HSBC reviews

3.9

72% would recommend to a friend

(28,233 total reviews)
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Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.9 out of 5 stars, based on 28,233 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 Finanzas industry (3.7 stars).

Reviews by job title

28K reviews
1.0
Nov 9, 2019
Recommend
CEO approval
Business Outlook

Pros

Enough holidays in a year (~25) Certain people at the top (such as Ravi) are very good Chance to work on newer technology as bank is shifting from old to new ATM Most developers are dedicated and talented, it's mainly the management that's terrible

Cons

Low salary and low perks compared to all its peers (DB, citi, barclays, etc.) If your friends work there you WILL feel bad when you compare. Terrible management - mark my words, i cannot emphasize this point enough. I am not talking of the very senior management but team leads/project leads/etc. who report to the top brass, and especially the non technical employees like analysts teaching developers about tech. Horrible HR, it was dreadful dealing with them whenever i had to. On weekends the business bay building in Pune stinks of urine. The lifts are too slow and work on some crazy algorithm. I had to climb 9 floors of stairs almost everyday. Compass mess is overpriced and low quality. They don't take your complaints seriously until you resign after which they make big promises which are LIES, to keep me there at a critical time. They might lie to you in their interviews, ensure to take down the benefits promised in writing especially if you are a fresher. They treat Indians like a bunch of chumps, for example scheduling calls after 6pm in India or at night to suit their timings in UK. Even if you are talented, you may be dumped in mainframe, production support, etc. There is no way to leave unless you finish 1 year and apply for IJP but that's 1 year of your life wasted and you cannot mention your experience outside

1.0
Jun 7, 2018
Recommend
CEO approval
Business Outlook

Pros

Hikes better than service based organisations

Cons

Managers are promoted just due to their number of experience with minimal skills Employees are forced to sit on desk and managers are not open to allow the team to learn new skills saying it is irrelevant for the project. Constant monitoring of on desk hours as they have sapient tool installed on every system. WFH is there in policy but manager will never allow to take it mostly. Managers do not have managerial skills and will say my team my rules in the meeting.They feel as if employees are working for him and not HSBC. Hire and fire policy in HSBC.

1.0
Mar 15, 2018

HSBC STG (Investment Banking)

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Having a job that doesn't leave you time to have a life

Cons

1. One of the worst companies I have seen. (Been working for over 7 years now) 2. Lowest pay in industry (30% below the next least paid IB job). Add slow growth to it and you are stuck at the bottom of the barrel. 3. Zero work life balance (Your weekend will go down the drain just from a single phone call from your onshore banker) 4. Zero employee benefits 5. The worst culture (You are at the complete mercy of your onshore banker. Even if she makes you work 18 hours a day nobody is going to put up their hand for you.) Managers will tell you to work until you die at your desk just because they don't want to go head to head with the onshore guys. 6. Poor brand value - translates to very limited exit options. 7. Infrastructure - still using 2003 refurbished keyboards to save costs. Broken internet all the time. Truly the worst job an educated person can have.

Viewing 43 - 45 of 28,233 Reviews

Glassdoor has 36,633 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.