McKinsey Salary: Top Consulting Salaries

STORE

McKinsey & Company, one of the most desired company to work for! Challenging day-to-day work, exposure opportunities, excellent learning culture, and amazing exit options are among the reasons for its prestigious status.

How about Salary at McKinsey? Let’s find out!

McKinsey & Company Salary

No	Location	Level
		Business Analyst	Associate	Engagement Manager	Associate Principle / Associate Partner	Partner
1	US	Base: $83,000 Performance Bonus: Up to $18,000 Total cash: up to $101,000 Signing Bonus: $5,000 Relocation: $2-10,000 Retirement: 7% of annual compensation	Base: $152,500 Performance Bonus: Up to $35,000 Total Cash: up to $187,500 Signing bonus: $25,000 Relocation: $2-9,000	Base: $175,000 Performance Bonus: Up to $77,000 Profit Sharing: $30,000 Total Cash: up to $282,000	Base: $332,000 Performance Bonus: Up to $250,000 Total Cash: up to $582,000	Base: $572,000 – $1,000,000 Performance Bonus: Up to $252,000 – $300,000 Total Cash: Up to $1,300,000
2	United Kingdom	Base: £50,000 Performance Bonus: Up to £3,000 Total cash: up to £53,000	Base: £81,000 Performance Bonus: Up to £9,000 Total cash: up to £90,000	Base: £112,000 Performance Bonus: Up to £20,500 Total cash: up to £132,500	Base: £138,000 Performance Bonus: Up to £85,500 Total cash: up to £223,500
3	Germany	Base: €60,000 Performance Bonus: €11,000 Total cash: up to €71,000	Base: €94,000 Performance Bonus: €20,000 Total cash: up to €114,000	Base: €112,000 Performance Bonus: €70,000 Total cash: up to €182,000	Base: €180,000 Performance Bonus: €57,000 Total cash: up to €237,000
4	Canada	Base: C$80,000 Performance Bonus: C$15,500 Total cash: up to C$95,500	Base: C$150,000 Performance Bonus: C$28,000 Total cash: up to C$178,000	Base: C$177,000 Performance Bonus: C$63,000 Total cash: up to C$240,000	Base: C$225,000 Performance Bonus: C$170,000 Total cash: up to C$395,000
5	Spain	Base: €54,000 Performance Bonus: €10,000 Total cash: up to €64,000	Base: €87,000 Performance Bonus: €15,000 Total cash: up to €102,000	Base: €95,000 Performance Bonus: €20,000 Total cash: up to €115,000	Base: €150,000 Performance Bonus: €55,000 Total cash: up to €205,000
6	Australia	Base: AUD 95,000 Performance Bonus: Up to AUD 15,000 Total cash: up to AUD 120,000	Base: AUD 155,500 Performance Bonus: Up to AUD 20,000 Total cash: up to AUD 175,500	Base: AUD 184,000-200,000 Performance Bonus: Up to AUD 47,000 Total cash: up to AUD 247,000
7	India	Base: R$1,410,000 Performance Bonus: R$440,000 Total cash: up to R$ 1,850,000	Base: R$2,543,000 Performance Bonus: R$835,000 Total cash: up to R$ 3,535,000	Base: R$4,200,000 Performance Bonus: R$2,200,000 Total cash: up to R$ 6,400,000

Notice

Like I said on the overall consulting salary article, salary varies a lot by a number of factors, i.e: location, position, time, etc. So statistics on salary is not an exact science. In this article, we give you another depth layer into salary, focusing only on McKinsey and being broken down into location, the biggest contribution to salary variations.

The data of this is an accumulation of many sources: MCP survey, insider’s information, and other public statistics. Your actual salary in a particular office may be a little bit higher or lower, but the figures we provide here are as close as it can possibly get.

If you want to know more about the McKinsey Salary Progression, check our article on Career Path In Management Consulting Firms.