HSBC reviews

3.8

72% would recommend to a friend

(28,252 total reviews)
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Georges Elhedery

68% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,252 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 8, 2019

Worst Management

Recommend
CEO approval
Business Outlook

Pros

None of I can think

Cons

1. Company has WFH policy but manager wont allow it 2. Manager will expect you to come at 9 am but will want you to leave at night. 3. No HR, manager can do whatever they want to do. 4. Employees are treated as slaves.

1.0
Jun 28, 2019

Oh dear.....what a car crash company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Prestigious name (just about) - HSBC still remains one of the world's biggest and oldest financial institutions. Pension - One of the strongest in the financial services sector. 'Lifer's in Back Office accrue huge pensions! Salary - HSBC pays above market rate for the level of work performed. A lot of roles in Head Office include back office processing by individuals on high salaries (and costly pension programs).

Cons

Chaotic - HSBC is still incredibly disjointed, with basic systems not working, PC's crashing and not even having functioning lifts and building passes (this was none other than Head Office!) Culture - HSBC is still in the dark ages with how it operates. There is a clear divide between Junior Management (G4) and those beneath within departments. There are clear themes of nepotism which breeds only a shielded culture and no openness or willingness to admit fault. Competencies - Unfortunately, a lot of staff are not equipped to work within the sector. Hires are usually based upon whom managers personally like as opposed to just capability based therefore staff are generally within their 40's as an average and not exactly dynamic & challenging. This unfortunately maintains the same poor standard and people do not think, they just do. Progression - forget about it. Speak to any former employee and they will repeat that there is a glass ceiling; Junior/Middle Management look after their own and that's it therefore sadly progression just does not happen. Performance reviews are designed to talk you down for fear of creating more work in having to recruit new people therefore it's no surprise to see back office analysts at the age of 39!

3.0
Jun 6, 2019

Annual Hike and Bonus

Recommend
CEO approval
Business Outlook

Pros

HSBC treat well who get 1st and 2nd Rating. They get good Annual hike (15-22%) and bonus (Depends on designation ).

Cons

Because of this Bad rating system , HSBC dont have friendly environment.

Viewing 154 - 156 of 28,252 Reviews

Glassdoor has 36,656 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.