Home > Salary > Monaco > Payroll Benefits Manager
A payroll benefits manager is responsible for overseeing the administration of employee benefits and ensuring accurate and timely payroll processing. They play a crucial role in managing employee compensation packages, including retirement plans, health insurance, vacation and sick leave, and other perks. Their main duties involve maintaining employee records, analyzing benefit options, coordinating with insurance providers, and resolving any issues related to payroll or benefits. Additionally, they may handle tax reporting, compliance with labor laws, and implementing new benefit programs. This occupation requires strong attention to detail, excellent organizational skills, and proficiency in payroll software and HR systems. Effective communication and problem-solving abilities are essential for addressing employee inquiries and concerns. Overall, a payroll benefits manager plays a vital role in ensuring employee satisfaction and compliance with legal requirements.
Estimated Yearly Salary: 265,658 EUR
Estimated Monthly Salary: 22,138 EUR
Estimated Weekly Salary: 5,109 EUR per week
Estimated Hourly Salary: 128 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,466 EUR
Estimated Weekly Salary: 4,954 EUR per week
Estimated Hourly Salary: 124 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 265,949 USD
Estimated Monthly Salary: 22,162 USD
Estimated Weekly Salary: 5,114 USD per week
Estimated Hourly Salary: 128 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 265,658 EUR
Estimated Monthly Salary: 22,138 EUR
Estimated Weekly Salary: 5,109 EUR per week
Estimated Hourly Salary: 128 EUR per hour
By working as Payroll Benefits Manager a person can save up to 14,719 USD per month or 176,631 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 Payroll Benefits Manager
Last revision of data: 2025-01-04
Data as of 2025
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Payroll Benefits Manager salary in Monaco
Average Yearly Salary of Payroll Benefits Manager in Monaco is approximately 265,658 EUR (265,949 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 Payroll Benefits Manager do?
A payroll benefits manager is responsible for overseeing the administration of employee benefits and ensuring accurate and timely payroll processing. They play a crucial role in managing employee compensation packages, including retirement plans, health insurance, vacation and sick leave, and other perks. Their main duties involve maintaining employee records, analyzing benefit options, coordinating with insurance providers, and resolving any issues related to payroll or benefits. Additionally, they may handle tax reporting, compliance with labor laws, and implementing new benefit programs. This occupation requires strong attention to detail, excellent organizational skills, and proficiency in payroll software and HR systems. Effective communication and problem-solving abilities are essential for addressing employee inquiries and concerns. Overall, a payroll benefits manager plays a vital role in ensuring employee satisfaction and compliance with legal requirements.
Skills: Payroll management, Employee benefits, HR administration, Compensation packages, Benefits coordination, Payroll processing
Job industry: Human resources
Job industry: Human resources
How much does Payroll Benefits Manager make?
Salary details
How much does Payroll Benefits Manager make?Estimated Yearly Salary: 265,658 EUR
Estimated Monthly Salary: 22,138 EUR
Estimated Weekly Salary: 5,109 EUR per week
Estimated Hourly Salary: 128 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 257,591 EUREstimated Monthly Salary: 21,466 EUR
Estimated Weekly Salary: 4,954 EUR per week
Estimated Hourly Salary: 124 EUR per hour
Last revision of data: 2024-01-02Payroll Benefits Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 265,949 USD
Estimated Monthly Salary: 22,162 USD
Estimated Weekly Salary: 5,114 USD per week
Estimated Hourly Salary: 128 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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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 Payroll Benefits Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Benefits Manager in Monaco earns on average:
1.56 times the average salary (or 156% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Payroll Benefits Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Benefits Manager in Monaco earns on average:
1.56 times the average salary (or 156% of average salary).
Is Payroll Benefits Manager a well paid job?
Yes, our data shows that Payroll Benefits 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 Payroll Benefits Manager?
High salary for Payroll Benefits Manager would be somewhere between 292,224 EUR and 385,204 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Payroll Benefits 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: 265,658 EUR
Estimated Monthly Salary: 22,138 EUR
Estimated Weekly Salary: 5,109 EUR per week
Estimated Hourly Salary: 128 EUR per hour
By working as Payroll Benefits Manager a person can save up to 14,719 USD per month or 176,631 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 Payroll Benefits Manager
France is 65,868 USD
Italy is 53,808 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
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7. Urologist
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Data as of 2025Random salary:
Tutor (133,866 EUR per year, pre-tax.)
Hr reporting analyst (159,524 EUR per year, pre-tax.)
Labor attorney (269,104 EUR per year, pre-tax.)
Elevator installer (166,912 EUR per year, pre-tax.)
National accounts specialist (117,520 EUR per year, pre-tax.)
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