Industrial Engineering Technician salary in Monaco

Average Yearly Salary of Industrial Engineering Technician in Monaco is approximately 168,004 EUR (167,793 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 Industrial Engineering Technician do?

An industrial engineering technician is responsible for assisting industrial engineers in designing, developing, and implementing efficient systems and processes within manufacturing and production settings. They work closely with engineers to analyze workflows, identify areas for improvement, and develop solutions to enhance productivity, reduce costs, and optimize resource utilization. Industrial engineering technicians also gather and analyze data, conduct time studies, create reports, and make recommendations for process improvements. They may be involved in conducting quality control tests, troubleshooting equipment issues, and ensuring compliance with safety regulations. This occupation requires strong analytical and problem-solving skills, proficiency in using computer-aided design (CAD) software and other technical tools, and the ability to collaborate effectively with cross-functional teams.

Skills: Industrial Engineering, Process Improvement, Manufacturing, Production, Efficiency, CAD
Job industry: Manufacturing

How much does Industrial Engineering Technician make?

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


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

Salary comparison to National average

Is Industrial Engineering Technician a well paid job?

Yes, our data show that Industrial Engineering Technician is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Industrial Engineering Technician?

High salary for Industrial Engineering Technician would be somewhere between 184,804 EUR and 243,606 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Industrial Engineering Technician 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: 168,004 EUR
Estimated Monthly Salary: 14,000 EUR
Estimated Weekly Salary: 3,231 EUR per week
Estimated Hourly Salary: 81 EUR per hour
By working as Industrial Engineering Technician a person can save up to 6,540 USD per month or 78,475 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 Industrial Engineering Technician

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:
Research associate biotechnology (162,533 EUR per year, pre-tax.)
Funding specialist (121,325 EUR per year, pre-tax.)
Attorney legislative counsel public affairs (221,226 EUR per year, pre-tax.)
Assistant director creative services (155,008 EUR per year, pre-tax.)
Certified mastectomy fitter (117,640 EUR per year, pre-tax.)

Feedback about these results