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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,335 total reviews)
      avatar

      Georges Elhedery

      69% approve of CEO

      65% positive business outlook

      Ratings by category

      4.0

      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 28,335 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 Financial Services industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      28K reviews
      2.0
      Apr 6, 2010

      Not so great...

      Credit risk analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      High pay, work isn't too difficult, good work/life balance, they never fire anyone, good benefits, opportunities for advancement if you can stand working there

      Cons

      Insane bureaucracy, huge CYA culture, intellectually stifling, terrible IT, boring work unless you're into selling credit cards. I guess if you're looking for a non-challenging job that pays pretty well, go ahead.

      1.0
      Oct 27, 2009

      "Your future with HSBC is [not in the US]" -- CEO, HSBC North America, May 2009 -- It shows in the over 12000 jobs cut

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Mettawa facility is very nice--gym, great cafeteria, open work space plan. Benefits package is satisfactory. Salaries for managers and below will be in the medium range of the market. If you are internationally mobile, many opportunities exist.

      Cons

      "Grade on the curve" performance evaluation system (you're ranked and get a bonus or not/keep your job or not/) against your peers, HSBC exiting businesses in US. CEO has moved from London to Hong Kong. Mediocre benefits and mid-range salaries. Commute to Mettawa is horrible from anyplace in Chicago. Exceptionally political environment-- unfairness in promotions an ongoing company-wide issue with employees. Workload is onerous due to under staffing. Training is online and most trainers have been let go, as have most employee communications people.

      3.0
      Nov 3, 2008

      Strong Company - but Very Corporate

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good benefits and large, secure company - even in hard economic times

      Cons

      Being led by a Senior Management Group not used to how US employees are driven to succeed, they implement global standards that demotivate employees to do more than the "status quo", as opposed to letting us drive ourselves to succceed.

      Viewing 49 - 51 of 28,335 Reviews
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      Glassdoor has 36,767 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.