HSBC reviews

3.8

72% would recommend to a friend

(28,255 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 28,255 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
Dec 8, 2016
Recommend
CEO approval
Business Outlook

Pros

The job was well paid and the work life balance was very amenable plus the facilities were generally speaking pretty good.

Cons

Finance was always an unpopular place to work, when I first joined there in 2005 I was shocked by how many of my colleagues seemed to absolutely detest the place. Over time I found out why. The environment put in place by senior management is appalling, bullying seems not only to be condoned but actively encouraged. People are undermined and insulted behind their back in a most primitive fashion. Consequently there is a constant revolving door of people and also a huge army of massively paid "consultants" from companies like Deloitte doing the most menial of tasks. Morale is horrendous.

1.0
Nov 22, 2016

Horrible place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I was working just off the city centre of Bristol so very well located and close to transports. My manager was a person with lots of integrity who believes in "doing the right thing" as announced by HSBC internally to try and change behaviors and so they hope, to change the public's view of the institution. But people like that are always under fire and quickly moved aside so they don't "make waves".

Cons

Horrible, horrible, horrible place to work. The company itself is great with really good pension benefits but no career progression and the senior managers are horrible person to work for and to work with. Money isn't everything, especially if you go home crying and/or constantly stressed out because of the nasty working conditions. Senior management are absolutely unscrupulous and when challenged over the way people are treated, you are pushed aside to another team, below your skills in the hope you'd shut up and leave by yourself. Fake disciplinary actions are raised against staff members to pressure them to leave instead of having a "dismissal" on their records. Contractors work under a lot of pressure including verbal abuse by their Line Managers and constant threat of dismissal. They are hired as contractors (self-employed) but must oblige by the hours and conditions imposed by them, including mandatory holidays (if you're self-employed and hired as a contractor, isn't this unlawfully and therefore you should be classed as an employee?) They really give meaning to the expression "corporate world". If you don't have any integrity, if you don't care about other people's well being apart from yours, if you can deal with constant change in procedures because no one knows what their doing and no one takes responsibility for it but that impacts your wages, and a lack of professionalism, then this may be the right place for you. on the other hand, if you don't identify yourself with that description, you'll end up leaving with a little less faith in the human race.

4.0
Sep 3, 2016
Recommend
CEO approval
Business Outlook

Pros

Salary Competitive Additional Pension contributions of 9/10% by HSBC Health Benefits , life assurance, BUPA, critical illness cover Flexi Working Work from Home Great Location 28 days holiday plus 8 bank holidays

Cons

Global Matrix environment means multiple agreements to get actions completed. Offshoring still thought to be a great strategy by old school finance

Viewing 190 - 192 of 28,255 Reviews

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