HSBC reviews

3.9

72% would recommend to a friend

(28,233 total reviews)
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Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.9 out of 5 stars, based on 28,233 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 Finanzas industry (3.7 stars).

Reviews by job title

28K reviews
1.0
Aug 8, 2016
Recommend
CEO approval
Business Outlook

Pros

There are some very nice, honest, hardworking and moral people who I have had the pleasure of becoming friends with. Work experience counted for something as I have now been able to move on. HSBC does pay decent and the bonuses are ok, however I understand that this is likely going to change in the near future.

Cons

Where can I start with HSBC? It is a very large, slow, short-sighted global bank that will most likely be the worst place I have ever worked. I spent 5 years there in 3 different positions, so I got a feel for multiple departments. At every turn there are incompetent, mean and disrespectful managers who continue to get promotions. These are often the suck-ups or the relatives of HSBC C-level execs or high value clients. I can think of one key example of this, a manager I used to have. This was a woman who types with two fingers, wears low cut shirts and cannot understand the most basic of processes. She has prevented her own staff from promotions and new roles because she is too lazy to rehire. She effectively shut down 20% of the team at HSBC Canada and now works in HR. She clearly favours promoting men over women. She "works from home" all the time when we all knew she was just dropping off and picking up her daughter from school This is just one small example of the nepotism and futility at this company. As an employee, goals were unrealistic and there was extreme pressure day to day. The convoluted, every changing corporate structure made it nearly impossible to be effective in your job. Things changed constantly, and often half-baked. Departments were merged and un-merged. Local structures became global overnight, with many people reporting to managers in remote locations and forced to take 3am "team" conference calls. My advice would be to run away from any job offer at HSBC. This is a sinking giant in an outdated industry. They only got e-mail transfer payments in 2015 for godsake! The pay and bonuses are not worth the stress on yourself, your family and your health. This is not a place I was proud to work at ever, and I'm glad I'm gone.

1.0
May 21, 2015
Recommend
CEO approval
Business Outlook

Pros

- No work - If you are not interested in technology and just want to survive in a industry as a manager/ Technical manager. - Good technical architects who drives everything from onsite locations. - Salary will be credited to your account on 28th each month. - If you want to develop your political skills then you will become politician after 5 yrs in hsbc. - Bus service. - Great pantry service (A guy with food trolly will walk through the floor twice a day ) .

Cons

- 0% technical growth - 0 % development in JAVA only support and maintenance projects. - some technical forums are banned here. They might ban google in future. - frameworks and technologies are too old. You are suppose to work on legacy things. - horrible politics. If you are good in politics then they will award you with promotion. - They have installed sapience tool on every machine .which records your online & offline time.if you complete a task in 8 hours, then you are marked productive and if you complete the very same task in 2 hours , then you are not productive. ( HR and managers will tell you this tool is installed to improve the effeciency of employees ..lol) - No internet in notice period. - If you ask for better work they will give you some IBM tool / production support. - Hikes and promotions are depend on your relations and your sapience timings. - No promotions and onsites for senior positions. - Food quality is horrible. - No cubicles . Call center type sitting arrangement. ( please dont join this company if you are fresher it will ruin your carrier)

1.0
Apr 27, 2013
Recommend
CEO approval
Business Outlook

Pros

The name is recognized every where

Cons

It is still a precolonial culture where only Brits get the good perks, promotion and pay. They will hire anyone British with any sort of non-relevant degree yet ignore the non-British with the relevant degrees. 99% of top management is british despite the big hype about diversity. The recent bonus season?? 80% of the big money went to the band 3 and above who are predominantly British and the rest of us barely gotten peanuts. Passive racism is very apparent.

Viewing 43 - 45 of 28,233 Reviews

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