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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,320 total reviews)
      avatar

      Georges Elhedery

      69% approve of CEO

      65% positive business outlook

      Ratings by demographic groups

      HSBC has an employee rating of 3.8 out of 5 stars, based on 28,320 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
      Sep 18, 2014

      A company for OLD folks who could just sit and think how to make more money for themselves!

      Senior software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Just work at 1% of your overall capability and you'll get 9 to 10% hike easily. Make a trusted 'best' slave of your manager and maybe you can get 15-17% easily.

      Cons

      Many. Let me list them - 1. No onsite for new joinees for upto 3-4 years of your joining the company. (1-2 years if you are a lady and your first and true love is your manager.) 2. Now let's say you slogged for 3-4 years and bingo after every one from your team has visited onsite, you got this BIG Opportunity. You will only be sent for 3 or max 6 months. 3. This is the sad part, even though you get an onsite they will pay you 20 pounds daily (bare minimum to help you survive in London!) Gone are your plans of having your own home back here in India. Stay homeless on the streets. They really don't care! 4. Ok, you are making accusations or cribbing about the fact that "How can you make big in the company", congratulations you are fired!!! 5. "Do something new, learn new tech!" Well management won't promote this thinking, Thinking you would leave the company! 6. MAPS by Sapience. This is a work hours monitoring tool and I guess everybody knows what the tool might be doing. So 'They' now have a point how to not give you rating! Many more but I am tired now!

      4.0
      Sep 10, 2014

      Good people but poor system

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      1) Work-life balance is an achievable thing and as such it is suitable for people with family. 2) International transfer is plausible for all levels of employees. 3) Colleagues are quite helpful and friendly.

      Cons

      1) Systems are very backward. What makes it worse is the bank refrained from investing in due to stringent cost control. 2) Re-organisation takes place frequently in some back office teams, which affects the job stability. 3) There are a number of people who only do the minimum at their jobs. You can exert yourself to achieve more but it is hard to motivate others. 4) Can be more risk-taking in doing business.

      3.0
      Aug 17, 2014

      Good company to work for, but globalisation takes it toll.

      Consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good benefits, in the IT department folks generally get 25-30 days of annual vacation. People are nice and generally follows a well defined protocol. Company offers numerous training, but most of them are not technical in nature. There is flexibility with work hours and working from home is well accepted.

      Cons

      Projects are demanding, personal sacrifice is observed for many flagship projects. Generally salary is capped early in the career and it is difficult to move up to a higher job band. Work life balance is difficult to maintain due to global team augmentation model (parts of the team will always be offshore in India, Brazil, or China). Meetings outside of what is usually considered core hours elsewhere takes place on a regular basis. The bank tends to be overly receptive of IBM solutions that has a recent track record of undermining employee's productivity.

      Viewing 568 - 570 of 28,320 Reviews
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      Glassdoor has 36,746 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.