HSBC reviews

3.8

72% would recommend to a friend

(28,273 total reviews)
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Georges Elhedery

68% approve of CEO

66% positive business outlook

HSBC has an employee rating of 3.8 out of 5 stars, based on 28,273 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 4, 2015
Recommend
CEO approval
Business Outlook

Pros

close to my home; a lot of Chinese so even no need to speak English during work.

Cons

No promotion at all, too many rules so that so much time wasted on doing those "political right" things, then CxO level only can think of re-structure, which is to cut people, to solve issues, but too bad, this will not solve the real issues, and this company is like a train moving towards wrong direction on tracks, no chance to turn a round. I can put my bet here, after 10 years, HSBC will be worse than what it is now. favouritism: couple years ago, a new guy got hired, and he started reading documents. But half month later, he was awarded employee of the year. And more, half year later, his wife was hired as well. And even more surprisingly, similar thing happened not just once. A recent example, a guy in India, who is the team lead, worked so hard, almost day and night. Then a new manager from nowhere was inserted between him and his manager. We all felt surprised. If this team lead quits the job, the productivity of this function will be cut half, as most other experienced people were gone already. bureaucracy: before release, testing server got memory issue, and I found the time out setting got extra 0, so it was 10 times as it should be. But the direct manager could not dare to make go/no go decision, then all the managers in the team(big team including other functions) had meeting at least 30 hours long to discuss this go/no go decision. I am saying this, not because of I got laid off. I had had my chance to move to other team before laid off happened, I chose to stay in order to get severance pay so I could move on. I am saying this just to hope that the current work force can be treated fairly and HSBC can improve. It was HSBC gave me the opportunity to convert myself to be marketable in current job market.

2.0
Nov 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Global, great brand and generally good people to work with. The ability to meet most customer's needs with the resources of the company.

Cons

Lots of politics, leaders working for themselves and not the company. Overly rigid and inflexible as an organisation, very top down and push mentality. Too slow to change and burdened by regulatory issues. Great culture in words, but not dlivered in reality.

3.0
Oct 24, 2015
Recommend
CEO approval
Business Outlook

Pros

Fair pay and great benefits package Various Employee Resource Groups: Celebrate diversity and allow employees to get involved Possibility of international opportunities

Cons

Their management style, at least in my team, encourages silos and seperation amongst team members. In attempts to save costs, decisions are made that complicate processses as opposed to simplifying them. An increasing reliance of offshore team has diminished the quality of our work. They attempt to standardize work that cannot be standardized! They also are obsessed with data - how much work you are completing, how many minutes you spend on a task, etc. Sometimes complying with their tracking tools takes more time than the work itself. Their processes are disorganized and leave room for interpretation causing endless debates over what is the right way to do something. They constantly change priorities. You may spend hours working on something only to be told it is no longer important and there goes all your effort down the drain! Overall, very frustrating working for them.

Viewing 214 - 216 of 28,273 Reviews

Glassdoor has 36,688 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.