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Offered salary from HSBC usually depends on your current CTC. You can ask for 40-50% increment
Only negotiation happened still waiting for soft offer letter
When did you have your negotiation/HR discussion? Did they agree to what you were asking?
In my case I had an HR discussion a week back where they asked me cctc and the expectations and said we'll get back to you with the soft offer etc followed by other things.
Usually how long does this take? Can/should we reach out to the HR or does it sound too desperate
The sad thing is that HR takes their own time and this process ends up being very slow. They do get back eventually but it takes time. My last round of interview took place in mid-October and my offer letter came by November end
The soft offer comes first. If you’re ok with the CTC mentioned in it, you can reply with confirmation and they’ll initiate the next step. If you need clarification, you’ll have to call up the HR person mentioned in the email.
I had a consultancy working as a mediator so I used to chase them for updates.