Dear Colleague Welcome to HSBC Bank - HSBC careers site

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M99 0 TA0 Individuals employed before the introduction of flexible contracts in their business area MB3 6 TB6 Branch Network - new entrants after the introduction of flexible contracts MB4 5 TB5 Branch Network - new entrants after the introduction of flexible contracts MB5 4 TB4 Branch Network - new entrants after the introduction of flexible contracts MD3 6 TD6 Milton Keynes Branch - new entrants after the introduction of flexible contracts EOO 6 ET6 Management trainee Offshore Old Contract type GCB New Contract type Contract type/description G93 6 OA6 Offshore International Wealth Management contract G94 5 OA5 Offshore International Wealth Management contract G95 4 OA4 Offshore International Wealth Management contract G96 4 OB4 Offshore International Wealth Management contract 1.4 Pay 1.4.1 Payments to you Your pay comprises a basic salary and any entitlement to other allowances as stated in your offer letter or other communication from the bank. Any changes will be notified to you in writing or by circular. Your basic salary is pensionable and any allowances are non-pensionable, unless otherwise stated. Payment will be made into an account in your name with the bank, in 12 equal monthly instalments on or around the 20 th of each month. This means that you will be paid in arrears for work done up to the 20 th of each month and in advance for working from the 20 th to the end of the month. However, depending on the date in the month you join the bank, the payment period and/or date of your first salary payment may vary. Further 6
details on this are set out in the HR Procedures Manual, which is available through the bank’s intranet. Salary and, where applicable, any allowances, accrue in respect of each hour or part thereof, which you work. Payment is subject in all cases to statutory deductions of income tax and such social security contributions, social insurance contributions or employee national insurance contributions as are applicable and any other deductions which the bank may be obliged to make. You will receive a monthly pay statement detailing gross pay and deductions. 1.4.2 Bank Account It is a requirement of your employment that you maintain an account with the bank into which your salary will be paid. If a new HSBC account is being opened for this purpose, for new entrants working within centralised sites and the bank’s Headquarters this account will usually be domiciled within the National Sort Code (40-01-00). For new entrants working within the branch network, the account will usually be held at the branch where you are to work initially. 1.4.3 Salary for Clerical Grades The bank reviews its current levels of pay each year and where appropriate seeks to agree through negotiation any changes with Unite. Any changes to your basic salary will be notified to you by letter, circular or in your monthly pay statement. In addition current pay bands applicable to your grade and/or area of work are set out in the Pay Matrices section on the Offshore intranet site. 1.4.4 Salary for Management and Salesforce Grades/Bands The bank reviews its current levels of pay each year. Any changes to your basic salary will be notified to you by letter, circular or in your monthly pay statement. Current minimum salary levels applicable to management grade employees up to and including band GCB4, and minimum and target salaries for Salesforce grade employees are set out in the Rates – Salaries and Allowances section of the HR Procedures Manual which is available on the bank’s intranet. 1.4.5 Incentive Schemes The bank currently operates performance related discretionary incentive schemes designed to reward employees according to their efforts and the achievements of the bank. The existence of and rules of the schemes are entirely discretionary and operate in accordance with non-contractual rules, which may be in place from time to time. Further information is detailed on the bank’s intranet or in the HR Procedures Manual. Separate incentive schemes apply to members of the regulated Salesforce and to Senior Managers. The existence of and rules of such schemes are also entirely discretionary and operate in accordance with non-contractual rules, which may be in place from time to time. Further details of such schemes will be communicated directly to such 7
Page 1 and 2: Dear Colleague Welcome to HSBC Bank
Page 3 and 4: Section 6 - Security of Employment
Page 5: Clerical employees Previous Grade S
Page 9 and 10: In the event that the overpayment i
Page 11 and 12: Guernsey GY1 3AZ Tel: 01481 724711
Page 13 and 14: The parameters set out above apply
Page 15 and 16: (ii) Management and Salesforce Grad
Page 17 and 18: If your working arrangements includ
Page 19 and 20: You may be asked to give your conse
Page 21 and 22: *** Calculation of maximum period o
Page 23 and 24: 1.10 Cars 1.10.1 Management Car Sch
Page 25 and 26: The pension benefits detailed in th
Page 27 and 28: egarding the handling of informatio
Page 29 and 30: Notice periods applicable when the
Page 31 and 32: or suppliers and you must not retai
Page 33 and 34: about this and the steps that follo
Page 35 and 36: 2. CODE OF BUSINESS ETHICS AND RESP
Page 37 and 38: • Observing the spirit and letter
Page 39 and 40: 3. RULES AND REGULATIONS Whilst the
Page 41 and 42: Permission will not be granted for
Page 43 and 44: The following points must be consid
Page 45 and 46: You are referred to Compliance Guid
Page 47 and 48: activities can be found on the bank
Page 49 and 50: • care should be taken to verify
Page 51 and 52: We will only collect and process da
Page 53 and 54: • take photographs or video image
Page 55 and 56: • ensure each employee accepts he
Page 57 and 58:
4. BENEFITS AND FACILITIES You may
Page 59 and 60:
4.1.7 Mortgage Subsidy Scheme The M
Page 61 and 62:
4.2.4.3 The HSBC Childcare Scheme a
Page 63 and 64:
information resources and a key par
Page 65 and 66:
• for HIUL employees childcare fa
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