McKinsey & Company Software Development Engineer II Salaries by 7 Employees (Updated 2025)

3 - 5 years exp.

₹20 Lakhs - ₹32 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹23 Lakhs

Variable (9%)

₹2.3 Lakhs

6% less than the average Software Development Engineer II Salary in Management Consulting Companies for 3 - 5 years of experience

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Last Updated: 19 Feb 2025

Companies similar to McKinsey & Company for Software Development Engineer II

Company name	Avg Annual Salary	Open Jobs
Deloitte Software Development Engineer II Salary 2 - 6 years exp. (10 salaries)	₹13 L/yr - ₹24.3 L/yr 29% less
Accenture Software Development Engineer II Salary 2 - 6 years exp. (29 salaries)	₹6 L/yr - ₹20 L/yr 41% less
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Ernst & Young Software Development Engineer II Salary 1 - 6 years exp. (4 salaries)	₹8 L/yr - ₹75 L/yr 29% more
IBM Software Development Engineer II Salary 3 - 8 years exp. (13 salaries)	₹18 L/yr - ₹33 L/yr 1% more
Capgemini Software Development Engineer II Salary 2 - 4 years exp. (6 salaries)	₹7.4 L/yr - ₹18 L/yr 53% less
TCS Software Development Engineer II Salary 0 - 6 years exp. (12 salaries)	₹7.5 L/yr - ₹21.2 L/yr 46% less
Blackrock Software Development Engineer II Salary 3 - 8 years exp. (6 salaries)	₹20 L/yr - ₹28 L/yr 3% less

Software Development Engineer II salary at McKinsey & Company ranges between ₹20 Lakhs to ₹32 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Software Development Engineer II salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹20 L/yr - ₹21.9 L/yr
4 years (3 salaries)	₹21.9 L/yr - ₹27 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹32 L/yr

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Salary related reviews for McKinsey & Company

Junior Associate in Mumbai

Full Time

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1.0

• posted on 09 Jun 2024

5.0

for Salary and Benefits

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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

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• posted on 26 Mar 2024

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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

Financial Associate in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

...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.

Salary - Good

+6 more

Dislikes

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

Business Presentation Specialist in Bangalore / Bengaluru

Full Time

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• posted on 07 Jan 2023

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Likes

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

Salary - Poor

+4 more

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• posted on 18 Feb 2022

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Likes

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Skill development - Good

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Salary - Poor

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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McKinsey & Company Software Development Engineer II Salary FAQs

What is the salary of Software Development Engineer II at McKinsey & Company?

Software Development Engineer II salary at McKinsey & Company in India ranges between ₹20.0 Lakhs to ₹32.0 Lakhs for experience between 3 years to 5 years. According to our estimates it is 6% less than the average Software Development Engineer II Salary in India. Salary estimates are based on 7 latest salaries received from various employees of McKinsey & Company India.

How does the salary of a Software Development Engineer II at McKinsey & Company India compare with the average salary range for this job?

The average salary of a Software Development Engineer II at McKinsey & Company is 6% less than the average salary of a Software Development Engineer II in India. To know exact salary insights, login to view.

Which similar companies are paying more than McKinsey & Company to a Software Development Engineer II in India?

Ernst & Young Software Development Engineer II Salary - ₹8.0 Lakhs to ₹75.0 Lakhs per year
IBM Software Development Engineer II Salary - ₹18.0 Lakhs to ₹33.0 Lakhs per year

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

Blackrock Software Development Engineer II Salary - ₹20.0 Lakhs to ₹28.0 Lakhs per year
Deloitte Software Development Engineer II Salary - ₹13.0 Lakhs to ₹24.3 Lakhs per year
Accenture Software Development Engineer II Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
TCS Software Development Engineer II Salary - ₹7.5 Lakhs to ₹21.2 Lakhs per year
Capgemini Software Development Engineer II Salary - ₹7.4 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Software Development Engineer II at McKinsey & Company ranges between ₹1,60,186 per month to ₹1,66,292 per month in India. The take-home salary calculation is based on the average McKinsey & Company Software Development Engineer II salary in India which ranges between ₹20.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Development Engineer II at McKinsey & Company?

According to AmbitionBox, 100% of the McKinsey & Company Software Development Engineer IIs reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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McKinsey & Company Software Development Engineer II Salaries

McKinsey & Company Software Development Engineer II salary in India ranges between ₹20 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 McKinsey & Company latest salaries received from various employees of McKinsey & Company.