Hi All, need suggestion I got an HSBC offer, but no mention of how much variable pay will be given. Is it usual, or should I ask for it in writing? The HR earlier did say that it would be around 2 lakhs.

YOE 11
present CTC: 21(including variable)
Hsbc offer CTC: 28

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Yes Variable pay doesn't mentioned in offer letter but it would be max 3X of your 1 month salary. What's your GCB and location? I think you get the date of joining for January right?

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It should be mentioned in your offer letter about the entity, EDPI refers to Electronic data processing having mostly guys from Finance or BPO domain and some from Tech but in support projects they give lower Bonus and hikes . HTI refers to the Technology team providing high Bonus and Hikes.

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Max limit is 3x depending on GCB

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Mine is gcb 5

I am sorry to say for 11 YOE, you are low balled .

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Btw.. what do you think i should get according to my experience as BI Developer/Data Analyst

Primary Tech: Power BI, Qlik, SQL, Teradata

Hsbc is hiring freeze??

Ya i saw some people saying that. I am wondering if my offer letter is safe then, my joining is December

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Current CTC 20 fixed. YoE 11.
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However I know that there is scope of pushing the offer till 36. Any inputs on getting the offer to desired figure would be helpful.

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