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HSBC Group

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4.0

based on 4.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Senior Payroll Officer salaries in India

Annual salary range
3 - 10 years exp.
₹4 Lakhs - ₹10.6 Lakhs
Salary of majority employees
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29% more than the average Senior Payroll Officer Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

Human Resources
Senior Payroll Officer Salary
3 - 10 years exp. (15 salaries)
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₹5.2 L/yr - ₹10.6 L/yr

Finance & Accounting
Senior Payroll Officer Salary
3 - 9 years exp. (12 salaries)
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₹4 L/yr - ₹10 L/yr

Last Updated: 5 Dec 2024

Companies similar to HSBC Group for Senior Payroll Officer

Company name Avg Annual Salary Open Jobs
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Alldigi Tech Senior Payroll Officer Salary

3 - 7 years exp. (12 salaries)

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₹3.5 L/yr - ₹7.1 L/yr

arrow icon 40% less
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Tesco Senior Payroll Officer Salary

3 - 8 years exp. (8 salaries)

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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 49% less
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₹5.5 L/yr - ₹10.5 L/yr

arrow icon 6% less
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₹2.5 L/yr - ₹3.7 L/yr

arrow icon 63% less
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₹9 L/yr - ₹14 L/yr

arrow icon 40% more
Senior Payroll Officer salary at HSBC Group ranges between ₹4 Lakhs to ₹10.6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 27 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Senior Payroll Officer

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9 years exp.
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Experience wise HSBC Group Senior Payroll Officer salaries

Last Updated: 5 Dec 2024

Experience Avg Annual Salary
3 years  (4 salaries)

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₹4 L/yr - ₹12.3 L/yr
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹13 L/yr
5 years  (5 salaries)

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₹5.2 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹10 L/yr
7 years  (6 salaries)

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₹5 L/yr - ₹10 L/yr
View all

Similar Designation salaries in HSBC Group

Payroll Officer Salary
(11 salaries)
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₹3.05 L/yr - ₹6.7 L/yr
Senior Payroll Analyst Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Payroll Associate Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr
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₹3.05 L/yr - ₹4 L/yr
Senior Associate Salary
(383 salaries)
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₹4.5 L/yr - ₹19 L/yr
Payroll Analyst Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr
Senior Analyst Salary
(919 salaries)
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₹5.42 L/yr - ₹22.31 L/yr
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₹3.1 L/yr - ₹6.9 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

Salary related reviews for HSBC Group

3.5

Rated by 6 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

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

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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

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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.

Dislikes

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

read 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..

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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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.

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😊

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HSBC Group Senior Payroll Officer Salary FAQs

What is the salary of Senior Payroll Officer at HSBC Group?
Senior Payroll Officer salary at HSBC Group in India ranges between ₹4.0 Lakhs to ₹10.6 Lakhs for experience between 3 years to 10 years. According to our estimates it is 29% more than the average Senior Payroll Officer Salary in India. Salary estimates are based on 27 latest salaries received from various employees of HSBC Group India.
How does the salary of a Senior Payroll Officer at HSBC Group India compare with the average salary range for this job?
The average salary of a Senior Payroll Officer at HSBC Group is 29% more than the average salary of a Senior Payroll Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than HSBC Group to a Senior Payroll Officer in India?
  • Reckitt Benckiser Senior Payroll Officer Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Senior Payroll Officer in companies similar to HSBC Group in India?
  • HSBC Electronic Data Processing Senior Payroll Officer Salary - ₹5.5 Lakhs to ₹10.5 Lakhs per year
  • Alldigi Tech Senior Payroll Officer Salary - ₹3.5 Lakhs to ₹7.1 Lakhs per year
  • Tesco Senior Payroll Officer Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
  • Northern Marine Management Senior Payroll Officer Salary - ₹2.5 Lakhs to ₹3.7 Lakhs per year
What is the estimated take home salary of a Senior Payroll Officer at HSBC Group in India?
The estimated take-home salary of a Senior Payroll Officer at HSBC Group ranges between ₹59,617 per month to ₹61,123 per month in India. The take-home salary calculation is based on the average HSBC Group Senior Payroll Officer salary in India which ranges between ₹4.0 Lakhs to ₹10.6 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Payroll Officer at HSBC Group?
According to AmbitionBox, 79% of the HSBC Group Senior Payroll Officers reported a notice period of 2 Months, 13% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group Senior Payroll Officer salary in India ranges between ₹4 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 HSBC Group latest salaries received from various employees of HSBC Group.