Home > Salary > Monaco > Contracts Manager
A contracts manager is responsible for overseeing the entire contract lifecycle within an organization. They play a crucial role in negotiating, drafting, reviewing, and finalizing contracts with clients, vendors, and other stakeholders. Their primary objective is to ensure that all contractual agreements align with legal requirements, company policies, and mitigate any potential risks. Contracts managers collaborate closely with various departments, including legal, sales, procurement, and finance, to ensure contracts are executed efficiently and effectively. They also maintain a database of contracts, monitor performance, and enforce compliance throughout the contract duration. Strong analytical, negotiation, and communication skills are essential for this role, as well as attention to detail and the ability to manage multiple contracts simultaneously.
Estimated Yearly Salary: 311,454 EUR
Estimated Monthly Salary: 25,955 EUR
Estimated Weekly Salary: 5,990 EUR per week
Estimated Hourly Salary: 150 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,015 EUR
Estimated Weekly Salary: 5,773 EUR per week
Estimated Hourly Salary: 144 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 311,760 USD
Estimated Monthly Salary: 25,980 USD
Estimated Weekly Salary: 5,995 USD per week
Estimated Hourly Salary: 150 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: 311,454 EUR
Estimated Monthly Salary: 25,955 EUR
Estimated Weekly Salary: 5,990 EUR per week
Estimated Hourly Salary: 150 EUR per hour
By working as Contracts Manager a person can save up to 18,537 USD per month or 222,442 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 Contracts Manager
Last revision of data: 2025-01-04
Data as of 2025
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Contracts Manager salary in Monaco
Average Yearly Salary of Contracts Manager in Monaco is approximately 311,454 EUR (311,760 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 Contracts Manager do?
A contracts manager is responsible for overseeing the entire contract lifecycle within an organization. They play a crucial role in negotiating, drafting, reviewing, and finalizing contracts with clients, vendors, and other stakeholders. Their primary objective is to ensure that all contractual agreements align with legal requirements, company policies, and mitigate any potential risks. Contracts managers collaborate closely with various departments, including legal, sales, procurement, and finance, to ensure contracts are executed efficiently and effectively. They also maintain a database of contracts, monitor performance, and enforce compliance throughout the contract duration. Strong analytical, negotiation, and communication skills are essential for this role, as well as attention to detail and the ability to manage multiple contracts simultaneously.
Skills: Contracts Management, Legal Compliance, Negotiation, Risk Mitigation, Contract Lifecycle, Communication Skills
Job industry: Construction
Job industry: Construction
How much does Contracts Manager make?
Salary details
How much does Contracts Manager make?Estimated Yearly Salary: 311,454 EUR
Estimated Monthly Salary: 25,955 EUR
Estimated Weekly Salary: 5,990 EUR per week
Estimated Hourly Salary: 150 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 300,184 EUREstimated Monthly Salary: 25,015 EUR
Estimated Weekly Salary: 5,773 EUR per week
Estimated Hourly Salary: 144 EUR per hour
Last revision of data: 2024-01-05Contracts Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 311,760 USD
Estimated Monthly Salary: 25,980 USD
Estimated Weekly Salary: 5,995 USD per week
Estimated Hourly Salary: 150 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 Contracts Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Contracts Manager in Monaco earns on average:
1.83 times the average salary (or 183% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Contracts Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Contracts Manager in Monaco earns on average:
1.83 times the average salary (or 183% of average salary).
Is Contracts Manager a well paid job?
Yes, our data shows that Contracts 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 Contracts Manager?
High salary for Contracts Manager would be somewhere between 342,599 EUR and 451,608 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Contracts 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: 311,454 EUR
Estimated Monthly Salary: 25,955 EUR
Estimated Weekly Salary: 5,990 EUR per week
Estimated Hourly Salary: 150 EUR per hour
By working as Contracts Manager a person can save up to 18,537 USD per month or 222,442 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 Contracts Manager
France is 76,535 USD
Italy is 62,814 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.)
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Data as of 2025Random salary:
Senior budget analyst (269,760 EUR per year, pre-tax.)
Construction equipment mechanic (182,059 EUR per year, pre-tax.)
Laboratory tester oil (125,753 EUR per year, pre-tax.)
President coo (612,538 EUR per year, pre-tax.)
Account payable associate (99,326 EUR per year, pre-tax.)
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