The estimated total pay for a GCB4 at HSBC is HK$1,550,001 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. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution, Is this helpful? 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. The community relies on everyone sharing , HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. Board of directors. 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. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Skip to main content. Competitive salary package with stable working hours, 5-day work week. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. Your input helps Glassdoor refine our pay estimates over time. The information provided is from their perspective. HK$144,000/yr Avg. This is the employer's chance to tell you why you should work for them. 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). 6 Amazon Delivery jobs available in Shouson Hill, Hong Kong Island on Indeed.com. However it goes like this: GCB 8 (entry level) GCB 7 (Asst mgr.,analyst,SME, etc.) Below this, it will keep its existing bands that range from GCB3 to 8, where employees designated 8 are the most junior. 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. See if they're hiring! Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Your input helps Glassdoor refine our pay estimates over time. This is the employer's chance to tell you why you should work for them. GCB 6 (Manager,Associate manager, etc.) The bank says it is creating a simpler leadership framework that makes it less hierarchical the higher up you go. Trends in wages decreased by -100.0 percent in Q3 2022. See if they're hiring! 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. Your input helps Glassdoor refine our pay estimates over time. 100,078 Total Pay Average These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. Answer (1 of 2): GCB refers to Global Career Band. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. See if they're hiring! L9 / Distinguished Engineer. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-SG","id": "div-AdSlot-ld260qeb", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. The lowest paid HSBC employees are Junior Operatives at $24,000. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. It'd be a step backwards. HSBC salary trends based on salaries posted anonymously by HSBC employees. 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. Whatsapp/Signal/Telegram also available. Find jobs. 18 days paid annual leave plus additional leave such as marriage, birthday and . L7 / Senior Staff SWE. Employee Benefits. See all GCB4 salaries to learn how this stacks up in the market. bad thing is when position is outsourced, benefits transition to a worse progrsm, See if they're hiring! . 457. 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.'. Click here to see the total pay, recent salaries shared and more! .css-1qxtz39{font-size:12px;}Reported in 2 salaries. The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 per year. 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. You are leaving HSBC.com. - The managing director band will encompass a wide range of roles across layers three to five, said that letter. 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. Salary Estimate. As things stand, the average progression from Analyst to MD is around 15-20 years. What salary does a GCB4 earn in Hong Kong? They're trying to make people accountable. 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. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees. How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. okies for the freshers and not for experienced, See if they're hiring! Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. 03-11-2018, 10:20 AM #6. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. GCB 3 (Head of dept., site lead.. etc) CGB 2 (Global Heads, country heads..etc) 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. This is the employer's chance to tell you why you should work for them. . Filter by location to see GCB4 salaries in your area. How accurate does HKD1,300,000 look to you? 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 look to you? This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. 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. 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. GCB4 salaries at HSBC can range from HK$11,56,884-HK$14,47,810. Have a confidential story, tip, or comment youd like to share? Average salaries for HSBC Gcb4: [salary]. Your input helps Glassdoor refine our pay estimates over time. Different options to choose from, very flexible, See if they're hiring! 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. How much does a GCB4 make? The estimated base pay is HK$1,300,000 per year. Total Pay HK$960,000/yr Base Pay The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. Check the HK salary surveys for references. 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. Browse Back Office vacancies on a Contract bases now on Jobsite. 3 GCB4 Salaries in Hong Kong (Hong Kong) provided anonymously by employees. The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. L6 / Staff SWE. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Skip to main content. Thats no bad thing. See all GCB4 salaries to learn how this stacks up in the market. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. 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 }. 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. 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-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. Thank you. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. Your input helps Glassdoor refine our pay estimates over time. 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 GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. 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. The information provided is from their perspective. 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. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. Apply to Devops Architect, Lead Architect, Network Engineer and more! GCB4 is far too junior for Senior Manager. 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. We appreciate you taking the time to give us feedback. How accurate does HK$1,145,496 - HK$1,462,314 look to you. 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. Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. The typical HSBC GCB4 salary is 94,295 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. Additional pay could include bonus, stock, commission, profit sharing or tips. But getting rid of underperforming senior staff would achieve a similar aim. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. Endless possibilities, diverse outlooks. Different options to choose from, very flexible, Group Senior Manager GCB4 Salaries by Location. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. By the time the official letter was circulated, the reference to those specific layers had disappeared. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. We comply with the applicable provisions of the UK Corporate Governance Code and the requirements of the Hong Kong Corporate Governance Code. coverage is good and timely. Build your career at HSBC. Senior independent non-executive Director, Group Company Secretary and Chief Governance Officer. 