McKinsey & Company Inc Salaries

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Updated August 22, 2022

McKinsey & Company Inc Salary Estimate

$127,073

$61.09 hourly
Entry level Salary
$78,000 yearly

How Much Does McKinsey & Company Inc Pay?

McKinsey & Company Inc pays $127,073 a year, on average, or $61.09 an hour. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. McKinsey & Company Inc pays the highest-paid employees over $205,000 a year, while the lowest-paid employees are paid less than $78,000. McKinsey & Company Inc employees in different jobs earn different salaries. In legal jobs, employees earn an average salary of $191,501. In education jobs, the average pay is $133,947. In terms of geography, McKinsey & Company Inc pays the most to people working in New York, NY, San Francisco, CA, and Washington, DC.

Highest Paying Jobs At McKinsey & Company Inc

While McKinsey & Company Inc employees earn an average yearly salary of $127,073, different roles can command different wages. The higher paying positions at McKinsey & Company Inc include partner, expert, engagement manager, and software architect. A typical partner salary at McKinsey & Company Inc is $291,132 per year. Other roles at McKinsey & Company Inc include administrative assistant and human resources coordinator. A administrative assistant at McKinsey & Company Inc earns an average yearly salary of $48,743.

Highest Paying Jobs At McKinsey & Company Inc

RankJob TitleAverage McKinsey & Company Inc SalaryHourly Rate
1Partner$291,132$139.97
2Expert$181,680$87.35
3Engagement Manager$168,829$81.17
4Software Architect$159,037$76.46
5Associate$155,756$74.88
6Specialist$152,793$73.46
7Operations Research Analyst$141,584$68.07
8Senior Research Fellow$125,169$60.18
9Project Manager$122,215$58.76
10Data Engineer$120,919$58.13
11Requirements Engineer$98,864$47.53
12Senior Data Analyst-$98,285$47.25
13Consultant$94,468$45.42
14Business Analyst$83,671$40.23
15Coach$79,391$38.17
16Executive Assistant$78,348$37.67
17Recruiter$77,544$37.28
18Internship$62,787$30.19
19Human Resources Coordinator$60,929$29.29
20Administrative Assistant$48,744$23.43

Highest Paying McKinsey & Company Inc Competitor Salaries

Based on our research, similar companies to McKinsey & Company Inc are A.T. Kearney, Oliver Wyman, and Boston Consulting Group. Employees at A.T. Kearney earn more than most of the competition, with an average yearly salary of $116,596. The employees at Oliver Wyman earn an average yearly salary of $113,152 per year, and the salaries at Boston Consulting Group average $107,566 per year.

Salaries By McKinsey & Company Inc Competitors

RankCompany NameZippia ScoreAverage Salary
1A.T. Kearney4.9$116,596
2Oliver Wyman4.9$113,152
3Boston Consulting Group4.9$107,566
4ZS4.9$105,739
5Ernst & Young4.9$97,261
6Fractal4.2$96,722
7Jefferson Wells USA3.9$94,409
8Booz Allen Hamilton4.9$94,001
9Deloitte4.9$91,919
10Pwc4.9$89,367
11Bain & Company4.9$89,339
12Accenture4.8$85,479
13Sherpa4.3$77,410
14KPMG LLP4.8$72,242
15Spencer Stuart4.8$71,780
16Morgan Consulting Resources3.4$68,071
17Compete4.2$65,707
18Evans Consulting3.8$63,398
19Performance Development Group3.9$61,480
20Campbell Alliance4.2$61,084

Average Pay By State For McKinsey & Company Inc

RankStateAverage McKinsey & Company Inc SalaryHourly Rate
1New York$140,506$67.55
2District of Columbia$138,226$66.45
3California$136,819$65.78
4Washington$134,771$64.79
5Massachusetts$132,176$63.55
6New Jersey$131,402$63.17
7Connecticut$129,493$62.26
8Illinois$125,476$60.33
9Colorado$123,194$59.23
10Minnesota$121,736$58.53
11Texas$119,959$57.67
12North Carolina$119,612$57.51
13Pennsylvania$117,828$56.65
14Michigan$117,747$56.61
15Ohio$116,489$56.00
16Georgia$114,897$55.24
17Missouri$114,699$55.14
18Florida$108,000$51.92

How Much Does McKinsey & Company Inc Pay 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 Inc earn different salaries depending on their region. Our data shows that McKinsey & Company Inc employees in New York, NY get paid the most, where the average yearly pay is $140,938. McKinsey & Company Inc Employees in San Francisco, CA don't earn quite as much. The median salary in San Francisco, CA is $139,957.

