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
May 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Flex WFH hence ppl very lazy. Good place to learn & move on to somewhere once upskilled.

Cons

I have been In & Out of this company 4 times - Joined in 2010 as a PM in FO. Bad leadership ppl like politics than actually work. Ppl are generally lazy and rely on contingent workers / vendors for work. staff Lack of ownership in general. Definitely need a revamp in leadership they are mostly incapable and not result driven but BS to get free pass. Too big too many useless ppl. Useful ppl were let go whilst bunch of useless ppl stay. Also some are disrespectful towards contractors treat them like slaves to do everything while they never deliver.

3.0
Apr 4, 2018
Recommend
CEO approval
Business Outlook

Pros

Time Off Program (TOP) - A VP starts with 25 days off. It increases every 5 or so years by a week too. Working from Home/Remote - HSBC has great flexibility to work from home. They encourage changing roles to learn other areas of the bank. Movements are not discouraged.

Cons

This place is chaos. It's very hard to make important changes at an intuition this large. In addition, since the parent company is in London, many of the Key Risk Indicators and standards are based on UK standards at the global level and do not account even for the way more stringent US regulatory requirements. If you stay here for a few years, you will be sure to be undervalued and underpaid. The only way to make more money is to work somewhere else. Pay increases are never substantial unless you move up a Global Band tier. Lateral movements do not consider additional responsibility, hours, etc. and are treated the same, so there is no pay increase if you move to VP role to another VP role, regardless of any of the aforementioned factors.

1.0
Feb 22, 2018
Recommend
CEO approval
Business Outlook

Pros

Nothing great to shout about

Cons

Manager is still adopting condescending style to manage team. If there are mistake found by one staff no matter how trivial urgent meeting held and will be scolded and put down in front of the whole team instead of going for one-to-one coaching or correction of mistake. One of the worst banks in their management style. Feedback is also one way, manager to staff and manager is never receptive of any constructive feedback. It’s her way or no way.

Viewing 55 - 57 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.