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McKinsey & Company is a privately owned management consulting firm committed to accelerating sustainable and inclusive growth. Roundly considered the most prestigious company of its kind, it has achieved a near-universal level of renown by combining transformative technologies and a range of capabilities and working models. The firm’s practice areas address strategic, organizational, operational, and technological issues that challenge its clients. McKinsey consultants work in collaborative teams, have opportunities to make meaningful impact, and engage in challenges to stretch their abilities and further their expertise. McKinsey provides a culture that is distinctive and inclusive, focused on a personalized, flexible, dynamic environment that delivers high-performing and sustainable results. The firm is creating conditions for its colleagues to author their own journey and advance based on individual skills and impact. Visit our Careers website to learn more and apply.?? read more

EMPLOYEE PARTICIPANTS: 485

TOTAL RATINGS: 3757

CEO: Bob Sternfels

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McKinsey & Company Group Product Manager Salaries in Chicago

The average McKinsey & Company Group Product Manager in Chicago earns an estimated $225,362 annually, which includes an estimated base salary of $177,141 with a $48,221 bonus. McKinsey & Company's Group Product Manager compensation is $35,947 more than the US average for a Group Product Manager. Group Product Manager salaries at McKinsey & Company in Chicago can range from $119,000 - $343,000.

In Chicago, The Product Department at McKinsey & Company earns $15,321 more on average than the Customer Support Department.

Last updated 6 months ago.

$60k

$105k

$142k

$182k

$276k

$400k

$465k

$225,362

Average Compensation

$177,141: avg. base

$48,221: avg. bonus

Group Product Manager Salaries at McKinsey & Company

In Chicago, Group Product Managers earn $3,751 more than Group Product Managers.

Group Product Manager

$222k*

Senior Product Manager

$210k

Product Manager

$133k

Director of Product

$115k

Jr Product Manager

$99k*

* estimated salary

Compensation at McKinsey & Company by Department

In Chicago, The Product Department averages $15,321 more than the Customer Support Department, and $12,861 less than the Engineering Department

Engineering

$150,617 Avg. total comp.

+$13k

Product

$137,756 Avg. total comp.

Customer Support

$122,435 Avg. total comp.

-$15k

Group Product Manager Compensation by Gender (All Companies)

The average female Group Product Manager at companies similar size to McKinsey & Company reported making $212,372, while the average male Group Product Manager at similar sized companies reported making $231,339.

Group Product Manager Compensation by Ethnicity (All Companies)

The average African American/Black Group Product Manager at companies similar size to McKinsey & Company reported making $255,000, while the average Hispanic or Latino Group Product Manager at similar sized companies reported making $196,200.

How Group Product Managers at McKinsey & Company Rate Their Compensation

The majority of Group Product Managers at McKinsey & Company believe they're compensated fairly. 75% of Group Product Managers at McKinsey & Company say they receive annual bonuses, and the vast majority (83%) are satisfied with their benefits. See more compensation ratings at McKinsey & Company

Do you believe you're paid fairly?

68% Yes

Does your company give annual bonuses?

75% Yes

Are you satisfied with your Benefits?

83% Yes

See McKinsey & Company Group Product Manager Salaries in Other Cities

Group Product Manager Salaries at Similar Size Companies in Chicago

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