McKinsey & Company Chennai Process Associate Salaries by 50+ Employees

2 - 6 years exp.

₹2.5 Lakhs - ₹4.9 Lakhs

Salary of majority employees

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35% 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. (39 salaries)	Unlock ₹2.5 L/yr - ₹4.8 L/yr
Customer Success, Service & Operations Process Associate Salary 2 - 5 years exp. (7 salaries)	Unlock ₹3.7 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Process Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.6 L/yr
Engineering - Hardware & Networks Process Associate Salary 2 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹4.5 L/yr
Quality Assurance Process Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹4.4 L/yr

Last Updated: 31 Oct 2024

Companies similar to McKinsey & Company for Process Associate in Chennai

McKinsey & Company Process Associate Salary

2 - 6 years exp. (59 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Process Associate Salary 0 - 8 years exp. (1.5k salaries)	Unlock ₹1 L/yr - ₹7.8 L/yr 20% less
Capgemini Process Associate Salary 0 - 6 years exp. (1.8k salaries)	Unlock ₹1 L/yr - ₹5.9 L/yr 26% less
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TCS Process Associate Salary 0 - 9 years exp. (4.2k salaries)	Unlock ₹1.1 L/yr - ₹6 L/yr 24% less
Infosys Process Associate Salary 0 - 4 years exp. (64 salaries)	Unlock ₹1.8 L/yr - ₹6.2 L/yr 17% less
IBM Process Associate Salary 0 - 4 years exp. (46 salaries)	Unlock ₹1.7 L/yr - ₹4.8 L/yr 21% less	21 job openings

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 59 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Process Associate in Chennai

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Experience wise McKinsey & Company Process Associate salaries in Chennai

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
2 years (14 salaries)	Unlock ₹2.5 L/yr - ₹4.3 L/yr
3 years (17 salaries)	Unlock ₹2.8 L/yr - ₹4.7 L/yr
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4 years (14 salaries)	Unlock ₹3.1 L/yr - ₹4.9 L/yr
5 years (10 salaries)	Unlock ₹3.2 L/yr - ₹4.8 L/yr
6 years (4 salaries)	Unlock ₹3.6 L/yr - ₹4.8 L/yr

From

Process Associate

₹

Lakhs/yr

2 - 6 years exp.

Cluster Leader

₹

Lakhs/yr

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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32% hike

Cluster Leader 6 - 11 years exp.

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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

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(42 salaries)

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₹3.55 L/yr - ₹7 L/yr

Analyst Salary

(26 salaries)

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₹12.96 L/yr - ₹19.45 L/yr

Senior Analyst Salary

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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

Salary related reviews for McKinsey & Company

3.9

Rated by 16 employees for salary & benefits

Process Associate in Chennai

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

Job security - Excellent

+1 more

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.

Work satisfaction - Poor

+1 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

Analyst in Gurgaon / Gurugram

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.

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.

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

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McKinsey & Company Process Associate Salary FAQs

What is the salary of Process Associate at McKinsey & Company Chennai?

Process Associate salary at McKinsey & Company in Chennai ranges between ₹2.5 Lakhs to ₹4.9 Lakhs for experience between 2 years to 6 years. According to our estimates it is 35% more than the average Process Associate Salary in India. Salary estimates are based on 59 latest salaries received from various employees of McKinsey & Company Chennai.

How does the salary of a Process Associate at McKinsey & Company Chennai compare with the average salary range for this job?

The average salary of a Process Associate at McKinsey & Company is 35% more than the average salary of a Process Associate in Chennai. 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 Chennai.

What is the salary of a Process Associate in companies similar to McKinsey & Company in Chennai?

Infosys Process Associate Salary - ₹1.8 Lakhs to ₹6.2 Lakhs per year
Accenture Process Associate Salary - ₹1.0 Lakhs to ₹7.8 Lakhs per year
IBM Process Associate Salary - ₹1.7 Lakhs to ₹4.8 Lakhs per year
TCS Process Associate Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
Capgemini Process Associate Salary - ₹1.0 Lakhs to ₹5.9 Lakhs per year

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

The estimated take-home salary of a Process Associate at McKinsey & Company ranges between ₹30,799 per month to ₹32,101 per month in Chennai. 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 in Chennai?

According to AmbitionBox, 62% of the McKinsey & Company Process Associates in Chennai reported a notice period of 2 Months, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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McKinsey & Company Process Associate Salaries in Chennai

McKinsey & Company Process Associate salary in Chennai ranges between ₹2.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 59 McKinsey & Company latest salaries received from various employees of McKinsey & Company.