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
3.0
Jan 5, 2009

CAUTION: Job about to be outsourced

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compensation is good, and work life balance is good when the level of work warrants it.

Cons

There is a great desire to outsource jobs to India and other companies. Project management is horrible. Things take forever to get off the ground. When they do they do not work nearly as good as they are supposed to, and most of the time, the project that you spend hours and hours perfecting is in place just to send your current job to another country where wages are less for the company to pay.

3.0
Jan 5, 2009
Recommend
CEO approval
Business Outlook

Pros

Great place to work if you want to work in emerging markets. Vast global organization provides opportunities in many areas and functions. Conservative nature works well in current environment. Very stable company. People that can adapt to the HSBC Group way can do very well. IM program is best way to move up fast and get best assignments.

Cons

Limited focus in the US. Not a great understanding of the US market or of consumer finance by Group executives. Very conservative, which leads to limited growth potential in up markets. More focused on process and central decision making. Taking decisions out of front line managers.

2.0
Jan 3, 2009
Recommend
CEO approval
Business Outlook

Pros

If you want to work for a behemoth organization and just be a face in the crowd then go for it. Before the financial crisis struck job security was fairly good, especially in IT where I worked so that could have been another reason lot of people, particularly in Vancouver, Canada remained stuck in their positions.

Cons

From an IT perspective, it's a career killer. The technology leadership team is incompetent and only acts as yes-men telling the CIO what he wants to listen. The Household team (includes the CIO) is in charge and they're trotting out the same dog and pony show before business year after year. IT is touted as a force for change but status quo reigns supreme and there's no clear understanding of what business benefits IT changes can bring. Bottomline, If you're looking for a dynamic, fast-paced, forward-looking career it IT, this ain't the place to work.

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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.