HELP - HSBC Total comp for VP?

hi all, I'd appreciate some help with total comp for a VP position in HSBC in the UK (non-investment banking position). Specifically:
- what's the avg base salary?

- what's the welcome bonus?

- what are the different seniority levels in HSBC?

thanks all!

3 Comments
 

Based on previous WSO threads, here’s what you need to know:

  1. Average Base Salary for VP at HSBC in the UK (Non-Investment Banking Position):

    • While specific figures for non-investment banking positions at HSBC aren't detailed in the provided context, typically, VP roles in major banks can range significantly based on the division and specific role. For investment banking VPs, the base salary can range from £120,000 to £150,000. Non-investment banking roles might be slightly lower but still competitive.
  2. Welcome Bonus:

    • The context does not provide specific information about welcome bonuses for VPs at HSBC. Generally, welcome bonuses can vary widely depending on the role, experience, and negotiation. They can range from 10% to 30% of the base salary.
  3. Seniority Levels at HSBC:

    • The hierarchy in major banks like HSBC typically follows this structure:
      • Analyst
      • Associate
      • Vice President (VP)
      • Director (or Executive Director)
      • Managing Director (MD)

For more precise figures and details, it might be helpful to refer to specific compensation reports or reach out to current employees on professional networking platforms.

Sources: What is the hierarchy of 'Senior Analyst' in BB?, SENIOR BANKERS: Whale hunting vs. volume work at the senior level, LevFin in London, FUCK GOLDMAN, Question for senior bankers - does it get more or less stressful as you progress?

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