Hi Guys,

I want to know the salary hike process in
HSBC Software Development India Ltd. I'm yet to join the company in July, I have few queries like
Will I be eligible for next hike cycle ?
How much will be the hike percentages in HSBC?

Thanks in advance.

HSBC HSBC India

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Posting as :
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Yes you will be eligible for next hike. However, you won't be getting much hike I guess ( you will get the default rating and hike) however it also depends on your line of business and team

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What is the default hike %, is 7-8% or in double digits?

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There is no fixed number as default hike, however expect it to be in 5-10% range. Anyone who joins before October will be eligible for hike which will be effective from March of next year.

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Mates, has HSBC started layoffs in India?

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Were you eligible for hike? if not, from when will you be eligible ??

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