Rewards/Benefits
HFC Bank recognises the huge importance of its employees, and is proud of its contribution to maintaining a highly motivated, well remunerated, professional workforce.
Salary and Benefits
In addition to competitive salaries, which are reviewed annually, HFC Bank offers benefits you would normally associate with a progressive employer. All permanent full and part-time employees are eligible for:
- Life assurance and long-term disability plan (subject to underwriting)
- Medical insurance for employee, spouse and family
- Matching, up to certain limits, of additional voluntary contributions to the pension plan
- A non-contributory pension scheme
- Performance related incentives/bonus (for eligible employees)
- 22 days holiday entitlement (minimum), increasing with service to 25
- Childcare support programme
- Eligibility to participate in share ownership plans
- A range of banking facilities through HSBC and First Direct
- Discounts off the price of new Vauxhall, Saab and Mercedes
- Plus a number of benefits from our parent company HSBC
Our aim is to provide fair and competitive salaries that recognise and reward individual performance. In this way we can meet both our employees' and the company's requirements. First we have job documentation and job evaluation guidelines to help us keep a proper relationship between jobs inside the Bank. Secondly, we participate in salary clubs and we subscribe to salary surveys that enable us to set a competitive salary policy relative to the marketplace. Thirdly, through our performance appraisal reviews salary increase guidelines and incentive plans (where applicable) we provide financial incentives for you to meet and exceed the requirements of your job.
