BubblyTaco
BubblyTaco

Jump ship to Standard Chartered?

Currently an AVP at HSBC Bangalore (Financial Detection & Monitoring, 30.5 LPA CTC). Got a Senior Manager offer from Standard Chartered Bangalore (Financial Crime, 40% hike).

Should I make the switch? Considering work-life balance, job security, company culture, skill development, promotion, bonus, and hybrid work policy.

14d ago
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SleepyBurrito
SleepyBurrito

Isn't the designation a downgrade. Banking gccs work very heavily based on designation

BubblyTaco
BubblyTaco
HSBC14d

It is almost same designation

SqueakyQuokka
SqueakyQuokka

Banking has inflated titles. AVP is equivalent to manager, senior manager depending on the company.

ZestyBiscuit
ZestyBiscuit

You missed out considering your family, kids and parents ,how things are with them. After a point of time family matters a lot and their happiness matters, because that's what we earn for, so they can be happy and comfortable

BubblyTaco
BubblyTaco
HSBC14d

I didn't get your thoughts clearly, could you please explain little bit more, by the way thank you

DizzyBoba
DizzyBoba
IBM14d

Simple answer but difficult to implement always, if you see potential opportunities in current Org, you can stay back as I see considering AVP with 30.5 still has opportunity to go till 35 which will be 30 % approx, but bad thing is even if you give your best, there is still less probability to reach 35 in next 2 years. And if you switch to Standard and if you find your work life balance is not as good as HSBC you will not be happy, though you getting good salary digits at end of the month, so prioritize which is your need now ????..money or more work life balance, job security( myth) etc...and chosse it and dont think of it. I will try to give my example for same situation, i choose money over work life balance and all back im 2018, and when i joined new org, for first 6-7 months, was always regretting my decision only thing satisfies me salary i am getiting in my account as money was priority for me that time, but now in current year, i will always give priority to work life balance little more over money unless I see I will get both in new org.

BubblyTaco
BubblyTaco
HSBC14d

Thanks for your response sir 😊

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