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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      71% would recommend to a friend

      (28,342 total reviews)
      avatar

      Georges Elhedery

      68% approve of CEO

      65% positive business outlook

      Ratings by demographic groups

      HSBC has an employee rating of 3.8 out of 5 stars, based on 28,342 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
      2.0
      Mar 18, 2016

      Thinks it's Goldman but is more like People's

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good Location in mid town new york; respectable pay, good benefits, good corporate sponsored events and activities; supportive and responsive colleagues located in headquarters and other branch locations

      Cons

      Disrespectful business units with no desire to promote from within; incompetent managers who only care about their self promotion with no desire to promote from within

      1.0
      Jan 21, 2016

      Demoralizing Financial Sweatshop

      Senior operations specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      The only Pro I can think of is they offer health insurance. The only problem is it takes up a big chunk of your pay.

      Cons

      If you work in the lower levels of the bank ,you might spend your days wondering if this is the day you get tapped on the shoulder. Do to cost cutting policies by upper management a lot of the work has been offshoredfor cheap labor. Quality doesn't matter as they've kept 5 people to fix the mistakes. Too much work and no overtime. Management invents reasons to not give you a raise/bonus. The newest way is behavior ratings. Don't forget to smile at your manager. If not you might get written up for a bad attitude. Direct managers tend to be petty and vindictive.

      4.0
      Jan 11, 2016

      Pretty good, but not yet great.

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Above average benefits, including vacation time, 401k, tuition reimbursement and health insurance. This is a global organization, so you could potentially be collaborating and connecting with peers across the globe. Very conducive for learning and absorbing global strategies. Pay is aligned with market and is often beyond market value for position. Telecommuting is encouraged.

      Cons

      The global organization is a double edged sword. The sheer size of this place often makes it difficult to get things done. There seems to be a never ending "transition" to move out of regional silos and into a more global structure. Easier said than done. The struggle is constant and wears on the employees trying to get things done. No one on the management team (or above) seem to have the answers. The Elmhurst, IL office is dismal, but a new office space is been constructed in Arlington Heights.

      Viewing 94 - 96 of 28,342 Reviews
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      ReviewsHSBC reviews

      Glassdoor has 36,776 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.