Nursing Home Executive Director salary in Monaco

Average Yearly Salary of Nursing Home Executive Director in Monaco is approximately 356,731 EUR (357,036 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 Nursing Home Executive Director do?

A nursing home executive director is responsible for overseeing the daily operations and management of a nursing home facility. They work closely with staff members, including nurses, administrators, and support staff, to ensure that high-quality care is provided to residents. Their duties include developing and implementing policies and procedures, managing budgets and finances, coordinating admissions and discharges, and ensuring compliance with regulations and licensing requirements. Additionally, a nursing home executive director plays a crucial role in maintaining positive relationships with residents and their families, addressing any concerns or complaints, and ensuring a safe and comfortable living environment. They may also collaborate with healthcare professionals and community organizations to enhance the quality of care and services provided.

Skills: Nursing home, Executive director, Healthcare management, Long-term care, Elderly care, Facility administration
Job industry: Healthcare

How much does Nursing Home Executive Director make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Nursing Home Executive Director a well paid job?

Yes, our data show that Nursing Home Executive Director 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 Nursing Home Executive Director?

High salary for Nursing Home Executive Director would be somewhere between 392,404 EUR and 517,260 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Nursing Home Executive Director 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: 356,731 EUR
Estimated Monthly Salary: 29,728 EUR
Estimated Weekly Salary: 6,860 EUR per week
Estimated Hourly Salary: 172 EUR per hour
By working as Nursing Home Executive Director a person can save up to 22,310 USD per month or 267,718 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 Nursing Home Executive Director

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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