Average Salary for HSBC Employees

It is not unusual for people who work at HSBC to earn generous salaries — average pay comes to $94K annually. Your role at the company plays the largest role in compensation at HSBC, but how long you've been working and geography affect income (to a lesser degree) as well. 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 Sales represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $144K per year — though Business Banking Relationship Managers, Information Technology Project Managers, and Banking Branch Managers also do fairly well at about $119K, $98K, and approximately $98K, respectively. With salaries averaging around $65K, Relationship Managers are among the lowest paid at HSBC.

Years of Experience

Workers who have been with the company for more than one year but less than five can make $69K annually on average. Average pay is $89K per year for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (38 percent) have been working for 10-19 years and make around $110K annually on average.

Locations

When it comes to location, the highest average paycheck (about $119K per year) can be spotted in Jersey City, N.J.; New York, N.Y. ($103K), Chicago, Ill. ($103K), and Los Angeles, Calif. (approximately $91K) are the next top-paying cities. Approaching the lower end of the pay scale (at $64K) is Tampa, Fla. By state, HSBC pays its New Jersey employees the most; the pay rate there is about $114K annually.

Certifications and Degrees

Monetary compensation comes to $107K per year for Chartered Financial Analysts, far surpassing the earnings of non-credentialed workers. On average, salaries rise to $97K annually for accredited Project Management Professionals. At HSBC, employees who hold a Master of Business Administration (MBA), Business Administration receive the highest salaries at approximately $145K.

Skills

In this position, it pays to have Regulatory Compliance in your toolkit; employees who claim proficiency enjoy a higher median salary of around $111K per year. A common skill in HSBC's work force is Financial Analysis; one-sixth of survey participants report using it on the job. Other skills in demand are Project Management, Microsoft Excel, and Risk Management / Risk Control.

Benefits and Perks

A large number of employees report contributing to a 401(k). Almost all respondents can count on health insurance, and most respondents have dental coverage as a benefit. Perks 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
41 %
Male
59 %
Salary
$50,575 - $115,445
Salary
$59,079 - $123,362
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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