HSBC reviews

3.8

72% would recommend to a friend

(28,341 total reviews)
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Georges Elhedery

69% approve of CEO

65% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,341 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 29, 2009

Enjoyed it, good benefits, but can be demanding

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits and fast paced. Lots of different opportunities.

Cons

Can be demanding at times. Process restricting change. De-centralized and communication gaps.

2.0
Apr 28, 2009
Recommend
CEO approval
Business Outlook

Pros

Benefits package and compensation is pretty good.

Cons

For a seasonal senior software engineer it's frustrating to see how relatively simple projects take forever to implement. New technologies are not welcomed and outsourcing has been a big issue affecting quality of the products, time to market and knowledge base inside of the company. Usage of homegrown frameworks instead of industry widely adopted ones makes it very difficult to use local work force because of the long learning curve locking the company even further into using outsourcing services. Another serious issue is that managers are switched around every year and it discourages some of them from trying to solve difficult issues.

2.0
Apr 21, 2009
Recommend
CEO approval
Business Outlook

Pros

HSBC has a strong international presence that helps it's overall financial stability. As a result many clients find it more attractive than other smaller banks.

Cons

It's recent restructuring at the end of 2008 has had a negative effect on it's Premier Client Consultants. Although the hourly rate has increased modestly for these employees they are asked to take on many more tasks that in the past were handled by specialized departments. As a result these Consultants may not be as proficient at these specialized tasks. "Premier Customers" (those having over $100,000.00 in the bank) will notice a difference. The "One Stop Shop" may sound good as a concept but in execution it lacks effectiveness. Trying to save money by eliminating specialized departments and overloading it's Premier Consultants will only result a diminishing of good customer service.

Viewing 28228 - 28230 of 28,341 Reviews

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