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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      71% would recommend to a friend

      (28,351 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 28,351 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
      4.0
      Apr 6, 2010

      Stressful job.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Company has great benefits and allows remote access in most departments.

      Cons

      I miss the old days where people respected each other. We felt the stress of the bad economy long before the rest of the non-financial world did. This created a very stressful environment where everyone was afraid of losing their job and was only concerned about getting their own work done before helping others. Employees have become a number and are no longer important.

      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 148 - 150 of 28,351 Reviews
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      ReviewsHSBC reviews

      Glassdoor has 36,789 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.