HSBC Electronic Data Processing Payroll Officer Salaries by 4 Employees

3 - 7 years exp.

₹4.6 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Payroll Officer Salary in Banking Companies for 3 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Human Resources Payroll Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹4.8 L/yr
Finance & Accounting Payroll Officer Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
Login to view exact salary
Administration & Facilities Payroll Officer Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 2 Jul 2023

Companies similar to HSBC Electronic Data Processing for Payroll Officer

Company name	Avg Annual Salary	Open Jobs
Alldigi Tech Payroll Officer Salary 0 - 5 years exp. (65 salaries)	₹2.4 L/yr - ₹5 L/yr 24% less
Tesco Payroll Officer Salary 0 - 5 years exp. (33 salaries)	₹2.1 L/yr - ₹6 L/yr 21% less
Login to view exact salary
TCS Payroll Officer Salary 0 - 8 years exp. (12 salaries)	₹1.9 L/yr - ₹7 L/yr 24% less
HSBC Group Payroll Officer Salary 0 - 4 years exp. (11 salaries)	₹3.1 L/yr - ₹6.7 L/yr 2% more
Wipro Payroll Officer Salary 1 - 4 years exp. (8 salaries)	₹2 L/yr - ₹2.6 L/yr 48% less

Payroll Officer salary at HSBC Electronic Data Processing ranges between ₹4.6 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Electronic Data Processing.

Experience wise HSBC Electronic Data Processing Payroll Officer salaries

Last Updated: 2 Jul 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in HSBC Electronic Data Processing

Payroll Analyst Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Payroll Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Officer Salary

(5 salaries)

₹3.5 L/yr - ₹5.2 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Senior Analyst Salary

(199 salaries)

₹4.5 L/yr - ₹18.03 L/yr

Accountant Salary

(6 salaries)

₹5.05 L/yr - ₹11.35 L/yr

Analyst Salary

(364 salaries)

₹3.5 L/yr - ₹14.08 L/yr

Team Lead Salary

(28 salaries)

₹3 L/yr - ₹12.13 L/yr

Senior Associate Salary

(95 salaries)

₹3.78 L/yr - ₹13.2 L/yr

Process Associate Salary

(94 salaries)

₹2 L/yr - ₹6 L/yr

Salary related reviews for HSBC Electronic Data Processing

3.0

Rated by 1 employees for salary & benefits

Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Aug 2020

1.0

for Salary and Benefits

Likes

Since past 2 years I didn’t hike so I am trying my level best to quit Hsbc

Dislikes

Even this year also i am not getting hike due to covid situation there is lot of cost cutting in terms of process automation .There is no growth in Hsbc in terms promotions due to politics

Salary - Bad

+6 more

Analyst in Bangalore / Bengaluru

CDD Department

1.0

• posted on 31 Dec 2019

1.0

for Salary and Benefits

Likes

There s nothing which I like in HSBC.

Dislikes

...no growth in terms of career and our personal development. No work life balance. Compensation is utter worst and pathetic. So plz don't seek a career with HSBC.

Salary - Bad

+6 more

Analyst in Bangalore / Bengaluru

Data Science & Analytics Department

4.0

• posted on 19 Mar 2019

4.0

for Salary and Benefits

Likes

Excellent work culture in bangalore(Gurgaon does not have good work culture), little less compensation comparatively. But still overall I'd rate it to best place to work. Disclaimer: I have switched to different industry

Salary - Good

+6 more

Dislikes

No use of cutting edge technology and relatively less compensation

Assistant Manager in Kolkata

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.

Skill development - Excellent

+3 more

Dislikes

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

Work-life balance - Poor

Assistant Vice President in Hyderabad / Secunderabad

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.

Salary - Good

+6 more

Dislikes

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about HSBC Electronic Data Processing?

Ask anonymously on communities.

HSBC Electronic Data Processing Payroll Officer Salary FAQs

What is the salary of Payroll Officer at HSBC Electronic Data Processing ?

The average salary of a Payroll Officer at HSBC Electronic Data Processing in India typically ranges from ₹4.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Payroll Officer at HSBC Electronic Data Processing earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Payroll Officer 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 Officer at HSBC Electronic Data Processing in India?

The estimated take-home salary of a Payroll Officer at HSBC Electronic Data Processing in India typically ranges from ₹35,395 to ₹36,629 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 Officer in India?

HSBC Group

₹3.1 Lakhs to ₹6.7 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 Officer in companies similar to HSBC Electronic Data Processing in India?

The salary of a Payroll Officer 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:

Tesco	₹2.1 Lakhs to ₹6.0 Lakhs per year
TCS	₹1.9 Lakhs to ₹7.0 Lakhs per year
Alldigi Tech	₹2.4 Lakhs to ₹5.0 Lakhs per year
Wipro	₹2.0 Lakhs to ₹2.6 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 Officer at HSBC Electronic Data Processing in India?

The salary growth for a Payroll Officer at HSBC Electronic Data Processing depends on factors such as experience, performance, and promotions. On average, a Payroll Officer can expect the following growth trajectory at HSBC Electronic Data Processing:

Experience	Average Salary Range
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
7 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HSBC Electronic Data Processing Salaries >
HSBC Electronic Data Processing Payroll Officer Salaries

HSBC Electronic Data Processing Payroll Officer salary in India ranges between ₹4.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Electronic Data Processing latest salaries received from various employees of HSBC Electronic Data Processing.