Staff welfare as strategic performance in hsbc

HSBC implements new all-employee benefits strategy

HSBC Life offers comprehensive welfare programmes such as generous annual leave, regular medical checks and insurance cover for your children. The EAC organises a sports club, regular family days, annual Staff welfare as strategic performance in hsbc and many other activities.

Rewards and benefits HSBC Life provides a competitive market-place with fair pay to attract, motivate and retain the best people. She joined from Santander UK, where she was head of reward and international mobility, having been at that organisation for six years.

We offer a range of delivery channels that provide the most effective solutions. Key business challenges Capturing the growing international financial flows between its commercial and corporate clients as they grow from small enterprises to large international corporate organisations.

The streamlining project will culminate in the delivery of a new benefits proposition in that will provide all employees with a suite of competitive benefits regardless of their role or career band. Classroom-based training brings people together to learn and to network.

As a working parent with a young family, Gunawickrema values holiday days and the flexibility she has to buy or sell holiday, depending on what her plans are for a particular year.

From your first day with us, we aim to provide you with the best learning and development tools to help you achieve numerous milestones in your career. Applicants who are not contacted within eight weeks should consider their applications unsuccessful.

All these are aimed at creating a work-life balance. Days can be bought and sold up to a maximum of five days. We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace. Our rewards are based upon variable pay for performance, whereby an annual bonus is linked to an appraisal process that looks back at past performance as much as future potential and development.

Number of employees at HSBC 2010-2017

The bank has also introduced single sign-on. In preparation for streamlining its employee benefits, HSBC ran a consultation process with employees and staff representative bodies, including its pension trustees, from January to April Maria Strid, head of performance and reward, says: It serves about 58 million customers through four global businesses: Private medical insurance PMI From Januaryall employees will be eligible for company-paid private medical insurance for themselves and their family.

Holidays As ofannual holiday entitlements will range from days plus public holidaysdepending on global career band.

Our strategy

Hasintha Gunawickrema Hasintha Gunawickrema, senior business performance manager, European retail banking and wealth management, has worked at HSBC for seven years. Sometimes that means they move on and do other things, but seeing somebody develop and successfully go through their reward career is something quite special.

Using its position in faster-growing markets to capture social mobility and wealth creation through its wealth management and private banking businesses. Strid says one of her biggest career achievements has been her role in changing the status quo.

We attach great importance to the aspirations of all employees, and we pool their ideas through various staff activities such as a Staff Forum, a Senior Management Lunch Table and regular Global People Surveys. We will be launching that in the fourth quarter this year. The business employspeople worldwide, with 47, based in the UK, and has 6, offices around the world, in both established and emerging markets.

Employee feedback HSBC prides itself in its employee feedback efforts, and the benefits consultation process was no exception, says Strid. This gives her flexibility around managing family commitments. Having such amazing support from my employer makes me feel valued.

She started her reward career at a design engineering consultancy Ove Arup and Partners. Data held by us relating to employment applications will be kept confidential and used only for processing applications. The health of staff and their families is important to us.

Flex upgrade In line with its aim to offer employee benefits that appeal to all staff, HSBC has also upgraded its flexible benefits platform to a new system offered by Aon Hewitt.The strategy of HSBC is based on capturing growing international financial flows and global economic development.

Measuring our impact Our performance on environmental, social and governance issues. To find more detail about our strategic priorities and financial targets and access our investor presentation. Staff recruitment HSBC Life is an equal opportunity employer.

We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace. university of bedfordshire leading people in organizations shr assessor: dr pauline loewenberger hsbc case study Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.

The research project investigates the staff welfare as strategic performance in HSBC. The most part of this research address question about alignment of staff welfare as strategic propose to achieve the strategic aim of HSBC. This project is going to present impact of staff welfare in absenteeism.

The members of the nine departments of the World Rugby staff: Executive, Commercial, Communications, Finance, Development and International Relations, Legal, Competition and Performance, Technical Services and Rugby World Cup.

HSBC At Our Best Recognition is now available to access from outside of the workplace. When visiting the website outside of the workplace login details will be required.

Staff welfare as strategic performance in hsbc
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