Salaries By Location At McKinsey & Company Inc

RankLocationAverage McKinsey & Company Inc SalaryHourly Rate
1New York, NY$140,938$67.76
2San Francisco, CA$139,957$67.29
3Washington, DC$138,684$66.68
4Seattle, WA$135,053$64.93
5Waltham, MA$132,438$63.67
6Summit, NJ$131,689$63.31
7Stamford, CT$129,553$62.29
8Chicago, IL$125,739$60.45
9Denver, CO$123,316$59.29
10Minneapolis, MN$121,850$58.58
11Charlotte, NC$119,465$57.44
12Houston, TX$119,254$57.33
13Detroit, MI$117,793$56.63
14Pittsburgh, PA$117,522$56.50
15Cleveland, OH$117,352$56.42
16Atlanta, GA$115,100$55.34
17Saint Louis, MO$114,893$55.24
18Miami, FL$106,659$51.28

McKinsey & Company Inc Salaries By Department

Salaries at McKinsey & Company Inc can vary depending on the department or organizational function. Based on our analysis, the employees in legal earn salaries at McKinsey & Company Inc that are well above average, with yearly earnings averaging $191,501. The education organizational function also pays relatively high compared to other departments, where employees earn $133,947. Departments that don't pay as well at McKinsey & Company Inc include the human resources and administrative organizational functions, with employees earning $76,909 and $81,231, respectively.

Salaries By Department At McKinsey & Company Inc

RankDepartmentAverage McKinsey & Company Inc SalaryHourly Rate
1Legal$191,501$92.07
2Education$133,947$64.40
3IT$122,265$58.78
4Engineering$119,202$57.31
5Research & Development$103,431$49.73
6Finance$95,769$46.04
7Art/Design$89,975$43.26
8Marketing$88,992$42.78
9Administrative$81,232$39.05
10Human Resources$76,910$36.98
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How Much Does McKinsey & Company Inc Pay by Department?

Best Paying McKinsey & Company Inc Marketing Position Salaries

RankPositionAverage McKinsey & Company Inc SalaryHourly Rate
1Requirements Manager$168,100$80.82
2Product Lead$162,306$78.03
3Product Manager$152,223$73.18
4Digital Specialist$131,490$63.22
5Communications Specialist$98,820$47.51
6Digital Analyst$93,174$44.80
7Business Analyst$83,671$40.23
8Communications Coordinator$66,297$31.87
9Event Coordinator$60,525$29.10

Best Paying McKinsey & Company Inc Engineering Position Salaries

RankPositionAverage McKinsey & Company Inc SalaryHourly Rate
1Engineering Director$191,580$92.11
2Web Development Consultant$180,376$86.72
3Senior Leader$175,408$84.33
4Software Architect$159,037$76.46
5Project Manager & Leader$153,176$73.64
6Senior Project Manager$150,179$72.20
7Engineering Specialist$144,895$69.66
8Knowledge Management Specialist$141,922$68.23
9Technology Architect$127,216$61.16
10Data Engineer$120,919$58.13
11Oracle Database Administrator$117,160$56.33
12Oracle Functional Consultant$105,652$50.79
13Developer$100,653$48.39
14Requirements Engineer$98,864$47.53
15Data Analyst$92,145$44.30
16Solutions Analyst$91,777$44.12

Best Paying McKinsey & Company Inc Finance Position Salaries

RankPositionAverage McKinsey & Company Inc SalaryHourly Rate
1Economist$157,656$75.80
2Contracts Manager$153,992$74.03
3Finance Leader$153,852$73.97
4Equity Research Internship$150,685$72.44
5Risk Manager$150,499$72.36
6Actuary$134,486$64.66
7At-Risk Specialist$115,059$55.32
8Finance Specialist$104,860$50.41
9Consultant$94,468$45.42
10Senior Analyst$93,533$44.97
11Solutions Analyst$91,777$44.12

Frequently Asked Questions About McKinsey & Company Inc Salaries

Is The Pay Good At Mckinsey & Company Inc?

Yes, the pay is good at McKinsey & Company Inc. Compared to the industry average of $86,136 per year, the average annual salary at McKinsey & Company Inc is $127,073, which is 47.53% higher.

What Is The Starting Pay At Mckinsey & Company Inc?

The starting pay at McKinsey & Company Inc is $78,000 per year, or $37.50 per hour.

How Much Does Mckinsey & Company Inc Pay Compared To Boston Consulting Group?

McKinsey & Company Inc pays $127,073 per year on average compared to Boston Consulting Group which pays $107,566. That works out to $61.09 per hour at McKinsey & Company Inc, compared to $51.71 per hour at Boston Consulting Group.

How Much Does Mckinsey & Company Inc Pay An Hour?

McKinsey & Company Inc pays $61.09 an hour, on average.
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Updated August 22, 2022

Zippia gives an in-depth look into the details of McKinsey & Company Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about McKinsey & Company Inc. The employee data is based on information from people who have self-reported their past or current employments at McKinsey & Company Inc. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by McKinsey & Company Inc. The data presented on this page does not represent the view of McKinsey & Company Inc and its employees or that of Zippia.