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How is HSBC, Pune?

Aksh Shah
Ranch Hand

Joined: Aug 01, 2006
Posts: 45
Hi Pals,

Could you please tell me about work culture, onsite opportunities, salary and kind of work in HSBC, Pune?


SCJP 1.4 | SCBCD 1.3 <br /> <br />"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - Mark Twain
Mark Herschberg
Sheriff

Joined: Dec 04, 2000
Posts: 6037
"Akash",

Welcome to JavaRanch. Please look carefully at the official naming policy at Javaranch & reregister yourself with a proper first & last name, with a space between them. Initials may be used for a first name, but not a last name. Please adhere to official naming policy & help maintain the decorum of the forum. The naming policy can be found at http://www.javaranch.com/name.jsp

--Mark
Aksh Shah
Ranch Hand

Joined: Aug 01, 2006
Posts: 45
Hi..

Any Answer for this?

Cheers!
Akash
Sumit Chopra
Ranch Hand

Joined: May 26, 2006
Posts: 176
I think overall it is pretty good. Salary is good w.r.t. Pune.
Approx. 4yrs --> 6L,work and work culture is good, onsite I do not know.
Shrinivas Mujumdar
Ranch Hand

Joined: Aug 27, 2004
Posts: 328
Hello,

Salary & Designation wise its bogus,If you are working as SSE somewhere , they will offer you Post of SE (One Level down)..intresting thing is there is no logic behind this.
I don't know why its a company rated at 5th Position in the list of "Best Companies to work for in India".perhaps, its mainly because of domain & may be some facilities.

Shriniwas
Aksh Shah
Ranch Hand

Joined: Aug 01, 2006
Posts: 45
Thanks Sumit and Shriniwas...

Shrinivas...can you please provide me with the compelete list of "Best Companies to work for in India"...

They are offering me SSE position. As you correctly mentioned, It seems that Salary wise they are not good but again so is the case with every big Fish in the industry...They are charging for brand name also.

Ranchers...Could you please share the info. about work culture, onsite opportunities, salary and kind of work in HSBC, pune.

with 3 yrs of exp. on java/j2ee what salary shall I expect?

Akash.
Zip Ped
Ranch Hand

Joined: Jul 26, 2005
Posts: 336
I am not sure about the onsite oppurtunities in other domains, but if you are in the Mainframes side, they send you to Geneva, Switzerland.

I think they pay well and the infrastructure is fantastic. Will find out more info and let you know.
Abhijit Kumar
Ranch Hand

Joined: Sep 28, 2005
Posts: 225
I agree that HSBC has one of the best infrastructure, I have seen. If you are into QA/Testing, most of the work is manual.

AK
Sim Kim
Ranch Hand

Joined: Aug 06, 2004
Posts: 268
I guess for 3 yrs experience they would offer about 5.5 per annum which is pretty low . Not sure about the posistion though . For SE it may be 5.5 but for SSE it should be more .

any inputs about how much are they offering ?
Sumit Chopra
Ranch Hand

Joined: May 26, 2006
Posts: 176
Originally posted by SIM KIM:
I guess for 3 yrs experience they would offer about 5.5 per annum which is pretty low . Not sure about the posistion though . For SE it may be 5.5 but for SSE it should be more .

any inputs about how much are they offering ?


For 3 years 5.5 is pretty decent salary IMHO.
Shrinivas Mujumdar
Ranch Hand

Joined: Aug 27, 2004
Posts: 328
I think for 3 Years you should get around 6..as far as HSBC is concerned if they are offering 5.5 (5% tolerance) then its Great news!!!..As far as i know they do not offer more than 5 (rather 4.8) for 3 yrs.

As far as one survey in 2005 goes.......Best Companies to work for in India
its
Infosys
Sasken
Genpact
%$%^$^%^&(i don't remember now.)




HSBC (At No.5)

Shriniwas
Sumit Chopra
Ranch Hand

Joined: May 26, 2006
Posts: 176
6L salary for 3 years experience is definitely not the average salary in Pune. It is indeed on the higher side. You will not find too many companies which would offer that kind of salary here in Pune.
Shrinivas Mujumdar
Ranch Hand

Joined: Aug 27, 2004
Posts: 328
Hey Sumit,
Amdocs,Unica offers 5.5+ for 2 Yrs of Exp....& few more(T-Systems,Sungard) around 5 for 2 Yrs.Ultimately it depends on How good you fit in the current requirement...

Shriniwas
Sim Kim
Ranch Hand

Joined: Aug 06, 2004
Posts: 268
Thats right . Generally product development companies offer more than services companies .

