McKinsey & Company Senior Product Designer Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹25 Lakhs - ₹35 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

27% more than the average Senior Product Designer Salary in Management Consulting Companies for 6 - 8 years of experience

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Last Updated: 26 Feb 2025

Companies similar to McKinsey & Company for Senior Product Designer

Company name	Avg Annual Salary	Open Jobs
Deloitte Senior Product Designer Salary 3 - 8 years exp. (5 salaries)	₹9.8 L/yr - ₹15 L/yr 58% less
Mercer Senior Product Designer Salary 4 - 6 years exp. (3 salaries)	₹16 L/yr - ₹18.6 L/yr 42% less
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Ernst & Young Senior Product Designer Salary 5 - 6 years exp. (3 salaries)	₹21 L/yr - ₹21.4 L/yr 29% less
Gartner Senior Product Designer Salary 5 - 7 years exp. (3 salaries)	₹30 L/yr - ₹33 L/yr 4% more
CARS24 Senior Product Designer Salary 3 - 6 years exp. (13 salaries)	₹24 L/yr - ₹40 L/yr 1% less	1 job opening

Senior Product Designer salary at McKinsey & Company ranges between ₹25 Lakhs to ₹35 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Senior Product Designer salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.6 L/yr
7 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
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8 years (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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McKinsey & Company Senior Product Designer Salary FAQs

What is the salary of Senior Product Designer at McKinsey & Company ?

The average salary of a Senior Product Designer at McKinsey & Company in India typically ranges from ₹25.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Senior Product Designer at McKinsey & Company earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Senior Product Designer 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 Senior Product Designer at McKinsey & Company in India?

The estimated take-home salary of a Senior Product Designer at McKinsey & Company in India typically ranges from ₹1,83,736 to ₹1,90,907 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 6 years to 8 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.

Which companies offer higher salaries than McKinsey & Company for Senior Product Designer in India?

Gartner

₹30.0 Lakhs to ₹33.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by McKinsey & Company, depending on the role and experience level.

What is the salary of a Senior Product Designer in companies similar to McKinsey & Company in India?

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

CARS24	₹24.0 Lakhs to ₹40.0 Lakhs per year
Ernst & Young	₹21.0 Lakhs to ₹21.4 Lakhs per year
Mercer	₹16.0 Lakhs to ₹18.6 Lakhs per year
Deloitte	₹9.8 Lakhs to ₹15.0 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 Senior Product Designer at McKinsey & Company in India?

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

Experience	Average Salary Range
6 years	₹24.8 Lakhs to ₹31.6 Lakhs per year
7 years	₹26.1 Lakhs to ₹33.3 Lakhs per year
8 years	₹31.5 Lakhs to ₹40.2 Lakhs per year

and so on.

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McKinsey & Company Senior Product Designer Salaries

McKinsey & Company Senior Product Designer salary in India ranges between ₹25 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 McKinsey & Company latest salaries received from various employees of McKinsey & Company.