HSBC reviews

3.8

72% would recommend to a friend

(28,235 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 28,235 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 30, 2008
Recommend
CEO approval
Business Outlook

Pros

HSBC's risk adverse conservative approach has put it ahead of all of the other banks. This was more luck than skill though. Here are a few pluses: - diverse and international, opportunities to move around - best balance sheet on the street - wide diversified client base - they like project managers, so if you are one, this is the place for you

Cons

- Hard to get anything done. - Meetings, committees, politics - General lack of work ethic - Generally Lower-tier people as compared to investment banks - Chaos reins, constant change with little follow-through - Primitive models and technology

3.0
Dec 28, 2008
Recommend
CEO approval
Business Outlook

Pros

Established stable company. Good benefits. Reasonable to good compensation. Company is well respected globally, even if the brand awareness in the US is low. Great place to work if you are interested in working overseas. Many different business units/lines means there is opportunity to move laterally as well as move up. Company invests in training and development for employees.

Cons

Sr mgmt doesn't understand the US market or consumer financial services, vs traditional banking. Company really doesn't value innovation or entrepreneurial thinking. Increasing reliance of centralized decision making, relegating US employees to be execution artists, not strategists. Increasingly less tolerant of risk, even when the rewards can be huge. Bias towards hiring former consultants and valueing that skillset/mindset vs a more diverse workforce. A lot of lip service is paid to diversity, but little is done. Not a good place to ascend if you are female; heavy male bias outside of the HR dept. Company is outsourcing and offshoring more and more of its operations.

3.0
Dec 24, 2008

International

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

International organization, good benefits, sound financial health

Cons

Limited advancement opportunities, East cost centric, Bureaucracy,

Viewing 28153 - 28155 of 28,235 Reviews

Glassdoor has 36,637 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.