HSBC - whats included ,whats not *** HELP***

virtual_morpher
By virtual_morpher

Hello QL'er,

 

Does anyone here have an idea as to whats included as part of the monthly package at HSBC specifically and Doha banks in general for a mid-level managerial position (corporate banking NOT retail).

 

I'm been asked for a "number" that I'm expecting and my understanding is they want to know a "all-inclusive" figure .Is this the norm ? its kinds wierd they wont be specific as to whats included.So far I know medical for self and family is included. For travel - they provide a one time annual payout towards airfare.

 

If this goes thru , I would be relocating from the US and would appreciate any feedback on

1) What should I expect at the very least as part of the package

2) How much room do I have to negotitate and what are some of the must-have I need to make sure are accounted for

3) Regarding housing - is asking for furnishing allowance resonable ( if not provided already)

 

Some of the questions I will be clarifying with them are regarding

 

1) Family sponsorhip

2) Bonus eligible or not and how much if yes

3) Appraisal frequency

 

this post got long in a hurry- but please let me know what else to ask/clarify . thanks

 

-peace & cheese

**vIRt**

 

 

 

 

 

 

By mariam-mar• 1 Apr 2008 07:13
Rating: 5/5
mariam-mar

So far i know is that HSBC is the highest or say they have a good offer..

 

"There's nothing we can do to change the past, if it teaches  you a lesson profit from it then, forget it."

By rael• 31 Mar 2008 23:17
Rating: 5/5
rael

 

 

1) Family sponsorhip: 

Yes. If you are getting sponsorship then consider the family (i.e wife and kids) sponsored.

2) Bonus eligible or not and how much if yes 

HSBC & DB figures - 6 months sal for nice job, 10 months for Good, 14 - 18 mons for great/excellent.

CBQ & MAR figures - 6 - 8 months salary avg., 12 - 15 mons for great. But these banks provide other special catches (like higher sals)

Full Bonuses elligible only if you join before September. And depends alwez on the overall yearly performance of the respective banks.

3) Appraisal frequency

Bonus - Yearly(above mentioned).

Special bonuses - Quarterly(Based on Individual performance)

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