It Business Development Manager salary in Monaco

Average Yearly Salary of It Business Development Manager in Monaco is approximately 308,103 EUR (309,748 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 It Business Development Manager do?

The occupation of an IT Business Development Manager involves identifying and acquiring new business opportunities within the IT industry. They are responsible for developing and implementing strategies to increase sales, expand the customer base, and achieve revenue targets. This role requires a strong understanding of the IT market, emerging technologies, and client needs. The IT Business Development Manager is also responsible for building and maintaining relationships with clients, negotiating contracts, and collaborating with internal teams to ensure customer satisfaction. They must possess excellent communication and presentation skills, as well as the ability to analyze market trends and competitor activities.

Skills: IT industry, business development, sales, customer acquisition, relationship management, strategic planning
Job industry: Information technology

How much does It Business Development 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 It Business Development Manager a well paid job?

Yes, our data shows that It Business Development 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 It Business Development Manager?

High salary for It Business Development Manager would be somewhere between 338,913 EUR and 446,749 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as It Business Development 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: 308,103 EUR
Estimated Monthly Salary: 25,675 EUR
Estimated Weekly Salary: 5,925 EUR per week
Estimated Hourly Salary: 148 EUR per hour
By working as It Business Development Manager a person can save up to 18,369 USD per month or 220,430 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 It Business Development 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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