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HSBC Group Technical Associate salaries in India

Annual salary range
8 - 11 years exp.
₹14 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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210% more than the average Technical Associate Salary in Financial Services Companies for 8 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to HSBC Group for Technical Associate

Company name Avg Annual Salary Open Jobs
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ICICI Bank Technical Associate Salary

3 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹3.9 L/yr

arrow icon 79% less
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Axis Bank Technical Associate Salary

0 - 5 years exp. (5 salaries)

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₹4.4 L/yr - ₹5 L/yr

arrow icon 69% less
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₹1.8 L/yr - ₹3 L/yr

arrow icon 83% less
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JPMorgan Chase & Co. Technical Associate Salary

5 - 14 years exp. (15 salaries)

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₹12 L/yr - ₹24 L/yr

arrow icon 1% less
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Morgan Stanley Technical Associate Salary

0 - 2 years exp. (7 salaries)

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₹13.4 L/yr - ₹20 L/yr

arrow icon 5% more
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Wells Fargo Technical Associate Salary

3 - 9 years exp. (6 salaries)

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₹5 L/yr - ₹10.8 L/yr

arrow icon 49% less
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BNY Technical Associate Salary

0 - 7 years exp. (3 salaries)

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₹9 L/yr - ₹9.3 L/yr

arrow icon 40% less
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UBS Technical Associate Salary

0 - 10 years exp. (3 salaries)

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₹9 L/yr - ₹44 L/yr

arrow icon 42% more
Technical Associate salary at HSBC Group ranges between ₹14 Lakhs to ₹18 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Technical Associate

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10 years exp.
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9 years exp.
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11 years exp.
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8 years exp.

Experience wise HSBC Group Technical Associate salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
9 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
10 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in HSBC Group

Senior Associate Salary
(407 salaries)
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₹8.3 L/yr - ₹20 L/yr
Technical Lead Salary
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₹11.4 L/yr - ₹33 L/yr
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₹9 L/yr - ₹38 L/yr
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₹7.75 L/yr - ₹24 L/yr
Team Lead Salary
(94 salaries)
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₹6.91 L/yr - ₹24.25 L/yr
Senior Consultant Salary
(135 salaries)
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₹16.04 L/yr - ₹40 L/yr
Lead Engineer Salary
(7 salaries)
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₹20 L/yr - ₹60.27 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹9 L/yr - ₹27 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for HSBC Group

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

 · 

Engineering - Software & QA Department

3.0
  •  posted on 11 Feb 2022

1.0
 for  Salary and Benefits

Likes

Work culture varies from team to team. HSBC is a bureaucratic mess. The management is clueless about what is happening and just throws around the latest buzzwords like a parrot There is a lot of scope to develop your skills and learn as there is no one here who knows anything and you yourself have to take up the initiative to do things

read more
  • Skill development - Good
  • +2 more

Dislikes

Compensation is poor There are no procedures in place to accomplish things but their feature list is too long, expectations are high and timelines are too tight

read more
  • Salary - Bad
  • +2 more

Engineering - Software & QA Department

3.0
  •  posted on 21 May 2022

2.0
 for  Salary and Benefits

Likes

Good Work Life balance Excellent paid leaves - 34 leaves + 10 sick leaves per year Good team collaboration Medical insurance covered Transport facility only for the localites

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Highly structural and follow standards Pay hikes to be improved - very low compared to the market Struggle to get recognized over the departments - heavy politics No extra amenities provided

read more
  • Salary - Poor
  • +1 more

Engineering - Software & QA Department

3.0
  •  posted on 04 Mar 2022

5.0
 for  Salary and Benefits

Likes

...k Life Balance. Company policies are also good, appraisals are fair and decent. They also give bonus every year.

read more
  • Salary - Excellent
  • +3 more

Dislikes

As I was working in IT department of bank, the career growth is slow as IT is secondary to them. They are using lot of legacy technology and no one bother to adapt new. Job security is also not there at senior level and you could see pink slip if your role is redundant.

read more
  • Skill development - Poor

Engineering - Software & QA Department

2.0
  •  posted on 03 May 2021

2.0
 for  Salary and Benefits

Likes

The only thing that kept me going was job security. The work culture wasn't really good.

Dislikes

...ement sweet talks you every time you discuss an issue and it rarely gets solved. Salary was good but the yearly bonus/raise was meagre. Not much flexibility with the holiday plan, a lot of it depends on the team also, but overall work culture wasn't a good experience. If you value work satisfaction, welcoming culture, work life balance over salary then this place is not for you.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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HSBC Group Technical Associate Salary FAQs

What is the salary of Technical Associate at HSBC Group ?
The average salary of a Technical Associate at HSBC Group in India typically ranges from ₹14.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Technical Associate at HSBC Group earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Technical Associate 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 4 HSBC Group employees in India.
What is the estimated take home salary of a Technical Associate at HSBC Group in India?
The estimated take-home salary of a Technical Associate at HSBC Group in India typically ranges from ₹1,04,997 to ₹1,07,880 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 8 years to 11 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 4 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 Technical Associate in India?
UBS ₹9.0 Lakhs to ₹44.0 Lakhs per year
Morgan Stanley ₹13.4 Lakhs to ₹20.0 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 Technical Associate in companies similar to HSBC Group in India?
The salary of a Technical Associate at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co. ₹12.0 Lakhs to ₹24.0 Lakhs per year
BNY ₹9.0 Lakhs to ₹9.3 Lakhs per year
Wells Fargo ₹5.0 Lakhs to ₹10.8 Lakhs per year
Axis Bank ₹4.4 Lakhs to ₹5.0 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹3.9 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 Technical Associate at HSBC Group in India?
The salary growth for a Technical Associate at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Technical Associate can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
8 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
9 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
10 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
11 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Technical Associate salary in India ranges between ₹14 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.