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It Engineering Manager salary in Monaco

Average Yearly Salary of It Engineering Manager in Monaco is approximately 467,691 EUR (465,314 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 Engineering Manager do?

occupation personasAn IT Engineering Manager is responsible for overseeing the technical aspects of an organization's IT infrastructure and systems. They lead a team of IT professionals, ensuring the smooth operation of networks, servers, software applications, and other technology-related resources. The role involves planning and implementing IT strategies, managing projects, and coordinating with various stakeholders to meet business objectives. IT Engineering Managers also provide guidance and support to their team members, assisting in problem-solving, troubleshooting, and ensuring the timely delivery of IT projects. They stay updated with the latest technology trends, evaluate new tools and technologies, and make recommendations for improvements. Effective communication, leadership, and problem-solving skills are crucial for this role.

Skills: IT Engineering Manager, IT Infrastructure, Technical Leadership, Project Management, Team Management, Technology Trends.
Job industry: Information technology


How much does It Engineering Manager make?

Salary details
How much does It Engineering Manager make?
Estimated Yearly Salary: 467,691 EUR
Estimated Monthly Salary: 38,974 EUR
Estimated Weekly Salary: 8,994 EUR per week
Estimated Hourly Salary: 225 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 450,276 EUR
Estimated Monthly Salary: 37,523 EUR
Estimated Weekly Salary: 8,659 EUR per week
Estimated Hourly Salary: 216 EUR per hour
Last revision of data: 2024-01-03



It Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 465,314 USD
Estimated Monthly Salary: 38,776 USD
Estimated Weekly Salary: 8,948 USD per week
Estimated Hourly Salary: 224 USD per hour


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

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 It Engineering Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as It Engineering Manager in Monaco earns on average:
2.75 times the average salary (or 275% of average salary).

Is It Engineering Manager a well paid job?

Yes, our data show that It Engineering Manager 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 It Engineering Manager?

High salary for It Engineering Manager would be somewhere between 514,460 EUR and 678,152 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as It Engineering 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: 467,691 EUR
Estimated Monthly Salary: 38,974 EUR
Estimated Weekly Salary: 8,994 EUR per week
Estimated Hourly Salary: 225 EUR per hour
By working as It Engineering Manager a person can save up to 31,333 USD per month or 375,996 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 Engineering Manager

France is 114,673 USDdown arrow 75%
Details on It Engineering Manager salary in France
Italy is 94,777 USDdown arrow 80%
Details on It Engineering 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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