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HSBC Electronic Data Processing Payroll Manager salaries in India

Annual salary range
14 - 18 years exp.
₹10.5 Lakhs - ₹14 Lakhs
Salary of majority employees
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11% less than the average Payroll Manager Salary in Banking Companies for 14 - 18 years of experience

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Last Updated: 14 Aug 2024

Companies similar to HSBC Electronic Data Processing for Payroll Manager

Company name Avg Annual Salary Open Jobs
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Yes Bank Payroll Manager Salary

7 - 15 years exp. (4 salaries)

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₹9.5 L/yr - ₹11 L/yr

arrow icon 13% less
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Standard Chartered Payroll Manager Salary

14 - 17 years exp. (4 salaries)

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₹16.8 L/yr - ₹20 L/yr

arrow icon 52% more
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₹6.5 L/yr - ₹9.5 L/yr

arrow icon 38% less
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Amazon Payroll Manager Salary

6 - 19 years exp. (23 salaries)

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₹13 L/yr - ₹32.9 L/yr

arrow icon 77% more
1 job opening
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₹8.3 L/yr - ₹17.8 L/yr

arrow icon 12% more
Payroll Manager salary at HSBC Electronic Data Processing ranges between ₹10.5 Lakhs to ₹14 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Electronic Data Processing.

Latest annual salaries shared by HSBC Electronic Data Processing Payroll Manager

5mo ago
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16 years exp.
1y ago
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15 years exp.
1y ago
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14 years exp.

Experience wise HSBC Electronic Data Processing Payroll Manager salaries

Last Updated: 14 Aug 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
15+ years  (3 salaries)

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₹10.5 L/yr - ₹12 L/yr

Similar Designation salaries in HSBC Electronic Data Processing

Payroll Analyst Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Finance Manager Salary
(63 salaries)
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₹11.5 L/yr - ₹28.21 L/yr
Deputy Manager Salary
(3 salaries)
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₹6.9 L/yr - ₹14 L/yr
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₹7 L/yr - ₹17.5 L/yr
Payroll Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹3.8 L/yr - ₹7 L/yr
Accountant Salary
(6 salaries)
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₹5.05 L/yr - ₹11.35 L/yr
Team Lead Salary
(28 salaries)
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₹3 L/yr - ₹12.13 L/yr
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₹4.6 L/yr - ₹6.5 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for HSBC Electronic Data Processing

BFSI, Investments & Trading Department

5.0
  •  posted on 26 May 2022

4.0
 for  Salary and Benefits

Likes

It is one of the best banks to work with, they definitely recognise you and give you appreciate for each and every good work you have done.

read more
  • Salary - Good
  • +6 more

Dislikes

Apart for salary compensation, i doubt there is anything to dislike about this company.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 20 Jun 2024

3.0
 for  Salary and Benefits

Likes

All over it's a good place to work. Work life balance depends on department and jobs role as it varies. Be in good team can be really helpful here. Work culture is good, mostly for female employees.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Pay management is not that good as mostly underpaid. Not satisfied with package.

read more
  • Work-life balance - Poor

Full Time

 · 

Legal & Regulatory Department

4.0
  •  posted on 03 Aug 2023

4.0
 for  Salary and Benefits

Likes

The best employees friendly organization in the industry. Ample opportunities offered by HSBC to learn from different platforms. Encouraging and motivating work culture leading to sound work-life balance.

read more
  • Salary - Good
  • +6 more

Dislikes

Can match the competitors in terms if remuneration and overall fixed and variable pay.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 11 Aug 2024

3.0
 for  Salary and Benefits

Likes

Good work life balance. Provides global financial experience and outlook. Quality of work can vary depending on the team. There are teams with really mundane work where others have high quality work. Liberal respectful culture.

read more
  • Skill development - Good
  • +4 more

Dislikes

Nothing to dislike very much. But salary is typically just about median in many cases lower vs the industry. Designation and salary growth is typically slow.

read more

Full Time

 · 

Data Science & Analytics Department

5.0
  •  posted on 28 May 2022

5.0
 for  Salary and Benefits

Likes

Best company, it gives opportunity to learn, compensation is according to market standards (unless ur salary is already low, then depends how u negotiate it), best speak up culture, people are treated fairly and with dignity, work life balance: one of the best. Hsbc has many learning tools like LinkedIn learning etc. Very good health insurance (may differ department to department).

read more
  • Salary - Excellent
  • +6 more

Dislikes

Transport facility is not as good as other comanies has but this may be because habc has very good numbers of employees. No child education support for men employee.

read more
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HSBC Electronic Data Processing Payroll Manager Salary FAQs

What is the salary of Payroll Manager at HSBC Electronic Data Processing ?
The average salary of a Payroll Manager at HSBC Electronic Data Processing in India typically ranges from ₹10.5 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Payroll Manager at HSBC Electronic Data Processing earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Payroll Manager Salaries at HSBC Electronic Data Processing can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 HSBC Electronic Data Processing employees in India.
What is the estimated take home salary of a Payroll Manager at HSBC Electronic Data Processing in India?
The estimated take-home salary of a Payroll Manager at HSBC Electronic Data Processing in India typically ranges from ₹86,157 to ₹88,414 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 14 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of HSBC Electronic Data Processing. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HSBC Electronic Data Processing for Payroll Manager in India?
Amazon ₹13.0 Lakhs to ₹32.9 Lakhs per year
Standard Chartered ₹16.8 Lakhs to ₹20.0 Lakhs per year
Automatic Data Processing (ADP) ₹8.3 Lakhs to ₹17.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Electronic Data Processing, depending on the role and experience level.
What is the salary of a Payroll Manager in companies similar to HSBC Electronic Data Processing in India?
The salary of a Payroll Manager at companies similar to HSBC Electronic Data Processing in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹9.5 Lakhs to ₹11.0 Lakhs per year
Equitas Small Finance Bank ₹6.5 Lakhs to ₹9.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Payroll Manager at HSBC Electronic Data Processing in India?
The salary growth for a Payroll Manager at HSBC Electronic Data Processing depends on factors such as experience, performance, and promotions. On average, a Payroll Manager can expect the following growth trajectory at HSBC Electronic Data Processing:

Experience Average Salary Range
14 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
15 years ₹10.5 Lakhs to ₹12.0 Lakhs per year
and so on.

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HSBC Electronic Data Processing Payroll Manager salary in India ranges between ₹10.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HSBC Electronic Data Processing latest salaries received from various employees of HSBC Electronic Data Processing.