So in Pune , you can get 6 L for 3 yrs experience provided you can prove yourself .

I can also add TPT ( Triple Point ) in the list .

I also got a call recently from HSBC , Pune for interview . they told for 3 yrs they offer maximm 5.5 L if you are very good in interview . I replied HR , that I am not interested .

Sumit where do you work ?
Sumit Chopra
Ranch Hand

Joined: May 26, 2006
Posts: 176
Originally posted by SIM KIM:
Thats right . Generally product development companies offer more than services companies .

So in Pune , you can get 6 L for 3 yrs experience provided you can prove yourself .

I can also add TPT ( Triple Point ) in the list .

I also got a call recently from HSBC , Pune for interview . they told for 3 yrs they offer maximm 5.5 L if you are very good in interview . I replied HR , that I am not interested .

Sumit where do you work ?


I agree with you since I myself am paid 7L+ for 3+ years experience. All I wanted to say is that it not average and not all get it. I said "You will not find too many companies which would offer that kind of salary here in Pune." The above few companies that you mentioned are the few ones that would pay rest/majority are not that competetive. So 5.5 for 3 years is not bad at all. That's all I wanted to say . Things have changed in Pune in last 1 year or so. Before that most of the companies followed the thumb rule salary = exp in years + 1 L +/- some variations depending on the individual.

I remember when I first started to work in Pune about 2.5 years back in a big product development MNC which was considered to be a paymaster in Pune at that time, I somehow came to know of my team lead's salary . He got 6.5 for 5+ years exp at that time and was considered very good.

But now salaries are starting to mount in Pune too.
Aksh Shah
Ranch Hand

Joined: Aug 01, 2006
Posts: 45
Hi Ranchers,

I'm getting SSE Position and salary that they are giving is 5.25...for 3+ years exp is it good salary? My Interview was pretty good and they are considering me for Some internal Architect Team also...

What is your openion about this? Shall I Accept/Reject this offer or shall I negotiate on salary?

Please respond

Cheers!
Akash
Aksh Shah
Ranch Hand

Joined: Aug 01, 2006
Posts: 45
Hi Pals,

Can You Please share the info. about HSBC?

Cheers!
Akash
ankur rathi
Ranch Hand

Joined: Oct 11, 2004
Posts: 3830
Hi,

Sorry, I haven't seen this thread before, so replying late.

Work culture - excellent - perfect balance of personal and work life - very open - very cool life - I mean, it's great.

Onsite - a lot but of short duration, the best thing is, you can go anywhere in the world, not stick to only one or two places.

Salary - good but can't be considered as a pay master (but you can cover it by onsite)

Infrastructure and facility - one of the best in country.

Overall, it's great place to stay for long term.
[ August 22, 2006: Message edited by: rathi ji ]
Aksh Shah
Ranch Hand

Joined: Aug 01, 2006
Posts: 45
Thanks rathi ji...

Have You worked with HSBC or You've got this info from your sources?

Thanks Sumit, Shrinivas, Sim Kim, Abhi for info...its very helpful.

Cheers!
Akash
ankur rathi
Ranch Hand

Joined: Oct 11, 2004
Posts: 3830
Originally posted by Shrinivas Mujumdar:

I don't know why its a company rated at 5th Position in the list of "Best Companies to work for in India".perhaps, its mainly because of domain & may be some facilities.

Shriniwas


Where did you get this information?
Ashok Mash
Ranch Hand

Joined: Oct 13, 2000
Posts: 1936
Originally posted by Kailash Thiyagarajan:
...they send you to Geneva, Switzerland.


I don't work for HSBC, but been to their (one of the) Geneva offices recently and the guys are I worked with were sound � knew their stuff, and easy going too. However, I hope they would pay you bucket loads of cash, because Geneva is expensive! For instance, eating out would cost you 30 to 50 francs (approx 25 � 40 $)!


[ flickr ]
Zip Ped
Ranch Hand

Joined: Jul 26, 2005
Posts: 336
I agree with what Rathi has said except for the part:

Work culture - excellent - perfect balance of personal and work life - very open - very cool life - I mean, it's great.



I have to disagree on this. I havent heard or worked for any company where you can strike a perfect balance of personal and work life. This applies to HSBC too, as I know people who have worked there and who still work there.
ambar patil
Ranch Hand

Joined: Nov 29, 2005
Posts: 226
-for onsite there are good chances as compared to other.
-work may be on some existing framework or may me on new techs..depend upon project.
Abhijit Kumar
Ranch Hand

Joined: Sep 28, 2005
Posts: 225
@Akash Shah: Please check your PM.
 
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