HSBC reviews

3.8

72% would recommend to a friend

(28,235 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 28,235 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
Oct 25, 2008
Recommend
CEO approval
Business Outlook

Pros

The number one reason for me is the opportunity to work with a diverse group of people. As you work with your colleague you'll get to know more about them and in turns get to embrace their backgroup. Also, depends on the job role you might get the opporutunity to work in many cross-functional projects, which allows you learn about what others are doing and it might even give you an opportunity to trasfer down the road and learn new skills set. The company is also big on gender inequality and they have a pretty good (3 months) maternity leave policy.

Cons

While HSBC is a strong international bank, its reputation in North America is pretty weak, especially on the West Coast . A lot of people still remember that HSBC was once the troubled Household bank and they want no part of it. Career advancement is pretty standard but it probably will help if you know your senior management pretty well. Once you become a manager though it's pretty hard to move up unless you are willing to pull extra 15-20 hours a week. Sometimes the perception is that those who worked (or forced to work) are the ones deem to be the better workers (which is not always true!)

2.0
Oct 21, 2008
Recommend
CEO approval
Business Outlook

Pros

Typical advantages of a big company -- decent salary and IT infrastructure, good benefits, lots of networking opportunities.

Cons

Huge company that's very slow in reacting to market shifts. Very inflexible with regard to consumer demands. Mobility within the organization is limited. Historically, corporate strategies are detrimental to the performance of individual business units.

4.0
Oct 21, 2008
Recommend
CEO approval
Business Outlook

Pros

HSBC provides great opportunities for learning, training and personal development. They have extensive on-line training, special training centers and provide a great tuition reimbursement package. Depending o the department, you may also be able to help the business grow - management actually listens to feedback from their staff. Direct manager should hold weekly or bi-weekly one-on-one sessions with their staff to discuss any issues and keep communication open.

Cons

Communication from management isn't always as clear and timely as it should be. You will likely spend a portion of your time putting out fires that could have been prevented with timely communication from the management team. Semi-annual and annual reviews could use improvement - they are often done in a vacuum by manager without employee input.

Viewing 28168 - 28170 of 28,235 Reviews

Glassdoor has 36,637 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.