Benefits

We assess and reward individual performance.

HSBC’s approach to remuneration consists of four main elements:

• Fixed pay
• Annual leave
• A range of benefits, which may cover areas such as work-life balance, insurance and savings, health and personal development
• Employee share plans and discretionary pay awards based on performance
• We believe that the way people achieve their goals is essential to the long-term sustainability of our business

We believe that the way people achieve their goals is essential to the long-term sustainability of our business. As a result, annual performance reviews also take into account employees' adherence to HSBC's values.

Our approach to remuneration, including any discretionary incentive or performance-related awards, is designed to reward success appropriately and to ensure that what we pay employees is aligned with our business strategy. To achieve this, we assess individual performance against our annual and long-term financial and non-financial objectives.

Flexible working

As part of HSBC's commitment to an open, supportive and inclusive working environment, we recognise that our employees have different personal circumstances and want a suitable work-life balance. We support our staff to adopt flexible and alternative ways of working where possible, including working from home and different hours.