McKinsey Software Engineer Salary

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

$190,525

Average Base Salary

$243,212

Average Total Compensation

Min: $111K
Max: $240K
Base Salary
Median: $197K
Mean (Average): $191K
Data points: 172
Min: $122K
Max: $339K
Total Compensation
Median: $255K
Mean (Average): $243K
Data points: 167
The average base salary for a Software Engineer at Mckinsey & Company is $190,525
based on 172 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $193,817.

The estimated average total compensation is $243,212
based on 167 data points.
The average recency weighted total compensation is $245,794.

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 98% compared to all other companies salaries.

The average base salary for Software Engineer at Mckinsey & Company is $190,525 while the average Software Engineer base salary is $116,137.

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 98% 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
$149K
$242K
Senior
Median: $220K
Mean (Average): $209K
Data points: 106
Mid-Level
$113K
$234K
Mid-Level
Median: $162K
Mean (Average): $165K
Data points: 26
Entry Level
$102K
$124K
Entry Level
Median: $105K
Mean (Average): $111K
Data points: 5
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
$111K
$240K
Software Engineer
Median: $197K
Mean (Average): $191K
Data points: 172
Product Manager
$152K
$213K
Product Manager
Median: $200K
Mean (Average): $185K
Data points: 5
Data Scientist
$84K
$192K
Data Scientist
Median: $132K
Mean (Average): $133K
Data points: 54
Data Engineer
$93K
$175K
Data Engineer
Median: $110K
Mean (Average): $118K
Data points: 21
Business Analyst
$85K
$160K
Business Analyst
Median: $85K
Mean (Average): $100K
Data points: 152
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 $190,525 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

Salt Lake City, UT
$178K
$239K
Salt Lake City, UT
Median: $225K
Mean (Average): $215K
Data points: 7
Los Angeles, CA*
$205K
Los Angeles, CA
Median: $205K
Mean (Average): $205K
Data points: 1
Omaha, NE
$138K
$245K
Omaha, NE
Median: $225K
Mean (Average): $200K
Data points: 33
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
$114K
$225K
New York, NY
Median: $190K
Mean (Average): $181K
Data points: 27
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
Singapore, Singapore*
$145K
Singapore, Singapore
Median: $145K
Mean (Average): $145K
Data points: 1
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 Salt Lake City, UT is the highest paying salary with a $215,429 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.
$137K
$425K
Roku Inc.
Median: $276K
Mean (Average): $287K
Data points: 163
Smartnews
$210K
$324K
Smartnews
Median: $220K
Mean (Average): $242K
Data points: 5
Chan Zuckerberg Initiative
$166K
$270K
Chan Zuckerberg Initiative
Median: $230K
Mean (Average): $222K
Data points: 10
Noom
$158K
$250K
Noom
Median: $220K
Mean (Average): $214K
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
$239K
Gemini
Median: $214K
Mean (Average): $204K
Data points: 12
Chime
$165K
$248K
Chime
Median: $200K
Mean (Average): $200K
Data points: 28
Jane Street
$135K
$280K
Jane Street
Median: $200K
Mean (Average): $197K
Data points: 13
Cruise Automation, Inc.
$140K
$280K
Cruise Automation, Inc.
Median: $192K
Mean (Average): $197K
Data points: 118
Wepay
$148K
$294K
Wepay
Median: $190K
Mean (Average): $196K
Data points: 33
Airbnb
$130K
$254K
Airbnb
Median: $197K
Mean (Average): $194K
Data points: 291
Box
$121K
$251K
Box
Median: $195K
Mean (Average): $194K
Data points: 120
Mckinsey & Company
$111K
$240K
Mckinsey & Company
Median: $197K
Mean (Average): $191K
Data points: 172
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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