This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. 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. See if they're hiring! It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. 03-11-2018, 10:20 AM #6. HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. Below this, it will keep its existing bands that range from GCB3 to 8, where employees designated 8 are the most junior. 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. Lets pay it forward! Find jobs. Contact:[email protected] the first instance. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Company reviews. GCB4 salaries at HSBC can range from HK$1,145,496-HK$1,462,314. 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. Investor information in Chinese - , Shanghai Administration for Industry & Commerce. . 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. Different options to choose from, very flexible, See if they're hiring! The next site will open in a new browser window. Thats no bad thing. HK$144,000/yr Avg. Filter by location to see a GCB4 salaries in your area. .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? The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 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. 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". $65,000.00+/month (2) 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. 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. 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. Eventually it will unless its offensive or libelous (in which case it wont. This estimate is based upon 2 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. The typical HSBC GCB4 salary is 94,295 per year. The average salary for a GCB4 is HKD1,300,000 per year in Hong Kong. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. 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. 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. 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. 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. L6 / Staff SWE. Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. HSBC salary trends based on salaries posted anonymously by HSBC employees. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. . 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 . Create your profile. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. 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? 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. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 look to you? Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. The estimated additional pay is HK$250,001 per year. Your input helps Glassdoor refine our pay estimates over time. Your input helps Glassdoor refine our pay estimates over time. Average salary for HSBC Officer in Hong Kong: HK$18,500. Skip to main content. Additional pay could include bonus, stock, commission, profit sharing or tips. 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.'. The information provided is from their perspective. Top HSBC Salaries - By Title . See if they're hiring! The estimated base pay is HK$1,300,000 per year. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. L7 / Senior Staff SWE. Build your career at HSBC. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. L8 / Principal Engineer. We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. Employee Benefits. See all GCB4 salaries to learn how this stacks up in the market. Salary Estimate. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. 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. 5 Amazon Delivery jobs available in Sandy Bay, Hong Kong Island on Indeed.com. Your input helps Glassdoor refine our pay estimates over time. Find jobs. The best paid HSBC employees work in South Korea for an average salary of $650,000. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. As things stand, the average progression from Analyst to MD is around 15-20 years. The lowest salary for a GCB4 in Hong Kong is HK$1,200,000 per year. The cost of living in Hong Kong is NaN percent lower than the national average. 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. The aim of the changes is to create a leaner and more focused, agile and competitive bank said Arden. General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. 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. 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. Most HSBC employees using Emolument work in Oman for an average salary of $650,000. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees in Hong Kong. As part of the changes,all HSBC'semployees in GCB2 will automatically be renamed managing director in March 2022. You might also be interested in salaries for. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. Sign in. We appreciate you taking the time to give us feedback. The estimated total pay for a GCB4 at HSBC is HK$1,550,001 per year. Trends in wages decreased by -100.0 percent in Q3 2022. Have a confidential story, tip, or comment youd like to share? How accurate does HK$1,300,000 look to you? The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. okies for the freshers and not for experienced, See if they're hiring! HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make? This is the employer's chance to tell you why you should work for them. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. 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. They're trying to make people accountable. The typical HSBC Associate Director salary is 100,000 per year.. My career journey with HSBC started in 2019 when I joined the bank . L5 / Senior SWE. coverage is good and timely. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. The national average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. This is the employer's chance to tell you why you should work for them. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. Click here to see the total pay, recent salaries shared and more! GCB 4 (VP etc.) . Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. 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. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. The community relies on everyone sharing , HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. 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). Apply to Devops Architect, Lead Architect, Network Engineer and more! The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. How much does a GCB4 make? However it goes like this: GCB 8 (entry level) GCB 7 (Asst mgr.,analyst,SME, etc.) How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? L9 / Distinguished Engineer. HSBC is set to announce who the general managers will be imminently, and they will be formally promoted in September. 457. In HSBC the level of your work is denoted by GCB. 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. GCB4 salaries at HSBC can range from HK$11,56,884-HK$14,47,810. Check out the latest HSBC Jobs. hsbc gcb3 salary band uk Google: L3 / SWE II. .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? These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. Find salaries. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. Apply to Shipping Coordinator, Marketing Executive, E-commerce Specialist and more! Browse Back Office vacancies on a Contract bases now on Jobsite. See Group Senior Manager GCB4 Salaries at other companies. 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. 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. In future there will be no GCB1s, which was seen as a halfway house between being MD and group general manager. This is the employer's chance to tell you why you should work for them. The average salary in Hong Kong is HK$382k. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. Title Average Salary Salary Comparison Full Access; Senior MD/Head Of: $320,000 Get full report: CEO: $285,000 . Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. Board of directors. The information provided is from their perspective. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. One former senior banker said: Their whole structure is lop-sided. ), 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. 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; . Thank you. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. It'd be a step backwards. Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. How accurate does HKD1,300,000 look to you? How accurate does HK$1,145,496 - HK$1,462,314 look to you. GCB4 is far too junior for Senior Manager. 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. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. Endless possibilities, diverse outlooks. We enable businesses to More. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. 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. Salary Estimate. Total Pay HK$960,000/yr Base Pay By the time the official letter was circulated, the reference to those specific layers had disappeared. 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.. We enable businesses to More. 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. 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. Your input helps Glassdoor refine our pay estimates over time. The lowest paid HSBC employees are Junior Operatives at $24,000. - The managing director band will encompass a wide range of roles across layers three to five, said that letter. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. The region is primed for growth, despite the gloomy global picture, writes Surendra Rosha. Check out the latest HSBC Jobs. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. Technically the grades in HSBC varies from region to region and nature of business. Related Searches:All GCB4 Salaries|All HSBC Salaries. Company reviews. 18 days paid annual leave plus additional leave such as marriage, birthday and . 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. We comply with the applicable provisions of the UK Corporate Governance Code and the requirements of the Hong Kong Corporate Governance Code. Learn more about the HSBC Hong Kong office. bad thing is when position is outsourced, benefits transition to a worse progrsm, See if they're hiring! See all GCB4 salaries to learn how this stacks up in the market. Answer (1 of 2): GCB refers to Global Career Band. It will be interesting to see if it works.. 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. 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, . Find the latest media releases, HSBC news, speeches and award wins. 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. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. Filter by location to see GCB4 salaries in your area. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year.
hsbc gcb4 salary hong kong
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