Home > Salary > Monaco > Payroll Clerk
A payroll clerk is responsible for the accurate and timely processing of employee salaries and wages within an organization. Their main duties include calculating and recording employees' work hours, overtime, bonuses, and deductions, ensuring compliance with labor laws and company policies. Payroll clerks also maintain employee records, prepare payroll reports, and handle any payroll-related queries or issues. They collaborate with HR departments to update employee information, such as new hires, terminations, and changes in salary or benefits. Attention to detail, strong numerical skills, and proficiency in using payroll software are essential for this role. Other key qualities include organizational skills, confidentiality, and the ability to work under strict deadlines.
Estimated Yearly Salary: 129,818 EUR
Estimated Monthly Salary: 10,818 EUR
Estimated Weekly Salary: 2,497 EUR per week
Estimated Hourly Salary: 62 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,479 EUR
Estimated Weekly Salary: 2,418 EUR per week
Estimated Hourly Salary: 60 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 130,540 USD
Estimated Monthly Salary: 10,878 USD
Estimated Weekly Salary: 2,510 USD per week
Estimated Hourly Salary: 63 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: 129,818 EUR
Estimated Monthly Salary: 10,818 EUR
Estimated Weekly Salary: 2,497 EUR per week
Estimated Hourly Salary: 62 EUR per hour
By working as Payroll Clerk a person can save up to 3,435 USD per month or 41,222 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 Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Payroll Clerk salary in Monaco
Average Yearly Salary of Payroll Clerk in Monaco is approximately 129,818 EUR (130,540 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 Clerk do?
A payroll clerk is responsible for the accurate and timely processing of employee salaries and wages within an organization. Their main duties include calculating and recording employees' work hours, overtime, bonuses, and deductions, ensuring compliance with labor laws and company policies. Payroll clerks also maintain employee records, prepare payroll reports, and handle any payroll-related queries or issues. They collaborate with HR departments to update employee information, such as new hires, terminations, and changes in salary or benefits. Attention to detail, strong numerical skills, and proficiency in using payroll software are essential for this role. Other key qualities include organizational skills, confidentiality, and the ability to work under strict deadlines.
Skills: Payroll processing, Salary calculation, Employee records, Compliance, Payroll reporting, Payroll software
Job industry: Human resources
Job industry: Human resources
How much does Payroll Clerk make?
Salary details
How much does Payroll Clerk make?Estimated Yearly Salary: 129,818 EUR
Estimated Monthly Salary: 10,818 EUR
Estimated Weekly Salary: 2,497 EUR per week
Estimated Hourly Salary: 62 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 125,753 EUREstimated Monthly Salary: 10,479 EUR
Estimated Weekly Salary: 2,418 EUR per week
Estimated Hourly Salary: 60 EUR per hour
Last revision of data: 2024-01-07Payroll Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 130,540 USD
Estimated Monthly Salary: 10,878 USD
Estimated Weekly Salary: 2,510 USD per week
Estimated Hourly Salary: 63 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
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 Payroll Clerk job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Clerk in Monaco earns on average:
0.76 times the average salary (or 76% 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 Clerk job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Clerk in Monaco earns on average:
0.76 times the average salary (or 76% of average salary).
Is Payroll Clerk a well paid job?
No, our data shows that Payroll Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Payroll Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Payroll Clerk?
High salary for Payroll Clerk would be somewhere between 142,800 EUR and 188,236 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Payroll 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: 129,818 EUR
Estimated Monthly Salary: 10,818 EUR
Estimated Weekly Salary: 2,497 EUR per week
Estimated Hourly Salary: 62 EUR per hour
By working as Payroll Clerk a person can save up to 3,435 USD per month or 41,222 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 Clerk
France is 32,027 USD
Italy is 26,461 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.)
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4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
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(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.)
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Data as of 2025Random salary:
Architect (302,213 EUR per year, pre-tax.)
Career guidance counselor (178,835 EUR per year, pre-tax.)
Courier (146,810 EUR per year, pre-tax.)
Floral manager (115,883 EUR per year, pre-tax.)
Pedodontic dental hygienist (257,591 EUR per year, pre-tax.)
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