HSBC

• Good work culture.
• The organization believes in providing resources with sufficient time to get quality work done.
• Excellent policies. None of your achievements would go unnoticed. If you have an accomplishment, be sure that you will be rewarded for it.
• Very good in terms of hikes and variable pays as compared to other IT industries.
• One of the very few organizations where you won't feel the "work pressure". However, I have heard of some managers who do pressurize their subordinates. But again, you have many doors open to raise your concerns.
• You would rarely be stopped by anyone for learning, irrespective of whether the learning is relevant to your job or not.
• Best place if you are of the kind who prefer to spend your lifetime in an organization!

• Lack of challenging work.
• Although you are permitted to learn a great deal, you may rarely get a chance to implement them in your day-to-day activities.
• Since roles are fixed among different teams in a project, you may seldom get a holistic view of the project you are working in.
• Beware, you may end up being assigned to a job profile that may not relate to your skillset and experience.
• Freshers are most likely to end up as Mainframe or AS400 programmers/testers (although some may get better opportunities).
• All the above points may make you feel stagnating within a year.

Please implement IJP (Internal Job Posting) in a better way. There are many who try this and see that it doesn't really work, and finally take the last option to quit.