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McKinsey & Company Process Associate salaries in India

Annual salary range
2 - 6 years exp.
₹2.5 Lakhs - ₹4.9 Lakhs
Salary of majority employees
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34% more than the average Process Associate Salary in Management Consulting Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Process Associate Salary
2 - 6 years exp. (52 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

Customer Success, Service & Operations
Process Associate Salary
2 - 5 years exp. (7 salaries)
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₹3.7 L/yr - ₹4.7 L/yr

BFSI, Investments & Trading
Process Associate Salary
2 - 3 years exp. (4 salaries)
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₹3.6 L/yr - ₹4.4 L/yr

Engineering - Hardware & Networks
Process Associate Salary
2 - 5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4.5 L/yr

Quality Assurance
Process Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.4 L/yr

Last Updated: 31 Oct 2024

Companies similar to McKinsey & Company for Process Associate

Company name Avg Annual Salary Open Jobs
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BCG Process Associate Salary

4 - 5 years exp. (4 salaries)

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₹4 L/yr - ₹7.7 L/yr

arrow icon 31% more
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Bain & Company Process Associate Salary

3 - 4 years exp. (3 salaries)

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₹5.3 L/yr - ₹16.6 L/yr

arrow icon 165% more
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Deloitte Process Associate Salary

2 - 5 years exp. (47 salaries)

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₹2.9 L/yr - ₹6.5 L/yr

arrow icon 4% more
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KPMG India Process Associate Salary

0 - 5 years exp. (14 salaries)

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₹5.7 L/yr - ₹19.9 L/yr

arrow icon 170% more
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PwC Process Associate Salary

0 - 5 years exp. (69 salaries)

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₹2.8 L/yr - ₹9.9 L/yr

arrow icon 36% more
3 job openings
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Ernst & Young Process Associate Salary

0 - 4 years exp. (35 salaries)

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₹2.6 L/yr - ₹6.4 L/yr

arrow icon 11% more
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Accenture Process Associate Salary

0 - 7 years exp. (5.9k salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 15% less
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Capgemini Process Associate Salary

0 - 6 years exp. (10.4k salaries)

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₹0.6 L/yr - ₹5.6 L/yr

arrow icon 27% less
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TCS Process Associate Salary

0 - 8 years exp. (16.4k salaries)

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₹1 L/yr - ₹6.6 L/yr

arrow icon 25% less
1 job opening
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Infosys Process Associate Salary

0 - 5 years exp. (334 salaries)

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₹1.3 L/yr - ₹7.1 L/yr

arrow icon 20% less
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Process Associate salary at McKinsey & Company ranges between ₹2.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 78 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Process Associate

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Experience wise McKinsey & Company Process Associate salaries

Last Updated: 31 Oct 2024

Experience Avg Annual Salary
2 years  (21 salaries)

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₹2.5 L/yr - ₹4.4 L/yr
3 years  (25 salaries)

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₹2.8 L/yr - ₹4.7 L/yr
4 years  (17 salaries)

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₹3.1 L/yr - ₹4.9 L/yr
5 years  (11 salaries)

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₹3.2 L/yr - ₹4.8 L/yr
6 years  (4 salaries)

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₹3.6 L/yr - ₹4.8 L/yr
McKinsey & Company Process Associate Salary and Career Growth

From

To

Process Associate

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2 - 6 years exp.

Cluster Leader

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6 - 11 years exp.

