Home > Salary > Monaco > Market Development Representative
A Market Development Representative (MDR) is responsible for identifying and qualifying potential customers for a company's products or services. They play a crucial role in the sales process by researching and prospecting leads, conducting outreach campaigns, and setting up meetings or demos with qualified prospects. MDRs work closely with the marketing and sales teams to develop strategies that generate new business opportunities and expand market reach. They also gather feedback from customers and prospects to help refine sales and marketing strategies.
Estimated Yearly Salary: 172,651 EUR
Estimated Monthly Salary: 14,388 EUR
Estimated Weekly Salary: 3,320 EUR per week
Estimated Hourly Salary: 83 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,860 EUR
Estimated Weekly Salary: 3,198 EUR per week
Estimated Hourly Salary: 80 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 171,716 USD
Estimated Monthly Salary: 14,310 USD
Estimated Weekly Salary: 3,302 USD per week
Estimated Hourly Salary: 83 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 172,651 EUR
Estimated Monthly Salary: 14,388 EUR
Estimated Weekly Salary: 3,320 EUR per week
Estimated Hourly Salary: 83 EUR per hour
By working as Market Development Representative a person can save up to 6,866 USD per month or 82,398 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.
Estimated Yearly Salary for Market Development Representative
Last revision of data: 2025-01-04
Data as of 2025
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Market Development Representative salary in Monaco
Average Yearly Salary of Market Development Representative in Monaco is approximately 172,651 EUR (171,716 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 Market Development Representative do?
A Market Development Representative (MDR) is responsible for identifying and qualifying potential customers for a company's products or services. They play a crucial role in the sales process by researching and prospecting leads, conducting outreach campaigns, and setting up meetings or demos with qualified prospects. MDRs work closely with the marketing and sales teams to develop strategies that generate new business opportunities and expand market reach. They also gather feedback from customers and prospects to help refine sales and marketing strategies.
Skills: Market Development, Sales Prospecting, Lead Generation, Customer Outreach, Sales Support, Business Development
Job industry: Sales
Job industry: Sales
How much does Market Development Representative make?
Salary details
How much does Market Development Representative make?Estimated Yearly Salary: 172,651 EUR
Estimated Monthly Salary: 14,388 EUR
Estimated Weekly Salary: 3,320 EUR per week
Estimated Hourly Salary: 83 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 166,318 EUREstimated Monthly Salary: 13,860 EUR
Estimated Weekly Salary: 3,198 EUR per week
Estimated Hourly Salary: 80 EUR per hour
Last revision of data: 2024-01-03Market Development Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 171,716 USD
Estimated Monthly Salary: 14,310 USD
Estimated Weekly Salary: 3,302 USD per week
Estimated Hourly Salary: 83 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Market Development Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Market Development Representative in Monaco earns on average:
1.01 times the average salary (or 101% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Market Development Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Market Development Representative in Monaco earns on average:
1.01 times the average salary (or 101% of average salary).
Is Market Development Representative a well paid job?
Yes, our data show that Market Development Representative 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 Market Development Representative?
High salary for Market Development Representative would be somewhere between 189,916 EUR and 250,344 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Market Development Representative 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: 172,651 EUR
Estimated Monthly Salary: 14,388 EUR
Estimated Weekly Salary: 3,320 EUR per week
Estimated Hourly Salary: 83 EUR per hour
By working as Market Development Representative a person can save up to 6,866 USD per month or 82,398 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 Market Development Representative
France is 42,350 USD
Italy is 34,896 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Fire breather (149,880 EUR per year, pre-tax.)
Game audio engineer (259,023 EUR per year, pre-tax.)
Laboratory clerk (70,732 EUR per year, pre-tax.)
Speech-language pathology supervisor (230,255 EUR per year, pre-tax.)
Pay-per-click (ppc), professional (158,205 EUR per year, pre-tax.)
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