HSBC reviews

In the 5 years I spent in my role I did not get a single promotion (the flat structure of our team, there were people who had been there for longer than me - in the same role). I had one training course that was in my professional field, other than that it was endless compliance, health and safety, AML etc. courses that prominently feature one of the sillier corporate slogans around - courageous integrity. Yes I don't know what that means either.

Below market pay. Management has allowed downsizing by a kind of organic attrition. Due to the bank's scandals HSBC does not want their fingerprints on any actual downsizing in AML compliance. They also do not want to pay any unemployment and severance packages. However, HSBC is more than content to keep salaries low as employees leave on their own. Another negative is there is a global standards assessment all employees must now take and pass with an 80% grade to impress regulators and integrity monitor. This assessment is to be taken on an annual basis. Unfortunately, the wording of the test is flawed. It's a multiple choice/true false subjective test that his resulted in massive failures. These "global standards" often contradict the procedures employees are given by their line managers resulting in massive chaos. In many respects this bank does not know what its doing. HSBC claims they have a "culture of transformation" to correct the mistakes of the past. That was true under CEO Irene Donner. Under current CEO Stuart Gulliver HSBC is now a culture of toxic restoration.