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Design Verification Engineer salary in Monaco

Average Yearly Salary of Design Verification Engineer in Monaco is approximately 391,535 EUR (391,704 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 Verification Engineer do?

occupation personasA Design Verification Engineer is responsible for ensuring the correctness and functionality of electronic designs before they are manufactured. They work closely with the design team to develop and execute verification plans, create test cases, and perform simulations to identify and resolve any design flaws or bugs. They use various tools and methodologies to verify the design's performance, functionality, and compliance with specifications. Design Verification Engineers also analyze and interpret test results, document findings, and collaborate with cross-functional teams to improve the design process.

Skills: Design Verification Engineer, Electronic Design, Test Cases, Simulation, Bug Detection, Verification Plans
Job industry: Semiconductor


How much does Design Verification Engineer make?

Salary details
How much does Design Verification Engineer make?
Estimated Yearly Salary: 391,535 EUR
Estimated Monthly Salary: 32,628 EUR
Estimated Weekly Salary: 7,530 EUR per week
Estimated Hourly Salary: 188 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 379,287 EUR
Estimated Monthly Salary: 31,607 EUR
Estimated Weekly Salary: 7,294 EUR per week
Estimated Hourly Salary: 182 EUR per hour
Last revision of data: 2024-01-06



Design Verification Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 391,704 USD
Estimated Monthly Salary: 32,642 USD
Estimated Weekly Salary: 7,533 USD per week
Estimated Hourly Salary: 188 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Design Verification Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Design Verification Engineer in Monaco earns on average:
2.3 times the average salary (or 230% of average salary).

Is Design Verification Engineer a well paid job?

Yes, our data show that Design Verification Engineer 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 Verification Engineer?

High salary for Design Verification Engineer would be somewhere between 430,689 EUR and 567,726 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Design Verification Engineer 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: 391,535 EUR
Estimated Monthly Salary: 32,628 EUR
Estimated Weekly Salary: 7,530 EUR per week
Estimated Hourly Salary: 188 EUR per hour
By working as Design Verification Engineer a person can save up to 25,199 USD per month or 302,386 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 Verification Engineer

France is 97,001 USDdown arrow 75%
Details on Design Verification Engineer salary in France
Italy is 79,737 USDdown arrow 80%
Details on Design Verification Engineer salary in Italy
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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