Total Annual Salary: up to $422,000 (Canada: CA$334,000, Germany: €212,000, India: ₹11,000,000, UK: £220,000) - potential for much more based on individual sales and profit sharing Meanwhile, McKinsey Engagement Manager salary in other developed countries fluctuates between $180,000 to $240,000. McKinsey Engagement Managers in the US may earn up to $420,000 annually. Figures in this chart represent the highest available data points in each location McKinsey Engagement Manager salary 2023 (Manager-level) Retirement: Minimum 7.5% of annual base and bonus to 401(k), no contribution required (US only) Meanwhile, McKinsey Associate salary in other developed countries fluctuates between $120,000 to $180,000. McKinsey Associates in the US may earn up to $200,000 per year in salary, with a $153,000 base and a $34,000 performance bonus. McKinsey Associate salary 2023 (MBA/Experienced, Senior-level) Figures in this chart represent the highest available data points in each location. Retirement: Minimum 7.5% of annual base and bonus to 401(k) plan, no contribution required (US only) Meanwhile, McKinsey Business Analyst salary in other developed countries fluctuates around $70,000-100,000. McKinsey Business Analysts in the US may earn up to $148,000 annually. McKinsey Business Analyst salary 2023 (Undergraduate, Junior-level) Meanwhile, McKinsey Consultant Analyst salary in other developed countries fluctuates around $20,000-40,000. McKinsey Consultant Analysts in the US may earn up to $82,000 annually. McKinsey Consultant Analyst salary 2023 (Intern-level) Therefore, the below data should only be used for reference purposes. Furthermore, consulting firms do not openly disclose their salary information. As such, it can be difficult to verify the accuracy of the data presented. However, it's worth noting that Glassdoor is known to be a platform where users can anonymously share their salary and compensation information. (3) Our primary source of information is Glassdoor. Actual figures may vary, depending on location, position, experience, performance, and report time. The figures in this article are rounded to the closest 1000.

Business allowance is also not presented here. (2) One-time sums, such as Relocation or Signing Bonus, are not counted. “Total Annual Salary” includes Base Salary, Performance Bonus, and Others (including Profit Sharings, Stock, Commission), scaled up to one year (for example, if an Intern works for ten weeks, we will scale up the income of ten weeks to one year for presentation purposes). The precise numbers vary from place to place, and we will provide additional insights where possible. (1) Unless stated otherwise, salaries in this article are based on US figures. Read more: Salary of Top Consulting Firms 2023 Figures in this chart represent the highest available data points. Those six-digit salaries are a major point of attraction for the best and brightest candidates out there, and also the reason you are reading this article, so let’s find out how much McKinsey pays its consultants in different countries. Engagement managers typically earn around $300,000-400,000, while Partners-level can earn up to $1,000,000. McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000.

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