Average Salary for HSBC Employees

Salaries are high at HSBC, with the median employee bringing home $97K per year. Your role at the company is the biggest factor affecting pay for HSBC workers, followed by your experience level and geography. The data for this overview comes from 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 Risk Management are awarded the highest paychecks, with compensation nearing $154K annually on average; VPs of Sales are next on the list, bringing in close to approximately $130K, followed by Compliance Managers earning about $122K and Business Development VPs making $110K. Among the lower-paid positions at HSBC are Relationship Managers — the median salary for this role approaches around $70K.

Years of Experience

For those with one to four years of experience, median paychecks reach $69K per year. Five to nine years of work experience seem to result in median wages of about $89K annually. When we consider tenure, a substantial portion of employees (39 percent) have been working for 10-19 years and make $114K per year on average.

Locations

When it comes to location, the highest average paycheck ($126K annually) can be spotted in Chicago, Ill.; San Francisco, Calif. (around $125K), New York, N.Y. (approximately $122K), and Jersey City, N.J. ($116K) are the next top-paying cities. On the lower end is Tampa, Fla. at $69K. The highest pay by state can be found in New Jersey, where salaries average out at $116K per year.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Project Management Professionals, who make about $127K annually. Acquiring certification to be a Certified Information Systems Security Professional is rewarded with median pay of around $105K per year. HSBC compensates Master of Business Administration (MBA)-holders the most at $187K annually.

Skills

Employees who count Risk Management / Risk Control among their skills enjoy higher pay; the median for this group is approximately $124K per year. A common skill in HSBC's work force is Customer Relationship Management; around an eighth of survey participants report using it on the job. Employees also tend to round out their skills sets with Microsoft Excel, Project Management, and Financial Analysis.

Benefits and Perks

To plan for old age, a fair number of workers maintain savings accounts through the company's 401(k) plan. A large number of employees have health insurance, and benefits for a large number of respondents also include dental insurance. Privileges also include a subsidized cell phone, tuition reimbursement, a casual working environment, a stock purchase plan, and life insurance.

HSBC Employer Job Listings

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Key Stats for HSBC

Gender

Female
40 %
Male
60 %
Salary
$50,671 - $128,484
Salary
$59,768 - $132,282
Less than 1 year
2%
1-4 years
20%
5-9 years
24%
10-19 years
37%
20 years or more
17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 40 votes.

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