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Human Resources Manager salary in Monaco

Average Yearly Salary of Human Resources Manager in Monaco is approximately 265,589 EUR (267,472 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 Human Resources Manager do?

occupation personasA Human Resources Manager is responsible for overseeing all aspects of the HR department within an organization. They play a crucial role in managing employee relations, recruitment and hiring, training and development, compensation and benefits, and ensuring compliance with labor laws and regulations. HR Managers also handle performance management, employee engagement, and conflict resolution. They work closely with senior management to develop HR policies and strategies that align with the organization's goals and objectives. Additionally, HR Managers maintain employee records, administer payroll, and provide guidance on HR best practices.

Skills: Human Resources, Recruitment, Employee Relations, Training and Development, Compensation and Benefits, Compliance
Job industry: Human resources


How much does Human Resources Manager make?

Salary details
How much does Human Resources Manager make?
Estimated Yearly Salary: 265,589 EUR
Estimated Monthly Salary: 22,132 EUR
Estimated Weekly Salary: 5,107 EUR per week
Estimated Hourly Salary: 128 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 257,591 EUR
Estimated Monthly Salary: 21,466 EUR
Estimated Weekly Salary: 4,954 EUR per week
Estimated Hourly Salary: 124 EUR per hour
Last revision of data: 2024-01-08



Human Resources Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 267,472 USD
Estimated Monthly Salary: 22,289 USD
Estimated Weekly Salary: 5,144 USD per week
Estimated Hourly Salary: 129 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Human Resources Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Human Resources Manager in Monaco earns on average:
1.56 times the average salary (or 156% of average salary).

Is Human Resources Manager a well paid job?

Yes, our data shows that Human Resources 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 Human Resources Manager?

High salary for Human Resources Manager would be somewhere between 292,148 EUR and 385,104 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Human Resources 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: 265,589 EUR
Estimated Monthly Salary: 22,132 EUR
Estimated Weekly Salary: 5,107 EUR per week
Estimated Hourly Salary: 128 EUR per hour
By working as Human Resources Manager a person can save up to 14,846 USD per month or 178,154 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 Human Resources Manager

France is 65,511 USDdown arrow 76%
Details on Human Resources Manager salary in France
Italy is 54,195 USDdown arrow 80%
Details on Human Resources Manager salary in Italy
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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All salary data on optisalary.com are for informational use only. We compile data from numerous reliable databases, yet do not guarantee complete accuracy. Before making career decisions, visitors should consult external verified sources. Salaries change due to several factors, including economic conditions, job market trends, and geographic location. We disclaim any responsibility for errors in the salary estimates provided here. Your engagement with optisalary.com indicates agreement of this policy.