Payroll Supervisor salary in Monaco

Average Yearly Salary of Payroll Supervisor in Monaco is approximately 235,459 EUR (234,853 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 Supervisor do?

A payroll supervisor is responsible for overseeing and managing the payroll process within an organization. They ensure accurate and timely payment of wages to employees, compliance with labor laws and company policies, and maintenance of payroll records. The role involves calculating salaries, bonuses, and deductions, reviewing timesheets and attendance records, and resolving any payroll-related issues or discrepancies. Payroll supervisors also collaborate with HR departments to update employee information, implement payroll changes, and provide assistance during audits or tax filings. They must stay updated on payroll regulations and software, maintain confidentiality of sensitive data, and communicate effectively with employees regarding payroll matters.

Skills: Payroll management, Payroll processing, Payroll compliance, Payroll records, Payroll software, Employee compensation.
Job industry: Human resources

How much does Payroll Supervisor make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Payroll Supervisor a well paid job?

Yes, our data shows that Payroll Supervisor 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 Supervisor?

High salary for Payroll Supervisor would be somewhere between 259,005 EUR and 341,416 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Payroll Supervisor 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: 235,459 EUR
Estimated Monthly Salary: 19,622 EUR
Estimated Weekly Salary: 4,528 EUR per week
Estimated Hourly Salary: 113 EUR per hour
By working as Payroll Supervisor a person can save up to 12,128 USD per month or 145,535 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 Supervisor

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.

Top 10 highest salaries in Monaco

Data as of 2025

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