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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      71% would recommend to a friend

      (28,348 total reviews)
      avatar

      Georges Elhedery

      68% 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 28,348 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
      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.

      4.0
      Oct 25, 2009

      Decent place to work with good benefits

      Financial analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      HSBC offers good pay and great benefits. Some positions offer telecommute/work-form-home ability. Good place for those seeking international mobility. This bank has a solid international reputation.

      Cons

      Political environment with aggravating chain of command issues. Staff reductions are placing a bigger burden on the remaining work force. HSBC is reducing US operations to increase emerging market investment.

      2.0
      Oct 25, 2009

      Work, what work?

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The culture was relatively relaxed with managers not getting on everyone's case all the time. The teams were small so everyone got a chance to say something.

      Cons

      Not a lot of work was given to a new joiner, we were just made to sit around and do nothing much during our time. It would have been several months before significant work was given and even then it wasn't very interesting.

      Viewing 28189 - 28191 of 28,348 Reviews
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      Glassdoor has 36,782 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.