McKinsey & Company Chennai Assistant Manager Salaries by 4 Employees

12 - 13 years exp.

₹12.2 Lakhs - ₹22.8 Lakhs

Salary of majority employees

164% more than the average Assistant Manager Salary in Management Consulting Companies for 12 - 13 years of experience

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Last Updated: 28 Apr 2023

Companies similar to McKinsey & Company for Assistant Manager in Chennai

McKinsey & Company Assistant Manager Salary

12 - 13 years exp. (4 salaries)

₹12.2 L/yr - ₹22.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Deloitte Assistant Manager Salary 0 - 13 years exp. (297 salaries)	₹6 L/yr - ₹26 L/yr 32% less	1 job opening
Ernst & Young Assistant Manager Salary 0 - 15 years exp. (263 salaries)	₹6.6 L/yr - ₹26 L/yr 27% less	43 job openings
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KPMG India Assistant Manager Salary 1 - 13 years exp. (177 salaries)	₹10 L/yr - ₹31 L/yr 8% less	147 job openings
PwC Assistant Manager Salary 0 - 12 years exp. (110 salaries)	₹9 L/yr - ₹25 L/yr 19% less
Frost & Sullivan Assistant Manager Salary 12 - 17 years exp. (6 salaries)	₹7 L/yr - ₹14.5 L/yr 46% less

Assistant Manager salary at McKinsey & Company ranges between ₹12.2 Lakhs to ₹22.8 Lakhs per year for employees with experience between 12 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Assistant Manager salaries in Chennai

Last Updated: 28 Apr 2023

Experience	Avg Annual Salary
12 years (3 salaries)	₹12.2 L/yr - ₹38.1 L/yr
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13 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.1 L/yr

Similar Designation salaries in McKinsey & Company

Team Lead Salary

(23 salaries)

₹5.5 L/yr - ₹18 L/yr

Top skills at McKinsey & Company for Assistant Manager

Project Management SAP HCM P2P SAP Implementation TE

Salary related reviews for McKinsey & Company

4.0

Rated by 2 employees for salary & benefits

Junior Associate in Mumbai

Full Time

Consulting Department

1.0

• posted on 09 Jun 2024

5.0

for Salary and Benefits

Likes

Good salary and benefits, specifically for the consulting path

Salary - Excellent

Dislikes

Up or out culture where progression depends on having “sponsors” within the Firm who are willing to staff you; in fact, there is no other way to get staffed on projects except finding these sponsors since there are so few projects (most are lost to BCG, some never come due to deteriorating quality)

Job security - Bad

+4 more

Manager in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 26 Mar 2024

5.0

for Salary and Benefits

Likes

Pay and benefits

Salary - Excellent

Dislikes

Disgusting work culture. Too much politics at mid to senior level. You need to gang up to survive in this company. There is a condescending attitude towards new hires. They firmly believe that they are doing a favour to you by hiring you. They even cut your designation when hiring to prove as if they are some sort of God. The environment is like the movie Hunger games. If you don’t have support of the big group or some senior partner, even the smallest mistake will be viewed very harshly and rudely. They will create a situation where you will be compelled to resign. Everyone is in survival mode to protect the “partner compensation” during this current global economic situation. They will not bat an eye to give a poor rating to highly capable and highly experienced people on some silly excuse. Then they will claim that the person didn’t meet the performance standards. The entire 360 degree review system here is a facade. It can be manipulated to save you hide or send you to the gallows.

Skill development - Bad

+5 more

Financial Associate in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

...re is impressive. And you can work in a very flexible setup. It is hybrid model. Free meal pass is provided every month apart from salary.cab pick up and drop available. Colleagues are fun and supportive.

Salary - Good

+6 more

Dislikes

Very competitive environment. Need to upgrade your skills to survive. Hike percentage is low on yearly basis.

Business Presentation Specialist in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2023

2.0

for Salary and Benefits

Likes

desk job. good start for a fresher

Job security - Good

Dislikes

...ality its a biased place. those who the manager likes will move to better roles. salary and Hike is less when compared to same profiles on other companies

Salary - Poor

+4 more

Senior Process Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

5.0

• posted on 18 Feb 2022

2.0

for Salary and Benefits

Likes

We do have job security and opportunities to learn

Skill development - Good

+2 more

Dislikes

...was just done as formality. Its more like a monopoly and leads are very partial. Compensation is way below the market standards.

Salary - Poor

+2 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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McKinsey & Company Assistant Manager Salary FAQs

What is the salary of Assistant Manager at McKinsey & Company in Chennai?

The average salary of a Assistant Manager at McKinsey & Company in Chennai typically ranges from ₹12.2 Lakhs to ₹22.8 Lakhs per year, depending on experience (from 12 years to 13 years).

The top 10% of Assistant Manager in Chennai at McKinsey & Company earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Assistant Manager Salaries at McKinsey & Company 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 McKinsey & Company employees in India.

What is the estimated take home salary of a Assistant Manager at McKinsey & Company in Chennai?

The estimated take-home salary of a Assistant Manager at McKinsey & Company in Chennai typically ranges from ₹1,41,801 to ₹1,47,076 per month. This is based on the average salary range of ₹12.2 Lakhs to ₹22.8 Lakhs per year for employees with experience ranging from 12 years to 13 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 McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at McKinsey & Company in Chennai?

To be a Assistant Manager at McKinsey & Company in Chennai, the key skills required include:

- Project Management
- SAP HCM
- P2P
- SAP Implementation
- TE

These skills are highly valued at McKinsey & Company and are crucial for successful performance in a Software Engineering role.

What is the salary of a Assistant Manager in companies similar to McKinsey & Company in Chennai?

The salary of a Assistant Manager at companies similar to McKinsey & Company in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

KPMG India	₹10.0 Lakhs to ₹31.0 Lakhs per year
PwC	₹9.0 Lakhs to ₹25.0 Lakhs per year
Ernst & Young	₹6.6 Lakhs to ₹26.0 Lakhs per year
Deloitte	₹6.0 Lakhs to ₹26.0 Lakhs per year
Frost & Sullivan	₹7.0 Lakhs to ₹14.5 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 Assistant Manager at McKinsey & Company in Chennai?

The salary growth for a Assistant Manager at McKinsey & Company in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at McKinsey & Company:

Experience	Average Salary Range
12 years	₹12.2 Lakhs to ₹38.1 Lakhs per year
13 years	₹18.9 Lakhs to ₹24.1 Lakhs per year

and so on.

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McKinsey & Company Assistant Manager Salaries in Chennai

McKinsey & Company Assistant Manager salary in Chennai ranges between ₹12.2 Lakhs to ₹22.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 McKinsey & Company latest salaries received from various employees of McKinsey & Company.