Process Associate 2 - 6 years exp.
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Senior Process Associate 4 - 9 years exp.
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arrow icon 32% hike
    Cluster Leader 6 - 11 years exp.
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    arrow icon 21% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in McKinsey & Company

    unlock blur Lock Unlock
    ₹22 L/yr - ₹76 L/yr
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    ₹3.55 L/yr - ₹7 L/yr
    Process Developer Salary
    (AmbitionBox Estimate)
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    ₹5.2 L/yr - ₹6.7 L/yr
    Audit Assistant Salary
    (AmbitionBox Estimate)
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    ₹13 L/yr - ₹37 L/yr
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    (AmbitionBox Estimate)
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    ₹49.4 L/yr - ₹54.6 L/yr
    Accountant Salary
    (4 salaries)
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    ₹2.4 L/yr - ₹18.87 L/yr
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    ₹9.9 L/yr - ₹35 L/yr
    Analyst Salary
    (237 salaries)
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    ₹17.42 L/yr - ₹28 L/yr

    Top skills at McKinsey & Company for Process Associate

    Accounts Payable Invoice Processing P2P Query Resolution Vendor Master VAT Expenses Ap Accounting Banking Invoicing MS Office Global Procurement
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    Salary related reviews for McKinsey & Company

    3.9

    Rated by 17 employees for salary & benefits

    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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    • Job security - Excellent
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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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    • Work satisfaction - Poor
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    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.

    read more
    • Salary - Poor
    • +2 more

    NA Department

    5.0
      •  posted on 29 Jul 2022

    5.0
     for  Salary and Benefits

    Likes

    ...on different studies with accomplished managers, partners has a profound impact. The salary is good. Additional benefits are best-in-class.

    read more
    • Salary - Excellent
    • +3 more

    Dislikes

    Up or out. You have to consistently perform, or you are looking at exit. Plus, you are not becoming an expert in any field, as in you may be consulting, but consulting and getting things done are two different things.

    read more

    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)

    read more
    • Job security - Bad
    • +4 more

    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.

    read more
    • Skill development - Bad
    • +5 more
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    McKinsey & Company Process Associate Salary FAQs

    What is the salary of Process Associate at McKinsey & Company?
    Process Associate salary at McKinsey & Company in India ranges between ₹2.5 Lakhs to ₹4.9 Lakhs for experience between 2 years to 6 years. According to our estimates it is 34% more than the average Process Associate Salary in India. Salary estimates are based on 78 latest salaries received from various employees of McKinsey & Company India.
    How does the salary of a Process Associate at McKinsey & Company India compare with the average salary range for this job?
    The average salary of a Process Associate at McKinsey & Company is 34% more than the average salary of a Process Associate in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Process Associate at McKinsey & Company?
    Accounts Payable, Invoice Processing, P2P, Query Resolution and Vendor Master are some of the popular skills required to work as a Process Associate at McKinsey & Company India.
    Which similar companies are paying more than McKinsey & Company to a Process Associate in India?
    • ZS Process Associate Salary - ₹15.2 Lakhs to ₹37.3 Lakhs per year
    • Blackrock Process Associate Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
    • KPMG India Process Associate Salary - ₹5.7 Lakhs to ₹19.9 Lakhs per year
    • Bain & Company Process Associate Salary - ₹5.3 Lakhs to ₹16.6 Lakhs per year
    • Gartner Process Associate Salary - ₹4.6 Lakhs to ₹13.0 Lakhs per year
    What is the salary of a Process Associate in companies similar to McKinsey & Company in India?
    • RSM US in India Process Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
    • PwC Process Associate Salary - ₹2.8 Lakhs to ₹9.9 Lakhs per year
    • BCG Process Associate Salary - ₹4.0 Lakhs to ₹7.7 Lakhs per year
    • Kearney Process Associate Salary - ₹5.1 Lakhs to ₹6.1 Lakhs per year
    • Huron Process Associate Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
    What is the estimated take home salary of a Process Associate at McKinsey & Company in India?
    The estimated take-home salary of a Process Associate at McKinsey & Company ranges between ₹31,374 per month to ₹32,667 per month in India. The take-home salary calculation is based on the average McKinsey & Company Process Associate salary in India which ranges between ₹2.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
    What is the notice period for Process Associate at McKinsey & Company?
    According to AmbitionBox, 69% of the McKinsey & Company Process Associates reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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    McKinsey & Company Process Associate salary in India ranges between ₹2.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 78 McKinsey & Company latest salaries received from various employees of McKinsey & Company.