12.07.2015 Views

Employee Handbook (HBEU) - HSBC careers site

Employee Handbook (HBEU) - HSBC careers site

Employee Handbook (HBEU) - HSBC careers site

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SB3-5, SD3-5, SC3-5**, SF3-5, SX1-6, SL1-6, SW3-5, TC3-6** and GCB6-GCB1on flexible contracts employed prior to 1 st December 2006. Regulated employees employed from 1st December 1999 to 30 November 2006.ServiceMaximum period of normal pay granted***Less than 3 yearsBetween 3 and 5 yearsOver 5 years8 weeks (40 working days)16 weeks (80 working days)26 weeks (130 working days)** Current levels of entitlement were retained on conversion to flexible contract where thesewere higher than the periods of normal pay granted in this table. However, any futureprogression is based on the above table.*** Calculation of maximum period of normal pay granted will be based upon a rolling 12month period whether absence is due to a single illness or succession of illnesses.<strong>Employee</strong>s:On flexible contracts employed from 1st December 2006 in grades/bands SB3-5,SD3-5, SF3-5, SW3-5, GCB6-GCB1 and all regulated grades.ServiceMaximum period of normal paygranted****Up to 6 monthsBetween 6 and 12 monthsBetween 1 and 3 yearsBetween 3 and 5 yearsOver 5 yearsStatutory Sick Pay only2 weeks (10 working days)8 weeks (40 working days)16 weeks (80 working days)26 weeks (130 working days)**** Calculation of maximum period of normal pay granted will be based upon a rolling 12month period whether absence is due to a single illness or succession of illnesses.All sick pay is calculated and paid monthly in arrears following the receipt of the Absencereturn form completed by your line manager.Bank sick pay includes any entitlement you may have to Statutory Sick Pay (SSP). If banksick pay ceases, you may still be entitled to SSP (for up to 28 weeks' sickness in total). Thebank reserves the right to refuse to pay sick pay (including SSP) if it has reasonable cause tothink that you are not genuinely sick, or are abusing the sick pay policy.You should be aware that the bank may reduce your holiday entitlement for the holiday yearon a pro-rata basis related to your attendance during that year. Any incentive schemearrangements, as may exist, may also be affected.Should your SSP entitlement exceed bank arrangements as set out in the HR ProceduresManual then, on exhaustion of any bank sick pay, you will be paid SSP in accordance withyour statutory entitlement. Payment of SSP is dependent on you satisfying rules regardingperiods of incapacity, the period of entitlement, qualifying days and rules for the notification ofabsence.

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