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Advisory Board Member salary in Monaco

Average Yearly Salary of Advisory Board Member in Monaco is approximately 155,926 EUR (155,053 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 Advisory Board Member do?

occupation personasAn advisory board member is an individual who provides guidance and expertise to an organization or company. They are typically appointed based on their experience, knowledge, and industry insights. The role of an advisory board member is to offer strategic advice and support to help the organization achieve its goals. They may participate in board meetings, provide input on key decisions, and share their expertise on specific areas such as finance, marketing, or technology. Advisory board members often act as mentors and sounding boards for the executive team, offering a fresh perspective and helping to identify opportunities and mitigate risks. They play a crucial role in shaping the organization's direction and ensuring its long-term success.

Skills: Advisory, Board Member, Strategic Advice, Expertise, Guidance, Industry Insights
Job industry: Consulting


How much does Advisory Board Member make?

Salary details
How much does Advisory Board Member make?
Estimated Yearly Salary: 155,926 EUR
Estimated Monthly Salary: 12,994 EUR
Estimated Weekly Salary: 2,999 EUR per week
Estimated Hourly Salary: 75 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 150,092 EUR
Estimated Monthly Salary: 12,508 EUR
Estimated Weekly Salary: 2,886 EUR per week
Estimated Hourly Salary: 72 EUR per hour
Last revision of data: 2024-01-06



Advisory Board Member estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 155,053 USD
Estimated Monthly Salary: 12,921 USD
Estimated Weekly Salary: 2,982 USD per week
Estimated Hourly Salary: 75 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 Advisory Board Member job salary compared to average salary in Monaco.
Comparison shows that a person working as Advisory Board Member in Monaco earns on average:
0.92 times the average salary (or 92% of average salary).

Is Advisory Board Member a well paid job?

Yes, our data show that Advisory Board Member 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 Advisory Board Member?

High salary for Advisory Board Member would be somewhere between 171,519 EUR and 226,093 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Advisory Board Member 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: 155,926 EUR
Estimated Monthly Salary: 12,994 EUR
Estimated Weekly Salary: 2,999 EUR per week
Estimated Hourly Salary: 75 EUR per hour
By working as Advisory Board Member a person can save up to 5,478 USD per month or 65,735 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 Advisory Board Member

France is 38,281 USDdown arrow 75%
Details on Advisory Board Member salary in France
Italy is 31,442 USDdown arrow 80%
Details on Advisory Board Member 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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Please note:
This website offers salary estimates for informational purposes exclusively.
The salary data presented here are meant for reference purposes solely. While we attempt to ensure correctness, we cannot guarantee all figures is precise. Users are advised to confirm salary details with official authorities before making important career decisions. Salary ranges may fluctuate due to economic shifts, demand variations, and regional factors. We deny responsibility for inaccuracies in the salary data displayed.
Salary details displayed on this website are intended for informational use exclusively. Our data is sourced through multiple sources and may not always be up to date. Users must cross-reference salary information independently before making employment commitments. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We do not warrant that the data provided is error-free. By using this website, you agree that salary information is offered 'as is' and without warranties.