Interview Query

McKinsey Software Engineer Salary

IQ Team
Written by IQ Team
IQ Team
Published March 24, 2022
Estimated reading time: 7 minutes
Table of contents

$195,673

Average Base Salary

$248,257

Average Total Compensation

Min: $115K
Max: $243K
Base Salary
Median: $206K
Mean (Average): $196K
Data points: 212
Min: $124K
Max: $339K
Total Compensation
Median: $263K
Mean (Average): $248K
Data points: 207
The average base salary for a Software Engineer at Mckinsey & Company is $195,673
based on 212 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $199,725.

The estimated average total compensation is $248,257
based on 207 data points.
The average recency weighted total compensation is $251,636.

View the full Software Engineer at Mckinsey & Company interview guide

Normalized McKinsey Software Engineer Salaries


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for Software Engineer at Mckinsey & Company is in the top 99% compared to all other companies salaries.

The average base salary for Software Engineer at Mckinsey & Company is $195,673 while the average Software Engineer base salary is $116,493.

If we normalize the salaries at Mckinsey & Company by the cost of living, then the average base salary for Software Engineer at Mckinsey & Company is in the top 99% compared to all other companies.

If we normalize the salaries at Mckinsey & Company by the years of experience, then the average base salary for Software Engineer at Mckinsey & Company is in the top 99% compared to all other companies.

McKinsey Software Engineer Salary by Seniority Levels

Manager
$149K
$220K
Manager
Median: $190K
Mean (Average): $189K
Data points: 22
Senior
$150K
$243K
Senior
Median: $224K
Mean (Average): $214K
Data points: 136
Mid-Level
$117K
$232K
Mid-Level
Median: $162K
Mean (Average): $169K
Data points: 34
Entry Level
$103K
$204K
Entry Level
Median: $110K
Mean (Average): $130K
Data points: 6
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a Software Engineer at Mckinsey & Company. Here are the base salaries of a Software Engineer at Mckinsey & Company grouped into 4 seniority categories.

McKinsey Software Engineer Salary Compared to other Positions

Software Engineer
$115K
$243K
Software Engineer
Median: $206K
Mean (Average): $196K
Data points: 212
Product Manager
$155K
$232K
Product Manager
Median: $200K
Mean (Average): $194K
Data points: 10
Data Scientist
$85K
$200K
Data Scientist
Median: $134K
Mean (Average): $138K
Data points: 62
Data Engineer
$93K
$175K
Data Engineer
Median: $110K
Mean (Average): $118K
Data points: 21
Business Analyst
$85K
$175K
Business Analyst
Median: $85K
Mean (Average): $106K
Data points: 173
Data Analyst
$66K
$122K
Data Analyst
Median: $90K
Mean (Average): $93K
Data points: 77
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Software Engineer role pays the most with a $195,673 base salary while the Data Analyst role on average pays the least with a $92,851 base salary.

Top Cities for McKinsey Software Engineer Salaries

Cleveland, OH*
$244K
Cleveland, OH
Median: $244K
Mean (Average): $244K
Data points: 1
Salt Lake City, UT
$178K
$239K
Salt Lake City, UT
Median: $225K
Mean (Average): $215K
Data points: 7
Omaha, NE
$131K
$244K
Omaha, NE
Median: $225K
Mean (Average): $206K
Data points: 51
Los Angeles, CA*
$205K
Los Angeles, CA
Median: $205K
Mean (Average): $205K
Data points: 1
Washington, DC*
$137K
$223K
Washington, DC
Median: $220K
Mean (Average): $196K
Data points: 4
Minneapolis-St. Paul Area*
$194K
Minneapolis-St. Paul Area
Median: $194K
Mean (Average): $194K
Data points: 2
Seattle, WA
$181K
$212K
Seattle, WA
Median: $185K
Mean (Average): $192K
Data points: 6
San Francisco, CA
$173K
$210K
San Francisco, CA
Median: $190K
Mean (Average): $192K
Data points: 6
Memphis, TN*
$164K
$224K
Memphis, TN
Median: $165K
Mean (Average): $187K
Data points: 3
Atlanta, GA*
$176K
$191K
Atlanta, GA
Median: $183K
Mean (Average): $183K
Data points: 3
New York, NY
$115K
$236K
New York, NY
Median: $190K
Mean (Average): $182K
Data points: 29
Chicago, IL
$123K
$202K
Chicago, IL
Median: $193K
Mean (Average): $179K
Data points: 6
Dallas, TX*
$128K
$190K
Dallas, TX
Median: $190K
Mean (Average): $167K
Data points: 3
London, United Kingdom*
$150K
$162K
London, United Kingdom
Median: $162K
Mean (Average): $158K
Data points: 3
Boston, MA
$105K
$206K
Boston, MA
Median: $106K
Mean (Average): $140K
Data points: 9
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1

The Software Engineer salary in Cleveland, OH is the highest paying salary with a $244,000 average base salary. The Software Engineer salary in Denver, CO is the lowest paying salary with $105,000 average base salary.

McKinsey Software Engineer Salary Compared to other Companies

Netflix
$200K
$714K
Netflix
Median: $475K
Mean (Average): $482K
Data points: 242
Roku Inc.
$144K
$425K
Roku Inc.
Median: $286K
Mean (Average): $293K
Data points: 178
Smartnews
$210K
$324K
Smartnews
Median: $220K
Mean (Average): $242K
Data points: 5
Rivian and Volkswagen Group Technologies
$188K
$271K
Rivian and Volkswagen Group Technologies
Median: $226K
Mean (Average): $229K
Data points: 9
Noom
$159K
$279K
Noom
Median: $240K
Mean (Average): $227K
Data points: 12
Ramp
$150K
$292K
Ramp
Median: $245K
Mean (Average): $226K
Data points: 11
Chan Zuckerberg Initiative
$166K
$270K
Chan Zuckerberg Initiative
Median: $230K
Mean (Average): $222K
Data points: 10
Latitude AI
$206K
$235K
Latitude AI
Median: $222K
Mean (Average): $221K
Data points: 6
Roblox
$142K
$327K
Roblox
Median: $196K
Mean (Average): $207K
Data points: 78
Pdt Partners
$180K
$229K
Pdt Partners
Median: $200K
Mean (Average): $206K
Data points: 5
Gemini
$165K
$237K
Gemini
Median: $207K
Mean (Average): $202K
Data points: 14
Chime
$165K
$248K
Chime
Median: $200K
Mean (Average): $200K
Data points: 28
Cruise Automation, Inc.
$140K
$281K
Cruise Automation, Inc.
Median: $193K
Mean (Average): $198K
Data points: 119
Jane Street
$135K
$280K
Jane Street
Median: $200K
Mean (Average): $197K
Data points: 13
Mckinsey & Company
$115K
$243K
Mckinsey & Company
Median: $206K
Mean (Average): $196K
Data points: 212
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The Software Engineer at Netflix salary is the highest paying salary with a $482,214 average base salary. The Software Engineer at Healthedge salary is the lowest paying salary with $41,374 average base salary.
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