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McKinsey & Company VP of Product Salary

The average McKinsey & Company VP of Product earns $205,000 annually, which includes a base salary of $145,000 with a $60,000 bonus. This total compensation is $148,969 less than the US average for a VP of Product.

The Product Department at McKinsey & Company earns $8,914 more on average than the Engineering Department.

Last updated 6 months ago.

$50k
$103k
$155k
$207k
$203.49M
$205,000
Average Compensation
$145,000
avg. base
$60,000
avg. bonus

VP of Product Salaries at McKinsey & Company

VPs of Product earn $71,750 more than Product Managers, and $5,000 less than Senior Product Managers.

Group Product Manager
$221k*
Senior Product Manager
$210k
Product Manager
$133k
Director of Product
$115k
Jr Product Manager
$94k*
* estimated salary

Compensation at McKinsey & Company by Department

The Product Department averages $8,914 more than the Engineering Department, and $39,547 less than the Enterprise Risk Department

Enterprise Risk
$170,436 Avg. total comp.
+$40k
Product
$130,889 Avg. total comp.
Engineering
$121,975 Avg. total comp.
-$9k

VP of Product Compensation by Gender (All Companies)

The average female VP of Product at companies similar size to McKinsey & Company reported making $279,465, while the average male VP of Product at similar sized companies reported making $259,922.

VP of Product Compensation by Ethnicity (All Companies)

The average Hispanic or Latino VP of Product at companies similar size to McKinsey & Company reported making $282,500, while the average African American/Black VP of Product at similar sized companies reported making $238,500.

How VPs of Product at McKinsey & Company Rate Their Compensation

The majority of VPs of Product at McKinsey & Company believe they're compensated fairly. 75% of VPs of Product 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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