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Senior Software Engineer

Senior Software Engineer
Former Employee
Worked at HSBC for 4 years
November 23, 2014
Pune, Maharashtra
3.0
RecommendsNegative OutlookApproves of CEO
Pros

Fun-loving company. Lots of events.

Best company if you want money with no work.

Work-life balance depends on the project and manager.

Weekend working is not encouraged by many managers.

Hikes and annual variable pay are good.

Cons

Techies - please don't join HSBC. You will forget your technical skills if you stay here for a year.

Initial stages of projects are taken very lightly, and in later stages, everyone has to work extra hours.

Very few onsite opportunities.

Visas get rejected for software engineers as the total of onsite allowance and salary does not meet the UK government's minimum salary to survive.

Onsite allowance has not been revised since 2007.

Technically, there is very little work. Processes and environments take up a lot of time.

There is a lot of hierarchy which is not actually required.

There is no single point of contact who knows the end-to-end of any project.

Contract-to-hire has spread its roots because of the HSBC group's CEO. The company does not care if any employee is willing to leave HSBC; he is immediately replaced by a contract employee.

Attrition rate is very high.

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