HSBC Software Development Senior Consultant Specialist Reviews

Likes

Great working culture and a equally supportive environment and middle management lineup. Appraisals are done fairly based on individual performance with continuous improvement feedback. Bonus packages are good.

Dislikes

Lot of politics in the upper management hence losing transparency in the vision. Salary hikes not as per current market standards.

Work Details

Work life balance is great here with a lot of flexibility.

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

Nothing in particular..

Dislikes

Everything related to work life, salary, perks, etc.

Likes

Year end bonus

Dislikes

Nothing as such

Likes

Likes

Work life balance with career development

Dislikes

Annual gifts are removed. There should be some kind of useful gifts from company every year.

Work Details

Work policy: 2 days/week from office

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

If you want work life balance then HSBC Technology is the right place for you. The yearly 22 leaves are credited at the beginning of the year instead of earning each month. There are 3 statutory holidays and the rest of the 10 public holidays are also credited at the beginning of the year. There is flexibility in work timings too. In fact I have seen people buy land then supervise and build their own property on that land - thats the kind of flexibility you can leverage. You will be reimbursed 2 certifications per year and hence you can keep certifying yourself (though you can't expect related works)....Read More

Dislikes

1. To start with - career progression will be next to none. The promotions are entirely based on your personal relationships with managers rather than performance. Infact your yearly performance appraisal itself will not depend much on your work performance. There will be hardly any projects with new technology to upgrade your skills. 2. You may get good ratings but you may not get bonuses or hikes as per your ratings. In short salaries/pay hikes/benefits are not normalised and highly irregular. Don't be fooled when HR's will say otherwise. Senior Consultant Specialist can be paid as low as 20L per anum to as high as 35-40L per annum in the same team/technology. Similarly consultant specialist may be paid higher than Senior Consultant Specialist - yes these things are normal in HSBC. 3. There is something called Internal Job Posting which facilitates internal movement of colleagues across service lines/department. The process is simple - you apply, appear for interview and if you pass you will be offered the job - the whole process supposedly should be highly confidential. I was in WPB and have seen first hand how this system is misused. Candidates will be interviewed for namesake. The positions were ultimately given to candidates who had good rapport with the concerned managers or relatives/friends with the managers. The reporting managers of the other candidates would be informed (informally) about their application - thereby impacting the year end appraisals. Believe me or not this happens regularly. 4. You will be given mandatory learnings on conflict of interest. However you will soon find out that husbands are promoting their wives within the department and no one even raising any conflict of interest issues. Infact HSBC is ideal for you if your spouse/siblings/in-laws/partners are placed in higher management - because that for sure would guarantee higher pay/bonuses and easy career progression within HSBC....Read More

Work Details

Work policy: 2 days/week from office

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

Culture and work life balance

Dislikes

No career growth

Work Details

Work policy: 2 days/week from office

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

It is a great organization.

Dislikes

Being a banking organization it has unidirectional technology stack.

Work Details

Work policy: 2 days/week from office

Work days: Monday to Friday (Flexible Timings)

Work related travel: This job involves International Travel.