Employee Handbook – HSBC Holdings plc - HSBC careers site

Employees whose normal hours are less than 35 hours per week are entitled to the payments describedin this section in proportion to their normal hours, when compared to the entitlement for a full timeemployee.No salary or other allowances or bonus payments will be paid for periods of unauthorised absence.Payments may be made for periods of absence due to reasons other than sickness or injury at theCompany’s absolute discretion.Subject to you following the absence rules laid down by the Company, normal pay less any Statutory Sickpay (“SSP”), Incapacity Benefit or other similar benefit, known as ‘Company Sick Pay’ will be continuedfor a limited period during authorised absence due to sickness or injury. The period for which CompanySick Pay will be paid currently depends on the length of your service with the Company and is as follows:• For those employees whose employment with the Company commenced on or after 1 April2001:ServiceLess than 3 yearsBetween 3 and 5 yearsOver 5 yearsMaximum period of Company Sick Pay grantedeight weeks (40 working days)16 weeks (80 working days)26 weeks (130 working days)Calculation of Company Sick Pay eligibility will be based on a rolling twelve month period whetherabsence is due to a single illness or a succession of illnesses.Note: Employees who have transferred from elsewhere in the Group may have had their prior entitlement‘red circled’. If this is the case, details will be contained in their contract or letter of appointment.• For those employees whose employment with the Company commenced prior to 1 April2001:ServiceLess than 2 yearsBetween 2 and 3 yearsBetween 3 and 5 yearsOver 5 yearsMaximum period of Company Sick Pay granted*eight weeks (40 working days)16 weeks (80 working days)26 weeks (130 working days)52 weeks (260 working days)Service in years refers to continuous service at 6 April each year.Maximum period is the maximum granted in any one year starting 6 April whether absence is owing to asingle illness or succession of illnesses.Note: Employees who have transferred from elsewhere in the Group may have had their prior entitlement‘red circled’. If this is the case, details will be contained in their contract or letter of appointment.