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HSBC Group Payroll Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
6 - 12 years exp.
₹12 Lakhs - ₹17.2 Lakhs
Salary of majority employees
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17% less than the average Payroll Manager Salary in Financial Services Companies for 6 - 12 years of experience

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Salaries in different departments

Finance & Accounting
Payroll Manager Salary
6 - 9 years exp. (4 salaries)
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₹13 L/yr - ₹17.2 L/yr

Human Resources
Payroll Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 1 Feb 2025

Companies similar to HSBC Group for Payroll Manager in Hyderabad / Secunderabad

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HSBC Group Payroll Manager Salary

6 - 12 years exp. (5 salaries)

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₹12 L/yr - ₹17.2 L/yr

vs
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Amazon Payroll Manager Salary

6 - 17 years exp. (14 salaries)

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₹13 L/yr - ₹29 L/yr

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₹8.6 L/yr - ₹17.8 L/yr

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₹11.1 L/yr - ₹19.2 L/yr

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Flutter Entertainment Payroll Manager Salary

12 - 13 years exp. (4 salaries)

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₹28 L/yr - ₹28.7 L/yr

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Qualcomm Payroll Manager Salary

15 - 19 years exp. (4 salaries)

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₹40 L/yr - ₹93 L/yr

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Payroll Manager salary at HSBC Group ranges between ₹12 Lakhs to ₹17.2 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Payroll Manager in Hyderabad / Secunderabad

1mo ago
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8 years exp.
8mo ago
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12 years exp.
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7 years exp.
11mo ago
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9 years exp.
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6 years exp.

Experience wise HSBC Group Payroll Manager salaries in Hyderabad / Secunderabad

Last Updated: 1 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr
7 years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr
8 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19.8 L/yr
9 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in HSBC Group

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₹7 L/yr - ₹20.1 L/yr
Finance Manager Salary
(16 salaries)
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₹9.9 L/yr - ₹20.7 L/yr

Salary related reviews for HSBC Group

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.

read more
  • Skill development - Good
  • +5 more

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.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Mar 2021

2.0
 for  Salary and Benefits

Likes

If I ever leave HSBC it will only be because of the pay range. Otherwise, its an amazing place to work and learn. Opportunities are plenty for growth. Excellent policies. Just the best..!!

read more
  • Skill development - Excellent
  • +5 more

Dislikes

As compared to other companies, the pay alone is not very good. That is the only reason why people leave HSBC. Otherwise, everybody is more than happy to retire at HSBC itself. Very good place to work.

read more
  • Salary - Poor

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 26 Feb 2025

2.0
 for  Salary and Benefits

Likes

If you go to right team then plenty of opportunity to do experiments and high end work. And easy team switches

  • Skill development - Excellent
  • +3 more

Dislikes

Promotion and salary growth is too slow. No meritocratic rank ordering. No fairness in pay distribution across band. You might be killing youself at the job and you also might be at low pay but you would never be corrected or even fairly compensated

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 24 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing found good about this company ,it's just the name this company has from inside its the worst company to work

Dislikes

Salary growth too much low don't expect much hike here, employees are being underpaid here.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 26 Dec 2024

3.0
 for  Salary and Benefits

Likes

If you are looking for Growth in work and Good work culture and work life balance then HSBC is definitely one of the best options.

read more
  • Skill development - Good
  • +4 more

Dislikes

Appraisals and Promotions are not good. Pay wise you may not feel satisfied ever. Good for 35 + people who are already in good carreer bands.

read more
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HSBC Group Payroll Manager Salary FAQs

What is the salary of Payroll Manager at HSBC Group Hyderabad / Secunderabad?
Payroll Manager salary at HSBC Group in Hyderabad / Secunderabad ranges between ₹12.0 Lakhs to ₹17.2 Lakhs for experience between 6 years to 12 years. According to our estimates it is 17% less than the average Payroll Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group Hyderabad / Secunderabad.
How does the salary of a Payroll Manager at HSBC Group Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Payroll Manager at HSBC Group is 17% less than the average salary of a Payroll Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.
Which similar companies are paying more than HSBC Group to a Payroll Manager in Hyderabad / Secunderabad?
  • Qualcomm Payroll Manager Salary - ₹40.0 Lakhs to ₹93.0 Lakhs per year
  • Flutter Entertainment Payroll Manager Salary - ₹28.0 Lakhs to ₹28.7 Lakhs per year
  • Amazon Payroll Manager Salary - ₹13.0 Lakhs to ₹29.0 Lakhs per year
What is the salary of a Payroll Manager in companies similar to HSBC Group in Hyderabad / Secunderabad?
  • Virtusa Consulting Services Payroll Manager Salary - ₹11.1 Lakhs to ₹19.2 Lakhs per year
  • Automatic Data Processing (ADP) Payroll Manager Salary - ₹8.6 Lakhs to ₹17.8 Lakhs per year
What is the estimated take home salary of a Payroll Manager at HSBC Group in Hyderabad / Secunderabad?
The estimated take-home salary of a Payroll Manager at HSBC Group ranges between ₹1,02,622 per month to ₹1,05,428 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average HSBC Group Payroll Manager salary in India which ranges between ₹12.0 Lakhs to ₹17.2 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Payroll Manager at HSBC Group in Hyderabad / Secunderabad?
According to AmbitionBox, 57% of the HSBC Group Payroll Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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HSBC Group Payroll Manager salary in Hyderabad / Secunderabad ranges between ₹12 Lakhs to ₹17.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HSBC Group latest salaries received from various employees of HSBC Group.