McKinsey & Company Software Engineer Level 1 Salaries by 5 Employees (Updated 2025)

1 - 5 years exp.

₹17 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

95% more than the average Software Engineer Level 1 Salary in Management Consulting Companies for 1 - 5 years of experience

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Last Updated: 2 Jan 2025

Companies similar to McKinsey & Company for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
Deloitte Software Engineer Level 1 Salary 1 - 3 years exp. (58 salaries)	₹6 L/yr - ₹13 L/yr 52% less
Accenture Software Engineer Level 1 Salary 1 - 5 years exp. (23 salaries)	₹4.5 L/yr - ₹11.1 L/yr 67% less
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Ernst & Young Software Engineer Level 1 Salary 1 - 3 years exp. (4 salaries)	₹4.2 L/yr - ₹10 L/yr 66% less
IBM Software Engineer Level 1 Salary 0 - 4 years exp. (4 salaries)	₹5 L/yr - ₹11 L/yr 61% less
Capgemini Software Engineer Level 1 Salary 1 - 4 years exp. (33 salaries)	₹3 L/yr - ₹6.5 L/yr 78% less
TCS Software Engineer Level 1 Salary 0 - 5 years exp. (23 salaries)	₹2.5 L/yr - ₹8 L/yr 77% less
Blackrock Software Engineer Level 1 Salary 2 - 3 years exp. (5 salaries)	₹12 L/yr - ₹16.9 L/yr 29% less

Software Engineer Level 1 salary at McKinsey & Company ranges between ₹17 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Software Engineer Level 1 salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹17 L/yr - ₹17 L/yr
2 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹18 L/yr
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3 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹22 L/yr
5 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹38.6 L/yr

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Salary related reviews for McKinsey & Company

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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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2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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McKinsey & Company Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at McKinsey & Company?

Software Engineer Level 1 salary at McKinsey & Company in India ranges between ₹17.0 Lakhs to ₹22.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 95% more than the average Software Engineer Level 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of McKinsey & Company India.

How does the salary of a Software Engineer Level 1 at McKinsey & Company India compare with the average salary range for this job?

The average salary of a Software Engineer Level 1 at McKinsey & Company is 95% more than the average salary of a Software Engineer Level 1 in India. To know exact salary insights, login to view.

What is the salary of a Software Engineer Level 1 in companies similar to McKinsey & Company in India?

Blackrock Software Engineer Level 1 Salary - ₹12.0 Lakhs to ₹16.9 Lakhs per year
Deloitte Software Engineer Level 1 Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
IBM Software Engineer Level 1 Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Ernst & Young Software Engineer Level 1 Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
Accenture Software Engineer Level 1 Salary - ₹4.5 Lakhs to ₹11.1 Lakhs per year

What is the estimated take home salary of a Software Engineer Level 1 at McKinsey & Company in India?

The estimated take-home salary of a Software Engineer Level 1 at McKinsey & Company ranges between ₹1,27,033 per month to ₹1,31,226 per month in India. The take-home salary calculation is based on the average McKinsey & Company Software Engineer Level 1 salary in India which ranges between ₹17.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer Level 1 at McKinsey & Company?

According to AmbitionBox, 75% of the McKinsey & Company Software Engineer Level 1s reported a notice period of 2 Months, 25% 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 Engineer Level 1 Salaries

McKinsey & Company Software Engineer Level 1 salary in India ranges between ₹17 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 McKinsey & Company latest salaries received from various employees of McKinsey & Company.