HSBC Employee Reviews

Salary - | Culture - | Management - | Coworkers - A

Pros: Great and friendly culture. Nice location
Cons: Need to be patient for deals to come in

Salary - C | Culture - A | Management - A | Coworkers - A

Pros: Good Work life balance and remote work
Cons: Yearly reduction in the number of people

Salary - B | Culture - B | Management - B | Coworkers - B

Pros: big company, looks good on resume
Cons: not a lot of recognition for hardwork

Salary - B | Culture - C | Management - C | Coworkers - C

Pros: Less work Big Teams Remote work
Cons: Not organized Office politics Too laid back

The management really needs to check on the team leads and communicate with them.

Salary - D | Culture - D | Management - F | Coworkers - D

Pros: -Good benefits package, especially lower out of pocket costs for healthcare. -Training massively improved, particularly over last 6-7 years. -If you know how or learn to automate anything (even via Excel), you will be -Easier to fail upward
Cons: -Standards lag behind peers. -Decades-old issues continue to be band-aided instead of addressed head-on and in a sustainable manner. -Old school emphasis on working hard instead of working smarter -Overpromising and underdelivering on efficiency initiatives -Offshoring used as a Swiss-Army knife for cost issues (see above re: band-aid approach) -Difficult to perform role without major compromise as administrative tasks consume large part of nearly all roles; little done to help employees day-to-day over last 5 years despite lagging pulse surveys. -Longstanding RACI issues in roles, regardless of business, result in many with a desire to and/or a track record of expertise in pushing improvement wearing hats extending well beyond intended scope of role. -Executive management dated in terms of philosophy and management style. -Strategy of nearly all the "eggs in one basket" re: Asia profitable, but, obviously quite risky and creating resentment amongst Asian stakeholders (leading to largest Asian shareholder to propose breaking up the firm which sent the Board on a charm offensive to assuage concerns and sway the vote). -Frenzied, unfocused environment (which can be said about the last firm that's convinced it can do everything its peers divested from years ago due to risk, profitability, sustainability, etc.) -Higher than average voluntary attrition and targeted reductions skewed toward higher performers creating challenging headwinds. -Executive management and messaging re: Russian assets (HSBC Bank (RR)) bordered on misinformation, but, at least payments finally stopped on 08SEP2023 (see points re: management above) when it truly became unsustainable from a profitability perspective.

Salary - | Culture - | Management - | Coworkers - C

Pros: good pay and employee benefits.
Cons: KPI and working long hours

Salary - | Culture - | Management - | Coworkers - B

Pros: good overall good management good salary good enviroment
Cons: not really not really not really not really

Salary - B | Culture - A | Management - A | Coworkers - A

Pros: Very good work like balance for finance. The people are all very easy to get along with in and outside of work.
Cons: Deal flow and growth isn't comparable to major U.S. banks.

Salary - A | Culture - B | Management - A | Coworkers - B

Pros: Good compensation good benefits. Good work tools.
Cons: Not many promotion opportunities and positions

Salary - C | Culture - B | Management - B | Coworkers - C

Pros: Work/life PTO Easy work Benefits
Cons: Downsizing of company Management Clicky employees