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Director Of Industrial Engineering salary in Monaco

Average Yearly Salary of Director Of Industrial Engineering in Monaco is approximately 625,846 EUR (626,296 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 Director Of Industrial Engineering do?

occupation personasA Director of Industrial Engineering is responsible for overseeing and managing the industrial engineering function within an organization. They develop and implement strategies to optimize operational processes, increase productivity, and improve efficiency. This role involves analyzing production systems, identifying areas for improvement, and designing solutions to enhance workflow and reduce costs. The Director of Industrial Engineering collaborates with cross-functional teams to implement process improvements, such as implementing lean manufacturing principles or introducing automation technologies. They also monitor performance metrics, conduct data analysis, and provide recommendations for process enhancements. Additionally, a Director of Industrial Engineering may be involved in budgeting, resource allocation, and project management.

Skills: Industrial Engineering, Process Improvement, Operational Efficiency, Lean Manufacturing, Automation, Data Analysis
Job industry: Manufacturing


How much does Director Of Industrial Engineering make?

Salary details
How much does Director Of Industrial Engineering make?
Estimated Yearly Salary: 625,846 EUR
Estimated Monthly Salary: 52,154 EUR
Estimated Weekly Salary: 12,036 EUR per week
Estimated Hourly Salary: 301 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 604,425 EUR
Estimated Monthly Salary: 50,369 EUR
Estimated Weekly Salary: 11,624 EUR per week
Estimated Hourly Salary: 291 EUR per hour
Last revision of data: 2024-01-03



Director Of Industrial Engineering estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 626,296 USD
Estimated Monthly Salary: 52,191 USD
Estimated Weekly Salary: 12,044 USD per week
Estimated Hourly Salary: 301 USD per hour


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

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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 Director Of Industrial Engineering job salary compared to average salary in Monaco.
Comparison shows that a person working as Director Of Industrial Engineering in Monaco earns on average:
3.67 times the average salary (or 367% of average salary).

Is Director Of Industrial Engineering a well paid job?

Yes, our data show that Director Of Industrial Engineering 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 Director Of Industrial Engineering?

High salary for Director Of Industrial Engineering would be somewhere between 688,431 EUR and 907,477 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Industrial Engineering 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: 625,846 EUR
Estimated Monthly Salary: 52,154 EUR
Estimated Weekly Salary: 12,036 EUR per week
Estimated Hourly Salary: 301 EUR per hour
By working as Director Of Industrial Engineering a person can save up to 44,748 USD per month or 536,978 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 Director Of Industrial Engineering

France is 153,821 USDdown arrow 75%
Details on Director Of Industrial Engineering salary in France
Italy is 126,451 USDdown arrow 80%
Details on Director Of Industrial Engineering 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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The salary data presented here are intended for reference purposes solely.
This website compiles salary data for reference purposes only. While we endeavor to present accurate figures, we do not warrant their full precision. Users are strongly advised to check with other databases before making career-related plans. Salary figures fluctuate based on multiple conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the correctness of the listed information. Your access of this site indicates acceptance of this disclaimer.
This website displays salary data solely for reference use. While we strive for accuracy, we do not ensure the validity of all figures. Users should double-check salary details with official sources before making career-related plans. Salary estimates may fluctuate based on multiple factors, such as company size, negotiation tactics, and industry demand. We accept no responsibility for errors in the salary estimates provided. By accessing optisalary.com, you accept that salary data is subject to change.