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Account Development Specialist salary in Monaco

Average Yearly Salary of Account Development Specialist in Monaco is approximately 188,976 EUR (189,578 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Account Development Specialist do?

occupation personasAn Account Development Representative (ADR) is responsible for generating new business opportunities by prospecting, qualifying, and nurturing leads. They work closely with the sales and marketing teams to identify potential clients, conduct research on target markets, and develop outreach strategies. ADRs engage with prospects through various channels, such as phone calls, emails, and social media, to understand their needs and educate them about the company's products or services. They also schedule appointments and demos for the sales team, track and manage leads in CRM systems, and provide regular reports on their activities and progress.

Skills: Sales, Business Development, Lead Generation, Prospecting, Relationship Building, Customer Engagement.
Job industry: Sales


How much does Account Development Specialist make?

Salary details
How much does Account Development Specialist make?
Estimated Yearly Salary: 188,976 EUR
Estimated Monthly Salary: 15,748 EUR
Estimated Weekly Salary: 3,634 EUR per week
Estimated Hourly Salary: 91 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 182,544 EUR
Estimated Monthly Salary: 15,212 EUR
Estimated Weekly Salary: 3,510 EUR per week
Estimated Hourly Salary: 88 EUR per hour
Last revision of data: 2024-01-08



Account Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 189,578 USD
Estimated Monthly Salary: 15,798 USD
Estimated Weekly Salary: 3,646 USD per week
Estimated Hourly Salary: 91 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Account Development Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Account Development Specialist in Monaco earns on average:
1.11 times the average salary (or 111% of average salary).

Is Account Development Specialist a well paid job?

Yes, our data show that Account Development Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Account Development Specialist?

High salary for Account Development Specialist would be somewhere between 207,874 EUR and 274,015 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Development Specialist in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 188,976 EUR
Estimated Monthly Salary: 15,748 EUR
Estimated Weekly Salary: 3,634 EUR per week
Estimated Hourly Salary: 91 EUR per hour
By working as Account Development Specialist a person can save up to 8,355 USD per month or 100,260 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Account Development Specialist

France is 46,578 USDdown arrow 75%
Details on Account Development Specialist salary in France
Italy is 38,282 USDdown arrow 80%
Details on Account Development Specialist salary in Italy
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Monaco

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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optisalary.com displays salary data exclusively for reference use. While we strive for correctness, we cannot guarantee the validity of all figures. Users should double-check salary details with reliable organizations before making financial decisions. Salary estimates can fluctuate based on multiple factors, such as geographic location, experience, and job role. We assume no liability for misinterpretations in the salary figures provided. By using optisalary.com, you accept that salary data is subject to change.