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Average Salary for HSBC Employees

HSBC offers hefty wages with the average worker making $92K annually. The most important factor affecting pay for HSBC employees is your role at the company, though geography and how long you've been working play a role as well. This report is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

HSBC typically pays:
10%
above market
Similar employers pay:
1%
above market
Employer: HSBC
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
[-]Project Manager, Information Technology (IT) (5)
$57,527 - $150,458  
   
[-]Project Manager, Information Technology (IT) (5)
Salary$58,377 - $134,055  
   
Bonus$2,404 - $24,650  
Total Pay$57,527 - $150,458  
[+]Sr. Compliance Officer (5)
$53,738 - $146,196  
   
[+]Sr. Compliance Officer (5)
Salary$54,037 - $136,929  
   
Bonus$1,494 - $18,768  
Total Pay$53,738 - $146,196  
[+]Vice President (VP), Sales (4)
$79,041 - $212,950  
   
[+]Vice President (VP), Sales (4)
Salary$67,049 - $184,811  
   
Bonus$5,253 - $61,386  
Total Pay$79,041 - $212,950  
[+]Senior Paralegal (4)
$50,329 - $102,546  
   
[+]Senior Paralegal (4)
Bonus$1,025 - $10,725  
   
Total Pay$50,329 - $102,546  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 219

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About This Company

HSBC Tower
London 

1865

National Commercial Banks, Investment banking, Financial Services, Offices of Bank Holding Companies

290,000


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Earning about $144K per year on average, VPs of Sales receive the most money, followed by Business Banking Relationship Managers (around $119K), Information Technology Consultants (approximately $110K), and Banking Branch Managers ($98K). With salaries averaging $70K, Senior Financial Analysts are among the lowest paid at HSBC.

Locations

When it comes to location, the highest average paycheck ($120K annually) can be spotted in Jersey City, N.J.; New York, N.Y. (around $103K), Chicago, Ill. (approximately $101K), and Los Angeles, Calif. (about $91K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Tampa, Fla. — at $61K, salaries are some of the lowest in the country. Across HSBC's U.S. offices, employees in the state of New Jersey earn the most, taking home $120K per year.

Years of Experience

Between the one and five year mark, median pay is $67K annually. Five to nine years of work experience seem to result in median wages of around $91K per year. Overall, the greater share of HSBC folks have 10-19 years of experience and earn an average $104K annually.

Certifications and Degrees

Certified ITIL Leaders earn $115K per year, far more than their non-accredited counterparts. Uniform Securities Agent State Law Holders with credentials can live quite comfortably; median salaries come in at $98K annually. HSBC compensates Master of Business Administration (MBA), Business Administration-holders the most at about $145K per year.

Skills

The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of approximately $108K annually. Financial Analysis is a popular skill among HSBC workers, with around one in six of those surveyed reporting using it on the job. Many workers usually know Microsoft Excel, Customer Relationship Management, and Regulatory Compliance as well.

Benefits and Perks

A large number of respondents take advantage of the 401(k) plan that HSBC sponsors. For almost all respondents, benefits include health insurance, and most respondents get dental coverage, too. Advantages of working here also include a company cell phone, life insurance, tuition reimbursement, optional telecommute / work from home, and a casual working environment.

Key Stats for HSBC

Gender

Female
44 %
Male
56 %
Salary
$50,094 - $111,382
Salary
$57,616 - $121,166
Less than 1 year
1%
1-4 years
22%
5-9 years
30%
10-19 years
36%
20 years or more
11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
United States (change)

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