Pros
1. Size - HSBC stands tall in one of the top 10 banks of the world (by their total assets), which you could take pride in. 2. Salary - One must know that foreign banks are one of the best pay masters amongst all the industries. They usually pay at the higher side in comparison to most of the other companies. HSBC is no different. 3. Appraisals - They have excellent pay-outs at the time of appraisals, which is mostly in double digits (>10%). 4. Bonus - Again, the foreign banks have the best pay-outs in terms of performance bonus. At HTI this is usually 1 to 2 times of monthly salary and paid in the month of March yearly. 5. Work-life balance - Superb in most of the cases. Work from Home (WFH) - As every employee is issued a laptop, WFH is a trend here. Taking WFH once or twice in a month is absolutely normal here. 6. Holidays - One is entitled to 30 days of privileged leaves in a year, on top of 4 days of public holidays. In total, 34 leaves. There are sick leaves too which one could avail upto 10 days in a year. There is no other leave alloted on festive occasions like Holi, Eid, Diwali, X'mas, etc. However, one is free to take leaves on those occasions from their leaves balance. Also, out of those 30 privileged leaves one has to take 10 days (equivalent to 2 weeks) of mandatory vacation in one stretch which is called core leave at HSBC. One could take the core leave anytime of the year. The best part is at HSBC everyone is bound to consume 30 privileged leaves in a year as there is no mechanism to carry-forward the remaining leaves to the next financial year. So one gets to be away from work for quite a good amount of time, unlike many other organizations.
Cons
1. Lately, the promotions have become slow at HTI. There is no certain timeline for a person to get promoted. One could take 3–5 years (or even more) to get promoted, wherein a lot depends on manager and the kind of team one is into. 2. As HTI has no external clients and it works only for the HSBC group, there are only few on-shore opportunities, unlike many IT companies.
