HSBC reviews

3.9

72% would recommend to a friend

(28,230 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 28,230 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
5.0
May 20, 2008
Recommend
CEO approval
Business Outlook

Pros

HSBC has many reasons why it's one of the best places to work: strong brand committment, strong ethical values, respectful to the environment, investing in the employees, and good communicaiton, good benefits, and meritocratic performance management. Some of the brightest people in the corporate global population are here at HSBC. The culture is in some ways like other financial institutions but different in that a senior management truly cares about the engagement of the employees - are they happy, would they recommend HSBC, would they stay at HSBC. Environmentally, I feel like they are leading the charge. A new headquarters in Illinois is a prime example - from cisterns on roof to collect rainwater for toilets to a cafeteria that is green to energy and paper saving strategies. The green effect cascades to the consumer as well with less direct mail compared to other companies.

Cons

It's a global company and you feel the size when planning initiatives that span regions or continents. An example of this feeling is sheer paperwork and meetings. It's a facet that most people in regionalized or local companies don't feel. It's not necessarily a bad thing but part of doing business.

4.0
May 15, 2008
Recommend
CEO approval
Business Outlook

Pros

Being that we are one of the most global companies in all of the world, there are an incredible number of opportunities both here and abroad. I personally joined not only for the program I am in, which is spectacular, but for the great possibility to take my experience to HSBC in another country, immerse myself in the culture there, learn a lot, make an impact, and achieve financial success in the meantime. This can happen anytime in my career, whether I decide to do it sooner, when I become more seasoned and can offer a greater contribution, or both. I am very pleased with the opportunities that have presented themselves to me in my somewhat short tenure at HSBC. They recognize me as a high performer, not just a younger employee.

Cons

Our national headquarters is located in Mettawa, Illinois. This is about 30 miles north of the city of Chicago. While the building itself is beautiful, I wonder about the young talent that we are alienating by being so far from the city. Understandable, the cost of real estate in the city itself is ridiculous, but somewhere closer could bring in a whole new wave of talent. Another downside is the fact that most of our business does not operate under the HSBC name, rather Beneficial and Household Financial. One of our worldwide strengths is the brand equity we have, but here in America, people hear HSBC and say "who?"

3.0
May 13, 2008
Recommend
CEO approval
Business Outlook

Pros

Very smart people, lots of global opportunities if that is compelling to you. Big company wields a lot of power with vendors so great benefits, decent vendor relationships where vendors are allowed to operate.

Cons

If you don't want to work globally, it will hamper your career progression and your opportunities. Not the best place for women, particularly those who want a work/life balance. These days, most of the growth and innovation is very limited to a couple of groups who are then pushing protocol and platforms out to other parts of the organization. If you want to be a trailbreaker, the opps are limited.

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