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3.9

based on 598 Reviews

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McKinsey & Company Salaries in Chennai

based on 1.1k latest salaries
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Finance & Accounting UX, Design & Architecture Customer Success, Service & Operations Data Science & Analytics + 6 more
Designation Avg Annual Salary Open Jobs
0 - 10 years exp. · Chennai (229 salaries)
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₹2.3 L/yr - ₹10 L/yr

3 - 14 years exp. · Chennai (103 salaries)
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₹5.3 L/yr - ₹12 L/yr

2 - 6 years exp. · Chennai (59 salaries)
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₹2.5 L/yr - ₹4.9 L/yr

1 - 5 years exp. · Chennai (49 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

Starting your career? Discover McKinsey & Company fresher salaries in India
0 - 7 years exp. · Chennai (43 salaries)
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₹3.3 L/yr - ₹9.2 L/yr

4 - 9 years exp. · Chennai (41 salaries)
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₹3.6 L/yr - ₹7 L/yr

0 - 4 years exp. · Chennai (38 salaries)
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₹1.8 L/yr - ₹4.1 L/yr

6 - 18 years exp. · Chennai (24 salaries)
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₹5.5 L/yr - ₹18 L/yr

1 - 5 years exp. · Chennai (21 salaries)
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₹13.7 L/yr - ₹19.5 L/yr

4 - 11 years exp. · Chennai (21 salaries)
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₹4.5 L/yr - ₹7.8 L/yr

1 job opening
0 - 3 years exp. · Chennai (20 salaries)
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₹2.5 L/yr - ₹3.7 L/yr

1 - 6 years exp. · Chennai (20 salaries)
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₹4.7 L/yr - ₹8.3 L/yr

4 - 10 years exp. · Chennai (14 salaries)
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₹5.6 L/yr - ₹10 L/yr

3 - 8 years exp. · Chennai (12 salaries)
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₹15.5 L/yr - ₹17.4 L/yr

4 - 9 years exp. · Chennai (11 salaries)
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₹24.7 L/yr - ₹36.4 L/yr

5 - 10 years exp. · Chennai (9 salaries)
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₹4.2 L/yr - ₹7.7 L/yr

8 - 12 years exp. · Chennai (9 salaries)
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₹6.5 L/yr - ₹10.5 L/yr

6 - 15 years exp. · Chennai (8 salaries)
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₹3.5 L/yr - ₹6 L/yr

8 - 14 years exp. · Chennai (8 salaries)
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₹7.7 L/yr - ₹13 L/yr

1 - 6 years exp. · Chennai (8 salaries)
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₹4.9 L/yr - ₹7 L/yr

Last Updated: 14 Jan, 2025

Salary related reviews for McKinsey & Company

4.0

Rated by 178 employees for salary & benefits

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.

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Dislikes

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

Full Time

 · 

Presentation Design Department

5.0
  •  posted on 27 Mar 2018

4.0
 for  Salary and Benefits

Likes

Job profile, professionalism, treating employees, overtime allowances and job securities are awesome

Dislikes

Payscale is very low as this like big company have to give excellent salary but it's really disappointing from McKinsey, rotational shifts and there is no Gymnasium and not enough Dormitory room for taking rest

read more

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 15 Aug 2023

5.0
 for  Salary and Benefits

Likes

Salary benifits and cab facility was good Nothing else..

Dislikes

Lot of issues with leadership, people with few years experience are designated as coaches and they provide feedback to Team leads regular basis of new joines which is totally partiality.they only promote their favourite people. They always indirectly force us to leave the organisation if we are not one among their favourite people even though we are giving our best work.so that they can promote their favourite person to next level.There is regionalism and also disregard certain group of people. Management needs to work on fixing culture. Daily based deadlines,stress and hectic work...

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Finance & Accounting Department

4.0
  •  posted on 14 Apr 2022

3.0
 for  Salary and Benefits

Likes

For a fresher, it is advised not to start a career in Mckinsey because the salary would be way less than the market average. But for an experienced professional, the company will provide better package. Compare to other organization mckinsey will only be having 8 hrs of working( 7+1 ) Job safety and leave are one of the advantage Sodexo is an additional advantage

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Dislikes

Career growth and opportunity would be slow. HR and management won't consider much about employee issues like long working hours ( work from home ), stressful work. Micro management can be expected from certain teams. For an experienced professional journey would be smooth compared to a fresher. Expense reimbursement of stakeholders roles doesn't have any career growth since the role is limited within McKinsey.

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UX, Design & Architecture Department

5.0
  •  posted on 23 Oct 2021

3.0
 for  Salary and Benefits

Likes

This company can give you everything you want in your life. I have seen many people in my company living a very good life because of my company. Everything is neatly driven and you can work on your assigned work and leave for the day. You will get 10l medical insurance for your family (meaning your wife, children only, not parents - which I don't like). You will get home pickup and home drop with ac cabs. They will provide a meal card. You will be paid much better than you think when you do overtime. They will provide housing loan interest subsidies for eligible people. You get 12 CL, 12 EL, 11 ML in total, which is best compared to any other company. In the cafeteria, you will get everything from Boost, Horlicks, cool drinks. They really care about their employees.

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Dislikes

... many good things about the company, salaries have been stagnant for many years. People with higher tenures draw a lower salary. Management can appreciate their loyalty by providing the hike of 40%. Promotion has been a problem. Many people stuck in the same role for many years. Problem is not enough higher role considering huge amount of people. I really like this company a lot for many reasons, but just one thing I want management to work on is providing better salaries for high tenured people. Commodity prices are inflated. Please increase the salary too.

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McKinsey & Company Salary FAQs

How much does McKinsey & Company pay per year?
The average McKinsey & Company salary ranges from approximately ₹2 Lakhs to ₹2.2 Lakhs per year for a Data Entry Operator and ₹1.8 Crore to ₹3.5 Crores per year for a Senior Partner. Salary estimates are based on 1.1k McKinsey & Company salaries received from various employees of McKinsey & Company. McKinsey & Company employees rate the overall salary and benefits package 4.0/5 stars.
What is the highest salary in McKinsey & Company?
The highest-paying job at McKinsey & Company is a Senior Partner with a salary of ₹1.8 Crore to ₹3.5 Crores per year. The top 10% of employees earn more than ₹51.07 lakhs per year. The top 1% earn more than a whopping ₹120 lakhs per year.
What is the minimum salary in McKinsey & Company?
Minimum salary at McKinsey & Company depends on the role you are applying for. For Business Presentation Specialist the minimum salary is ₹2.9 Lakhs to ₹10 Lakhs per year, and for Executive Assistant the minimum salary is ₹3.3 Lakhs to ₹11.4 Lakhs per year and so on.
What is the salary package for freshers in McKinsey & Company?
The average salary at McKinsey & Company for freshers varies from ₹1.8 Lakh to ₹2.7 Lakhs per year for Assistant Process Associate and ₹25 Lakhs to ₹42 Lakhs per year for Junior Associate.
What is the notice period at McKinsey & Company in Chennai?
According to AmbitionBox, 72% of the McKinsey & Company employees in Chennai reported a notice period of 2 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 574 responses on AmbitionBox in last 2 years.

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Average annual salary in McKinsey & Company , Chennai is INRunlock blur . Salary estimates are based on 1.1k McKinsey & Company latest salaries received from various employees of McKinsey & Company.

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