L7 / Senior Staff SWE. The highest salary for a GCB4 in Hong Kong is HKD1,400,000 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. Instead, there'll just be thenew general manager band sitting right below the group executive committee. Top HSBC Salaries - By Title . See Group Senior Manager GCB4 Salaries at other companies. 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. 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". 100,078 Total Pay Average Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. 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. Find jobs. 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. L5 / Senior SWE. However it goes like this: GCB 8 (entry level) GCB 7 (Asst mgr.,analyst,SME, etc.) Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. They're trying to make people accountable. How much will your HSBC salary be in Hong Kong? .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? .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 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. 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. Endless possibilities, diverse outlooks. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. We enable businesses to More. The typical HSBC GCB4 salary is 94,295 per year. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. Lets pay it forward! Your input helps Glassdoor refine our pay estimates over time. An employee working in Hong Kong receives an average monthly salary of 36,000 HKD (around USD 4,684 ). Create your profile. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. 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 }. 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. Find thousands of job opportunities by signing up to eFinancialCareers today. Find the latest media releases, HSBC news, speeches and award wins. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. 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. The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. Check the HK salary surveys for references. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. The cost of living in Hong Kong is NaN percent lower than the national average. 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 GCB4 Jobs or see GCB4 Salaries at other companies. See if they're hiring! Read the latest views from HSBC experts and analysis from our economists. 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, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. Answer (1 of 2): GCB refers to Global Career Band. As things stand, the average progression from Analyst to MD is around 15-20 years. How accurate does HK$1,300,000 look to you? Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. 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. 3 GCB4 Salaries in Hong Kong (Hong Kong) provided anonymously by employees. Technically the grades in HSBC varies from region to region and nature of business. 18 days paid annual leave plus additional leave such as marriage, birthday and . Sign in. GCB 6 (Manager,Associate manager, etc.) The information provided is from their perspective. GCB4 salaries at HSBC can range from HK$11,56,884-HK$14,47,810. Find jobs. Skip to main content. Learn more about the HSBC Yung Shue Wan office. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. Most HSBC employees using Emolument work in Oman for an average salary of $650,000. Check out the latest HSBC Jobs. ), 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. 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.. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 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? L9 / Distinguished Engineer. 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). . We enable businesses to More. . Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. 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 national average salary for a GCB4 is HK$1,300,000 in Hong Kong. See all GCB4 salaries to learn how this stacks up in the market. No salaries have been reported for GCB4 at with the selected location and years of experience. 100,078 Total Pay Average The estimated additional pay is HK$250,001 per year. Build your career at HSBC. Have a confidential story, tip, or comment youd like to share? 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. Senior independent non-executive Director, Group Company Secretary and Chief Governance Officer. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. 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-US","id": "div-AdSlot-ld25zo0g", "fluid": true }, average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. Average salaries for HSBC Gcb4: [salary]. Existing is the crucial word here: the changecould set up a rather different future. Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. Your input helps Glassdoor refine our pay estimates over time. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. 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. Check out the latest HSBC Jobs. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Company reviews. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. Your input helps Glassdoor refine our pay estimates over time. L6 / Staff SWE. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees in Hong Kong. See if they're hiring! L4 / SWE III. We appreciate you taking the time to give us feedback. $20,000.00+/month (2) $25,833.33+/month (1) Job Type. 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. Eventually it will unless its offensive or libelous (in which case it wont. The best paid HSBC employees work in South Korea for an average salary of $650,000. The national average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. It'd be a step backwards. Whatsapp/Signal/Telegram also available. But keep in mind that these amounts are averages, the actual maximum salary is higher, and the real . 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. 457. 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. 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. General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. Your input helps Glassdoor refine our pay estimates over time. Filter by location to see a GCB4 salaries in your area. Find salaries. Different options to choose from, very flexible, Group Senior Manager GCB4 Salaries by Location. Filter by location to see GCB4 salaries in your area. By the time the official letter was circulated, the reference to those specific layers had disappeared. 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 . Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. We comply with the applicable provisions of the UK Corporate Governance Code and the requirements of the Hong Kong Corporate Governance Code. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. The estimated total pay for a GCB4 at HSBC is HK$1,550,001 per year. But getting rid of underperforming senior staff would achieve a similar aim. The typical HSBC Associate Director salary is 100,000 per year.. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. 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. 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. How much does a GCB4 make? 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. Band 5 is an Associate / Manager level role. This estimate is based upon 10 HSBC Group Senior Manager 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$1,145,496 - HK$1,462,314 look to you? My career journey with HSBC started in 2019 when I joined the bank . Find information about our performance, dividends, and investor events. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? This is the employer's chance to tell you why you should work for them. 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. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. okies for the freshers and not for experienced, See if they're hiring! See if they're hiring! Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. The average salary in Hong Kong is HK$382k. Related Searches:All GCB4 Salaries|All HSBC Salaries. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. Board of directors. Total Pay HK$960,000/yr Base Pay Company reviews. 03-11-2018, 10:20 AM #6. The community relies on everyone sharing , HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported.
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