Average Salary for HSBC Employees

A salary of $89K annually is the going rate at HSBC. HSBC paychecks are largely negotiated based on your role at the company, though where you live and how long you've been working are also considered. This overview is based on answers to PayScale's salary questionnaire.

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Employer: HSBC
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
[-]Sr. Compliance Officer (5)
$51,214 - $144,813  
   
[-]Sr. Compliance Officer (5)
Salary$52,850 - $135,178  
   
Bonus$1,330 - $20,937  
Total Pay$51,214 - $144,813  
[+]Senior Paralegal (4)
$50,793 - $102,054  
   
[+]Senior Paralegal (4)
Bonus$1,000 - $9,331  
   
Total Pay$50,793 - $102,054  
[+]Branch Manager, Banking (3)
$47,440 - $114,942  
   
[+]Branch Manager, Banking (3)
Salary$50,038 - $102,481  
   
Bonus$1,468 - $22,179  
Total Pay$47,440 - $114,942  
[+]Vice President (VP), Risk Management (3)
$69,881 - $188,875  
   
[+]Vice President (VP), Risk Management (3)
Salary$69,886 - $156,525  
   
Bonus$4,660 - $51,206  
Total Pay$69,881 - $188,875  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 16 Dec 2014 | Individuals Reporting: 215
United States (change)

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

Bringing in the most money are VPs of Operations — their earnings average $120K. Business Banking Relationship Managers are a close second at approximately $119K along with Information Technology Consultants ($100K) and VPs of Risk Management (around $100K). Business Analysts at HSBC do not see much in the way of financial compensation and represent one of the lower-paid positions ($65K) at the company.

Locations

Median pay is highest in Jersey City (about $107K per year), followed by Chicago ($107K), New York (approximately $99K), and Miami ($76K). Tampa is one of the lowest-paid cities, with earnings averaging $61K. By state, the highest pay levels are found in New Jersey, where the average HSBC employee makes around $107K annually.

Years of Experience

Survey participants who have worked at HSBC for between five and ten years earn about $95K on average. Workers who have been with the company for more than one year but less than five can typically make approximately $64K. Overall, the greater share of HSBC folks have 10-19 years of experience and earn around $101K per year.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Certified Information Systems Security Professionals, who make about $153K. Acquiring certification to be a Certified ITIL Leader is rewarded at $110K annually. HSBC provides the highest financial reward to those with a law degree — these employees rake in $175K per year.

Skills

Skill-wise, employees who report Regulatory Compliance as part of the toolkit report the most money, earning $101K on average. Folks here also tend to know Project Management; on the survey, roughly a sixth of workers named it in their skills portfolios. Financial Analysis, Microsoft Excel, and Customer Relationship Management were also reported by many survey participants.

Benefits and Perks

A strong majority of workers save up for retirement through a 401(k) plan. Health insurance is part of the package for almost all workers, and for the greater part of workers, dental coverage is too. Employees can also look forward to a company cell phone, life insurance, tuition reimbursement, a casual working environment, and optional telecommute / work from home.

Key Stats for HSBC

Gender

Female
46 %
Male
54 %
Salary
$48,486 - $109,061
Salary
$56,120 - $117,091
Less than 1 year
1%
1-4 years
23%
5-9 years
34%
10-19 years
33%
20 years or more
8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.
$46,794 - $118,171
$55,000 - $108,000

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