McKinsey & Company Principal Engineer Salaries in Newark, NJ | 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 Newark, NJ

The average McKinsey & Company Principal Engineer in Newark, NJ earns an estimated $171,839 annually, which includes an estimated base salary of $152,339 with a $19,500 bonus. McKinsey & Company's Principal Engineer compensation is $10,117 more than the US average for a Principal Engineer. Principal Engineer salaries at McKinsey & Company in Newark, NJ can range from $122,000 - $205,000.

In Newark, NJ, The Engineering Department at McKinsey & Company earns $5,850 more on average than the Marketing Department.

Last updated 6 months ago.

$50k
$85k
$120k
$154k
$2.06M
$171,839
Average Compensation
$152,339
avg. base
$19,500
avg. bonus

Principal Engineer Salaries at McKinsey & Company

In Newark, NJ, Principal Engineers earn $2,170 more than Engineering Managers, and $98 less than Principal Engineers.

Group Engineering Manager
$244k*
Director of Engineering
$240k
Principal Engineer
$172k*
Engineering Manager
$170k*
Sales Engineer
$169k*
Data Scientist
$150k
Senior Developer
$150k
Lead Engineer
$145k*
DevOps
$124k*
Mobile Developer
$120k*
Scrum Master
$114k*
Senior QA
$111k*
Jr Developer
$88k*
QA
$81k*
Developer
$75k
* estimated salary

Compensation at McKinsey & Company by Department

In Newark, NJ, The Engineering Department averages $5,850 more than the Marketing Department, and $1,554 less than the Sales Department

Sales
$124,647 Avg. total comp.
+$2k
Engineering
$123,093 Avg. total comp.
Marketing
$117,243 Avg. total comp.
-$6k

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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