Average Salary for HSBC Employees

People who work for HSBC earn excellent salaries of around $93K per year on average. What you do at the company is the biggest factor affecting pay for HSBC workers, followed by geography and your experience level. The data for this report comes from 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


Source: Freebase

Jobs

VPs of Risk Management represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $157K annually — though VPs of Finance, Compliance Managers, and Senior Compliance Officers also do fairly well at about $150K, $122K, and $105K, respectively. Near the bottom at HSBC are Business Operations Managers, pulling in an average of just approximately $55K.

Locations

When it comes to location, the highest average paycheck (around $135K per year) can be spotted in Chicago, Ill.; San Francisco, Calif. ($125K), New York, N.Y. (approximately $119K), and Jersey City, N.J. (about $116K) are the next top-paying cities. Expected earnings are below average ($74K) in Buffalo, N.Y., one of the lowest-paid cities. By state, New Jersey offers the highest pay at around $116K annually.

Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to $89K per year. Between the one and five year mark, median pay is approximately $66K annually. The greater proportion of employees (38 percent) report 10-19 years of experience and bring home median pay of about $110K per year.

Certifications and Degrees

Monetary compensation comes to $140K annually for Certified Public Accountants, far surpassing the earnings of non-credentialed workers. On average, salaries rise to around $132K per year for accredited Chartered Financial Analysts. At HSBC, employees who hold a Master of Business Administration (MBA) receive the highest salaries at $187K.

Skills

Employees who count Risk Management / Risk Control among their skills enjoy higher pay; the median for this group is $130K annually. One of the more prevalent skills at HSBC is Customer Relationship Management, with about a tenth considering it a key competency. Microsoft Excel, Sales, and Project Management round out the set of key employee skills.

Benefits and Perks

A fair number of workers plan for retirement by taking advantage of the company-sponsored 401(k) program. The vast majority of workers receive health insurance, and a large number of respondents get dental coverage. The company also dishes out perks such as tuition reimbursement, a subsidized cell phone, a stock purchase plan, a casual working environment, and life insurance.

HSBC Job Listings

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Key Stats for HSBC

Gender

Female
40 %
Male
60 %
Salary
$49,162 - $122,846
Salary
$57,322 - $133,286

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.
Less than 1 year
0%
1-4 years
21%
5-9 years
25%
10-19 years
36%
20 years or more
17%
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Years in Fields/Career:
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