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      HSBC

      Engaged Employer

      HSBC reviews

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      3.8

      72% would recommend to a friend

      (28,238 total reviews)
      avatar

      Georges Elhedery

      69% approve of CEO

      66% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.8

      Culture & values

      3.8

      Work/Life balance

      3.7

      Compensation and benefits

      3.6

      Career opportunities

      3.4

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      28K reviews
      3.0
      Jan 10, 2009

      The world's local bank or the world's leading bank?

      Director
      Recommend
      CEO approval
      Business Outlook

      Pros

      Here are some reasons: 1) Work life balance 2) International footprint 3) Holding up well in current financial crisis 4) Large institution which provides opportunities for latitude of career progression

      Cons

      downsides are related to the best reasons: 1) Good work life balance traded off for lousy compensation 2) Size of institution means things loss of agility in processes and decisions 3) Not hold enough to take the lead to retain talent whilst it has done well for shareholders through current crisis

      4.0
      Jan 10, 2009

      HSBC follows other finanical services companies as they continue to trim jobs to focus on the bottomline.

      human resources manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      At the time I worked their HSBC paid people well for a job well done. I also thought that the recent focus on employee engagement was the approach, and focused efforts not only production but also on the welfare of employees, which are the most important asset. There was also a great group of people to work with.

      Cons

      The new performance management system focuses on attaining a normative distribution and the focus is more on meeting the numbers of the distribution curve than the actual performance of the employee. It also seems that the real focus on on taking away the great bonuses and merit increases. It is called pay for performance but it seems to be don't pay for good performance.

      2.0
      Jan 9, 2009

      HSBC, a resume builder

      Senior vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      If one is looking for an international company with potential opportunities overseas,HSBC is a good possible employer in upper level positions. HSBC does do a very good job at exposing their management group to a variety of training in groups of fellow employees from around the world. This enables an executive to gain great exposure to a diverse perspective and gain some valuable networking connections. HSBC has a very competitive compensation package and is a fairly good work life balance company.

      Cons

      Senior Management is not forthright. This place has a terrible culture. They have never been able to integrate the Household and Beneficial companies into one culture. One must remember that if you are not Brit you will never run this Bank even in the US. HSBC is presently in a no growth mode.

      Viewing 28147 - 28149 of 28,238 Reviews
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      Glassdoor has 36,640 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.