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New Accounts Clerk salary in Monaco

Average Yearly Salary of New Accounts Clerk in Monaco is approximately 106,889 EUR (107,445 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 New Accounts Clerk do?

occupation personasA new accounts clerk is responsible for managing and maintaining the financial records of a company's new clients or customers. They play a crucial role in ensuring accurate and up-to-date information regarding account balances, payments, and transactions. This occupation involves a variety of tasks, including verifying and processing new account applications, setting up customer profiles, reconciling discrepancies, and providing support to both internal teams and external clients. The primary responsibilities of a new accounts clerk include data entry, record keeping, and communication with clients to address any account-related issues or inquiries. They must possess strong attention to detail, organizational skills, and proficiency in using accounting software and spreadsheets. Additionally, they must adhere to strict confidentiality protocols to protect sensitive financial information.

Skills: New accounts, Clerk, Financial records, Data entry, Account management, Customer support.
Job industry: Finance


How much does New Accounts Clerk make?

Salary details
How much does New Accounts Clerk make?
Estimated Yearly Salary: 106,889 EUR
Estimated Monthly Salary: 8,907 EUR
Estimated Weekly Salary: 2,056 EUR per week
Estimated Hourly Salary: 51 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 103,442 EUR
Estimated Monthly Salary: 8,620 EUR
Estimated Weekly Salary: 1,989 EUR per week
Estimated Hourly Salary: 50 EUR per hour
Last revision of data: 2024-01-08



New Accounts Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 107,445 USD
Estimated Monthly Salary: 8,954 USD
Estimated Weekly Salary: 2,066 USD per week
Estimated Hourly Salary: 52 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 New Accounts Clerk job salary compared to average salary in Monaco.
Comparison shows that a person working as New Accounts Clerk in Monaco earns on average:
0.63 times the average salary (or 63% of average salary).

Is New Accounts Clerk a well paid job?

No, our data shows that New Accounts Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though New Accounts Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for New Accounts Clerk?

High salary for New Accounts Clerk would be somewhere between 117,578 EUR and 154,989 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as New Accounts Clerk 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: 106,889 EUR
Estimated Monthly Salary: 8,907 EUR
Estimated Weekly Salary: 2,056 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as New Accounts Clerk a person can save up to 1,511 USD per month or 18,127 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 New Accounts Clerk

France is 26,459 USDdown arrow 75%
Details on New Accounts Clerk salary in France
Italy is 21,680 USDdown arrow 80%
Details on New Accounts Clerk 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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