Check the HK salary surveys for references. L6 / Staff SWE. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report (s) provided by employees or estimated based upon statistical methods. No salaries have been reported for GCB4 at with the selected location and years of experience. Average salary for HSBC Officer in Hong Kong: HK$18,500. The estimated base pay is HK$1,300,000 per year. HK$144,000/yr Avg. GCB 5 (Avp, senior mgr, etc.) 5 Amazon Delivery jobs available in Sandy Bay, Hong Kong Island on Indeed.com. 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. We comply with the applicable provisions of the UK Corporate Governance Code and the requirements of the Hong Kong Corporate Governance Code. 6 Amazon Delivery jobs available in Shouson Hill, Hong Kong Island on Indeed.com. The estimated additional pay is HK$250,001 per year. HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. Thats no bad thing. Competitive salary package with stable working hours, 5-day work week. Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. 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. How much will your HSBC salary be in Hong Kong? Title Average Salary Salary Comparison Full Access; Senior MD/Head Of: $320,000 Get full report: CEO: $285,000 . $65,000.00+/month (2) Find jobs. 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. We enable businesses to More. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. 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 }. The typical HSBC Associate Director salary is 100,000 per year.. Salary Estimate. Additional pay could include bonus, stock, commission, profit sharing or tips. 3 GCB4 Salaries in Hong Kong (Hong Kong) provided anonymously by employees. Total Pay HK$960,000/yr Base Pay Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. HSBC salary trends based on salaries posted anonymously by HSBC employees. L7 / Senior Staff SWE. 457. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. L8 / Principal Engineer. What salary does a GCB4 earn in Hong Kong? The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. The community relies on everyone sharing , HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. It will be interesting to see if it works.. We appreciate you taking the time to give us feedback. HSBC is committed to high standards of corporate governance We have a comprehensive range of policies and systems in place to ensure that the bank is well-managed, with effective oversight and control. 03-11-2018, 10:20 AM #6. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. Your input helps Glassdoor refine our pay estimates over time. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. . 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. 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. We enable businesses to More. 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. 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. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Perhaps the conclusion is that is easier to shape the future, than change the past. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Employee Benefits. 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. Create your profile. .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? This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. 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 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. Below this, it will keep its existing bands that range from GCB3 to 8, where employees designated 8 are the most junior. 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. 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. Check out the latest HSBC Jobs. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. The best paid HSBC employees work in South Korea for an average salary of $650,000. As things stand, the average progression from Analyst to MD is around 15-20 years. 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. Most HSBC employees using Emolument work in Oman for an average salary of $650,000. 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, . Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. Hiring now: 47 Contract Back Office jobs in Cranbrook. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. Sign in. coverage is good and timely. 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. 100,078 Total Pay Average Director / Vice President Corporate Finance Team Middle East focus, Associate, Investor Relations (Private Markets), Senior Portfolio Manager, Macro Fixed income, Asset Management, London, Head of Investment Strategy- multi-family office, Banking bonuses: the chart predicting who gets what, Morgan Stanley's unpopular ex-head of tech is a fintech CEO, "I left my job as a Goldman Sachs MD to work in AI", Microsoft layoffs will be welcome in finance, Bonus day at Goldman & JPMorgan: "General disappointment". 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. Find thousands of job opportunities by signing up to eFinancialCareers today. 18 days paid annual leave plus additional leave such as marriage, birthday and . Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. Your input helps Glassdoor refine our pay estimates over time. 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.. Answer (1 of 2): GCB refers to Global Career Band. The information provided is from their perspective. These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. Average salaries for HSBC Gcb4: [salary]. 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). okies for the freshers and not for experienced, See if they're hiring! One former senior banker said: Their whole structure is lop-sided. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. 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. Read the latest views from HSBC experts and analysis from our economists. 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. $20,000.00+/month (2) $25,833.33+/month (1) Job Type. Instead, there'll just be thenew general manager band sitting right below the group executive committee. How accurate does HK$1,145,496 - HK$1,462,314 look to you. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 look to you? Average salary for HSBC Accounting Manager in Hong Kong: HK$420,000. 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.'. Learn more about the HSBC Hong Kong office. The highest paid HSBC employees are Senior MD/Head Ofs at $320,000 annually. 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. GCB 3 (Head of dept., site lead.. etc) CGB 2 (Global Heads, country heads..etc) The typical HSBC GCB4 salary is 94,295 per year. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make? The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. 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. Existing is the crucial word here: the changecould set up a rather different future. Find the latest media releases, HSBC news, speeches and award wins. The bank says it is creating a simpler leadership framework that makes it less hierarchical the higher up you go. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. GCB 6 (Manager,Associate manager, etc.) See Group Senior Manager GCB4 Salaries at other companies. How much does a GCB4 make? The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. .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? 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. Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. $ 420,000/yr Avg 505863 ; font-weight:700 ; } how accurate does 101,792 look to you,! 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