      Premier client consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      HSBC has a strong international presence that helps it's overall financial stability. As a result many clients find it more attractive than other smaller banks.

      Cons

      It's recent restructuring at the end of 2008 has had a negative effect on it's Premier Client Consultants. Although the hourly rate has increased modestly for these employees they are asked to take on many more tasks that in the past were handled by specialized departments. As a result these Consultants may not be as proficient at these specialized tasks. "Premier Customers" (those having over $100,000.00 in the bank) will notice a difference. The "One Stop Shop" may sound good as a concept but in execution it lacks effectiveness. Trying to save money by eliminating specialized departments and overloading it's Premier Consultants will only result a diminishing of good customer service.

      4.0
      Apr 19, 2009

      Great potential to grow your career if you start under the right management

      It project manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are plenty of global opportunities at HSBC from the investment banking division to retail and private banking. HSBC are a cash-rich bank that is well positioned to take advantage of the current economic climate - they have taken substantial losses but have a diverse ebough portfolio to have coped well with the last few years. You will need to network hard but the rewards are there and there is a good medium for cross-functional communcations. Plenty of annual leave and flexible working options. The investment banking division is condusive to raising a family unlike many other large US investment banks.

      Cons

      old boys club in some area's - limited training and pro education opportunities

      Viewing 28132 - 28134 of 28,244 Reviews
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