Earning about $144K per year on average, VPs of Sales receive the most money, followed by Business Banking Relationship Managers (around $119K), Information Technology Consultants (approximately $110K), and Banking Branch Managers ($98K). With salaries averaging $70K, Senior Financial Analysts are among the lowest paid at HSBC.
When it comes to location, the highest average paycheck ($120K annually) can be spotted in Jersey City, N.J.; New York, N.Y. (around $103K), Chicago, Ill. (approximately $101K), and Los Angeles, Calif. (about $91K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Tampa, Fla. — at $61K, salaries are some of the lowest in the country. Across HSBC's U.S. offices, employees in the state of New Jersey earn the most, taking home $120K per year.
Years of Experience
Between the one and five year mark, median pay is $67K annually. Five to nine years of work experience seem to result in median wages of around $91K per year. Overall, the greater share of HSBC folks have 10-19 years of experience and earn an average $104K annually.
Certifications and Degrees
Certified ITIL Leaders earn $115K per year, far more than their non-accredited counterparts. Uniform Securities Agent State Law Holders with credentials can live quite comfortably; median salaries come in at $98K annually. HSBC compensates Master of Business Administration (MBA), Business Administration-holders the most at about $145K per year.
The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of approximately $108K annually. Financial Analysis is a popular skill among HSBC workers, with around one in six of those surveyed reporting using it on the job. Many workers usually know Microsoft Excel, Customer Relationship Management, and Regulatory Compliance as well.
Benefits and Perks
A large number of respondents take advantage of the 401(k) plan that HSBC sponsors. For almost all respondents, benefits include health insurance, and most respondents 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.