The Work Index by Flexa

HSBC

HSBC is a multinational banking and financial services organization serving millions of customers worldwide.

6.0

/10

Transparency ranking

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Description

HSBC is a multinational banking and financial services organization with a global reach spanning over 60 countries and territories. Their purpose, "Opening up a world of opportunity," drives their mission to connect people and businesses to opportunities across the globe, facilitating trade, investment, and growth. They serve a diverse customer base, ranging from individual savers to major corporations and governments, providing a comprehensive suite of financial products and services, including personal and commercial banking, wealth management, global banking, and insurance.

HSBC prioritizes sustainability and social responsibility, focusing on key areas such as combating financial crime, supporting a net-zero economy, and promoting a diverse and inclusive workplace. They are committed to ethical and responsible use of technology, particularly artificial intelligence and quantum computing, to enhance services and improve efficiency. Their commitment to high standards of corporate governance ensures accountability and transparency in their operations, fostering trust with customers, investors, and the wider community.

Flexibility

HSBC offers employees flexible working arrangements, allowing them to work in a way that best suits their needs. This includes the ability to work from home or in the office, as well as flexible hours and working patterns. The company emphasizes a hybrid working model, giving employees choices about where and how they work. They also provide a range of family-focused benefits, such as partial reimbursement of childcare costs and days off for key events.

Hybrid

Benefits

HSBC offers a comprehensive benefits package to its employees. This includes access to development programs, mentoring and coaching, as well as world-class training through HSBC University. Employees can work flexibly and have a say in how they work. HSBC also provides financial security with an employer-funded pension, holiday vouchers, and reimbursement of childcare costs. Other benefits include family-focused support such as allowances for parents of children with disabilities, days off for key events, and free access to the Headspace app for mental health support. Employees also have access to health checks and 5 weeks of paid vacation. Additionally, HSBC offers opportunities to work internationally and provides access to Employee Resource Groups that bring together colleagues with shared characteristics and interests.

Enhanced parental leave

Mission

HSBC's mission is to "open up a world of opportunity" for its customers, using its global reach and expertise to connect people, ideas, and capital to drive progress and growth. They aim to be the preferred international financial partner, serving individuals, businesses, and governments across 60 countries and territories, with a commitment to promoting sustainability and inclusion through its operations, products, and services.

Automation
Data-driven
Environmental impact driven
Social impact led
Sustainability
Tech for good

Culture

HSBC promotes a culture that values difference, collaboration, responsibility, and getting things done. They encourage diverse perspectives, teamwork across boundaries, accountability, and a dynamic approach to work. Their emphasis on inclusivity and employee well-being fosters a supportive environment where individuals can thrive and contribute to the company's success.

Collaborative
People-first
Progressive
Supportive
Transparent

DE&I

HSBC is committed to building a diverse and inclusive workplace that reflects the communities it serves. They believe that promoting diversity and fostering inclusion helps to energise growth and unlock the unique expertise, capabilities, breadth and perspectives of its colleagues. HSBC takes action in four key areas: disability, ethnicity, gender and LGBTQ+, aiming to increase representation across all levels, including senior leadership, and making a concerted effort to create an accessible and supportive environment for all employees.

Disability representation
Ethnically diverse
Gender diverse
LGBTQ+ representatiion

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