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HSBC Group

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4.0

based on 4.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Payroll Officer salaries in India

Annual salary range
0 - 4 years exp.
₹3.1 Lakhs - ₹6.7 Lakhs
Salary of majority employees
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19% more than the average Payroll Officer Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Human Resources
Payroll Officer Salary
1 - 3 years exp. (4 salaries)
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₹3.1 L/yr - ₹6.5 L/yr

Finance & Accounting
Payroll Officer Salary
2 - 3 years exp. (3 salaries)
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₹3.1 L/yr - ₹6.7 L/yr

Last Updated: 28 Jan 2025

Companies similar to HSBC Group for Payroll Officer

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Alldigi Tech Payroll Officer Salary

0 - 5 years exp. (63 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

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Tesco Payroll Officer Salary

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₹2.1 L/yr - ₹6 L/yr

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TCS Payroll Officer Salary

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₹1.9 L/yr - ₹3.7 L/yr

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0 - 4 years exp. (11 salaries)

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₹2.2 L/yr - ₹3.1 L/yr

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QX Global Group Payroll Officer Salary

0 - 7 years exp. (8 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

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Payroll Officer salary at HSBC Group ranges between ₹3.1 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 11 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Payroll Officer

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Experience wise HSBC Group Payroll Officer salaries

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.3 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.5 L/yr
2 years  (4 salaries)

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₹3.1 L/yr - ₹6.5 L/yr
3 years  (3 salaries)

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₹3.1 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9.1 L/yr

Similar Designation salaries in HSBC Group

Payroll Analyst Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr
Payroll Executive Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Payroll Associate Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Officer Salary
(14 salaries)
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₹1.05 L/yr - ₹5 L/yr
Payroll Specialist Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹1.56 L/yr - ₹4.8 L/yr
Senior Analyst Salary
(978 salaries)
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₹5.5 L/yr - ₹22 L/yr
Accountant Salary
(7 salaries)
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₹1.2 L/yr - ₹6.4 L/yr
Analyst Salary
(1.1k salaries)
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₹4.3 L/yr - ₹19 L/yr
Team Lead Salary
(90 salaries)
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₹6.9 L/yr - ₹28.25 L/yr

Top skills at HSBC Group for Payroll Officer

Payroll Processing EPF PF ESIC Statutory Management Gratuity Act

Salary related reviews for HSBC Group

4.4

Rated by 5 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.

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

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 22 May 2023

4.0
 for  Salary and Benefits

Likes

...licies in place in theory. In practice it all depends on your team and managers. In my experience I haven’t seen many positives apart from pay , but if your team is okay, it might work out very well

read more
  • Salary - Good
    +1 more

Dislikes

Again it’s all contingent on the team. The company has excellent policies in place and if allowed to work will create a great work environment

read more
  • Job security - Poor
    +3 more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 22 Apr 2022

2.0
 for  Salary and Benefits

Likes

I like the culture of the company, the way company supports women empowerment.

  • Job security - Excellent
    +1 more

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

read more
  • Salary - Poor
    +2 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 06 Feb 2023

2.0
 for  Salary and Benefits

Likes

Work life balance is decent, job security is high in HSBC India.. Decei learning opportunities..

  • Skill development - Good
    +3 more

Dislikes

Compensation is not competitive at all compared to its market competitors.. Promotions and hikes are poor and managers play favourites..

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  • Salary - Poor
    +1 more

Data Science & Analytics Department

4.0
  •  posted on 16 Sep 2022

3.0
 for  Salary and Benefits

Likes

Good work culture. People are really helpful.

  • Job security - Good
    +3 more

Dislikes

Annual hike is not even cover the inflation rate. It is more like your salary will reduce value due to inflation rate and hike will be so less. Bonus amount is very less. Even if you get promotion in my department they are giving only 5%🤣 although it is not same for all the department there are departments where people are getting 15-20% hike😊

read more
see more salary related reviews

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HSBC Group Payroll Officer Salary FAQs

What is the salary of Payroll Officer at HSBC Group?
Payroll Officer salary at HSBC Group in India ranges between ₹3.1 Lakhs to ₹6.7 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 19% more than the average Payroll Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HSBC Group India.
How does the salary of a Payroll Officer at HSBC Group India compare with the average salary range for this job?
The average salary of a Payroll Officer at HSBC Group is 19% more than the average salary of a Payroll Officer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Payroll Officer at HSBC Group?
Payroll Processing, EPF, PF, ESIC and Statutory Management are some of the popular skills required to work as a Payroll Officer at HSBC Group India.
What is the salary of a Payroll Officer in companies similar to HSBC Group in India?
  • QX Global Group Payroll Officer Salary - ₹2.5 Lakhs to ₹4.9 Lakhs per year
  • Tesco Payroll Officer Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
  • Alldigi Tech Payroll Officer Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
  • Wipro Payroll Officer Salary - ₹2.2 Lakhs to ₹3.1 Lakhs per year
  • TCS Payroll Officer Salary - ₹1.9 Lakhs to ₹3.7 Lakhs per year
What is the estimated take home salary of a Payroll Officer at HSBC Group in India?
The estimated take-home salary of a Payroll Officer at HSBC Group ranges between ₹36,339 per month to ₹37,559 per month in India. The take-home salary calculation is based on the average HSBC Group Payroll Officer salary in India which ranges between ₹3.1 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Payroll Officer at HSBC Group?
According to AmbitionBox, 71% of the HSBC Group Payroll Officers reported a notice period of 2 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group Payroll Officer salary in India ranges between ₹3.1 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 HSBC Group latest salaries received from various employees of HSBC Group.