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McKinsey & Company Product Design Lead salaries in India

Annual salary range
8 - 15 years exp.
₹34.8 Lakhs - ₹47 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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159% more than the average Product Design Lead Salary in Management Consulting Companies for 8 - 15 years of experience

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Salaries in different departments

Product Management
Product Design Lead Salary
8 - 11 years exp. (AmbitionBox Estimate)
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₹33.3 L/yr - ₹40.7 L/yr

UX, Design & Architecture
Product Design Lead Salary
10 years exp. (AmbitionBox Estimate)
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₹31.3 L/yr - ₹38.3 L/yr

Consulting
Product Design Lead Salary
15 years exp. (AmbitionBox Estimate)
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₹42.3 L/yr - ₹51.7 L/yr

Last Updated: 15 Mar 2024

Companies similar to McKinsey & Company for Product Design Lead

Company name Avg Annual Salary Open Jobs
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Faurecia Product Design Lead Salary

8 - 14 years exp. (21 salaries)

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₹11.2 L/yr - ₹16.8 L/yr

arrow icon 62% less
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Emerson Electric Co. Product Design Lead Salary

13 - 15 years exp. (5 salaries)

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₹16.8 L/yr - ₹25 L/yr

arrow icon 47% less
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Hinduja Tech Product Design Lead Salary

10 - 13 years exp. (4 salaries)

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₹6.8 L/yr - ₹8.6 L/yr

arrow icon 81% less
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John Deere Product Design Lead Salary

5 - 8 years exp. (4 salaries)

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₹15.5 L/yr - ₹23.5 L/yr

arrow icon 50% less
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Whirlpool Product Design Lead Salary

10 - 15 years exp. (4 salaries)

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₹14.7 L/yr - ₹18.6 L/yr

arrow icon 55% less
Product Design Lead salary at McKinsey & Company ranges between ₹34.8 Lakhs to ₹47 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Product Design Lead

9mo ago
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11 years exp.
1y ago
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15 years exp.
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8 years exp.
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10 years exp.

Experience wise McKinsey & Company Product Design Lead salaries

Last Updated: 15 Mar 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹33.3 L/yr - ₹42.6 L/yr
10 years (AmbitionBox Estimate)

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₹31.3 L/yr - ₹40 L/yr
11 years (AmbitionBox Estimate)

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₹33.3 L/yr - ₹42.6 L/yr
15+ years (AmbitionBox Estimate)

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₹42.3 L/yr - ₹54.1 L/yr

Similar Designation salaries in McKinsey & Company

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₹31 L/yr - ₹37 L/yr
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₹4.2 L/yr - ₹7.5 L/yr
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₹3.6 L/yr - ₹12 L/yr
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₹25 L/yr - ₹35 L/yr
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₹10 L/yr - ₹28 L/yr
UI Developer Salary
(AmbitionBox Estimate)
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₹16.1 L/yr - ₹20.6 L/yr
Freelancer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹6.75 L/yr - ₹32 L/yr
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₹2.6 L/yr - ₹3 L/yr
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₹11 L/yr - ₹32 L/yr

Salary related reviews for McKinsey & Company

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Rated by 1 employees for salary & benefits

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1.0
  •  posted on 09 Jun 2024

5.0
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Good salary and benefits, specifically for the consulting path

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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.

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5.0
  •  posted on 24 Aug 2023

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

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2.0
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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

read more
  • Salary - Poor
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5.0
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We do have job security and opportunities to learn

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

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McKinsey & Company Product Design Lead Salary FAQs

What is the salary of Product Design Lead at McKinsey & Company ?
The average salary of a Product Design Lead at McKinsey & Company in India typically ranges from ₹34.8 Lakhs to ₹47.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Product Design Lead at McKinsey & Company earn more than ₹47.0 Lakhs per year, and the top 1% earn over ₹47.0 Lakhs per year. Product Design Lead 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 Product Design Lead at McKinsey & Company in India?
The estimated take-home salary of a Product Design Lead at McKinsey & Company in India typically ranges from ₹2,32,787 to ₹2,42,175 per month. This is based on the average salary range of ₹34.8 Lakhs to ₹47.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 is the salary of a Product Design Lead in companies similar to McKinsey & Company in India?
The salary of a Product Design Lead at companies similar to McKinsey & Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Emerson Electric Co. ₹16.8 Lakhs to ₹25.0 Lakhs per year
John Deere ₹15.5 Lakhs to ₹23.5 Lakhs per year
Whirlpool ₹14.7 Lakhs to ₹18.6 Lakhs per year
Faurecia ₹11.2 Lakhs to ₹16.8 Lakhs per year
Hinduja Tech ₹6.8 Lakhs to ₹8.6 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 Product Design Lead at McKinsey & Company in India?
The salary growth for a Product Design Lead at McKinsey & Company depends on factors such as experience, performance, and promotions. On average, a Product Design Lead can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
8 years ₹33.3 Lakhs to ₹42.6 Lakhs per year
10 years ₹31.3 Lakhs to ₹40.0 Lakhs per year
11 years ₹33.3 Lakhs to ₹42.6 Lakhs per year
15 years ₹42.3 Lakhs to ₹54.1 Lakhs per year
and so on.

Tell us how to improve this page.

McKinsey & Company Product Design Lead salary in India ranges between ₹34.8 Lakhs to ₹47 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 McKinsey & Company latest salaries received from various employees of McKinsey & Company.