hsbc gcb4 salary hong kong

Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. 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. We comply with the applicable provisions of the UK Corporate Governance Code and the requirements of the Hong Kong Corporate Governance Code. Total Pay HK$960,000/yr Base Pay How accurate does HK$11,56,884 - HK$14,47,810 look to you. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. 100,078 Total Pay Average See all GCB4 salaries to learn how this stacks up in the market. 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. 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. .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? Instead, there'll just be thenew general manager band sitting right below the group executive committee. The cost of living in Hong Kong is NaN percent lower than the national average. .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. This is the employer's chance to tell you why you should work for them. This is the employer's chance to tell you why you should work for them. GCB 6 (Manager,Associate manager, etc.) Title Average Salary Salary Comparison Full Access; Senior MD/Head Of: $320,000 Get full report: CEO: $285,000 . 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. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. The aim of the changes is to create a leaner and more focused, agile and competitive bank said Arden. Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 per year. 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, the Hong Kong and Shangai Bank, is a bank created in 1865 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. Your input helps Glassdoor refine our pay estimates over time. The region is primed for growth, despite the gloomy global picture, writes Surendra Rosha. In HSBC the level of your work is denoted by GCB. Senior independent non-executive Director, Group Company Secretary and Chief Governance Officer. Click here to see the total pay, recent salaries shared and more! How accurate does HKD1,300,000 look to you? coverage is good and timely. Browse Back Office vacancies on a Contract bases now on Jobsite. See all GCB4 salaries to learn how this stacks up in the market. 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". Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. See if they're hiring! 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; . Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. L8 / Principal Engineer. The typical HSBC Associate Director salary is 100,000 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. Contact:sbutcher@efinancialcareers.comin the first instance. But getting rid of underperforming senior staff would achieve a similar aim. Filter by location to see GCB4 salaries in your area. Find information about our performance, dividends, and investor events. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Find jobs. We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. 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. Your input helps Glassdoor refine our pay estimates over time. The average salary for a Group Senior Manager GCB4 is $84,462 per year in Cliddesden (United Kingdom). 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.. Band 5 is an Associate / Manager level role. Filter by location to see a GCB4 salaries in your area. Endless possibilities, diverse outlooks. Hiring now: 47 Contract Back Office jobs in Cranbrook. Investor information in Chinese - , Shanghai Administration for Industry & Commerce. $20,000.00+/month (2) $25,833.33+/month (1) Job Type. 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. Apply to Shipping Coordinator, Marketing Executive, E-commerce Specialist and more! GCB 4 (VP etc.) One former senior banker said: Their whole structure is lop-sided. 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. L7 / Senior Staff SWE. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. My career journey with HSBC started in 2019 when I joined the bank . Related Searches:All GCB4 Salaries|All HSBC Salaries. But keep in mind that these amounts are averages, the actual maximum salary is higher, and the real . As part of the changes,all HSBC'semployees in GCB2 will automatically be renamed managing director in March 2022. 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. Different options to choose from, very flexible, See if they're hiring! Check out the latest HSBC Jobs. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution. Check the HK salary surveys for references. Thats no bad thing. 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, . 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. Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. What salary does a GCB4 earn in Hong Kong? The estimated base pay is HK$1,300,000 per year. 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. The next site will open in a new browser window. 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. 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 average salary in Hong Kong is HK$382k. 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. Learn more about the HSBC Yung Shue Wan office. Competitive salary package with stable working hours, 5-day work week. .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? 100,078 Total Pay Average HSBC salary trends based on salaries posted anonymously by HSBC employees. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. 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 . Salary Estimate. See if they're hiring! 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). 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 salaries. See if they're hiring! Apply to Devops Architect, Lead Architect, Network Engineer and more! This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Employee Benefits. 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 typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. . The estimated additional pay is HK$250,001 per year. They're trying to make people accountable. Eventually it will unless its offensive or libelous (in which case it wont. GCB4 salaries at HSBC can range from HK$11,56,884-HK$14,47,810. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. Average salary for HSBC Officer in Hong Kong: HK$18,500. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. Have a confidential story, tip, or comment youd like to share? GCB 5 (Avp, senior mgr, etc.) Top HSBC Salaries - By Title . How accurate does HK$1,145,496 - HK$1,462,314 look to you. 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. 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. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make? Create your profile. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution, Is this helpful? Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. Trends in wages decreased by -100.0 percent in Q3 2022. Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? Perhaps the conclusion is that is easier to shape the future, than change the past. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. In future there will be no GCB1s, which was seen as a halfway house between being MD and group general manager. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. 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 Board aims to promote the Group's long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. Your input helps Glassdoor refine our pay estimates over time. We enable businesses to More. 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