Functional Analyst salary in Monaco

Average Yearly Salary of Functional Analyst in Monaco is approximately 268,146 EUR (268,761 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 Functional Analyst do?

A functional analyst is responsible for analyzing business processes and systems to identify areas for improvement and develop solutions to meet the organization's needs. They work closely with stakeholders, such as business users and IT teams, to gather requirements, document processes, and design functional specifications. The functional analyst plays a critical role in bridging the gap between business requirements and technical implementation, ensuring that the proposed solutions align with the organization's goals and objectives. They also assist in testing and quality assurance activities, providing support during system implementation and user training. Strong analytical and problem-solving skills are essential for this role, along with excellent communication and collaboration abilities.

Skills: Functional Analyst, Business Analysis, Requirements Gathering, Process Improvement, System Design, Stakeholder Management
Job industry: Information technology

How much does Functional Analyst make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Functional Analyst a well paid job?

Yes, our data shows that Functional Analyst 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 Functional Analyst?

High salary for Functional Analyst would be somewhere between 294,961 EUR and 388,812 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Functional Analyst 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: 268,146 EUR
Estimated Monthly Salary: 22,346 EUR
Estimated Weekly Salary: 5,157 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Functional Analyst a person can save up to 14,954 USD per month or 179,443 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 Functional Analyst

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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