Disorganized, but Some Great benefits - Vice President/Director HSBC Employee Review

3.0
4 Apr 2018
Recommend
CEO approval
Business outlook

Pros

Time Off Program (TOP) - A VP starts with 25 days off. It increases every 5 or so years by a week too. Working from Home/Remote - HSBC has great flexibility to work from home. They encourage changing roles to learn other areas of the bank. Movements are not discouraged.

Cons

This place is chaos. It's very hard to make important changes at an intuition this large. In addition, since the parent company is in London, many of the Key Risk Indicators and standards are based on UK standards at the global level and do not account even for the way more stringent US regulatory requirements. If you stay here for a few years, you will be sure to be undervalued and underpaid. The only way to make more money is to work somewhere else. Pay increases are never substantial unless you move up a Global Band tier. Lateral movements do not consider additional responsibility, hours, etc. and are treated the same, so there is no pay increase if you move to VP role to another VP role, regardless of any of the aforementioned factors.

Explore other reviews about HSBC

5.0
2 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good environment and nice place to work and learn

Cons

nothing else to say the users were excellent

1.0
29 May 2026
Recommend
CEO approval
Business outlook

Pros

Never come. All the positions and all area is same terrible. HR official turnover rate reach to 15%, some core hard working positions even can be a higher rate

Cons

They don't respect employees, there's a suit in New York area initiated by previous bankers in 2023. Because they asked for a lot of volunteering work on formal job but never pay

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