Average Salary for HSBC Employees

It is not unusual for people who work at HSBC to earn generous salaries — average pay comes to $92K annually. The most important factor affecting pay for HSBC employees is what you do at the company, though how long you've been working and geography play a role as well. This overview is based on answers to PayScale's salary questionnaire.

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Employer: HSBC
Average Salary Range by Job
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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

VPs of Sales are the best paid with the average salary hovering at $144K per year; Information Technology Consultants, Information Technology Project Managers, and Banking Branch Managers also rank near the top of the list, pulling in around $110K, approximately $98K, and $98K, respectively. Senior Financial Analysts at HSBC do not see much in the way of financial compensation and represent one of the lower-paid positions (about $70K on average) at the company.

Years of Experience

Between the one and five year mark, median pay is $69K annually. Five to nine years of work experience seem to result in median wages of $88K per year. The largest slice of the HSBC workforce (38 percent) has been working for 10-19 years and earns, on average, around $107K annually.

Locations

When it comes to location, the highest average paycheck (approximately $114K per year) can be spotted in Jersey City, N.J.; New York, N.Y. ($103K), Chicago, Ill. ($99K), and Los Angeles, Calif. (about $91K) are the next top-paying cities. Approaching the lower end of the pay scale (at approximately $65K) is Tampa, Fla. The highest pay by state can be found in New Jersey, where salaries average out at $114K annually.

Certifications and Degrees

Monetary compensation comes to around $107K per year for Chartered Financial Analysts, far surpassing the earnings of non-credentialed workers. Project Management Professionals with credentials can live quite comfortably; median salaries come in at $97K annually. HSBC compensates Master of Business Administration (MBA), Business Administration-holders the most at $145K per year.

Skills

The highest-paying skill to have may be Regulatory Compliance; employees who claim proficiency also report a higher average salary of about $109K annually. One of the more prevalent skills at HSBC is Financial Analysis, with slightly less than one-fifth considering it a key competency. Other top skills include Project Management, Microsoft Excel, and Customer Relationship Management.

Benefits and Perks

HSBC sponsors a 401(k) program, and a large number of employees use this option to save for their retirement. Perks cover health insurance for nearly all survey participants and dental coverage for a large number of workers. Some other advantages of working at HSBC are a company cell phone, life insurance, tuition reimbursement, optional telecommute / work from home, and a casual working environment.

HSBC Job Listings

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Key Stats for HSBC

Gender

Female
42 %
Male
58 %
Salary
$50,575 - $115,445
Salary
$58,858 - $121,581
Less than 1 year
2%
1-4 years
25%
5-9 years
27%
10-19 years
36%
20 years or more
11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

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