Residential Care Facility Administrator salary in Monaco

Average Yearly Salary of Residential Care Facility Administrator in Monaco is approximately 189,608 EUR (189,413 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 Residential Care Facility Administrator do?

A residential care facility administrator is responsible for overseeing the operations and management of a residential care facility, such as assisted living facilities, nursing homes, or retirement communities. They ensure that the facility is providing quality care and services to its residents while complying with all relevant regulations and policies. The administrator's duties include hiring and training staff, managing budgets and finances, developing and implementing policies and procedures, coordinating resident admissions and discharges, and maintaining a safe and comfortable environment for residents. They also handle resident complaints, communicate with families and healthcare professionals, and may be involved in marketing and promoting the facility. This role requires strong leadership, organizational, and communication skills, as well as knowledge of healthcare regulations and industry best practices.

Skills: Residential care facility administrator, Assisted living facility manager, Nursing home administrator, Retirement community director, Healthcare facility manager, Long-term care administrator
Job industry: Healthcare

How much does Residential Care Facility Administrator make?

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


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Salary comparison to National average

Is Residential Care Facility Administrator a well paid job?

Yes, our data show that Residential Care Facility Administrator 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 Residential Care Facility Administrator?

High salary for Residential Care Facility Administrator would be somewhere between 208,569 EUR and 274,932 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Residential Care Facility Administrator 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: 189,608 EUR
Estimated Monthly Salary: 15,801 EUR
Estimated Weekly Salary: 3,646 EUR per week
Estimated Hourly Salary: 91 EUR per hour
By working as Residential Care Facility Administrator a person can save up to 8,341 USD per month or 100,095 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 Residential Care Facility Administrator

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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