Do not join this company - Senior Software Engineer HSBC Employee Review

1.0
Jan 17, 2019
Recommend
CEO approval
Business Outlook

Pros

Good pay with work life balance

Cons

Of lately, they are doing mass hiring, they plan to onboard at least 4k people as per their HRs, as per them it is due to they wanted to remove their dependency on contractors, I was offered a really good pay, but the truth is they don't have work. Most of the work is third grade, that they want to hide behind domain knowledge. You will be just doing production support in most projects.. Also before joining I heard of their hire and fire policy, well it has been one month here and I can say it is very much true.. each year they are short of budget, each year their policies change, sometime they want contractors , sometime they want permanent..If a projects does not have budget, they will just fire you, they won't even consider moving you to another department, even when there is opening out there..HR is almost non existant here.. Technology is very outdated, at the time of recruiting, they tell about clouds, mongoDbs, block chain, etc but all these are just there marketing strategies..I have also heard they have this habit of removing the whole team for cost cutting, like in my project there is no testing team, same thing they plan to do with L1 support team, they want these tasks to be handled by dev teams, so that they can get away with support teams as well and reduce cost.. Moreover employees are almost treated as cattle, literally resources, there are no benefits apart from your salary. In short, join only if you really don't have a choice

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5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Good environment and nice place to work and learn

Cons

nothing else to say the users were excellent

1.0
May 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Never come. All the positions and all area is same terrible. HR official turnover rate reach to 15%, some core hard working positions even can be a higher rate

Cons

They don't respect employees, there's a suit in New York area initiated by previous bankers in 2023. Because they asked for a lot of volunteering work on formal job but never pay

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