Global Compensation Benefits Director salary in Monaco

Average Yearly Salary of Global Compensation Benefits Director in Monaco is approximately 553,401 EUR (553,022 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 Global Compensation Benefits Director do?

The occupation of a Global Compensation Benefits Director involves overseeing and managing the compensation and benefits programs for a multinational organization. This role requires developing and implementing global strategies to attract, retain, and motivate employees by ensuring competitive and equitable compensation packages. The Global Compensation Benefits Director collaborates with HR teams across different regions to design and administer compensation structures, including salary benchmarking, bonus plans, and stock options. They are responsible for analyzing market trends and conducting regular audits to ensure compliance with local regulations and internal policies. Additionally, they provide guidance on employee benefits, such as health insurance, retirement plans, and wellness programs, to align with company objectives and promote employee well-being. This role plays a crucial part in driving employee engagement and maintaining a strong employer brand.

Skills: Global Compensation, Benefits Director, Compensation Programs, Employee Benefits, HR Strategy, Multinational Organization.
Job industry: Human resources

How much does Global Compensation Benefits Director make?

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


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Salary comparison to National average

Is Global Compensation Benefits Director a well paid job?

Yes, our data show that Global Compensation Benefits Director 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 Global Compensation Benefits Director?

High salary for Global Compensation Benefits Director would be somewhere between 608,741 EUR and 802,431 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Global Compensation Benefits Director 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: 553,401 EUR
Estimated Monthly Salary: 46,117 EUR
Estimated Weekly Salary: 10,642 EUR per week
Estimated Hourly Salary: 266 EUR per hour
By working as Global Compensation Benefits Director a person can save up to 38,642 USD per month or 463,704 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 Global Compensation Benefits Director

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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