VPs of Sales are awarded the highest paychecks, with compensation nearing $144K per year on average; Business Banking Relationship Managers are next on the list, bringing in close to $119K, followed by Information Technology Consultants earning approximately $110K and Information Technology Project Managers making $98K. On the lower end are Senior Financial Analysts at about $70K on average.
When it comes to location, the highest average paycheck (around $120K annually) can be spotted in Jersey City, N.J.; New York, N.Y. ($101K), Chicago, Ill. (about $101K), and Los Angeles, Calif. (around $91K) are the next top-paying cities. Tampa, Fla. is near the bottom for pay at $61K. By state, the highest pay levels are found in New Jersey, where the average HSBC employee makes $120K per year.
Years of Experience
For those with one to four years of experience, median paychecks reach approximately $68K annually. Respondents who have been working for five to nine years make $90K per year on average. The largest slice of the HSBC workforce (38 percent) has been working for 10-19 years and earns, on average, $103K annually.
Certifications and Degrees
Certified ITIL Leaders have significantly higher pay than non-accredited workers at approximately $115K per year. Earning a Project Management Professional certification garners significant financial rewards of around $98K annually on average. HSBC compensates Master of Business Administration (MBA), Business Administration-holders the most at $145K per year.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of about $108K annually. A relatively widespread skill at HSBC is Financial Analysis; about one in seven of employees use it for work. Microsoft Excel, Customer Relationship Management, and Regulatory Compliance are also desirable skills.
Benefits and Perks
A 401(k) program is available, and most respondents use it to save for retirement. Nearly all employees report having health insurance, and a large number of respondents report having dental coverage. Employees can also look forward to a company cell phone, life insurance, tuition reimbursement, optional telecommute / work from home, and a casual working environment.