We aim to attract and motivate the very best people who are committed to maintaining a long-term career with us and to performing their role in the long-term interests of stakeholders.
The following key principles guide our remuneration decisions. We aim to:
Focus on total compensation with a strong link between pay and performance
Judge not only what is achieved, but also how it is achieved, and whether
it is in line with the HSBC Values
Operate a thorough performance management and HSBC Values
Recognise and reward our employees for outstanding positive behaviour
Design our policy to align compensation with long-term stakeholder
Apply consequence management to strengthen the alignment between risk
The Group Remuneration Committee oversees the Group’s reward policy and its application to Group businesses. All members of the Committee are independent non-executive Directors of HSBC Holdings plc.
More information on our remuneration practices can be found here:
HSBC remuneration practices and governance (11-page PDF 438KB)
More information on our Directors’ remuneration policy can be found here:
HSBC Directors' remuneration policy (9-page PDF 228KB)
Employee share plans
To help align the interests of employees with those of shareholders, share options are granted under all-employee share plans. Since 2005, discretionary options have not been granted on a widespread basis.
Particulars of options under employee share plans can be obtained by downloading the following documents:
Operating with high standards of conduct is central to our long-term success. We have processes, policies and a culture designed to ensure fair outcomes for customers and protect the integrity of financial markets.
HSBC is committed to high standards of corporate governance. We have a comprehensive range of policies and systems in place to ensure that the bank is well-managed, with effective oversight and control.