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An anonymous letter from Hang Seng employees complained of dissatisfaction, saying that HSBC's pass-through treatment is higher, and the company is expected to face the problem squarely

2021-12-28T05:39:03.388Z


The local old bank Hang Seng (0011) broke out that employees submitted anonymous complaint letters. The content involved the management methods of the "district chiefs" of individual branches, and even the employees of Hang Seng who transferred from the parent company HSBC and the existing employees had "different pay for the same work"


The local old bank Hang Seng (0011) broke out that employees submitted anonymous complaint letters. The content involved the management practices of the "district chiefs" of individual branches, as well as the "different pay for the same work" between the employees of Hang Seng who transferred from the parent company HSBC and the existing employees. The sender hopes to express dissatisfaction to Chief Executive Shi Yingyin, hoping that the management can face up to the relevant issues.

In reply to the enquiry on this website, a spokesperson for Hang Seng stated that he had received the relevant letter and stated that he valued the well-being of employees and would follow up through existing internal procedures.

A frontline employee of Hang Seng sent an anonymous complaint letter to the management concerning the management practices of the "district mayor" and the "different remuneration for equal work" situation.

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Dissatisfied with "different pay for equal work"

According to the anonymous complaint letter obtained by this website, the previous paragraph is addressed to "Dear Chief Executive Officer Ms. Shi Yingyin", which was sent by a group of Hang Seng frontline employees who said they came from different districts and different ranks.

The letter alleges that there are individual "district chiefs" who are responsible for managing the business of various branches. After being transferred from HSBC to Hang Seng, the first thing to do is to clean up the inherent team and hire colleagues from the "old boss" with high salaries. Privileges" and get positions that are "highly paid and well-paid" than the original Hang Seng employees.

In addition, the anonymous letter stated clearly that the remuneration packages of HSBC employees, including medical benefits, are higher than those of Hang Seng employees. It is also known as existing Hang Seng employees. Regardless of their performance, their labor remuneration is far from that of colleagues in the same position from HSBC. Some colleagues are "angry" and feel that the company is "good for outsiders and mean to their own."

Shi Yingyin, formerly the president of HSBC Hong Kong, took over as executive director and chief executive officer of Hang Seng in September this year.

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Hang Seng: Always attach importance to the well-being of employees

A Hang Seng spokesperson replied to the newspaper’s inquiry that he has received relevant letters and will follow up through existing internal procedures, emphasizing that the bank has always valued the well-being of its employees, and is committed to creating a good working environment for its employees, and creating a fair and excellent work environment. company culture.

However, the spokesperson did not respond to issues such as the specific pay gap between "HSBC people" and "Hang Seng people".

Hang Seng Bank is a member of the HSBC Group. The latter owns approximately 62% of the former. Employees between the two banks are transferred from time to time, including senior management.

Among them, Shi Yingyin, former president of HSBC Hong Kong, took over as executive director and chief executive officer of Hang Seng in September this year, and Guan Yingxian, the executive director and head of wealth management and personal banking of Hang Seng who retired in February next year, will be joined by HSBC. Li Hualun succeeded.

Source: hk1

All news articles on 2021-12-28

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