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Payroll Representative salary in Monaco

Average Yearly Salary of Payroll Representative in Monaco is approximately 144,840 EUR (144,807 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 Representative do?

occupation personasA payroll representative is responsible for managing and processing employee payrolls within an organization. They ensure accurate and timely payment of salaries, wages, and benefits to employees. Their main duties include calculating hours worked, overtime, and deductions, maintaining payroll records, preparing payroll reports, and resolving any payroll-related issues or discrepancies. They also stay updated on relevant tax laws and regulations to ensure compliance.

Skills: Payroll management, Payroll processing, Salary calculation, Benefits administration, Payroll reporting, Tax compliance.
Job industry: Human resources


How much does Payroll Representative make?

Salary details
How much does Payroll Representative make?
Estimated Yearly Salary: 144,840 EUR
Estimated Monthly Salary: 12,070 EUR
Estimated Weekly Salary: 2,785 EUR per week
Estimated Hourly Salary: 70 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 139,951 EUR
Estimated Monthly Salary: 11,663 EUR
Estimated Weekly Salary: 2,691 EUR per week
Estimated Hourly Salary: 67 EUR per hour
Last revision of data: 2024-01-05



Payroll Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 144,807 USD
Estimated Monthly Salary: 12,067 USD
Estimated Weekly Salary: 2,785 USD per week
Estimated Hourly Salary: 70 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 Payroll Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Representative in Monaco earns on average:
0.85 times the average salary (or 85% of average salary).

Is Payroll Representative a well paid job?

Yes, our data show that Payroll 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 Payroll Representative?

High salary for Payroll Representative would be somewhere between 159,324 EUR and 210,018 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Payroll 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: 144,840 EUR
Estimated Monthly Salary: 12,070 EUR
Estimated Weekly Salary: 2,785 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Payroll Representative a person can save up to 4,624 USD per month or 55,489 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 Representative

France is 35,823 USDdown arrow 75%
Details on Payroll Representative salary in France
Italy is 29,273 USDdown arrow 80%
Details on Payroll Representative 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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Please note:
The salary data presented here are intended for informational purposes solely.
This website presents salary estimates for educational purposes only. While we collect data from multiple sources, we cannot guarantee absolute accuracy. Users are advised to review external organizations before making any career decisions. Salaries fluctuate due to various elements, such as market demand, employer policies, and geographic location. We make no guarantee regarding the validity of the displayed salary figures. Your use of this site confirms your acceptance of these conditions.
This website offers salary insights for informational purposes exclusively. While we gather data from multiple providers, we cannot guarantee absolute accuracy. Users are encouraged to review trusted platforms before making any career moves. Salaries fluctuate due to various factors, such as experience, industry trends, and negotiation tactics. We make no warranty regarding the validity of the displayed salary figures. Your use of this site confirms your acceptance of these terms.