Anyone have any pointers on the 2 questions below?
How easy (time, expectations, approval process etc) is it for a current HSBC employees to move up the ranks from Band 4 to Band 3 in the Commercial banking business, technology strategy?
I'm currently interviewing for a role with HSBC's tech strategy team. Budgets and approvals for this role have been set at Band 4. My interviewees are Band 2 and 1 employees. They like me as a candidate but see me as too senior for Band 4. From my perspective, while it may be a compromise in salary I see great long term potential in this role- I will be building a team from the ground up in an area which is seeing growth and which I am passionate about.
If we get to a negotiation stage one of 2 things will happen. Either they will be able to upgrade the role to Band 3 or they will need to be convinced that I will be happy in a Band 4 role for now. If the latter I will need to be clear on performance targets, time frames and expectations for a promotion to Band 3 in say 6/12 months.
Anyone have any experience with this, either negotiating a higher band on entry or negotiating a promotion plan? If the latter, I presume the promotion plan will be significantly different to that of a current HSBC employee coming up the ranks? Anyone have any stories they can share?