HSBC reviews

3.8

72% would recommend to a friend

(28,250 total reviews)
avatar

Georges Elhedery

69% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,250 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
2.0
Jun 20, 2014

Could be good but isn't

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work / life balance is OK. Employees at my level are actively encouraged to work from home 1, 2 or 3 days per week. During the day there's a lot of freedom to go about doing your thing without having people hover over you. As an employee you're treated as an adult with appropriate give and take. The company is also by far the most global I've ever been a part of. Many companies claim to be global by nature of having offices everywhere. But at HSBC there is far more global collaboration than what I've experienced elsewhere. If you serve your time, there are opportunities to move internationally as well. The majority of people I work with are not from Canada even though we all work out of the same office now. On the whole, corporate values are fairly open. Right now for example, HSBC is sponsoring a few events for World Pride. Internally there are posters encouraging employees to participate in Pride events as well. World Cup 2014 is currently in full swing in Brazil and many employees are taking full advantage of excellent TV coverage to watch games, participate in pools etc. So there is definitely a light-hearted aspect of HSBC which is embraced.

Cons

I consider my pay to be low. The time-off policy is not overly restrictive, but it's an oddity to me in that you get x days off (depends on seniority) but if you're sick that counts as time off. So you're not supposed to take 100% of your time off as vacation, but rather leave a day or 2 "in the bank" just in case you get sick. The biggest con of HSBC Canada though is that there's no sense of urgency in anything and thus no sense of direction. To me it feels like I'm working with a gigantic blob of Jello. The mass kind of jiggles and moves in a direction that's roughly forward, but it's really slow going. And when you contribute your bit, the mass just kind of jiggles some more without really feeling like there's forward momentum. Without a sense of urgency, everything just slows down as people ease up. So we end up doing stupid things like creating spreadsheets which then need to be manually copied to Powerpoint which then gets emailed out as an update which no one really pays attention to anyway. But hey - we have a deck and somehow that's perceived as being a Good Thing. People development does not seem to be a priority either. As a new hire I was thrown 20 or so web-based trainings (which taught me nothing new really) and I got to attend a couple of conference call / trainings. Other than that, I find I need to rely on my own initiative to learn how stuff really works at HSBC and who does what. There is essentially no formal training for on boarding a new employee and as far as I can tell, no policy for internal training let alone external third-party training courses. I suppose if I build a case and ask I might be allowed to attend some course somewhere, but it's up to me and my initiative. I don't think HSBC will proactively initiate training unless it's another web-based compliance thing.

1.0
Oct 23, 2013

Waste you life

Recommend
CEO approval
Business Outlook

Pros

A famous brand, that's it!

Cons

- Very easy to maintain your job if you are "smart" enough, just play with them, when everybody is fighting for their tasks, you can only cost 2 hours to finish the job for the whole week, then pretend hard working - Very easy to deal with the managers or whoever above your position, just play your role like in a drama, say what they think you should say, do what look smart but actually stupid as management suggested. - Very easy to feel proud if you are in IT department, as they are using systems from Jurassic Period, if you know a bit Database, or coding .NET ...just something very superficial, you may look like a HERO to them. - Very nice OLD employ will teach you get a long with managers, as they will be your reference in the future. - Very nice peers will strongly support you to find another job outside of the company when they think you are a danger one, who blocked their way up. - Very hi-tech management will provide you a blackberry to ring you up at 2 am and asks you to give a response in 20 mins without over time pay. - Very easy to avoid making any trouble at work, what you need to know is make things as big as you can, let as many as ppl to involve, they will fight with each other very quickly and eventually totally forget about who you are and what you have done, sometimes even yourself dont know who you are! - Very fair anonymous survey every year as all managers will 100% sure who gave them negative feedback.

1.0
Oct 15, 2013
Recommend
CEO approval
Business Outlook

Pros

If you want to "sounds good" in your resume, then it might be worth. Benefits are not bad, but compares what you contribute to the company, it is just OK.

Cons

Over 80% of your energy need to be wasted on office politics, as you never know the person sitting beside you could be your manager's wife, uncle, aunt, father in law, or "mate" at night Doing work smart could not be the reason to get promoted, but if you know the rule of the game, you will probably win. Example: when everybody looks like idiot in the meeting, and someone is doing the job incorrectly, the best idea is shut your mouth up, and act as an idiot as everyone else, otherwise , you will be "let go" soon. whenever anythings up, the first thing you should do is cover your own a**! If you want to stay there in the rest of your life, you should either work hard as a DOG without no respect, or you work as an a**hole to get in good relationship with those big a**holes by ALL MEANS, this is the rule of the game at there forever. System running down is a common "event" there, as LOW IQ people all over to do the system design, analysis, and management, and no one really care what they did for the bank really, no one care their peers really.

Viewing 88 - 90 of 28,250 Reviews

Glassdoor has 36,654 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.