HSBC Notice Period Overview

1. Notice Period for Employees

• For Freshers / Entry-Level Employees:
  • Typically 1 month notice period when resigning voluntarily.
  • Employees are expected to serve full working days unless a mutual waiver or buyout is approved by HR/management.
• For Experienced / Mid-Level Employees:
  • Standard notice period is usually 2–3 months, depending on your designation, role, and employment contract.
  • Senior roles, critical project positions, or specialist roles may require longer notice periods.
• Probation Period Employees:
  • Employees on probation generally have shorter notice periods, often 1 month or less for both resignation and termination.

2. Notice Period Buyout / Waiver

• HSBC allows notice period buyouts in certain cases:
  • If an employee receives an offer from another company and wants to join earlier, HSBC may allow a buyout, where the employee compensates the company for the remaining notice period.
  • Approval is at the discretion of HR and project manager, and depends on project criticality.

3. Exit Procedure During Notice Period

• Handover of Work: Employees must transfer responsibilities to a replacement or reporting manager.
• Clearances: Company assets, documentation, and project credentials must be returned.
• Final Settlement: Salary for the notice period, pending bonuses, leave encashment, and other dues are settled after completing notice obligations.

4. Resignation Process

• Submit resignation in writing to HR and reporting manager.
• Serving the full notice period is generally mandatory, unless a buyout or waiver is approved.
• Leaving without serving notice or without approval may result in salary deductions or penalties.

5. Key Points to Remember

• Freshers / entry-level employees: 1 month notice
• Mid-level / experienced employees: 2–3 months (sometimes longer for critical roles)
• Probation employees: typically 1 month or less
• Buyout or waiver possible, but requires approval
• Exit formalities include handover, asset return, and final settlement

Other Important Information About HSBC

Company Overview

• HSBC is one of the world’s largest banking and financial services organizations, with a presence in more than 60 countries.
• Services include retail banking, wealth management, commercial banking, investment banking, global markets, and technology solutions.

Roles and Recruitment

HSBC hires fresh graduates and experienced professionals for roles including:

• Technology / Software Roles: Trainee Software Engineer, Technical Associate, Application Developer, Data Analyst, Cybersecurity Analyst.
• Banking / Finance Roles: Relationship Manager, Credit Analyst, Risk Analyst, Operations Associate.
• Support / Operations Roles: Customer Service, Operations Executive, Back Office, Compliance Associate.

Recruitment Process

1. Online Aptitude / Technical Test (logic, reasoning, quantitative, verbal, computer fundamentals)
2. Coding Test (for technical roles)
3. Values / Behaviour Assessment (scenario-based evaluation)
4. Technical Interview (CS fundamentals, programming, projects)
5. HR / Final Interview (communication, motivation, fitment)

Salaries

• Freshers in technical roles: ₹4–6 LPA
• Experienced professionals: ₹6–25+ LPA depending on role, seniority, and location
• Bonuses, incentives, and allowances depend on performance and designation

Work Culture

• HSBC emphasizes professional ethics, corporate values, and compliance.
• Career growth depends on performance, certifications, and internal mobility.
• Flexible working options and international exposure are offered in some locations.