Average Salary for HSBC Employees

Average salaries for HSBC workers verge on the six figures ($92K). The most important factor affecting pay for HSBC employees is your job title, though how long you've been working and geography play a role as well. The data for this report comes from responses to the PayScale salary survey.

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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 annually; Information Technology Consultants, Information Technology Project Managers, and Banking Branch Managers also rank near the top of the list, pulling in $110K, about $98K, and $98K, respectively. Among the lower-paid positions at HSBC are Senior Financial Analysts — the median salary for this role approaches around $70K.

Years of Experience

Average pay is approximately $88K per year for those with five to nine years of experience. Workers who have been with the company for more than one year but less than five can make about $69K annually on average. The largest slice of the HSBC workforce (38 percent) has been working for 10-19 years and earns, on average, around $107K per year.

Locations

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

Certifications and Degrees

Salaries approach $107K annually for Chartered Financial Analysts; non-accredited workers make much less. Acquiring certification to be a Project Management Professional is rewarded with median pay of $97K per year. Regarding salaries and education, HSBC pays those with a Master of Business Administration (MBA), Business Administration the most — about $145K.

Skills

In this role, the best-paying skill appears to be Regulatory Compliance; individuals who claim it among their capabilities enjoy a higher median salary of around $109K annually. Financial Analysis is considered a run-of-the-mill skill; just under one-fifth of HSBC's people use it regularly. Other skills in demand are Project Management, Microsoft Excel, and Customer Relationship Management.

Benefits and Perks

HSBC sponsors a 401(k) program, and most survey participants use this option to save for their retirement. For almost all employees, benefits include health insurance, and most employees 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.

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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