If you're one of HSBC's 23,000 UK-based retail or commercial banking employees, chances are you've received a message this week that's impossible to ignore. On 21 May 2025, the banking giant issued a stark warning: fail to turn up at the office for at least three days a week, and your annual bonus could take a hit.
A memo circulated internally outlined that employees who do not meet the 60% in-office threshold will be marked down in performance reviews—directly impacting year-end variable pay. From September, line managers will begin receiving monthly attendance data to monitor exactly who's coming in, who isn't, and who's putting their bonus at risk.
