HSBC Group Hyderabad / Secunderabad Payroll Manager Salaries by 5 Employees (Updated 2025)

6 - 18 years exp.

₹8.4 Lakhs - ₹16 Lakhs

Salary of majority employees

23% less than the average Payroll Manager Salary in Financial Services Companies for 6 - 18 years of experience

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Salaries in different departments

Finance & Accounting Payroll Manager Salary 6 - 9 years exp. (3 salaries)	₹13 L/yr - ₹16 L/yr
Customer Success, Service & Operations Payroll Manager Salary 18 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.3 L/yr
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Human Resources Payroll Manager Salary 12 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 27 Jun 2024

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

HSBC Group Payroll Manager Salary

6 - 18 years exp. (5 salaries)

₹8.4 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Amazon Payroll Manager Salary 6 - 17 years exp. (13 salaries)	₹14 L/yr - ₹29 L/yr 56% more
Automatic Data Processing (ADP) Payroll Manager Salary 10 - 17 years exp. (5 salaries)	₹8.6 L/yr - ₹17.8 L/yr 8% less
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Virtusa Consulting Services Payroll Manager Salary 11 - 14 years exp. (5 salaries)	₹11.1 L/yr - ₹19.2 L/yr 11% more
Qualcomm Payroll Manager Salary 15 - 19 years exp. (4 salaries)	₹40 L/yr - ₹93 L/yr 345% more
HSBC Electronic Data Processing Payroll Manager Salary 14 - 18 years exp. (4 salaries)	₹10.5 L/yr - ₹14 L/yr 7% less

Payroll Manager salary at HSBC Group ranges between ₹8.4 Lakhs to ₹16 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Payroll Manager salaries in Hyderabad / Secunderabad

Last Updated: 27 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
7 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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9 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
15+ years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr

Similar Designation salaries in HSBC Group

Operations Manager Salary

(57 salaries)

₹7 L/yr - ₹20.1 L/yr

Finance Manager Salary

(15 salaries)

₹11 L/yr - ₹20.7 L/yr

Salary related reviews for HSBC Group

Senior Associate in Bangalore / Bengaluru

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.

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.

Operations Manager in Hyderabad / Secunderabad

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..!!

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.

Devops Engineer in Pune

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.

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.

Consultant in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 03 May 2024

3.0

for Salary and Benefits

Likes

...mpanies. Overall work is good, work life balance is there, work culture is good. If you get a good package when joining, can stay in here for few years comfortably.

Dislikes

Current increment process and promotion process

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Sep 2024

4.0

for Salary and Benefits

Likes

One of the best company to work with & it's policies helps to balance our family & work life. Staff friendly company & I am proud to be a part of this wonderdul company.

Dislikes

I wouldn't say dislike but may be a suggestion, I have heard from my colleagues that HSBC pay package is not very competitive, I am personally happy with the package.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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 ₹8.4 Lakhs to ₹16.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 23% 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 23% 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
Amazon Payroll Manager Salary - ₹14.0 Lakhs to ₹29.0 Lakhs per year
Virtusa Consulting Services Payroll Manager Salary - ₹11.1 Lakhs to ₹19.2 Lakhs per year

What is the salary of a Payroll Manager in companies similar to HSBC Group in Hyderabad / Secunderabad?

HSBC Electronic Data Processing Payroll Manager Salary - ₹10.5 Lakhs to ₹14.0 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 ₹92,313 per month to ₹94,786 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 ₹8.4 Lakhs to ₹16.0 Lakhs per year for employees with experience between 6 years to 18 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, 50% of the HSBC Group Payroll Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HSBC Group Payroll Manager Salaries in Hyderabad / Secunderabad

HSBC Group Payroll Manager salary in Hyderabad / Secunderabad ranges between ₹8.4 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Group latest salaries received from various employees of HSBC Group.