General Manager Machine Shop salary in Monaco

Average Yearly Salary of General Manager Machine Shop in Monaco is approximately 271,449 EUR (271,798 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 General Manager Machine Shop do?

A General Manager of a machine shop is responsible for overseeing all aspects of the shop's operations. They are in charge of managing the day-to-day activities, ensuring production goals are met, and maintaining quality standards. The General Manager is responsible for hiring and training staff, developing and implementing operational policies and procedures, and managing the budget. They collaborate with other departments to coordinate workflow and ensure customer satisfaction. Additionally, they are responsible for sourcing and purchasing materials, equipment, and supplies, as well as maintaining relationships with vendors and suppliers. The General Manager also plays a crucial role in identifying opportunities for improvement, implementing cost-saving measures, and staying updated on industry trends and technological advancements.

Skills: General Manager, Machine Shop, Operations Management, Staff Training, Budget Management, Customer Satisfaction.
Job industry: Manufacturing

How much does General Manager Machine Shop make?

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


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Salary comparison to National average

Is General Manager Machine Shop a well paid job?

Yes, our data shows that General Manager Machine Shop 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 General Manager Machine Shop?

High salary for General Manager Machine Shop would be somewhere between 298,594 EUR and 393,601 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Manager Machine Shop 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: 271,449 EUR
Estimated Monthly Salary: 22,621 EUR
Estimated Weekly Salary: 5,220 EUR per week
Estimated Hourly Salary: 131 EUR per hour
By working as General Manager Machine Shop a person can save up to 15,207 USD per month or 182,480 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 General Manager Machine Shop

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.

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Data as of 2025

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