HSBC reviews

3.8

72% would recommend to a friend

(28,239 total reviews)
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Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,239 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
2.0
Jan 9, 2009
Recommend
CEO approval
Business Outlook

Pros

If one is looking for an international company with potential opportunities overseas,HSBC is a good possible employer in upper level positions. HSBC does do a very good job at exposing their management group to a variety of training in groups of fellow employees from around the world. This enables an executive to gain great exposure to a diverse perspective and gain some valuable networking connections. HSBC has a very competitive compensation package and is a fairly good work life balance company.

Cons

Senior Management is not forthright. This place has a terrible culture. They have never been able to integrate the Household and Beneficial companies into one culture. One must remember that if you are not Brit you will never run this Bank even in the US. HSBC is presently in a no growth mode.

4.0
Jan 9, 2009
Recommend
CEO approval
Business Outlook

Pros

This is a very good company in a city with not many opportunities. Coming out of college, this was really my only option if I wanted to stay in this area. It has been a good place to work and I would say that I am a satisfied employee. Many others seem to be satisfied too, as they have been here for many years. Many 20+ year employees.

Cons

When most of your colleagues have worked here for many many years, it is hard to be promoted.

2.0
Jan 7, 2009
Recommend
CEO approval
Business Outlook

Pros

If you want to be a lifer with little work, especially during the financial downturn, it was a great place to be. Of course, until you get laid off that is. Severance package was generous, 60 day non working notice (no need to come to work, will continue to get paid) + a severance package depending on your level which is 6wks for non exempt to atleast 12 weeks for the Analyst to Manager level, gets better above that.

Cons

Terrible Pay, merit increases and bonuses...I was below the 25th percentile of my market data point and that was common among everyone I knew in the team including the bosses. More bosses than worker bees, very top heavy. Needless to say, once you go out of the business unit, its even worse with SVPs and SEVPs for keeping the building lights on and keeping the seats warm.

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Glassdoor has 36,642 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.