HSBC reviews

3.8

72% would recommend to a friend

(28,251 total reviews)
avatar

Georges Elhedery

68% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,251 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
1.0
Feb 24, 2010
Recommend
CEO approval
Business Outlook

Pros

You get experience in banking if this is the field you want to be in and they will pay for training.

Cons

Poor compensation (2 years in a row saying not enough profit to give raises), big picture is rarely shared by senior management, don't care about you as a person only as someone to bring in more money, sales orientated without the incentives.

4.0
Feb 23, 2010

Best place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Flexible work hours - International exposure - Diverse bunch of people - High moral codes and ethics - Work life balance

Cons

- Lots of changes in organizational structure frequently - In the organization, Growth dictated more by tenure rather than performance

2.0
Feb 15, 2010
Recommend
CEO approval
Business Outlook

Pros

Large parent company with lots of capital are still willing to pump money into company so there is relative security that the company won't close for business,

Cons

Management in fighting between those from former Houshold Bank (Chicago), Marine Midland (Buffalo), and New York. Complete disconnection between the 3 groups. NY attempts high brow advertising campaign looking to attract affluent individuals and commercial banking customers, while Buffalo targets Sabres fans with name recognition and branch saturation. Chicago taken over mortgage company after sub-prime mortgage business was halted and in run-off. Depew operation is being dismantled and relocated to former Household operation centers. Mortgage still flooded with tons of personnel no longer required for limited retail business. No longer requires huge staffs of PHD's running analytics and reams of reports, multiple layers of managements, highly compensated senior management staff comprised of Buffalo and Chicago individuals.

Viewing 28054 - 28056 of 28,251 Reviews

Glassdoor has 36,655 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.