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A Benefits Manager is responsible for overseeing and managing employee benefits programs within an organization. They work closely with HR departments to develop, implement, and administer benefits packages that align with the company's goals and meet the needs of its employees. This involves researching and analyzing various benefit options, negotiating contracts with insurance providers, and ensuring compliance with legal requirements. Additionally, Benefits Managers educate employees about their benefits, handle claims and inquiries, and monitor the effectiveness of the programs.
Estimated Yearly Salary: 292,746 EUR
Estimated Monthly Salary: 24,396 EUR
Estimated Weekly Salary: 5,630 EUR per week
Estimated Hourly Salary: 141 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 23,494 EUR
Estimated Weekly Salary: 5,422 EUR per week
Estimated Hourly Salary: 136 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 292,183 USD
Estimated Monthly Salary: 24,349 USD
Estimated Weekly Salary: 5,619 USD per week
Estimated Hourly Salary: 140 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 292,746 EUR
Estimated Monthly Salary: 24,396 EUR
Estimated Weekly Salary: 5,630 EUR per week
Estimated Hourly Salary: 141 EUR per hour
By working as Benefits Manager a person can save up to 16,905 USD per month or 202,865 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.
Estimated Yearly Salary for Benefits Manager
Last revision of data: 2025-01-04
Data as of 2025
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Benefits Manager salary in Monaco
Average Yearly Salary of Benefits Manager in Monaco is approximately 292,746 EUR (292,183 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 Benefits Manager do?
A Benefits Manager is responsible for overseeing and managing employee benefits programs within an organization. They work closely with HR departments to develop, implement, and administer benefits packages that align with the company's goals and meet the needs of its employees. This involves researching and analyzing various benefit options, negotiating contracts with insurance providers, and ensuring compliance with legal requirements. Additionally, Benefits Managers educate employees about their benefits, handle claims and inquiries, and monitor the effectiveness of the programs.
Skills: Benefits Management, Employee Benefits, HR Administration, Insurance Contracts, Compliance, Benefits Education
Job industry: Human resources
Job industry: Human resources
How much does Benefits Manager make?
Salary details
How much does Benefits Manager make?Estimated Yearly Salary: 292,746 EUR
Estimated Monthly Salary: 24,396 EUR
Estimated Weekly Salary: 5,630 EUR per week
Estimated Hourly Salary: 141 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 281,930 EUREstimated Monthly Salary: 23,494 EUR
Estimated Weekly Salary: 5,422 EUR per week
Estimated Hourly Salary: 136 EUR per hour
Last revision of data: 2024-01-06Benefits Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 292,183 USD
Estimated Monthly Salary: 24,349 USD
Estimated Weekly Salary: 5,619 USD per week
Estimated Hourly Salary: 140 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Benefits Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Benefits Manager in Monaco earns on average:
1.72 times the average salary (or 172% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Benefits Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Benefits Manager in Monaco earns on average:
1.72 times the average salary (or 172% of average salary).
Is Benefits Manager a well paid job?
Yes, our data shows that Benefits Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Benefits Manager?
High salary for Benefits Manager would be somewhere between 322,021 EUR and 424,482 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Benefits Manager 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: 292,746 EUR
Estimated Monthly Salary: 24,396 EUR
Estimated Weekly Salary: 5,630 EUR per week
Estimated Hourly Salary: 141 EUR per hour
By working as Benefits Manager a person can save up to 16,905 USD per month or 202,865 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 Benefits Manager
France is 71,709 USD
Italy is 59,160 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Personal care worker (60,198 EUR per year, pre-tax.)
Database coordinator (144,437 EUR per year, pre-tax.)
Assistant media planner (141,979 EUR per year, pre-tax.)
Quality compliance coordinator (109,860 EUR per year, pre-tax.)
Casting engineer (182,242 EUR per year, pre-tax.)
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