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What does GCB stand for HSBC?
Under its current management structure, HSBC ranks its employees under ‘global career band’ (GCB). Group managing directors, group general managers and executive are ranked as GCB1 and GCB2.
How long does it take for HSBC to release offer letter?
As far as I know it takes HR atleast 3 weeks to roll out the offer, once they get positive confirmation from the hiring manager (or the person you will most likely report to on the job). So, do not worry.
What is GCB?
Good class bungalows, more commonly known as GCBs, are considered the most exclusive residential properties in Singapore. To be classed as a GCB, the property must have a land area of at least 15,000 sq ft and be situated in those areas zoned for GCBs.
How much does a director at HSBC earn?
Director. The highest paid HSBC employees are Senior MD/Head Ofs at $400,000 annually. The lowest paid HSBC employees are Junior Operatives at $30,000.
How long is the HSBC interview process?
It’s about a 30 day process. There are 3 sets of interviews and assessment test that you have to score 80\% or more to be considered. I interviewed during an open job fair in 2005 and received a job offer within a week.
How do HSBC recruit?
Candidates for roles at HSBC will usually be taken through a number of steps, from submitting their CV and completing online assessments to telephone and face-to-face interviews. We aim for an inclusive work environment where everyone can reach their full potential.
Is GCB a freehold?
Like shophouses in Singapore, GCBs are not just large properties that you can own and live in with your family. They are also extremely limited, freehold assets in Singapore that holds special status even among landed properties in Singapore.
What is the meaning of GCB in HSBC?
And at least after 2 years you are eligible for promotion, though rarely anyone gets promoted in 2 years.Employees do have an option to… GCB refers to Global Career Band. In HSBC the level of your work is denoted by GCB. Generally GCB will be between 1–8 The higher your band the more you work and viseversa.
What is the meaning of global career band in HSBC?
In HSBC, Global Career Band is the level in organisation structure where you stand.Graduate Trainees start at band 8. And as one gets promoted, the band decreases. (Many other companies follow the reverse direction.)There are shades also in the band which means, not every promotion will change your band.
How much do HSBC employees get paid in India?
How much does HSBC in India pay? The average HSBC salary ranges from approximately ₹ 2,56,184 per year for Anti Money Laundering Analyst to ₹ 18,99,201 per year for Assistant Vice President. The average HSBC monthly salary ranges from approximately ₹ 20,000 per month for Associate to ₹ 22,000 per month for Analyst.
What is HSBC’s new leadership structure?
The bank says it is creating a ‘simpler leadership framework’ that makes it less hierarchical the higher up you go. HSBC currently has four management bands below Group CEO Noel Quinn: group managing director, group general manager, GCB1 and GCB2, where ‘GCB’ stands for ‘Global Career Band.’