hsbc gcb4 salary hong kong

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. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. The community relies on everyone sharing , HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. Perhaps the conclusion is that is easier to shape the future, than change the past. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. .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? Find the latest media releases, HSBC news, speeches and award wins. Find information about our performance, dividends, and investor events. 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 Trends in wages decreased by -100.0 percent in Q3 2022. How accurate does HK$1,145,496 - HK$1,462,314 look to you. 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. No salaries have been reported for GCB4 at with the selected location and years of experience. 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. Thank you. HSBC salary trends based on salaries posted anonymously by HSBC employees. General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. Additional pay could include bonus, stock, commission, profit sharing or tips. . Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. Average salary for HSBC Accounting Manager in Hong Kong: HK$420,000. GCB 6 (Manager,Associate manager, etc.) Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. 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. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. The national average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. GCB4 salaries at HSBC can range from HK$1,145,496-HK$1,462,314. Hiring now: 47 Contract Back Office jobs in Cranbrook. Competitive salary package with stable working hours, 5-day work week. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. The next site will open in a new browser window. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 per year. In future there will be no GCB1s, which was seen as a halfway house between being MD and group general manager. 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 . Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. 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. Learn more about the HSBC Yung Shue Wan office. See if they're hiring! 6 Amazon Delivery jobs available in Shouson Hill, Hong Kong Island on Indeed.com. You might also be interested in salaries for. The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. See if they're hiring! Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. What salary does a GCB4 earn in Hong Kong? 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; . We enable businesses to More. Browse Back Office vacancies on a Contract bases now on Jobsite. Your input helps Glassdoor refine our pay estimates over time. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. $65,000.00+/month (2) An employee working in Hong Kong receives an average monthly salary of 36,000 HKD (around USD 4,684 ). 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. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. The highest paid HSBC employees are Senior MD/Head Ofs at $320,000 annually. How accurate does HKD1,300,000 look to you? Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. 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. Investor information in Chinese - , Shanghai Administration for Industry & Commerce. GCB4 salaries at HSBC can range from 75,000 - 106,136 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. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees. Average salaries for HSBC Gcb4: [salary]. Check the HK salary surveys for references. 100,078 Total Pay Average Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. 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. L6 / Staff SWE. Build your career at HSBC. - The managing director band will encompass a wide range of roles across layers three to five, said that letter. The estimated total pay for a GCB4 at HSBC is HK$1,550,001 per year. The information provided is from their perspective. Create your profile. Apply to Shipping Coordinator, Marketing Executive, E-commerce Specialist and more! It'd be a step backwards. In HSBC the level of your work is denoted by GCB. This is the employer's chance to tell you why you should work for them. GCB 3 (Head of dept., site lead.. etc) CGB 2 (Global Heads, country heads..etc) 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. 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. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. The average salary for a GCB4 is HKD1,300,000 per year in Hong Kong. Existing is the crucial word here: the changecould set up a rather different future. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. 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. The typical HSBC GCB4 salary is 94,295 per year. These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. 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. The best paid HSBC employees work in South Korea for an average salary of $650,000. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. 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, . The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. 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. Your input helps Glassdoor refine our pay estimates over time. The bank says it is creating a simpler leadership framework that makes it less hierarchical the higher up you go. 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. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. We appreciate you taking the time to give us feedback. The estimated base pay is HK$1,300,000 per year. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. The information provided is from their perspective. 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.. The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. But getting rid of underperforming senior staff would achieve a similar aim. GCB4 is far too junior for Senior Manager. Salary Estimate. 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? We enable businesses to More. Skip to main content. Technically the grades in HSBC varies from region to region and nature of business. 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. 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. 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. L9 / Distinguished Engineer. Filter by location to see a GCB4 salaries in your area. Answer (1 of 2): GCB refers to Global Career Band. Employee Benefits. 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 information provided is from their perspective. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make?