McKinsey & Company Principal Engineer Salaries in Chicago | Comparably
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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
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McKinsey & Company Principal Engineer Salaries in Chicago

The average McKinsey & Company Principal Engineer in Chicago earns an estimated $138,731 annually, which includes an estimated base salary of $126,367 with a $12,364 bonus. McKinsey & Company's Principal Engineer compensation is $22,991 less than the US average for a Principal Engineer. Principal Engineer salaries at McKinsey & Company in Chicago can range from $100,000 - $208,000.

In Chicago, The Engineering Department at McKinsey & Company earns $12,861 more on average than the Product Department.

Last updated 6 months ago.

$50k
$85k
$120k
$154k
$2.06M
$138,731
Average Compensation
$126,367
avg. base
$12,364
avg. bonus

Principal Engineer Salaries at McKinsey & Company

In Chicago, Principal Engineers earn $2,601 more than Principal Engineers, and $1,138 less than Sales Engineers.

Director of Engineering
$240k
Group Engineering Manager
$196k*
Engineering Manager
$155k*
Data Scientist
$150k
Senior Developer
$150k
Sales Engineer
$140k*
Principal Engineer
$136k*
DevOps
$108k*
Lead Engineer
$104k*
Senior QA
$97k*
Scrum Master
$87k*
Mobile Developer
$86k*
QA
$82k*
Jr Developer
$80k*
Developer
$75k
* estimated salary

Compensation at McKinsey & Company by Department

In Chicago, The Engineering Department averages $12,861 more than the Product Department, and $38,896 less than the Communications Department

Communications
$189,513 Avg. total comp.
+$39k
Engineering
$150,617 Avg. total comp.
Product
$137,756 Avg. total comp.
-$13k

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to McKinsey & Company reported making $174,986, while the average male Principal Engineer at similar sized companies reported making $186,024.

Principal Engineer Compensation by Ethnicity (All Companies)

The average Caucasian Principal Engineer at companies similar size to McKinsey & Company reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.

How Principal Engineers at McKinsey & Company Rate Their Compensation

The majority of Principal Engineers at McKinsey & Company believe they're compensated fairly. 75% of Principal Engineers 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
68
Does your company give annual bonuses?
75% Yes
75
Are you satisfied with your Benefits?
83% Yes
83

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