Home > Salary > Monaco > Research Department Manager
A research department manager is responsible for overseeing and coordinating the activities of a research team within an organization. They play a crucial role in planning, organizing, and executing research projects to meet the organization's objectives. The manager is involved in setting research goals, developing research plans, and allocating resources effectively. They also collaborate with other departments and stakeholders to ensure research projects align with organizational needs. Additionally, they supervise the research team, providing guidance and support, and evaluating their performance. The manager stays up-to-date with industry trends and advancements, ensuring the research department remains innovative and competitive.
Estimated Yearly Salary: 329,158 EUR
Estimated Monthly Salary: 27,430 EUR
Estimated Weekly Salary: 6,330 EUR per week
Estimated Hourly Salary: 158 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,537 EUR
Estimated Weekly Salary: 6,124 EUR per week
Estimated Hourly Salary: 153 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 330,527 USD
Estimated Monthly Salary: 27,544 USD
Estimated Weekly Salary: 6,356 USD per week
Estimated Hourly Salary: 159 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: 329,158 EUR
Estimated Monthly Salary: 27,430 EUR
Estimated Weekly Salary: 6,330 EUR per week
Estimated Hourly Salary: 158 EUR per hour
By working as Research Department Manager a person can save up to 20,101 USD per month or 241,209 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 Research Department Manager
Last revision of data: 2025-01-04
Data as of 2025
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Research Department Manager salary in Monaco
Average Yearly Salary of Research Department Manager in Monaco is approximately 329,158 EUR (330,527 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 Research Department Manager do?
A research department manager is responsible for overseeing and coordinating the activities of a research team within an organization. They play a crucial role in planning, organizing, and executing research projects to meet the organization's objectives. The manager is involved in setting research goals, developing research plans, and allocating resources effectively. They also collaborate with other departments and stakeholders to ensure research projects align with organizational needs. Additionally, they supervise the research team, providing guidance and support, and evaluating their performance. The manager stays up-to-date with industry trends and advancements, ensuring the research department remains innovative and competitive.
Skills: Research management, Project coordination, Team leadership, Strategic planning, Resource allocation, Stakeholder collaboration.
Job industry: Research and development
Job industry: Research and development
How much does Research Department Manager make?
Salary details
How much does Research Department Manager make?Estimated Yearly Salary: 329,158 EUR
Estimated Monthly Salary: 27,430 EUR
Estimated Weekly Salary: 6,330 EUR per week
Estimated Hourly Salary: 158 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 318,439 EUREstimated Monthly Salary: 26,537 EUR
Estimated Weekly Salary: 6,124 EUR per week
Estimated Hourly Salary: 153 EUR per hour
Last revision of data: 2024-01-02Research Department Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 330,527 USD
Estimated Monthly Salary: 27,544 USD
Estimated Weekly Salary: 6,356 USD per week
Estimated Hourly Salary: 159 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 Research Department Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Research Department Manager in Monaco earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Research Department Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Research Department Manager in Monaco earns on average:
1.93 times the average salary (or 193% of average salary).
Is Research Department Manager a well paid job?
Yes, our data shows that Research Department 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 Research Department Manager?
High salary for Research Department Manager would be somewhere between 362,074 EUR and 477,279 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Research Department 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: 329,158 EUR
Estimated Monthly Salary: 27,430 EUR
Estimated Weekly Salary: 6,330 EUR per week
Estimated Hourly Salary: 158 EUR per hour
By working as Research Department Manager a person can save up to 20,101 USD per month or 241,209 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 Research Department Manager
France is 81,498 USD
Italy is 67,015 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:
Account director (264,869 EUR per year, pre-tax.)
Job estimator (111,365 EUR per year, pre-tax.)
Post production assistant (82,772 EUR per year, pre-tax.)
Q a technician (139,951 EUR per year, pre-tax.)
Machinist operator (70,732 EUR per year, pre-tax.)
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