HSBC
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HSBC Salary & Benefits reviews

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Singapore94 reviews

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3.8Work-Life Balance
3.8Salary & Benefits

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Found 13 reviews matching the searchSee all 14,597 reviews

effort ≠ commissions

Indeed Featured review

The most useful review selected by Indeed
commission is not visible. how well you are paid is not based on revenue points. commissions are paid on peer ranking. very outdated company and slow......commissions are pathetic 😭

Pros

chill place

Cons

a lot of extra duties not stated in contract
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stressed work place with minimal pay

low salary and bonus, little perks and benefits, stressful and busy life, jurassic it system, sometimes relaxed environment, good office locations, popular company
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HSBC insights

Based on 3 survey responses
What people like
  • Clear sense of purpose
Areas for improvement
  • Feeling of personal appreciation
  • Energizing work tasks
  • Supportive environment

nice place to work in

work as a contract staff,conductive working environment where im included in benefit such as free lunch and dnd. However,since im a contract staff,there is no work progression

Pros

free lunch

Cons

less work, less learnt stuff
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Great work life balance

Overall supportive culture, great place to work in. Management allows flexibility to work from home and gives time off for emergencies. Benefits are great as well.
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Engaging Work Environment

The work ambiance is engaging with helpful colleagues. However, organisation is a large MNC hence, changes are slow and many work are still manual and communications between departments are fragmented. Staff are willing to go extra mile for customer service and problem solving, however, due to the fragemented culture amongst departments, the process becomes a tedious maze of back and forth communication.

Pros

Staff Health Benefits

Cons

Long hours, fragmented culture with organisation
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Low chance of advancement

Low chance of advancement as everything is structured in my departmentSame daily routine.Bureaucratic. Everything is under your line manager's decision.Everything is specialized so you only do one small part of the chain.If you wanna a decent job without thinking about advancement or brainstorming in your career, then working here is a safe choice.Anyway, it may not be correct review for the whole bank but for my department only.

Pros

Good salary

Cons

No advancement in your career
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Work too long hours

Due to restructuring, many staffs are working long hours to cover for the shortage of staff. The knowledge had been lost when the old staff are being retrenched.

Cons

Working hours are too long
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Good environment, but be careful.

Overall HSBC is a good place to work in. Colleagues are friendly and helpful.No discrimination. However do be careful of the management. More often than not, they would want to protect their "rice bowl" at your expense. Although the organisation claims to be open, you will sometime find it hard to express or share your views. Salary wise is acceptable, bonus is acceptable. If your intention is to do a Sales role in HSBC, I would recommend otherwise. Discretionary bonus for sales role, not ideally the best as you may not get paid for the effort you put in.

Pros

Friendly working environment, good salary scale.

Cons

Discretionary bonus for sales role, not ideally the best.
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tbd

Pros Great work culture Nice management Nice opportunities to learn and experiment Cons Salary is slightly below market standards. .......................
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Productive workplace

The workplace is rather individualistic. A typical day at work only have staff gathering for morning coffee and lunch breaks. Otherwise, the office is silent.
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Organise and systematic, but tough working place

Everything must be done on time in tight schedules; No time to talk and inspire; Most of time have to work and stay late in order to complete the jobs, sometime needs also to come on weekends without pay; but staff is good.

Pros

no free lunch, work and stay late without pay even on weekends

Cons

need to work long hours
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Typical bank culture

Depending on who your line manager is, it can be either a bad or good experience for you. The work pressure can sometimes be overwhelming, which is not surprising for a bank. Being a foreign bank has a good and bad side: the good part is that most of the time the local process and decisions will be influenced by the global management. The bad side is - most of the time the local process and decisions will be influenced by the global management.

Pros

high salary base (compared to other industries), a lot of annual leaves

Cons

Too many bosses, org structure is flatter than other companies which hinders employees from progressing up
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I love HSBC, becasue we had a ncie CEO.

We have good management team to lead us, and we ready good work life balance over there. every month we are given free treats from the management team.

Cons

pay too low
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Overall rating

Based on 14,597 reviews

Ratings by category

3.8 out of 5 stars for Work/Life Balance
3.8 out of 5 stars for Salary/Benefits
3.6 out of 5 stars for Job Security/Advancement
3.6 out of 5 stars for Management
3.8 out of 5 stars for Culture

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