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HSBC Group

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4.0

based on 4.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Associate salaries in Kolkata

Annual salary range
0 - 10 years exp.
₹7 Lakhs - ₹17.7 Lakhs
Salary of majority employees
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42% more than the average Associate Salary in Financial Services Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
2 - 7 years exp. (11 salaries)
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₹4.5 L/yr - ₹16 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 6 years exp. (7 salaries)
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₹5.2 L/yr - ₹11.6 L/yr

Finance & Accounting
Associate Salary
0 - 10 years exp. (7 salaries)
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₹4.4 L/yr - ₹18 L/yr

Data Science & Analytics
Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹13.5 L/yr

Last Updated: 6 Dec 2024

Companies similar to HSBC Group for Associate in Kolkata

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HSBC Group Associate Salary

0 - 10 years exp. (37 salaries)

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₹7 L/yr - ₹17.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Standard Chartered Associate Salary

6 - 10 years exp. (4 salaries)

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₹14 L/yr - ₹25 L/yr

arrow icon 62% more
7 job openings
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Axis Bank Associate Salary

1 - 5 years exp. (3 salaries)

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₹2.4 L/yr - ₹3 L/yr

arrow icon 72% less
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (29 salaries)

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₹1.6 L/yr - ₹3.9 L/yr

arrow icon 74% less
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State Bank of India Associate Salary

1 - 5 years exp. (11 salaries)

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₹4 L/yr - ₹7.2 L/yr

arrow icon 38% less
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Cognizant Associate Salary

0 - 9 years exp. (7.5k salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 16% less
17 job openings
Associate salary at HSBC Group ranges between ₹7 Lakhs to ₹17.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 37 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Associate in Kolkata

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Experience wise HSBC Group Associate salaries in Kolkata

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹12.6 L/yr
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹13.7 L/yr
2 years  (4 salaries)

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₹3.3 L/yr - ₹14.9 L/yr
3 years  (5 salaries)

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₹3.6 L/yr - ₹16 L/yr
4 years  (5 salaries)

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₹4.1 L/yr - ₹17.2 L/yr
View all

Similar Designation salaries in HSBC Group

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₹5.18 L/yr - ₹20 L/yr

Top skills at HSBC Group for Associate

Banking Mergers Business operations Finance People Management

Salary related reviews for HSBC Group

3.5

Rated by 6 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

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Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

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Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 11 Feb 2022

1.0
 for  Salary and Benefits

Likes

Work culture varies from team to team. HSBC is a bureaucratic mess. The management is clueless about what is happening and just throws around the latest buzzwords like a parrot There is a lot of scope to develop your skills and learn as there is no one here who knows anything and you yourself have to take up the initiative to do things

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Dislikes

Compensation is poor There are no procedures in place to accomplish things but their feature list is too long, expectations are high and timelines are too tight

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Engineering - Software & QA Department

3.0
  •  posted on 21 May 2022

2.0
 for  Salary and Benefits

Likes

Good Work Life balance Excellent paid leaves - 34 leaves + 10 sick leaves per year Good team collaboration Medical insurance covered Transport facility only for the localites

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Dislikes

Highly structural and follow standards Pay hikes to be improved - very low compared to the market Struggle to get recognized over the departments - heavy politics No extra amenities provided

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Engineering - Software & QA Department

3.0
  •  posted on 04 Mar 2022

5.0
 for  Salary and Benefits

Likes

...k Life Balance. Company policies are also good, appraisals are fair and decent. They also give bonus every year.

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Dislikes

As I was working in IT department of bank, the career growth is slow as IT is secondary to them. They are using lot of legacy technology and no one bother to adapt new. Job security is also not there at senior level and you could see pink slip if your role is redundant.

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Engineering - Software & QA Department

2.0
  •  posted on 03 May 2021

2.0
 for  Salary and Benefits

Likes

The only thing that kept me going was job security. The work culture wasn't really good.

Dislikes

...ement sweet talks you every time you discuss an issue and it rarely gets solved. Salary was good but the yearly bonus/raise was meagre. Not much flexibility with the holiday plan, a lot of it depends on the team also, but overall work culture wasn't a good experience. If you value work satisfaction, welcoming culture, work life balance over salary then this place is not for you.

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HSBC Group Associate Salary FAQs

What is the salary of Associate at HSBC Group Kolkata?
Associate salary at HSBC Group in Kolkata ranges between ₹7.0 Lakhs to ₹17.7 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 42% more than the average Associate Salary in India. Salary estimates are based on 37 latest salaries received from various employees of HSBC Group Kolkata.
How does the salary of a Associate at HSBC Group Kolkata compare with the average salary range for this job?
The average salary of a Associate at HSBC Group is 42% more than the average salary of a Associate in Kolkata. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at HSBC Group?
Banking, Mergers, Business operations, Finance and People Management are some of the popular skills required to work as a Associate at HSBC Group Kolkata.
Which similar companies are paying more than HSBC Group to a Associate in Kolkata?
  • Standard Chartered Associate Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
What is the salary of a Associate in companies similar to HSBC Group in Kolkata?
  • Cognizant Associate Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
  • State Bank of India Associate Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
  • Axis Bank Associate Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year
  • Kotak Mahindra Bank Associate Salary - ₹1.6 Lakhs to ₹3.9 Lakhs per year
What is the estimated take home salary of a Associate at HSBC Group in Kolkata?
The estimated take-home salary of a Associate at HSBC Group ranges between ₹73,437 per month to ₹75,334 per month in Kolkata. The take-home salary calculation is based on the average HSBC Group Associate salary in India which ranges between ₹7.0 Lakhs to ₹17.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Associate at HSBC Group in Kolkata?
According to AmbitionBox, 42% of the HSBC Group Associates in Kolkata reported a notice period of 3 Months, 26% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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HSBC Group Associate salary in Kolkata ranges between ₹7 Lakhs to ₹17.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 HSBC Group latest salaries received from various employees of HSBC Group.