Hi Fishes

I will be joining HSBC sometime soon. Can anyone tell me if HSBC gives any one time amount to set up home office ?

@HSBC @HSBC

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No they have stopped that , they only provide relocation amount.

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15k one time reimbursement , they are providing from last 3 years new joinee. Check with HR for latest numbers.

Is this in addition to the compensation mentioned in the offer letter? Also is this applicable to local candidates? How can we avail this?

They have stopped doing that.
They expect hybrid model so you need be in office twice a week.

I got a one time settlement of 40k that was taxed on. You need to submit the BTAF form, apply the same on the HR portal once you’re in, get approvals from your manager and the cost centre head and then it’s credited to your account in the subsequent payday.

This was a relocation settlement. Not sure if it applies to setting up work from home

You are correct.
That's one time applicable.
Needs to be agreed with PM and it would also need current location of the company out of Pune (if you are joining Pune)

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