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      HSBC

      Engaged Employer

      HSBC reviews

      3.8

      72% would recommend to a friend

      (28,336 total reviews)
      avatar

      Georges Elhedery

      69% approve of CEO

      65% positive business outlook

      Ratings by demographic groups

      HSBC has an employee rating of 3.8 out of 5 stars, based on 28,336 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 Financial Services industry (3.7 stars).

      Reviews by job title

      28K reviews
      4.0
      Jan 10, 2009

      HSBC follows other finanical services companies as they continue to trim jobs to focus on the bottomline.

      human resources manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      At the time I worked their HSBC paid people well for a job well done. I also thought that the recent focus on employee engagement was the approach, and focused efforts not only production but also on the welfare of employees, which are the most important asset. There was also a great group of people to work with.

      Cons

      The new performance management system focuses on attaining a normative distribution and the focus is more on meeting the numbers of the distribution curve than the actual performance of the employee. It also seems that the real focus on on taking away the great bonuses and merit increases. It is called pay for performance but it seems to be don't pay for good performance.

      2.0
      Jan 9, 2009

      HSBC, a resume builder

      Senior vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      If one is looking for an international company with potential opportunities overseas,HSBC is a good possible employer in upper level positions. HSBC does do a very good job at exposing their management group to a variety of training in groups of fellow employees from around the world. This enables an executive to gain great exposure to a diverse perspective and gain some valuable networking connections. HSBC has a very competitive compensation package and is a fairly good work life balance company.

      Cons

      Senior Management is not forthright. This place has a terrible culture. They have never been able to integrate the Household and Beneficial companies into one culture. One must remember that if you are not Brit you will never run this Bank even in the US. HSBC is presently in a no growth mode.

      4.0
      Jan 9, 2009

      Satisfied employee

      Systems analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      This is a very good company in a city with not many opportunities. Coming out of college, this was really my only option if I wanted to stay in this area. It has been a good place to work and I would say that I am a satisfied employee. Many others seem to be satisfied too, as they have been here for many years. Many 20+ year employees.

      Cons

      When most of your colleagues have worked here for many many years, it is hard to be promoted.

      Viewing 28246 - 28248 of 28,336 Reviews
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      Glassdoor has 36,769 HSBC reviews submitted anonymously by HSBC employees. Read employee reviews and ratings on Glassdoor to decide if HSBC is right for you.