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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 Associate Salaries in India

based on 384 latest salaries
Explore Salaries by Departments
Engineering - Software & QA Finance & Accounting Customer Success, Service & Operations BFSI, Investments & Trading + 6 more
Designation Avg Annual Salary Open Jobs
1 - 8 years exp. (385 salaries)
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₹4.5 L/yr - ₹19 L/yr

8 - 17 years exp. (22 salaries)
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₹14 L/yr - ₹40 L/yr

12 - 21 years exp. (22 salaries)
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₹30 L/yr - ₹78 L/yr

3 - 8 years exp. (22 salaries)
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₹4.9 L/yr - ₹12 L/yr

4 - 12 years exp. (22 salaries)
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₹23.2 L/yr - ₹33.1 L/yr

5 - 18 years exp. (22 salaries)
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₹13.4 L/yr - ₹23 L/yr

11 - 18 years exp. (21 salaries)
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₹32 L/yr - ₹97.1 L/yr

6 - 20 years exp. (21 salaries)
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₹20.7 L/yr - ₹60 L/yr

0 - 10 years exp. (21 salaries)
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₹3 L/yr - ₹10.1 L/yr

1 - 9 years exp. (21 salaries)
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₹3 L/yr - ₹6.2 L/yr

4 - 10 years exp. (21 salaries)
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₹14.6 L/yr - ₹35 L/yr

1 - 5 years exp. (21 salaries)
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₹8 L/yr - ₹15 L/yr

0 - 8 years exp. (20 salaries)
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₹4.7 L/yr - ₹10.2 L/yr

2 - 8 years exp. (20 salaries)
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₹4.2 L/yr - ₹8 L/yr

12 - 17 years exp. (20 salaries)
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₹29 L/yr - ₹54 L/yr

0 - 6 years exp. (20 salaries)
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₹4.6 L/yr - ₹15.5 L/yr

1 - 6 years exp. (20 salaries)
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₹3.5 L/yr - ₹9.5 L/yr

2 - 5 years exp. (20 salaries)
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₹4.2 L/yr - ₹14 L/yr

3 - 10 years exp. (20 salaries)
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₹3.5 L/yr - ₹8.2 L/yr

11 - 19 years exp. (20 salaries)
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₹20 L/yr - ₹40 L/yr

1 - 6 years exp. (20 salaries)
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₹3.8 L/yr - ₹6.3 L/yr

Last Updated: 22 Dec, 2024

Salary related reviews for HSBC Group

3.5

Rated by 51 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.

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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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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

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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

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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

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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

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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.

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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.

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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.

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HSBC Group Salary FAQs

How much does HSBC Group pay per year?
The average HSBC Group salary ranges from approximately ₹0.2 Lakh to ₹2.1 Lakhs per year for a Tele Caller and ₹90 Lakhs to ₹1 Crore per year for a Head Engineering. Salary estimates are based on 384 HSBC Group salaries received from various employees of HSBC Group. HSBC Group employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in HSBC Group?
The highest-paying job at HSBC Group is a Head Engineering with a salary of ₹90 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹30.15 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year.
What is the minimum salary in HSBC Group?
Minimum salary at HSBC Group depends on the role you are applying for. For Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹6.8 Lakhs per year, and for Software Engineer the minimum salary is ₹4.9 Lakhs to ₹14.5 Lakhs per year and so on.
What is the salary package for freshers in HSBC Group?
The average salary at HSBC Group for freshers varies from ₹2.1 Lakhs to ₹6.5 Lakhs per year for Customer Care Executive and ₹15 Lakhs to ₹24 Lakhs per year for Investment Banking Analyst.
What is the notice period for Senior Associate at HSBC Group?
According to AmbitionBox, 36% of the HSBC Group Senior Associates reported a notice period of 3 Months, 35% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 218 responses on AmbitionBox in last 2 years.

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Average annual salary for Senior Associate in HSBC Group is INRunlock blur . Salary estimates are based on 384 HSBC Group latest salaries received from various employees of HSBC Group.

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