McKinsey & Company Principal Engineer Salaries by 5 Employees

7 - 18 years exp.

₹55 Lakhs - ₹65 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹55.3 Lakhs

Variable (9%)

₹5.5 Lakhs

92% more than the average Principal Engineer Salary in Management Consulting Companies for 7 - 18 years of experience

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Last Updated: 23 Sep 2024

Companies similar to McKinsey & Company for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
WSP Principal Engineer Salary 11 - 18 years exp. (71 salaries)	₹15.9 L/yr - ₹36 L/yr 57% less	26 job openings
Mercer Principal Engineer Salary 5 - 9 years exp. (34 salaries)	₹9.5 L/yr - ₹22.6 L/yr 75% less	1 job opening
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Mott MacDonald Principal Engineer Salary 11 - 18 years exp. (19 salaries)	₹18.8 L/yr - ₹35 L/yr 55% less
Deloitte Principal Engineer Salary 2 - 15 years exp. (7 salaries)	₹11.7 L/yr - ₹30 L/yr 63% less
HARMAN Principal Engineer Salary 9 - 15 years exp. (468 salaries)	₹17 L/yr - ₹51.1 L/yr 43% less	9 job openings

Principal Engineer salary at McKinsey & Company ranges between ₹55 Lakhs to ₹65 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Principal Engineer salaries

Last Updated: 23 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹65 L/yr - ₹65 L/yr
8 years (AmbitionBox Estimate)	₹61.5 L/yr - ₹68 L/yr
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9 years (AmbitionBox Estimate)	₹60.7 L/yr - ₹67.1 L/yr
10 years (AmbitionBox Estimate)	₹59.9 L/yr - ₹66.2 L/yr
11 years (AmbitionBox Estimate)	₹59.1 L/yr - ₹65.3 L/yr
12 years (AmbitionBox Estimate)	₹60 L/yr - ₹65 L/yr
13 years (AmbitionBox Estimate)	₹57.4 L/yr - ₹63.5 L/yr
14 years (AmbitionBox Estimate)	₹56.6 L/yr - ₹62.5 L/yr
15+ years (AmbitionBox Estimate)	₹55 L/yr - ₹1 Cr/yr

View all

Similar Designation salaries in McKinsey & Company

Senior Engineer Salary

(19 salaries)

₹18 L/yr - ₹50.6 L/yr

Lead Engineer Salary

(3 salaries)

₹23.2 L/yr - ₹36.2 L/yr

Principal Software Engineer Salary

(3 salaries)

₹50 L/yr - ₹96 L/yr

Principal Consultant Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

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₹10 L/yr - ₹32 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

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₹21 L/yr - ₹70.5 L/yr

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₹35 L/yr - ₹93 L/yr

Senior Software Engineer Salary

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₹20.69 L/yr - ₹42 L/yr

Technical Lead Salary

(5 salaries)

₹25 L/yr - ₹40 L/yr

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McKinsey & Company Principal Engineer Salary FAQs

What is the salary of Principal Engineer at McKinsey & Company ?

The average salary of a Principal Engineer at McKinsey & Company in India typically ranges from ₹55.0 Lakhs to ₹65.0 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Principal Engineer at McKinsey & Company earn more than ₹65.0 Lakhs per year, and the top 1% earn over ₹65.0 Lakhs per year. Principal Engineer 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 5 McKinsey & Company employees in India.

What is the estimated take home salary of a Principal Engineer at McKinsey & Company in India?

The estimated take-home salary of a Principal Engineer at McKinsey & Company in India typically ranges from ₹3,38,457 to ₹3,50,736 per month. This is based on the average salary range of ₹55.0 Lakhs to ₹65.0 Lakhs per year for employees with experience ranging from 7 years to 18 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 5 salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Principal Engineer in companies similar to McKinsey & Company in India?

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

HARMAN	₹17.0 Lakhs to ₹51.1 Lakhs per year
Mott MacDonald	₹18.8 Lakhs to ₹35.0 Lakhs per year
WSP	₹15.9 Lakhs to ₹36.0 Lakhs per year
Deloitte	₹11.7 Lakhs to ₹30.0 Lakhs per year
Mercer	₹9.5 Lakhs to ₹22.6 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 Principal Engineer at McKinsey & Company in India?

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

Experience	Average Salary Range
7 years	₹65.0 Lakhs to ₹65.0 Lakhs per year
8 years	₹61.5 Lakhs to ₹68.0 Lakhs per year
9 years	₹60.7 Lakhs to ₹67.1 Lakhs per year
10 years	₹59.9 Lakhs to ₹66.2 Lakhs per year

and so on.

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McKinsey & Company Principal Engineer Salaries

McKinsey & Company Principal Engineer salary in India ranges between ₹55 Lakhs to ₹65 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 McKinsey & Company latest salaries received from various employees of McKinsey & Company.