Have a confidential story, tip, or comment youd like to share? See all GCB4 salaries to learn how this stacks up in the market. This is the employer's chance to tell you why you should work for them. L5 / Senior SWE. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 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. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. 457. 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. 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. L8 / Principal Engineer. The lowest salary for a GCB4 in Hong Kong is HK$1,200,000 per year. L6 / Staff SWE. Learn more about the HSBC Hong Kong office. You might also be interested in salaries for. 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. 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; . The best paid HSBC employees work in South Korea for an average salary of $650,000. By the time the official letter was circulated, the reference to those specific layers had disappeared. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. 3 GCB4 Salaries in Hong Kong (Hong Kong) provided anonymously by employees. These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. 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.'. Average salary for HSBC Accounting Manager in Hong Kong: HK$420,000. Endless possibilities, diverse outlooks. 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. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Find salaries. 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;}. The average salary for a GCB4 is HKD1,300,000 per year in Hong Kong. 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. 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. GCB 6 (Manager,Associate manager, etc.) Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. Band 5 is an Associate / Manager level role. 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. See all GCB4 salaries to learn how this stacks up in the market. Check out the latest HSBC Jobs. Apply to Devops Architect, Lead Architect, Network Engineer and more! 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. Average salary for HSBC Officer in Hong Kong: HK$18,500. 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". Your input helps Glassdoor refine our pay estimates over time. Whatsapp/Signal/Telegram also available. 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 cost of living in Hong Kong is NaN percent lower than the national average. 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. 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. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. 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). bad thing is when position is outsourced, benefits transition to a worse progrsm, See if they're hiring! The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. GCB4 is far too junior for Senior Manager. . This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report(s) provided by employees or estimated based upon statistical methods. 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. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. 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. 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 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. Your input helps Glassdoor refine our pay estimates over time. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. How accurate does HK$11,56,884 - HK$14,47,810 look to you. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. No salaries have been reported for GCB4 at with the selected location and years of experience. Lets pay it forward! hsbc gcb3 salary band uk Google: L3 / SWE II. 5 Amazon Delivery jobs available in Sandy Bay, Hong Kong Island on Indeed.com. As things stand, the average progression from Analyst to MD is around 15-20 years. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. 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? .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? 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. The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. Company reviews. 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. Different options to choose from, very flexible, See if they're hiring! We appreciate you taking the time to give us feedback. 18 days paid annual leave plus additional leave such as marriage, birthday and . 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. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. We enable businesses to More. The information provided is from their perspective. 6 Amazon Delivery jobs available in Shouson Hill, Hong Kong Island on Indeed.com. 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. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. But getting rid of underperforming senior staff would achieve a similar aim. We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. 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. Salary Estimate. coverage is good and timely. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report (s) provided by employees or estimated based upon statistical methods. HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. But keep in mind that these amounts are averages, the actual maximum salary is higher, and the real . GCB 3 (Head of dept., site lead.. etc) CGB 2 (Global Heads, country heads..etc) $20,000.00+/month (2) $25,833.33+/month (1) Job Type. The highest paid HSBC employees are Senior MD/Head Ofs at $320,000 annually. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. The information provided is from their perspective. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. Below this, it will keep its existing bands that range from GCB3 to 8, where employees designated 8 are the most junior. Contact:sbutcher@efinancialcareers.comin the first instance. Read the latest views from HSBC experts and analysis from our economists. 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. What salary does a GCB4 earn in Hong Kong? How accurate does HK$1,300,000 look to you? Top HSBC Salaries - By Title . ), 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. Skip to main content. 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. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make? 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