Average Salary for HSBC Employees

HSBC employees enjoy considerable salaries — pay is approximately $96K annually on average. Though how long you've been working and your city do impact pay, your job title is the primary influence on employee salary at HSBC. This report is based on 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 Risk Management rake in the most money, with average earnings of approximately $157K per year; Compliance Managers come in second with average earnings amounting to $122K, while VPs of Sales and Senior Compliance Officers rank near the top as well ($120K and $105K, respectively). Near the bottom at HSBC are Personal Bankers, pulling in an average of just about $57K.

Years of Experience

For those with one to four years of experience, median paychecks reach around $70K annually. Five to nine years of work experience seem to result in median wages of about $100K per year. The largest slice of the HSBC workforce (40 percent) has been working for 10-19 years and earns, on average, around $116K annually.

Locations

When it comes to location, the highest average paycheck ($130K per year) can be spotted in Chicago, Ill.; New York, N.Y. ($125K), Jersey City, N.J. ($116K), and San Francisco, Calif. (approximately $95K) are the next top-paying cities. Buffalo, N.Y. is near the bottom for pay at $77K. By state, HSBC pays its New Jersey employees the most; the pay rate there is $116K annually.

Certifications and Degrees

Salaries approach around $140K per year for Certified Public Accountants; non-accredited workers make much less. Acquiring certification to be a Chartered Financial Analyst is rewarded with median pay of approximately $132K annually. It pays to have a Master of Business Administration (MBA) at HSBC — these employees make the most at $187K per year.

Skills

The highest-paying skill to have in this role seems to be Risk Management / Risk Control; employees claiming this as part of the toolbox earn a median of about $128K annually. Microsoft Excel is a popular skill in the HSBC workforce; approximately one-seventh of those surveyed report putting it to use in their jobs. Some other standard skills here are Customer Relationship Management, Project Management, and Financial Analysis.

Benefits and Perks

A strong majority of survey participants contribute to 401(k) savings accounts sponsored by the firm. HSBC provides health insurance to a large number of survey participants, and most employees do receive dental coverage. HSBC folks also make good use of a company cell phone, tuition reimbursement, a casual working environment, a stock purchase plan, and optional telecommute / work from home.

HSBC Employer Job Listings

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Key Stats for HSBC

Gender

Female
39 %
Male
61 %
Salary
$49,355 - $130,074
Salary
$59,314 - $133,848

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.
038
Less than 1 year
2%
1-4 years
21%
5-9 years
22%
10-19 years
38%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

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