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Updated April 6, 2021

How Much Does McKinsey & Company Inc Pay?
Employees at McKinsey & Company make, on average, $110,186 a year or $52.97 an hour. However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. While the highest-paid employees at McKinsey & Company can earn over $175,000 a year, the lowest-paid employees earn less than $69,000. Show More

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McKinsey & Company Inc Salaries By Job Title

While the average employee salary at McKinsey & Company is $110,186, there is a big variation in pay depending on the role. Some of the job titles with high salaries at McKinsey & Company are partner, expert, engagement manager, and management analyst. A worker with the title partner salary at McKinsey & Company can earn an average yearly salary of $324,445. Other roles at McKinsey & Company include recruiting coordinator and administrative assistant. A recruiting coordinator at McKinsey & Company earns an average yearly salary of $40,029.
Job Title

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McKinsey & Company Inc Salaries By Location

It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. Employees at McKinsey & Company earn different salaries depending on their region. The city with the highest average salary is Washington, DC, where employees earn an average salary of $136,529. In New York, NY, McKinsey & Company pays a lower average salary of $129,186.
1. Washington, DC
$136,529
Avg. Salary
$76k
$177k
2. New York, NY
$129,186
Avg. Salary
$76k
$177k
3. San Francisco, CA
$125,451
Avg. Salary
$76k
$177k
4. Seattle, WA
$124,451
Avg. Salary
$76k
$177k
5. Summit, NJ
$123,326
Avg. Salary
$76k
$177k
6. Stamford, CT
$122,373
Avg. Salary
$76k
$177k

McKinsey & Company Inc Salaries By Department

Salaries at McKinsey & Company can vary depending on the department or organizational function. For example, workers in the education function earn the highest salaries at McKinsey & Company, with average earnings of $156,662. The second-highest paying department is research & development, where employees earn an average salary of $114,327 per year. Departments that don't pay as well at McKinsey & Company include the human resources and marketing organizational functions, with employees earning $75,840 and $81,851, respectively.
1. Education
$156,662
Avg. Salary
$58k
$205k
2. Research & Development
$114,327
Avg. Salary
$58k
$205k
3. Legal
$111,758
Avg. Salary
$58k
$205k
4. IT
$108,729
Avg. Salary
$58k
$205k
5. Accounting
$107,366
Avg. Salary
$58k
$205k
6. Engineering
$102,749
Avg. Salary
$58k
$205k

McKinsey & Company Inc Marketing Salaries

$149,822
Avg. Salary
$45k
$162k
$115,094
Avg. Salary
$45k
$162k
$114,877
Avg. Salary
$45k
$162k
$98,820
Avg. Salary
$45k
$162k
$91,297
Avg. Salary
$45k
$162k
$76,051
Avg. Salary
$45k
$162k

McKinsey & Company Inc Research & Development Salaries

$151,495
Avg. Salary
$90k
$168k
$132,288
Avg. Salary
$90k
$168k
$99,588
Avg. Salary
$90k
$168k

McKinsey & Company Inc Administrative Salaries

$141,729
Avg. Salary
$37k
$156k
$115,757
Avg. Salary
$37k
$156k
$103,059
Avg. Salary
$37k
$156k
$92,428
Avg. Salary
$37k
$156k
$88,534
Avg. Salary
$37k
$156k
$57,611
Avg. Salary
$37k
$156k

McKinsey & Company Inc Competitor Salaries

Based on our research, similar companies to McKinsey & Company are Bain & Company, Boston Consulting Group, and L.E.K. Consulting. Employees at Bain & Company earn more than most of the competition, with an average yearly salary of $110,648. The employees at Boston Consulting Group earn an average yearly salary of $109,487 per year, and the salaries at L.E.K. Consulting average $105,721 per year.
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McKinsey & Company Inc Jobs