HSBC reviews

3.8

72% would recommend to a friend

(28,343 total reviews)
avatar

Georges Elhedery

69% approve of CEO

65% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,343 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).

Reviews by job title

28K reviews
5.0
Jun 7, 2017

Great place to work!

Recommend
CEO approval
Business Outlook

Pros

I worked for HSBS Mortgage Services and really loved it! For being a worldwide global bank they did a good job treating their employees well. HSBC trained and gave us opportunities to work in several different departments, if you had a willingness to learn. We were given great base pay plus monthly incentive bonuses that rewarded individuals and teams for our quality of work and production, plus excellent company benefits that included: choice of 3 medical and dental plans, 401K with company match (up to 10%-I put in 4% they put 6%), generous amount of TOP time and holiday pay, HSA with $1k annual company contribution, FSA, short and long term disability pay, discounts though corporate perks website, company paid life insurance equal to your previous year's annual pay. Additional perks also included: casual dress code, flex time, team building events, monthly dept meetings for updates that also included playing games, free lunches, dept contests, employee anniversary luncheons, in-house cafeteria, in-house gym, side by side training but the best part was I made LIFE-LONG FRIENDS!

Cons

Unfortunately, corporate decision was made to close the Brandon, FL facility and no longer continue servicing loans in the US, otherwise I never would have left the company!However, sufficient notice and the generous severance package that was offered made leaving easier though.

1.0
Apr 21, 2017
Recommend
CEO approval
Business Outlook

Pros

There aren't any pros to working here

Cons

They find every excuse not to pay bonuses. They micro manage employees. They expect you to work overtime and not pay you for it. Branches are in disrepair. Awful customer service. Lack of competitive products to see. They promise a book of thousands of 'affluent' customers but they don't have any. They force you to sell products unsuitable to clients needs. Zero advancement opportunities.

3.0
Dec 31, 2016
Recommend
CEO approval
Business Outlook

Pros

Very generous time off. Above-average medical, 401k. Great group of colleagues from all over the world. Some flexibility for remote work.

Cons

Most of the actual work is done by a small cadre of employees at the lower and middle levels. I am referring to the type of work that is foundational and encourages success for the business. These are the people in office working and/or online constantly. The other type of employee can be at lower, middle or upper level of the business. They orbit around the ones who do the work. Especially at upper levels, they make desultory comments on what is put in front of them (this unwillingness to understand means even good ideas are executed badly), and spend their days co-opting the work on meetings and business trips. You may get glowing performance reviews, but it is often a relatively inexpensive way to keep you where management needs you, because their lifestyle depends on it. You soon realize your career involves subsidizing other peoples' careers. A true shame if you actually love what you do and are good at it.

Viewing 82 - 84 of 28,343 Reviews

Glassdoor has 36,777 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.