HSBC Group Senior Assistant Manager Salaries by 5 Employees

7 - 9 years exp.

₹9 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Senior Assistant Manager Salary in Financial Services Companies for 7 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Assistant Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10.5 L/yr
Customer Success, Service & Operations Senior Assistant Manager Salary 9 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.4 L/yr
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IT & Information Security Senior Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr
Risk Management & Compliance Senior Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 23 Sep 2024

Companies similar to HSBC Group for Senior Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Citicorp Senior Assistant Manager Salary 6 - 14 years exp. (133 salaries)	₹8 L/yr - ₹18 L/yr 33% more
Motilal Oswal Financial Services Senior Assistant Manager Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.5 L/yr 52% less
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Cholamandalam Investment & Finance Senior Assistant Manager Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹4.9 L/yr 64% less
IDFC FIRST Bharat Senior Assistant Manager Salary 2 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹2.8 L/yr 75% less
State Street Corporation Senior Assistant Manager Salary 8 - 14 years exp. (3 salaries)	₹25.5 L/yr - ₹30 L/yr 171% more
American Express Senior Assistant Manager Salary 5 - 8 years exp. (3 salaries)	₹10 L/yr - ₹15 L/yr 31% more

Senior Assistant Manager salary at HSBC Group ranges between ₹9 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Senior Assistant Manager salaries

Last Updated: 23 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹17 L/yr
8 years (3 salaries)	₹10 L/yr - ₹11 L/yr
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9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹19.5 L/yr

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Floor Manager Salary

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Salary related reviews for HSBC Group

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..!!

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.

Salary - Poor

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.

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.

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.

Skill development - Good

+3 more

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.

Salary - Good

+6 more

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.

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.

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.

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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HSBC Group Senior Assistant Manager Salary FAQs

What is the salary of Senior Assistant Manager at HSBC Group ?

The average salary of a Senior Assistant Manager at HSBC Group in India typically ranges from ₹9.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 7 years to 9 years).

The top 10% of Senior Assistant Manager at HSBC Group earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Senior Assistant Manager Salaries at HSBC Group 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 5 HSBC Group employees in India.

What is the estimated take home salary of a Senior Assistant Manager at HSBC Group in India?

The estimated take-home salary of a Senior Assistant Manager at HSBC Group in India typically ranges from ₹73,230 to ₹75,121 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 7 years to 9 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 5 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Group for Senior Assistant Manager in India?

State Street Corporation	₹25.5 Lakhs to ₹30.0 Lakhs per year
Citicorp	₹8.0 Lakhs to ₹18.0 Lakhs per year
American Express	₹10.0 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.

What is the salary of a Senior Assistant Manager in companies similar to HSBC Group in India?

The salary of a Senior Assistant Manager at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal Financial Services	₹3.0 Lakhs to ₹7.5 Lakhs per year
Cholamandalam Investment & Finance	₹3.0 Lakhs to ₹4.9 Lakhs per year
IDFC FIRST Bharat	₹2.3 Lakhs to ₹2.8 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 Senior Assistant Manager at HSBC Group in India?

The salary growth for a Senior Assistant Manager at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Senior Assistant Manager can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
7 years	₹8.9 Lakhs to ₹17.0 Lakhs per year
8 years	₹10.0 Lakhs to ₹11.0 Lakhs per year
9 years	₹10.4 Lakhs to ₹19.5 Lakhs per year

and so on.

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HSBC Group Senior Assistant Manager Salaries

HSBC Group Senior Assistant Manager salary in India ranges between ₹9 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Group latest salaries received from various employees of HSBC Group.