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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,336 total reviews)
      avatar

      Georges Elhedery

      69% 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 28,336 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
      2.0
      Jan 7, 2009

      Bloated, top heavy, slow moving

      Senior business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      If you want to be a lifer with little work, especially during the financial downturn, it was a great place to be. Of course, until you get laid off that is. Severance package was generous, 60 day non working notice (no need to come to work, will continue to get paid) + a severance package depending on your level which is 6wks for non exempt to atleast 12 weeks for the Analyst to Manager level, gets better above that.

      Cons

      Terrible Pay, merit increases and bonuses...I was below the 25th percentile of my market data point and that was common among everyone I knew in the team including the bosses. More bosses than worker bees, very top heavy. Needless to say, once you go out of the business unit, its even worse with SVPs and SEVPs for keeping the building lights on and keeping the seats warm.

      3.0
      Jan 5, 2009

      CAUTION: Job about to be outsourced

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Compensation is good, and work life balance is good when the level of work warrants it.

      Cons

      There is a great desire to outsource jobs to India and other companies. Project management is horrible. Things take forever to get off the ground. When they do they do not work nearly as good as they are supposed to, and most of the time, the project that you spend hours and hours perfecting is in place just to send your current job to another country where wages are less for the company to pay.

      3.0
      Jan 5, 2009

      Emerging markets focused.

      Marketing
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great place to work if you want to work in emerging markets. Vast global organization provides opportunities in many areas and functions. Conservative nature works well in current environment. Very stable company. People that can adapt to the HSBC Group way can do very well. IM program is best way to move up fast and get best assignments.

      Cons

      Limited focus in the US. Not a great understanding of the US market or of consumer finance by Group executives. Very conservative, which leads to limited growth potential in up markets. More focused on process and central decision making. Taking decisions out of front line managers.

      Viewing 28249 - 28251 of 28,336 Reviews
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      Glassdoor has 36,769 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.