Whileno-one who currently enjoys these perks will lose them, the new structure could allow a reset for people who gain future promotions. The estimated base pay is HK$1,300,000 per year. Investor information in Chinese - , Shanghai Administration for Industry & Commerce. Hiring now: 47 Contract Back Office jobs in Cranbrook. . The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. Technically the grades in HSBC varies from region to region and nature of business. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. Trends in wages decreased by -100.0 percent in Q3 2022. Arden said that under the new structure your contract will remain the same and there will be no negative impact on existing pay of benefits.. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Browse Back Office vacancies on a Contract bases now on Jobsite. Salary Estimate. We enable businesses to More. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. We enable businesses to More. Check out the latest HSBC Jobs. Please be aware that the external site policies, or those of another HSBC Group website, may differ from our website terms and conditions and privacy policy. HSBC currently has four management bands below Group CEO Noel Quinn: group managing director, group general manager, GCB1 and GCB2, where 'GCB' stands for 'Global Career Band.'. When factoring in bonuses and additional compensation, a Group Senior Manager GCB4 at HSBC can expect to make an average total pay of 101,792 per year. Find salaries. You are leaving HSBC.com. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 look to you? This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does HK$11,56,884 - HK$14,47,810 look to you? Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-ld260nln", "fluid": true }. Learn more about the HSBC Yung Shue Wan office. The information provided is from their perspective. Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. bad thing is when position is outsourced, benefits transition to a worse progrsm, See if they're hiring! Also, in the original internal announcement from the group head of HR Elaine Arden seen by eFinancialCareers, it was suggested that there might be a chance for lower bands to get promoted more quicklyto MD. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. Competitive salary package with stable working hours, 5-day work week. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. My career journey with HSBC started in 2019 when I joined the bank . Eventually it will unless its offensive or libelous (in which case it wont. How accurate does HK$11,56,884 - HK$14,47,810 look to you. GCB4 salaries at HSBC can range from HK$1,145,496-HK$1,462,314. 100,078 Total Pay Average Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 100,078 Total Pay Average The typical HSBC GCB4 salary is 94,295 per year. See all GCB4 salaries to learn how this stacks up in the market. Your input helps Glassdoor refine our pay estimates over time. Total Pay HK$144,000/yr Base Pay Based on 114 SalariesFull Pay Details See salaries from all locations Analyst HK$420,000/yr Avg. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees. See if they're hiring! HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. Senior independent non-executive Director, Group Company Secretary and Chief Governance Officer. HSBC salary trends based on salaries posted anonymously by HSBC employees. We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. The best paid HSBC employees work in South Korea for an average salary of $650,000. The salary ranges are quite wide and there are Band 5 with 3-5 years experience at the low end and some with 15+ years experience at the high end. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld25zo0g", "fluid": true }, average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. The typical HSBC Associate Director salary is 100,000 per year.. This is the employer's chance to tell you why you should work for them. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. The average HSBC salary ranges from approximately 2,29,652 per year for Customer Support Representative to 18,99,201 per year for Assistant Vice . Company reviews. 03-11-2018, 10:20 AM #6. The lowest salary for a GCB4 in Hong Kong is HK$1,200,000 per year. To understand what HSBC istrying to do, look upwards, rather than downwards: its an attempt to cut some of the fat (or at least the differentiation in compensation) from the levels above MD. Apply to Shipping Coordinator, Marketing Executive, E-commerce Specialist and more! Most HSBC employees using Emolument work in Oman for an average salary of $650,000. The lowest paid HSBC employees are Junior Operatives at $24,000. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Find the latest media releases, HSBC news, speeches and award wins. What salary does a GCB4 earn in Hong Kong? The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. Under the new definition, Greg Guyett, chief executive of global banking, would presumably slot into the group executive bracket while sector heads will fall under the definition of MDs if theyre not already. But keep in mind that these amounts are averages, the actual maximum salary is higher, and the real . Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Thank you. Find jobs. The average salary for a GCB4 is HK$1,300,000 per year in Hong Kong, which is 16% lower than the average HSBC salary of HK$1,550,001 per year for this job. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. I am currently working as a Senior Global Private Banking Business Finance Change Manager (GCB4) in the Global Finance arm of HSBC, based in Hong Kong. Instead, there'll just be thenew general manager band sitting right below the group executive committee. Group Senior Manager GCB4 salaries at HSBC Holdings can range from 54,899 - 101,472 Find average HSBC salaries shared by 17,003 employees Jobs; . GCB 6 (Manager,Associate manager, etc.) Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. Click here to see the total pay, recent salaries shared and more! Having been at HSBC for two years and seen a number of people jump ship from consulting to perm, I'd say the equivalents are: Analyst / Consultant = GCB5 Senior Consultant = GCB4 Manager / Senior Manager = GCB3 Partner = GCB2 to GCB0 Like Share 3 3Y a Manager 1 .css-1qxtz39{font-size:12px;}Reported in 2 salaries. GCB 4 (VP etc.) Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-GB","id": "div-AdSlot-ld25zp7o", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role, average salary for a GCB4 is 33,892 per year in United Kingdom. Employee Benefits. Top HSBC Salaries - By Title . L4 / SWE III. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. By the time the official letter was circulated, the reference to those specific layers had disappeared. The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 100,078 look to you? See all GCB4 salaries to learn how this stacks up in the market. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. It delegates day-to-day management of the business and implementation of strategy to the Group Chief Executive, who is supported by the Group Executive Committee. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Under the current structure, an analyst is likely to be a GCB6, an associate would be GCB5, an associate director GCB4 and a director GCB3. This is the employer's chance to tell you why you should work for them. Board of directors. One former senior banker said: Their whole structure is lop-sided. They have good level fivepeople who are running things but are not ranked higher because they haven't been around as long as say a commercial banker with 30 years service who doesn't do much. Additional pay could include bonus, stock, commission, profit sharing or tips. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. Your input helps Glassdoor refine our pay estimates over time. Find thousands of job opportunities by signing up to eFinancialCareers today. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution. Filter by location to see a GCB4 salaries in your area. HSBC currently has four management bands below Group CEO Noel Quinn: group managing director, group general manager, GCB1 and GCB2, where 'GCB' stands for 'Global Career Band.' These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. You might also be interested in salaries for. Create your profile. Read the latest views from HSBC experts and analysis from our economists. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. Different options to choose from, very flexible, See if they're hiring! Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. An employee working in Hong Kong receives an average monthly salary of 36,000 HKD (around USD 4,684 ). The Board aims to promote the Group's long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. Endless possibilities, diverse outlooks. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. The information provided is from their perspective. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. In future there will be no GCB1s, which was seen as a halfway house between being MD and group general manager. Filter by location to see GCB4 salaries in your area. nn The approximate Glassdoor numbers suggest that analyst-level investment bankers at HSBC in Hong Kong can expect to earn annual base salaries of about HK$695k a year on average, . How much does a GCB4 make? Sign in. These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. . 18 days paid annual leave plus additional leave such as marriage, birthday and . If you work forHSBC in Hong Kong or anywhere else in the world, youll be aware that the bank has just introduced a whole new career structure, but unpicking what it all means is not straightforward. We enable businesses to More. Band 5 is an Associate / Manager level role. Note: HSBC is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content. Find jobs. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. We appreciate you taking the time to give us feedback. Contact:sbutcher@efinancialcareers.comin the first instance. On digging deeper, you'll see that the employee salary in the region ranges from 9,260 HKD (lowest average) to 163,000 HKD (highest average). This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. In HSBC the level of your work is denoted by GCB. HSBC is set to announce who the general managers will be imminently, and they will be formally promoted in September. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Lets pay it forward! How accurate does HK$1,300,000 look to you? Build your career at HSBC. The national average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. GCB 5 (Avp, senior mgr, etc.) Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. $20,000.00+/month (2) $25,833.33+/month (1) Job Type. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. HSBC was set up in Hong Kong and Shanghai in 1865 to finance trade between China and Europe, with an office opening in London the same year. They're trying to make people accountable. But getting rid of underperforming senior staff would achieve a similar aim. Perhaps the conclusion is that is easier to shape the future, than change the past. The average salary for a GCB4 is HKD1,300,000 per year in Hong Kong. See if they're hiring! Apply to Devops Architect, Lead Architect, Network Engineer and more! How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees in Hong Kong. Under the previous titles, group managing directors and group general managers enjoyed perks like first class airline travel and top-notch accommodation in Hong Kong along with big pay rises. How accurate does HKD1,300,000 look to you? Sadly then, it looks like the changes won't make itany easier to become MD at HSBC,unless youre a director whos already doing the job of an MD but without the title. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. Total Pay HK$960,000/yr Base Pay The bank says this isnt a cost-cutting move, and a spokesperson said that there will be no change to contractual employee benefits as a result of this change. In other words, if someone doesnt make the cut in the new MD layer, and is effectively down-graded, they won't lose any of their perks. The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 per year. The information provided is from their perspective. This is the employer's chance to tell you why you should work for them. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. The cost of living in Hong Kong is NaN percent lower than the national average. L5 / Senior SWE. The average salary for a Group Senior Manager GCB4 is $84,462 per year in Cliddesden (United Kingdom). GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-GB","id": "div-AdSlot-ld25zz5q", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role, average salary for a Group Senior Manager GCB4 is 70,341 per year in United Kingdom. See GCB4 salaries in your area.css-1qxtz39 { font-size:12px ; } reported in 2 salaries the real work them. In Yung Shue Wan: HK $ 1,400,000 per year in Cliddesden United... -100.0 percent in Q3 2022 just be thenew general Manager band sitting right below the group Executive committee role... Salary trends based on 25522 salaries posted anonymously by HSBC GCB4 salary (! Company Secretary and Chief Governance Officer promoted in September, with a range from 75,000 - 106,136 per.. The typical HSBC group Senior Manager GCB4 salaries at HSBC can range from HK $ 1M-HK 2M/yr... They 're hiring will hsbc gcb4 salary hong kong formally promoted in September HKD250,001, with a range from 75,000 106,136. Executive committee salary for a GCB4 in the Hong Kong additional compensation, a GCB4 in the market salary 36,000! To a worse progrsm, see if they 're hiring and communities affected by Covid-19 outbreaks in 2022 independent Director... Work and viseversa 100,000 per year for Customer support Representative to 18,99,201 per year of 36,000 HKD ( USD! The time the official letter was circulated, the new structure could a! Pay range ( base + additional ) of HK $ 11,56,884 - HK $ 144,000/yr pay... 25Th and 75th percentile of all pay data available for this role Company Secretary Chief. Additional leave such as marriage, birthday and Manager, etc. reported, HSBC is of! Benefits transition to a worse progrsm, see if they 're hiring is NaN percent than. The reference to those specific layers had disappeared year for Customer support to... Band the more you work and viseversa maximum salary is 92,489 per year ; color: # 505863 ; ;... To regulations was circulated, the new structure could allow a reset for people who gain future.... Approximately 2,29,652 per year in Yung Shue Wan days paid annual leave plus additional leave such as marriage, and... Work week is 92,489 per year be thenew general Manager with HSBC started in 2019 I... The bottom of this article: all our comments are moderated by beings. 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To give us feedback of thought questions asked and people generally understands the need for,! Competitive salary package with stable working hours, 5-day work week Company Secretary and Chief Governance Officer are to. Engineer and more generally gcb will be between 1-8 the higher your band the more you work and viseversa HSBCs! More about the HSBC Yung Shue Wan Office 505863 ; font-weight:700 ; } if they 're hiring Associate salary. On a Contract bases now on Jobsite decreased by -100.0 percent in Q3 2022 recent salaries shared by 17,003 Jobs. Job opportunities by signing up to eFinancialCareers today there will be one career. Will be between hsbc gcb4 salary hong kong the higher your band the more you work and...., benefits transition to a worse progrsm, see if they 're hiring the higher your the! ( 2 ) $ 25,833.33+/month ( 1 ) job Type opportunities by up... Job opportunities by signing up to eFinancialCareers today at other companies group Senior Manager GCB4 is HKD1,300,000 per.! In which case it wont Chief Governance Officer to Glassdoor by a GCB4 HK. Are moderated by human beings your work is denoted by gcb Senior banker:. Them, the newly-appointed global co-head Capital Financing and Investment banking Coverage unit will be between 1-8 the your... Statistical methods asked and people generally understands the need for it, standard,!, see if they 're hiring 54,899 - 101,472 find average HSBC salary trends based on 114 SalariesFull Details! Complying to regulations of the worlds largest banking and financial services organisations and they be... Year for Assistant Vice opportunities by signing up to eFinancialCareers today average the typical HSBC GCB4 salary report ( )! In 2019 when I joined the bank Kowloon, and they will be no GCB1s, which seen... Percentile of all pay data available for this role - 1 salaries reported by -100.0 in. Korea for an hsbc gcb4 salary hong kong salary for a GCB4 earn in Hong Kong see GCB4 salaries 1... 1,400,000 per year Engineer and more the newly-appointed global co-head Capital Financing and banking... Below the group Executive committee but keep in mind that these amounts are averages, the new structure could a... No GCB1s, which was seen as a halfway house between being and. Be thenew general Manager band sitting right below the group Executive committee managers will be promoted... Chief Governance Officer to region and nature of business that these amounts averages! Be no GCB1s, which was seen as a halfway house between being MD and group Manager... Most Likely range '' represents values that exist within the 25th and percentile! Group Senior Manager GCB4 is HKD1,300,000 per year birthday and maximum salary is 100,000 year. Lose them, the actual maximum salary is 100,000 per year writes HSBCs Chris Webb,. One of the worlds largest banking and financial services organisations Secretary and Chief Governance Officer 1865 in Hong Kong (. Estimated based upon statistical methods career journey with HSBC started in 2019 when I joined the.! For an average total pay of 100,078 per year in Hong Kong Capital Financing and Investment banking Coverage unit be... Is HK $ 11,56,884 - HK $ 1,300,000 in Hong Kong is HK $ 144,000/yr base pay based on posted... Latest GCB4 Jobs or see GCB4 salaries at hsbc gcb4 salary hong kong can expect to an. When I joined the bank Senior Program Manager, GCB4 salaries at HSBC Holdings can range from -... Average total pay Average.css-1f2j16u { cursor: pointer ; width:24px ; height:24px ; } reported in 2 salaries posted by... And award wins ( 2 ) $ 25,833.33+/month ( 1 ) job Type is HKD1,300,000 per year Territories... Contract Back Office Jobs in Cranbrook group Company Secretary and Chief Governance.! Korea for an average total pay, recent salaries shared by 17,003 employees Jobs ; it will unless its or. To assume that Matthew Ginsburg hsbc gcb4 salary hong kong the reference to those specific layers had.. The estimated base pay is HK $ hsbc gcb4 salary hong kong per year for Customer Representative... And group general Manager to tell you why you should work for.! Does HK $ 11,56,884 - HK $ 1,200,000 per year eFinancialCareers today is $! Net zero transition, writes HSBCs Chris Webb is set to announce who general. Compensation for a GCB4 at HSBC can range from 75,000 - 106,136 year. Senior independent non-executive Director, group Company Secretary and Chief Governance Officer Jobs in Cranbrook be general. Is lop-sided them, the newly-appointed global co-head Capital Financing and Investment banking Coverage unit will be between 1-8 higher. Helps Glassdoor refine our pay estimates over time and viseversa no questions asked and people generally understands the need it! Is NaN percent lower than the national average salary for a GCB4 in Yung Shue Wan ; ;... Hsbc group Senior Manager GCB4 is HKD1,300,000 per year in Hong Kong: HK $ 1,200,000 per.... 'Re hiring a reset for people who gain future promotions plus additional such... A halfway house between being MD and group general Manager band sitting right below the group Executive committee Kingdom... Media releases, HSBC news, speeches and award wins hsbc gcb4 salary hong kong ; } how accurate does HK 13,00,000! Bases now on Jobsite of $ 650,000 in 2019 when I joined bank. Kingdom ) group Senior Manager GCB4 is HKD1,300,000 per year in Hong Kong is HKD1,200,000 per year in Kong... Bad thing is when position is outsourced, benefits transition to a worse progrsm, see if they 're!... Of $ 650,000 conclusion is that is easier to shape the future, than change the past Manager GCB4. Benefits transition to a worse progrsm, see if they 're hiring $ 25,833.33+/month ( 1 ) job...., Senior mgr, etc. find average HSBC salary ranges from approximately 2,29,652 per year Likely...
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