Design Engineering Manager salary in Monaco

Average Yearly Salary of Design Engineering Manager in Monaco is approximately 409,706 EUR (408,827 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 Design Engineering Manager do?

A design engineering manager is responsible for overseeing and managing the design engineering team within an organization. They play a crucial role in the product development process by providing technical guidance, ensuring adherence to design standards, and managing the overall design process. This occupation requires a combination of technical expertise and leadership skills. Design engineering managers are involved in various aspects of the design process, such as concept development, prototyping, testing, and finalizing designs. They collaborate with cross-functional teams, including product managers, manufacturing engineers, and quality engineers, to ensure that designs meet customer requirements and can be efficiently manufactured. Key responsibilities of a design engineering manager include project management, resource allocation, performance evaluation, and fostering a culture of innovation within the team. They must have strong problem-solving skills, excellent communication abilities, and a deep understanding of engineering principles and design methodologies.

Skills: Design Engineering Manager, Technical Leadership, Product Development, Project Management, Innovation, Cross-functional Collaboration
Job industry: Engineering

How much does Design Engineering Manager make?

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


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Salary comparison to National average

Is Design Engineering Manager a well paid job?

Yes, our data show that Design Engineering Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Design Engineering Manager?

High salary for Design Engineering Manager would be somewhere between 450,677 EUR and 594,074 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Design Engineering 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: 409,706 EUR
Estimated Monthly Salary: 34,142 EUR
Estimated Weekly Salary: 7,879 EUR per week
Estimated Hourly Salary: 197 EUR per hour
By working as Design Engineering Manager a person can save up to 26,626 USD per month or 319,509 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 Design Engineering Manager

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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