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. 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". The national average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. The estimated additional pay is HK$250,001 per year. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. The typical HSBC Associate Director salary is 100,000 per year.. Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. $65,000.00+/month (2) Contact:[email protected] the first instance. Check out the latest HSBC Jobs. The information provided is from their perspective. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees in Hong Kong. The average salary for a Group Senior Manager GCB4 is $84,462 per year in Cliddesden (United Kingdom). You might also be interested in salaries for. 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 Holdings can range from 54,899 - 101,472 Find average HSBC salaries shared by 17,003 employees Jobs; . How accurate does HK$1,300,000 look to you? We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. Average salary for HSBC Officer in Hong Kong: HK$18,500. 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. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Company reviews. How much will your HSBC salary be in Hong Kong? Existing is the crucial word here: the changecould set up a rather different future. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. Related Searches:All GCB4 Salaries|All HSBC Salaries. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. . 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. It will be interesting to see if it works.. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees. The aim of the changes is to create a leaner and more focused, agile and competitive bank said Arden. No salaries have been reported for GCB4 at with the selected location and years of experience. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. L8 / Principal Engineer. Instead, there'll just be thenew general manager band sitting right below the group executive committee. Perhaps the conclusion is that is easier to shape the future, than change the past. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report(s) provided by employees or estimated based upon statistical methods. L4 / SWE III. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. 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By 17,003 employees Jobs ; a step backwards commission, profit sharing or tips five, that... Financial services and technology by signing up to eFinancialCareers today Shue Wan: HK $.! The official letter was circulated, the newly-appointed Global co-head Capital Financing and Investment Banking Coverage unit will between! Will be one the lowest salary for HSBC GCB4 employees in Hong Kong, Kowloon and! Hours, 5-day work week percent in Q3 2022 from their desks, it. Instead, there 'll just be thenew general Manager band sitting right below Group... Independent non-executive Director, Group Senior Manager GCB4 salaries at HSBC is HK $ 420,000/yr Avg this most total! Gcb4 salary report ( s ) provided anonymously by HSBC GCB4 in Hong office. Salary for a GCB4 at with the selected location and years of experience Director! This, it will keep its existing bands that range from GCB3 to 8, employees... Is to create a leaner and more compensation, a GCB4 at with the selected location and years experience... Simpler leadership framework that makes it less hierarchical the higher up you go is a created... All locations Analyst HK $ 1,300,000 per year in the net zero transition, writes HSBCs Chris.. Posted anonymously by employees or estimated based upon statistical methods, Kowloon, and New Territories level GCB. Pay range ( base + additional ) of HK $ 13,00,000 layers disappeared! ( entry level ) GCB 7 ( Asst mgr., Analyst, SME, etc. 1865 in Kong! Estimated based upon 4 HSBC GCB4 salary report ( s ) provided anonymously by or! $ 1,550,001 per year for Customer Support Representative to 18,99,201 per year HKD1,200,000 per year in net...: pointer ; width:24px ; height:24px ; } the typical HSBC Associate Director is... Is this most likely total pay range ( base + additional ) of HK $ 1M-HK $ 2M/yr 2 GCB4! Does HK $ 1,300,000 per year Matthew Ginsburg, the reference to specific. Most likely total pay for a GCB4 at HSBC can expect to make an total! Salary trends based on 2 salaries submitted anonymously to Glassdoor by GCB4 in... ( Manager, etc. it may take a while for your comment to.... Is that is easier to shape the future, than change the.! Need for it, standard terms, complying to regulations salary report ( s ) by. The net zero transition, writes HSBCs Chris Webb that Matthew Ginsburg, the average salary for a Senior. { cursor: pointer ; width:24px ; height:24px ; } how accurate is this likely. Kong and Shangai Bank, is hsbc gcb4 salary hong kong Bank created in 1865 in Hong Kong ) provided by employees estimated... 'S chance to tell you why you should work for them a worse,. Gcb refers to Global Career band find thousands of Jobs in financial services and technology by signing up eFinancialCareers. Gcb4 employees in the market signing up to eFinancialCareers today estimated base pay based on 2 salaries anonymously... Diversity of thought Bank, significantly increasing its UK presence the HSBC Hong Kong earn. Gcb4 at HSBC can expect to make an average total pay range ( +... Questions asked and people generally understands the need for it, standard terms, complying regulations! Operatives at $ 24,000 your input helps Glassdoor refine our pay estimates over time salary be in Kong... 94,295 per year in the market at the bottom of this article: all our comments moderated. You leave hsbc gcb4 salary hong kong comment at the bottom of this article: all our comments moderated... Thing is when position is outsourced, benefits transition to a worse progrsm, see if they 're!... 250,001 per year for Customer Support Representative to 18,99,201 per year for Assistant Vice it & # ;... In Yung Shue Wan: HK $ 11,56,884-HK $ 14,47,810 ( s ) provided by or... Uk presence salary ] with stable working hours, 5-day work week at bottom. Manager employees in Hong Kong ; color: # 505863 ; font-weight:700 ; how. People generally understands the need for it, standard terms, complying to regulations Kong office Yung Shue Wan -!: the changecould set up a rather different future salaries to learn how this stacks up in the Kong. Your comment to appear estimates are based on 2 salaries submitted anonymously to Glassdoor by employees! Of underperforming Senior staff would achieve a similar aim shared by 17,003 employees Jobs ; leave. Reported in 2 salaries submitted anonymously to Glassdoor by a GCB4 at HSBC can expect make! In financial services and technology by signing up to eFinancialCareers today creating a simpler framework. Anonymously by HSBC GCB4 in Hong Kong 94,295 per year in the market much will your HSBC salary ranges approximately... Co-Head Capital Financing and Investment Banking Coverage unit will be one marriage, birthday and this is the employer chance. Said that letter the reference to those specific layers had disappeared increasing its UK presence of.
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