Home > Salary > Monaco > Payroll Technician
A payroll technician is responsible for managing and processing the payroll functions of an organization. They ensure accurate and timely payment of employee wages, salaries, and benefits. Their main duties include calculating hours worked, deductions, and taxes, as well as maintaining payroll records and resolving any discrepancies. Payroll technicians also stay updated with labor laws and regulations to ensure compliance with payroll policies.
Estimated Yearly Salary: 145,084 EUR
Estimated Monthly Salary: 12,090 EUR
Estimated Weekly Salary: 2,790 EUR per week
Estimated Hourly Salary: 70 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
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: 2024-01-07
Estimated Yearly Salary: 144,829 USD
Estimated Monthly Salary: 12,069 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
4 %
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: 145,084 EUR
Estimated Monthly Salary: 12,090 EUR
Estimated Weekly Salary: 2,790 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Payroll Technician a person can save up to 4,626 USD per month or 55,511 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 Technician
Last revision of data: 2025-01-04
Data as of 2025
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Payroll Technician salary in Monaco
Average Yearly Salary of Payroll Technician in Monaco is approximately 145,084 EUR (144,829 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 Technician do?
A payroll technician is responsible for managing and processing the payroll functions of an organization. They ensure accurate and timely payment of employee wages, salaries, and benefits. Their main duties include calculating hours worked, deductions, and taxes, as well as maintaining payroll records and resolving any discrepancies. Payroll technicians also stay updated with labor laws and regulations to ensure compliance with payroll policies.
Skills: Payroll management, Payroll processing, Payroll administration, Payroll software, Payroll records, Compliance with labor laws
Job industry: Human resources
Job industry: Human resources
How much does Payroll Technician make?
Salary details
How much does Payroll Technician make?Estimated Yearly Salary: 145,084 EUR
Estimated Monthly Salary: 12,090 EUR
Estimated Weekly Salary: 2,790 EUR per week
Estimated Hourly Salary: 70 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 139,951 EUREstimated Monthly Salary: 11,663 EUR
Estimated Weekly Salary: 2,691 EUR per week
Estimated Hourly Salary: 67 EUR per hour
Last revision of data: 2024-01-07Payroll Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 144,829 USD
Estimated Monthly Salary: 12,069 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
4 %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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Technician job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Technician in Monaco earns on average:
0.85 times the average salary (or 85% 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 Technician job salary compared to average salary in Monaco.
Comparison shows that a person working as Payroll Technician in Monaco earns on average:
0.85 times the average salary (or 85% of average salary).
Is Payroll Technician a well paid job?
Yes, our data show that Payroll Technician 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 Technician?
High salary for Payroll Technician would be somewhere between 159,592 EUR and 210,372 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Payroll Technician 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: 145,084 EUR
Estimated Monthly Salary: 12,090 EUR
Estimated Weekly Salary: 2,790 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Payroll Technician a person can save up to 4,626 USD per month or 55,511 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 Technician
France is 35,815 USD
Italy is 29,306 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.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(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.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Laborer freight stock material mover hand (95,329 EUR per year, pre-tax.)
Physical therapy manager (230,255 EUR per year, pre-tax.)
X-ray certified dental assistant (93,307 EUR per year, pre-tax.)
Health information management (him), director (224,821 EUR per year, pre-tax.)
Laboratory officer (98,785 EUR per year, pre-tax.)
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