Contract Administrator salary in Monaco

Average Yearly Salary of Contract Administrator in Monaco is approximately 229,491 EUR (227,967 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 Contract Administrator do?

A contract administrator is responsible for managing and overseeing the contractual agreements between two or more parties. This occupation involves reviewing and negotiating contracts, ensuring compliance with legal and regulatory requirements, and resolving any disputes that may arise during the contract period. The contract administrator also maintains accurate records of all contractual documents, tracks key dates and milestones, and communicates with stakeholders to ensure smooth execution of the contracts. They play a crucial role in mitigating risks, ensuring the terms and conditions are adhered to, and facilitating effective communication between the parties involved.

Skills: Contract administration, Legal compliance, Negotiation, Dispute resolution, Risk management, Stakeholder communication
Job industry: Construction

How much does Contract Administrator make?

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


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Salary comparison to National average

Is Contract Administrator a well paid job?

Yes, our data shows that Contract Administrator 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 Contract Administrator?

High salary for Contract Administrator would be somewhere between 252,440 EUR and 332,762 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Contract Administrator 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: 229,491 EUR
Estimated Monthly Salary: 19,124 EUR
Estimated Weekly Salary: 4,413 EUR per week
Estimated Hourly Salary: 110 EUR per hour
By working as Contract Administrator a person can save up to 11,554 USD per month or 138,649 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 Contract Administrator

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 +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 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

Data as of 2025

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