Remuneration
Our goal is to deliver a unique and exceptional experience to energise colleagues to perform at their best regardless of gender, ethnicity, age, disability or any other factor unrelated to performance or experience. This is critical to strengthening our ability to attract, retain and motivate the people we need in competitive labour markets where employee expectations continue to evolve.
Our approach is centred on our purpose and values, and our reward principles and commitments are:
- We will reward our colleagues responsibly through fixed pay security and protection through core benefits, a competitive total compensation opportunity, pay equity, and a more inclusive and sustainable benefits proposition over time.
- We will recognise colleagues’ success through our performance culture and routines, including feedback and recognition, pay for performance, and all employee share ownership opportunities.
- We will support our colleagues to grow through our proposition beyond pay, with a focus on future skills and development, support for well-being, and flexibility.
Our remuneration practices promote sound and effective risk management to support our business objectives and the delivery of our strategy, and align compensation with long-term stakeholder interests.
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 and governance, including our current Directors’ Remuneration policy, can be found in the Directors’ Remuneration Report of our Annual Report and Accounts.
Employee share plans
To help align the interests of employees with those of shareholders, conditional share awards and share options are granted under all-employee share plans. Discretionary awards are granted in the form of conditional share awards.
Particulars of conditional share awards and share options under employee share plans can be obtained by downloading the following documents:
