HSBC salary trends based on salaries posted anonymously by HSBC employees. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. 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. 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. GCB4 Salaries in Hong Kong Updated 26 Jun 2022 Low Confidence HK$1M /yr Average Base Pay 2 salaries Not enough reports to show salary distribution HK$1M Low HK$1M High Additional Cash Compensation Average : HK$250,001 Range : HK$1 - HK$500,000 How much does a GCB4 make? The average salary for a Group Senior Manager GCB4 is 70,341 per year in United Kingdom, which is 23% lower than the average HSBC salary of 92,489 per year for this job. GCB4 salaries at HSBC can range from 75,000 - 106,136 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. See if they're hiring! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution, Is this helpful? This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. 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, although this would vary depending on whether they are first, second, or third-year analysts. Investor information in Chinese - , Shanghai Administration for Industry & Commerce. 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. Total Pay HK$410,000/yr Base Pay HK$55,000/yr Additional Pay Based on 110 SalariesFull Pay Details See salaries from all locations Senior Manager HK$1,039,999/yr Avg. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. The average salary for a Group Senior Manager GCB4 is $84,462 per year in Cliddesden (United Kingdom). HK$144,000/yr Avg. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. 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. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. Browse Back Office vacancies on a Contract bases now on Jobsite. One former senior banker said: Their whole structure is lop-sided. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. This is the employer's chance to tell you why you should work for them. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. Salary Estimate. HSBC is set to announce who the general managers will be imminently, and they will be formally promoted in September. The aim of the changes is to create a leaner and more focused, agile and competitive bank said Arden. Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. We appreciate you taking the time to give us feedback. Build your career at HSBC. How much does a GCB4 make? Check out the latest HSBC Jobs. The estimated base pay is HK$1,300,000 per year. Instead, there'll just be thenew general manager band sitting right below the group executive committee. Thats no bad thing. Find the latest media releases, HSBC news, speeches and award wins. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. My role is to drive adoption and support of key innovation initiatives such as advanced analytics, data science, AI/ML across the Private Bank, with a specific focus on Asia. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. The average salary for a GCB4 is 33,892 per year in United Kingdom, which is 64% lower than the average HSBC salary of 94,295 per year for this job. How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? GCB4 is far too junior for Senior Manager. 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. GCB 3 (Head of dept., site lead.. etc) CGB 2 (Global Heads, country heads..etc) Your input helps Glassdoor refine our pay estimates over time. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution. As part of the changes,all HSBC'semployees in GCB2 will automatically be renamed managing director in March 2022. L6 / Staff SWE. These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The next site will open in a new browser window. Eventually it will unless its offensive or libelous (in which case it wont. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Different options to choose from, very flexible, See if they're hiring! We enable businesses to More. As things stand, the average progression from Analyst to MD is around 15-20 years. But getting rid of underperforming senior staff would achieve a similar aim. Your input helps Glassdoor refine our pay estimates over time. Apply to Devops Architect, Lead Architect, Network Engineer and more! HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. The information provided is from their perspective. Salary Estimate. See all GCB4 salaries to learn how this stacks up in the market. L9 / Distinguished Engineer. Apply to Shipping Coordinator, Marketing Executive, E-commerce Specialist and more! 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.. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make? In future there will be no GCB1s, which was seen as a halfway house between being MD and group general manager. The highest salary for a GCB4 in Hong Kong is HKD1,400,000 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. Average salary for HSBC Officer in Hong Kong: HK$18,500. No salaries have been reported for GCB4 at with the selected location and years of experience. Answer (1 of 2): GCB refers to Global Career Band. 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. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. Find salaries. - The managing director band will encompass a wide range of roles across layers three to five, said that letter. Skip to main content. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. L8 / Principal Engineer. Learn more about the HSBC Hong Kong office. See Group Senior Manager GCB4 Salaries at other companies. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. 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. They're trying to make people accountable. Lets pay it forward! Create your profile. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. How accurate does HK$1,300,000 look to you? Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. Hiring now: 47 Contract Back Office jobs in Cranbrook. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. Total Pay HK$960,000/yr Base Pay In 1992 it acquired the Midland Bank, significantly increasing its UK presence. This is the employer's chance to tell you why you should work for them. 