General Merchandise Manager salary in Monaco

Average Yearly Salary of General Merchandise Manager in Monaco is approximately 121,344 EUR (122,207 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 Merchandise Manager do?

A General Merchandise Manager is responsible for overseeing the merchandising operations of a retail store or chain. They are in charge of developing and implementing strategies to maximize sales and profitability by effectively managing inventory, pricing, and promotions. This role involves analyzing market trends, consumer behavior, and competitor activities to make informed decisions on product assortment, pricing, and promotional activities. General Merchandise Managers collaborate with various departments such as marketing, sales, and operations to ensure effective execution of merchandising strategies. They also work closely with vendors and negotiate contracts, terms, and pricing to secure the best deals and maintain strong supplier relationships. Additionally, they monitor sales performance, conduct regular inventory audits, and make recommendations for improvements. Strong analytical, leadership, and communication skills are essential for success in this role.

Skills: General Merchandise Manager, Retail Operations, Inventory Management, Pricing Strategy, Promotional Activities, Supplier Relationship Management
Job industry: Retail

How much does General Merchandise Manager make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is General Merchandise Manager a well paid job?

No, our data shows that General Merchandise Manager is typically not a well-paid job. The salary varies based on experience. Meaning that even though General Merchandise Manager might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for General Merchandise Manager?

High salary for General Merchandise Manager would be somewhere between 133,478 EUR and 175,949 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Merchandise 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: 121,344 EUR
Estimated Monthly Salary: 10,112 EUR
Estimated Weekly Salary: 2,334 EUR per week
Estimated Hourly Salary: 58 EUR per hour
By working as General Merchandise Manager a person can save up to 2,741 USD per month or 32,889 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 Merchandise 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

Random salary:
Photo retoucher (154,149 EUR per year, pre-tax.)
Senior loss control specialist (292,071 EUR per year, pre-tax.)
Operating systems programmer (296,128 EUR per year, pre-tax.)
Cable service technician (138,111 EUR per year, pre-tax.)
Inventory control planner (188,629 EUR per year, pre-tax.)

Feedback about these results