McKinsey & Company Chennai Team Lead Salaries by 20+ Employees

6 - 18 years exp.

₹5.5 Lakhs - ₹18 Lakhs

Salary of majority employees

Fixed (86%)

₹9.6 Lakhs

Variable (14%)

₹1.6 Lakh

23% more than the average Team Lead Salary in Management Consulting Companies for 6 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations Team Lead Salary 6 - 18 years exp. (11 salaries)	₹5.5 L/yr - ₹14.2 L/yr
Finance & Accounting Team Lead Salary 8 - 15 years exp. (6 salaries)	₹8 L/yr - ₹12 L/yr
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Engineering - Software & QA Team Lead Salary 6 - 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.8 L/yr
UX, Design & Architecture Team Lead Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹18 L/yr

Last Updated: 9 Dec 2024

Companies similar to McKinsey & Company for Team Lead in Chennai

McKinsey & Company Team Lead Salary

6 - 18 years exp. (23 salaries)

₹5.5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Ernst & Young Team Lead Salary 5 - 12 years exp. (31 salaries)	₹5.7 L/yr - ₹18 L/yr At par
Deloitte Team Lead Salary 4 - 10 years exp. (11 salaries)	₹8.8 L/yr - ₹27.8 L/yr 55% more
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Frost & Sullivan Team Lead Salary 8 - 13 years exp. (9 salaries)	₹5.3 L/yr - ₹8.5 L/yr 36% less
KPMG India Team Lead Salary 6 - 12 years exp. (8 salaries)	₹7 L/yr - ₹12.7 L/yr 1% less
Omnex Team Lead Salary 7 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 41% less

Team Lead salary at McKinsey & Company ranges between ₹5.5 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 23 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Team Lead salaries in Chennai

Last Updated: 9 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
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8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
10 years (4 salaries)	₹5.5 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
12 years (4 salaries)	₹5.5 L/yr - ₹14.2 L/yr
13 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
15+ years (6 salaries)	₹9.1 L/yr - ₹14 L/yr

View all

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Top skills at McKinsey & Company for Team Lead

Team Leading US Payroll Payroll Processing Process Excellence Bonus Compensation W2 Team Handling People Management Capacity Planning Stakeholder Management Project Management SLA Management Continuous Improvement Performance Management

Salary related reviews for McKinsey & Company

5.0

Rated by 2 employees for salary & benefits

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

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

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2023

2.0

for Salary and Benefits

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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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McKinsey & Company Team Lead Salary FAQs

What is the salary of Team Lead at McKinsey & Company in Chennai?

The average salary of a Team Lead at McKinsey & Company in Chennai typically ranges from ₹5.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Team Lead in Chennai at McKinsey & Company earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Team 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 20+ McKinsey & Company employees in India.

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

The estimated take-home salary of a Team Lead at McKinsey & Company in Chennai typically ranges from ₹80,257 to ₹82,347 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 6 years to 18 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 20+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Team Lead at McKinsey & Company in Chennai?

To be a Team Lead at McKinsey & Company in Chennai, the key skills required include:

- Team Leading
- US Payroll
- Payroll Processing
- Process Excellence
- Bonus

These skills are highly valued at McKinsey & Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than McKinsey & Company for Team Lead in India?

Deloitte

₹8.8 Lakhs to ₹27.8 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 Team Lead in companies similar to McKinsey & Company in Chennai?

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

Ernst & Young	₹5.7 Lakhs to ₹18.0 Lakhs per year
KPMG India	₹7.0 Lakhs to ₹12.7 Lakhs per year
Frost & Sullivan	₹5.3 Lakhs to ₹8.5 Lakhs per year
Omnex	₹6.5 Lakhs to ₹7.0 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 Team Lead at McKinsey & Company in Chennai?

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

Experience	Average Salary Range
6 years	₹9.6 Lakhs to ₹12.2 Lakhs per year
7 years	₹9.7 Lakhs to ₹12.4 Lakhs per year
8 years	₹9.8 Lakhs to ₹12.5 Lakhs per year
9 years	₹9.9 Lakhs to ₹12.6 Lakhs per year

and so on.

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McKinsey & Company Team Lead Salaries in Chennai

McKinsey & Company Team Lead salary in Chennai ranges between ₹5.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 McKinsey & Company latest salaries received from various employees of McKinsey & Company.