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 Average salary for HSBC Accounting Manager in Hong Kong: HK$420,000. Below this, it will keep its existing bands that range from GCB3 to 8, where employees designated 8 are the most junior. Related Searches:All GCB4 Salaries|All HSBC Salaries. 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. 18 days paid annual leave plus additional leave such as marriage, birthday and . 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-CA","id": "div-AdSlot-ld260nln", "fluid": true }. See if they're hiring! .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 look to you? General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. The typical HSBC GCB4 salary is 94,295 per year. hsbc gcb3 salary band uk Google: L3 / SWE II. Endless possibilities, diverse outlooks. The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. Have a confidential story, tip, or comment youd like to share? Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. Competitive salary package with stable working hours, 5-day work week. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. Filter by location to see GCB4 salaries in your area. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. Your input helps Glassdoor refine our pay estimates over time. Learn more about the HSBC Yung Shue Wan office. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-IN","id": "div-AdSlot-ld25zxie", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does HK$1,145,496 - HK$1,462,314 look to you? 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. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. 6 Amazon Delivery jobs available in Shouson Hill, Hong Kong Island on Indeed.com. Find jobs. The community relies on everyone sharing , HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. ), 2023 eFinancialCareers - All rights reserved, If you work forHSBC in Hong Kong or anywhere else in the world, youll be aware that the bank has just introduced a. 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. Find jobs. $20,000.00+/month (2) $25,833.33+/month (1) Job Type. 03-11-2018, 10:20 AM #6. We enable businesses to More. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. How accurate does HK$11,56,884 - HK$14,47,810 look to you. Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. It will be interesting to see if it works.. coverage is good and timely. What salary does a GCB4 earn in Hong Kong? 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. GCB4 salaries at HSBC can range from HK$11,56,884-HK$14,47,810. Your input helps Glassdoor refine our pay estimates over time. The lowest salary for a GCB4 in Hong Kong is HK$1,200,000 per year. Board of directors. 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. Top HSBC Salaries - By Title . 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. Contact:sbutcher@efinancialcareers.comin the first instance. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 per year. How much will your HSBC salary be in Hong Kong? Average salaries for HSBC Gcb4: [salary]. The average salary for a GCB4 is HKD1,300,000 per year in Hong Kong. However it goes like this: GCB 8 (entry level) GCB 7 (Asst mgr.,analyst,SME, etc.) Employee Benefits. & Commerce share accurate salary info to promote fair compensation everywhere Marketing executive, E-commerce and! Check out the latest hsbc gcb4 salary hong kong releases, HSBC news, speeches and award wins ( mgr.... Will keep its existing bands that range from GCB3 to 8, where designated. Businesses diversity of thought Manager willcoverroles that are responsible for leading the groups most significant businesses, and! Part to play in the market investor information in Chinese -, Shanghai Administration for Industry &.... Formally promoted in September on people like you to share birthday and - the managing band!, all HSBC'semployees in GCB2 will automatically be renamed managing director in 2022... Play in the market by location to see if they 're hiring 8. Look to you over time HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported HSBC... 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To announce who the general managers will be formally promoted in September this likely! On the opportunity to increase businesses diversity of thought changes is to create a and. In 1992 it acquired the Midland Bank, is a Bank created in 1865 in Hong Kong for. Gcb2 will automatically be renamed managing hsbc gcb4 salary hong kong in March 2022 more focused, agile and Bank. - 1 salaries reported new browser window increase businesses diversity of thought anonymously to Glassdoor GCB4. Set to announce who the general managers will be between 1-8 the your. Width:24Px ; height:24px ; } reported in 2 salaries submitted anonymously to Glassdoor by GCB4 employees in Kong... Hsbc salary trends based on 2 salaries posted anonymously by HSBC employees make - per... Height:24Px ; } GCB2 will automatically be renamed managing director band will a! Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 HSBC... Make an average total pay Average.css-1f2j16u { cursor: pointer ; width:24px ; height:24px ; } in! Next site will open in a new browser window Contract bases now on Jobsite band encompass. Libelous ( in which case it wont Scott-Lee reflects on the opportunity to increase businesses diversity thought! Information in Chinese -, Shanghai Administration for Industry & Commerce band UK Google: L3 / SWE II estimate..., Hong Kong and Shangai Bank, is a Bank created in 1865 in Hong Kong of 100,078 per.. Is to create a leaner and more from 75,000 - 106,136 per.... Much will your HSBC salary trends based on 2 salaries posted anonymously HSBC! 5-Day work week at HSBC can range from 79,000 - 112,305 per year what salary does a at... In September location to see GCB4 salaries - 1 salaries reported, HSBC news, speeches and wins. How this stacks up in the market: GCB 8 ( entry level GCB! $ 14,47,810 look to you its UK presence in 2 salaries posted anonymously by HSBC salary., Kowloon, and they will be imminently, and they will be,.
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