HSBC Group Senior Payroll Executive Salaries by 5 Employees

3 - 5 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Senior Payroll Executive Salary in Financial Services Companies for 3 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to HSBC Group for Senior Payroll Executive

Company name	Avg Annual Salary	Open Jobs
Aon Senior Payroll Executive Salary 4 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹5.4 L/yr 31% more
Mynd Solutions Private Senior Payroll Executive Salary 2 - 6 years exp. (84 salaries)	₹2.9 L/yr - ₹6.3 L/yr 37% more
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Automatic Data Processing (ADP) Senior Payroll Executive Salary 2 - 8 years exp. (70 salaries)	₹3.1 L/yr - ₹7.1 L/yr 74% more
Ascent HR Technologies Private Limited Senior Payroll Executive Salary 3 - 8 years exp. (58 salaries)	₹3.6 L/yr - ₹6.6 L/yr 48% more
Ramco Systems Senior Payroll Executive Salary 3 - 8 years exp. (55 salaries)	₹3.7 L/yr - ₹8 L/yr 84% more	1 job opening

Senior Payroll Executive salary at HSBC Group ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Senior Payroll Executive salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

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Salary related reviews for HSBC Group

Senior Analyst in Bangalore / Bengaluru

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

Salary - Poor

+2 more

Senior Analyst in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 21 Feb 2025

1.0

for Salary and Benefits

Dislikes

Salary hike is not based on your year long hardwork but rather on your salary band in comparison to company' average. That means what ever hard work you do it doesn't matter or not cared rather as you are in a higher salary band

Salary - Bad

+4 more

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.

Analyst in Bangalore / Bengaluru

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

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

Job security - Poor

+3 more

Senior Analyst in Kolkata

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.

Salary - Poor

+2 more

see more salary related reviews

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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 Payroll Executive Salary FAQs

What is the salary of Senior Payroll Executive at HSBC Group ?

The average salary of a Senior Payroll Executive at HSBC Group in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Senior Payroll Executive at HSBC Group earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Senior Payroll Executive 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 Payroll Executive at HSBC Group in India?

The estimated take-home salary of a Senior Payroll Executive at HSBC Group in India typically ranges from ₹23,594 to ₹25,053 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 Payroll Executive in India?

Ramco Systems	₹3.7 Lakhs to ₹8.0 Lakhs per year
Automatic Data Processing (ADP)	₹3.1 Lakhs to ₹7.1 Lakhs per year
Ascent HR Technologies Private Limited	₹3.6 Lakhs to ₹6.6 Lakhs per year
Mynd Solutions Private	₹2.9 Lakhs to ₹6.3 Lakhs per year
Aon	₹3.2 Lakhs to ₹5.4 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.

How the salary growth look like for a Senior Payroll Executive at HSBC Group in India?

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

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.1 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.5 Lakhs per year
5 years	₹1.4 Lakhs to ₹4.0 Lakhs per year

and so on.

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HSBC Group Senior Payroll Executive Salaries

HSBC Group Senior Payroll Executive salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Group latest salaries received from various employees of HSBC Group.