Hr Manager salary in Monaco

Average Yearly Salary of Hr Manager in Monaco is approximately 249,787 EUR (249,495 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 Hr Manager do?

An HR Manager is responsible for overseeing all aspects of the human resources department within an organization. They play a crucial role in managing employee relations, recruitment and selection, training and development, performance management, compensation and benefits, and ensuring compliance with employment laws and regulations. HR Managers also collaborate with senior management to develop and implement HR strategies and policies that align with the company's goals and objectives. They handle employee grievances, mediate conflicts, and promote a positive work culture. Additionally, they are responsible for maintaining accurate employee records, managing payroll processes, and administering employee benefits programs. Some key skills required for this role include excellent communication and interpersonal skills, strong problem-solving abilities, knowledge of labor laws, ability to multitask and prioritize, and a strong attention to detail.

Skills: HR Manager, Human Resources, Employee Relations, Recruitment and Selection, Performance Management, Compliance
Job industry: Human resources

How much does Hr Manager make?

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


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Salary comparison to National average

Is Hr Manager a well paid job?

Yes, our data shows that Hr Manager 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 Hr Manager?

High salary for Hr Manager would be somewhere between 274,766 EUR and 362,191 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Hr 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: 249,787 EUR
Estimated Monthly Salary: 20,816 EUR
Estimated Weekly Salary: 4,804 EUR per week
Estimated Hourly Salary: 120 EUR per hour
By working as Hr Manager a person can save up to 13,348 USD per month or 160,177 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 Hr 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.

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Data as of 2025

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