HSBC reviews

3.8

72% would recommend to a friend

(28,323 total reviews)
avatar

Georges Elhedery

69% approve of CEO

65% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,323 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 7, 2011
Recommend
CEO approval
Business Outlook

Pros

great colleagues; flexible work arrangements are first class; compensation is great - pay is at market value. international career opportunities are plentiful and management really supports and encourages people to take advantage.

Cons

HSBC is in the process of transforming it's businesses, so over the last 3 years there has been nothing but downsizing, and layoffs. Also, HSBC does not seem to like the US too much, as they do not invest in growing the US businesses, even those that are profitable. overall, HSBC seems committed to being mediocre.

3.0
Oct 5, 2011
Recommend
CEO approval
Business Outlook

Pros

If you want to work in an offshore sell side research or aspire to work in onshore sell side research but not getting opportunity, HSBC EDPI is the best organisation to work with. Being a captive unit of HSBC Research, you get to learn a lot during first two years of your career. This center provides support to the all the global offices of HSBC and other than marketing and speaking with clients you can literally do everything.

Cons

But you should leave organisation within 2-3 years, else you get stuck in your career because there are not enough opportunities available to move onshore. If you stay for more than three years, it will be difficult to get job elsewhere. Senior management is least interested in anyone's career. Most of the senior people are fighting for their own survival, because once this sort of set up does not need many senior management personnel.

4.0
Oct 2, 2011
Recommend
CEO approval
Business Outlook

Pros

HSBC is a fantastic place to work, as most of your coworkers are friendly and willing to help each other out. Always looked forward to going to work. Also you get the best benefits package around (health insurance, 401K matching, etc). Large bank with global presence (well known).

Cons

HSBC wants to compete with other well known banks who lead in wealth management, causing the goals to increase considerably, across all the staff. Too much overhaul in UK, causing a trickling down effect here in the US.

Viewing 27688 - 27690 of 28,323 Reviews

Glassdoor has 36,749 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.