HSBC reviews

3.8

72% would recommend to a friend

(28,269 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 28,269 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
2.0
May 21, 2012
Recommend
CEO approval
Business Outlook

Pros

When I worked hard and made extra efforts I was compensated for it (bonuses, raises)...but never promoted. It's the luck of the draw though - depending on who your direct managers & supervisors are (see Cons below).

Cons

Well the main con is that they're laying off like crazy right now and probably won't be in Buffalo past 2013. They got rid of 1500-2000 with the Capital One sale (this includes other sites around the country). And in the past two weeks about 200-500 more HSBC Buffalo employees have been laid off. I wouldn't be surprised if hundreds if not thousands more will be laid off by the end of this year due to the sale of the branches to First Niagara last weekend. On to other cons...HSBC likes to move uneducated management around within the company - managers from one dept to another who have no clue about their new dept. and also promote people who have no college and/or don't have enough experience of the job. Why do they do this? Because then they don't have to pay what the job is worth, because that would require hiring someone with a degree and/or previous management experience in that field who would require a lot more money. When management doesn't have a clue about the job, it trickles down and makes everyone's lives miserable. (see 'Advice to Management' for a continuation of this). This is Buffalo I'm talking about, maybe it's different in NYC...

1.0
May 20, 2012
Recommend
CEO approval
Business Outlook

Pros

- I can't see any one. previously it was onsite but nowadays there are onsite but silly managers want to go first. Perks in onsite also not good, nowadays people who never visited onsite are going else everyone rejects onsite in GLT.

Cons

- Good for lazy people... who don't want to do anything in life - Lot's of un-necessary process (some time work delays, postponed even cancelled due to this) - Saturday n Sunday work culture. Managers count saturday and sunday also in estimation to save there ass. - GLT is abusing HSBC brand name.

3.0
Feb 8, 2012
Recommend
CEO approval
Business Outlook

Pros

Culture, Benefits, Brand Name , International exposure

Cons

Huge hierarchy, Buereaucracy, Huge Processes, Too many stake holders to answer to

Viewing 238 - 240 of 28,269 Reviews

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