Home > Salary > Monaco > Certified Healthcare Risk Manager
A Certified Healthcare Risk Manager (CHRM) is a professional responsible for identifying, assessing, and managing risks within healthcare organizations. They work to minimize potential harm to patients, staff, and the organization itself. Their main objective is to ensure patient safety and reduce liability by implementing risk management strategies and protocols.
CHRMs analyze data, conduct risk assessments, and develop risk management plans to address potential hazards and prevent adverse events. They also collaborate with various departments to implement policies and procedures that promote safe practices and compliance with regulatory standards. Additionally, they may provide training and education to staff members on risk management principles and best practices.
Estimated Yearly Salary: 291,211 EUR
Estimated Monthly Salary: 24,268 EUR
Estimated Weekly Salary: 5,600 EUR per week
Estimated Hourly Salary: 140 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: 2024-01-02
Estimated Yearly Salary: 292,027 USD
Estimated Monthly Salary: 24,336 USD
Estimated Weekly Salary: 5,616 USD per week
Estimated Hourly Salary: 140 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 291,211 EUR
Estimated Monthly Salary: 24,268 EUR
Estimated Weekly Salary: 5,600 EUR per week
Estimated Hourly Salary: 140 EUR per hour
By working as Certified Healthcare Risk Manager a person can save up to 16,892 USD per month or 202,709 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 Certified Healthcare Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Certified Healthcare Risk Manager salary in Monaco
Average Yearly Salary of Certified Healthcare Risk Manager in Monaco is approximately 291,211 EUR (292,027 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 Certified Healthcare Risk Manager do?
A Certified Healthcare Risk Manager (CHRM) is a professional responsible for identifying, assessing, and managing risks within healthcare organizations. They work to minimize potential harm to patients, staff, and the organization itself. Their main objective is to ensure patient safety and reduce liability by implementing risk management strategies and protocols.
CHRMs analyze data, conduct risk assessments, and develop risk management plans to address potential hazards and prevent adverse events. They also collaborate with various departments to implement policies and procedures that promote safe practices and compliance with regulatory standards. Additionally, they may provide training and education to staff members on risk management principles and best practices.
Skills: Healthcare, Risk Management, Patient Safety, Liability Reduction, Compliance, Data Analysis
Job industry: Healthcare
Job industry: Healthcare
How much does Certified Healthcare Risk Manager make?
Salary details
How much does Certified Healthcare Risk Manager make?Estimated Yearly Salary: 291,211 EUR
Estimated Monthly Salary: 24,268 EUR
Estimated Weekly Salary: 5,600 EUR per week
Estimated Hourly Salary: 140 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: 2024-01-02Certified Healthcare Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 292,027 USD
Estimated Monthly Salary: 24,336 USD
Estimated Weekly Salary: 5,616 USD per week
Estimated Hourly Salary: 140 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Certified Healthcare Risk Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Certified Healthcare Risk Manager in Monaco earns on average:
1.71 times the average salary (or 171% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Certified Healthcare Risk Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Certified Healthcare Risk Manager in Monaco earns on average:
1.71 times the average salary (or 171% of average salary).
Is Certified Healthcare Risk Manager a well paid job?
Yes, our data shows that Certified Healthcare Risk 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 Certified Healthcare Risk Manager?
High salary for Certified Healthcare Risk Manager would be somewhere between 320,332 EUR and 422,256 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Certified Healthcare Risk 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: 291,211 EUR
Estimated Monthly Salary: 24,268 EUR
Estimated Weekly Salary: 5,600 EUR per week
Estimated Hourly Salary: 140 EUR per hour
By working as Certified Healthcare Risk Manager a person can save up to 16,892 USD per month or 202,709 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 Certified Healthcare Risk Manager
France is 71,685 USD
Italy is 58,896 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.)
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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:
Senior intelligence analyst (258,850 EUR per year, pre-tax.)
Staff engineer aerospace engineering (298,058 EUR per year, pre-tax.)
Is technician (109,860 EUR per year, pre-tax.)
Quantitative researcher (405,328 EUR per year, pre-tax.)
Service operations manager (288,616 EUR per year, pre-tax.)
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