HSBC reviews

3.8

72% would recommend to a friend

(28,238 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 28,238 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
Jul 13, 2019

Outdated Technology

Recommend
CEO approval
Business Outlook

Pros

Brand name, decent salary, flexible shifts(mostly). Leave management is good.

Cons

Infrastructure in Business Bay, Pune is below par. Lack of parking spaces and also (believe it or not) lack of chairs on the floor. Bureaucratic processes. Lack of willingness to adopt cloud in some areas. Working on outdated technologies. People who have worked on outdated technologies continue to serve as Leads and seniors even on newer technologies. This doesnt make sense as they have no expertise on the new technology, yet they lead such projects purely on the basis of the 10 to 15 years they have spent in HSBC. Most of the senior technical people here are ones who have spent more close to or more than 10 years here. And they are woefully unaware of how the technical world outside HSBC has evolved in the past couple of years. Technologies in use outside HSBC for the past 3 years or so is considered the latest one here simply because they didnt know about it. Spending more than a year here would erode whatever technical skills you have.

1.0
Jul 2, 2019
Recommend
CEO approval
Business Outlook

Pros

Good salary compared with other financial institutions, work from home, decent vacation time, benefits strong but deteriorating rapidly. Good people working there, but that also is being deteriorated.

Cons

Huge influx of Indian employees under the pretense that those skills cannot be found in the USA. This is reprehensible behavior - but seriously, who would stick their neck out? Even writing this is a risk. Promotion of buddies without credentials or peer respect. Layoffs of quality employees. Overworked employees who are left after layoffs. Senior executives constantly spewing spin and carefully crafted "truth". Illegal activity leading to compliance requirements and penalties for which employees who had nothing to do with it are made to take training and adjust their behaviors while no mention is made of oversight of or penalties to those who were actually guilty. No training provided for technical staff, no respect whatsoever for technical staff and their need to keep skills current or value them as a resource. No symposia, conferences, expos etc attendance provided - except for the fat cats who don't use it anyway. Adherence to the philosophy that paying a foreign employee less money for less time is cheaper than paying a USA employee a little more (and retaining them beyond a 3-year visa) who will do the same job in 1/3 of the time and retain a valuable knowledge base and skills that can be leveraged into future projects. I think I'm going to run out of space here.

3.0
May 1, 2019
Recommend
CEO approval
Business Outlook

Pros

Leave Policy, Salary, medical insurance Flexible work cluture

Cons

No one listen your problem,you are on your own. In RBWM they hire full stack developers,developers and give them PRODUCTION SUPPORT work.

Viewing 97 - 99 of 28,238 Reviews

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