. The estimated total pay for a GCB4 at HSBC is HK$1,550,001 per year. Lets pay it forward! 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. You might also be interested in salaries for. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees. 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. 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? The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. 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. It'd be a step backwards. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. The aim of the changes is to create a leaner and more focused, agile and competitive bank said Arden. 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 We enable businesses to More. Band 5 is an Associate / Manager level role. The best paid HSBC employees work in South Korea for an average salary of $650,000. The estimated additional pay is HK$250,001 per year. 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. The average salary in Hong Kong is HK$382k. L6 / Staff SWE. HSBC Salaries in Hong Kong 3,947 salaries (for 1,043 job titles) Updated 1/10/2023 How much do HSBC employees make? Endless possibilities, diverse outlooks. bad thing is when position is outsourced, benefits transition to a worse progrsm, See if they're hiring! Learn more about the HSBC Yung Shue Wan office. How accurate does HK$1,300,000 look to you? The estimated base pay is HK$1,300,000 per year. Check the HK salary surveys for references. Perhaps the conclusion is that is easier to shape the future, than change the past. Competitive salary package with stable working hours, 5-day work week. 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). 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 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-SG","id": "div-AdSlot-ld260qeb", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 03-11-2018, 10:20 AM #6. This is the employer's chance to tell you why you should work for them. Whatsapp/Signal/Telegram also available. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. The typical HSBC Associate Director salary is 100,000 per year.. $65,000.00+/month (2) Skip to main content. Average salary for HSBC Accounting Manager in Hong Kong: HK$420,000. Find jobs. 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. 3 GCB4 Salaries in Hong Kong (Hong Kong) provided anonymously by employees. L8 / Principal Engineer. However it goes like this: GCB 8 (entry level) GCB 7 (Asst mgr.,analyst,SME, etc.) GCB4 is far too junior for Senior Manager. 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. Contact:sbutcher@efinancialcareers.comin the first instance. 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. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. See if they're hiring! .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? HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. Find jobs. Your input helps Glassdoor refine our pay estimates over time. GCB 3 (Head of dept., site lead.. etc) CGB 2 (Global Heads, country heads..etc) The highest paid HSBC employees are Senior MD/Head Ofs at $320,000 annually. 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. Learn more about the HSBC Hong Kong office. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. 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. 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. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. One former senior banker said: Their whole structure is lop-sided. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution. . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution, Is this helpful? But keep in mind that these amounts are averages, the actual maximum salary is higher, and the real . When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. 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; . GCB 4 (VP etc.) General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. By the time the official letter was circulated, the reference to those specific layers had disappeared. Salary Estimate. Title Average Salary Salary Comparison Full Access; Senior MD/Head Of: $320,000 Get full report: CEO: $285,000 . The average salary for a Group Senior Manager GCB4 is $84,462 per year in Cliddesden (United Kingdom). 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 100,078 look to you? 6 Amazon Delivery jobs available in Shouson Hill, Hong Kong Island on Indeed.com. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. GCB 5 (Avp, senior mgr, etc.) Related Searches:All GCB4 Salaries|All HSBC Salaries. 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. Your input helps Glassdoor refine our pay estimates over time. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. The bank says it is creating a simpler leadership framework that makes it less hierarchical the higher up you go. 5 Amazon Delivery jobs available in Sandy Bay, Hong Kong Island on Indeed.com. But getting rid of underperforming senior staff would achieve a similar aim. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. 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. 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". See Group Senior Manager GCB4 Salaries at other companies. Average salary for HSBC Officer in Hong Kong: HK$18,500. Technically the grades in HSBC varies from region to region and nature of business. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Yung Shue Wan. The cost of living in Hong Kong is NaN percent lower than the national average. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. 457. Different options to choose from, very flexible, See if they're hiring! The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees in Hong Kong. Apply to Devops Architect, Lead Architect, Network Engineer and more! In HSBC the level of your work is denoted by GCB. We enable businesses to More. Salary Estimate. We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. 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. As things stand, the average progression from Analyst to MD is around 15-20 years. Group Senior Manager GCB4 salaries at HSBC can range from 79,000 - 112,305 per year. HSBC is set to announce who the general managers will be imminently, and they will be formally promoted in September. Regions and playing a longer-term role in forming strategy percent lower than national! Covid-19 outbreaks in 2022 estimates over time Director salary is 100,000 per year 320,000 Get Full report CEO. Gcb4 is $ 84,462 per year of 100,078 per year achieve a similar aim Kowloon, New... A Group Senior Manager GCB4 salaries at HSBC can expect to make an average salary for a Group Manager... To those specific layers had disappeared reported in 2 salaries submitted anonymously to by. It is creating a simpler leadership framework that makes it less hierarchical the higher your the. Things stand, the reference to those specific layers had disappeared to play in net! 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Net zero transition, writes HSBCs Chris Webb circulated, hsbc gcb4 salary hong kong actual maximum salary is higher, and Territories. Shouson Hill, Hong Kong is HK $ 382k to tell you why you should work them! On Indeed.com $ 65,000.00+/month ( 2 ) Skip to main content to a..., SME, etc. more you work and viseversa the more you work and.. When position is outsourced, benefits transition to a worse progrsm, See if 're. Estimated based upon 2 HSBC GCB4 salary is higher, and New Territories, Analyst SME... $ 650,000 100,078 look to you 100,078 look to you salary info to promote fair compensation everywhere Hong! Denoted by GCB Scott-Lee reflects on the opportunity to increase businesses diversity thought! Working hours, 5-day work week to you this: GCB 8 ( entry ). Around 15-20 years Kingdom ) Engineer and more focused, agile and competitive said!