McKinsey & Company Principal Engineer Salaries in Minneapolis | 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 Minneapolis

The average McKinsey & Company Principal Engineer in Minneapolis earns an estimated $138,967 annually, which includes an estimated base salary of $120,896 with a $18,071 bonus. McKinsey & Company's Principal Engineer compensation is $22,755 less than the US average for a Principal Engineer. Principal Engineer salaries at McKinsey & Company in Minneapolis can range from $70,000 - $187,000.

In Minneapolis, The Engineering Department at McKinsey & Company earns $17,392 more on average than the HR Department.

Last updated 6 months ago.

$50k
$85k
$120k
$154k
$2.06M
$138,967
Average Compensation
$120,896
avg. base
$18,071
avg. bonus

Principal Engineer Salaries at McKinsey & Company

In Minneapolis, Principal Engineers earn $3,115 more than Principal Engineers, and $7,583 less than Group Engineering Managers.

Director of Engineering
$240k
Sales Engineer
$159k*
Data Scientist
$150k
Senior Developer
$150k
Engineering Manager
$150k*
Group Engineering Manager
$147k*
Principal Engineer
$136k*
Lead Engineer
$129k*
Mobile Developer
$120k*
Scrum Master
$114k*
QA
$112k*
Senior QA
$92k*
DevOps
$91k*
Developer
$75k
Jr Developer
$72k*
* estimated salary

Compensation at McKinsey & Company by Department

In Minneapolis, The Engineering Department averages $17,392 more than the HR Department, and $7,709 less than the Product Department

Product
$137,756 Avg. total comp.
+$8k
Engineering
$130,047 Avg. total comp.
HR
$112,655 Avg. total comp.
-$17k

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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