Retail Department Manager salary in Monaco

Average Yearly Salary of Retail Department Manager in Monaco is approximately 115,300 EUR (115,103 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 Retail Department Manager do?

A retail department manager is responsible for overseeing the operations of a specific department within a retail store. They are in charge of managing staff, ensuring customer satisfaction, and achieving sales targets. Their duties include hiring and training employees, creating work schedules, monitoring inventory levels, and implementing marketing strategies to drive sales. Additionally, they handle customer complaints, resolve conflicts, and maintain a clean and organized department. Retail department managers play a vital role in maximizing profitability and maintaining a positive shopping experience for customers.

Skills: Retail management, Department supervision, Sales targets, Customer service, Inventory management, Staff training
Job industry: Retail

How much does Retail Department Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Retail Department Manager a well paid job?

No, our data shows that Retail Department Manager is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Department Manager might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Retail Department Manager?

High salary for Retail Department Manager would be somewhere between 126,830 EUR and 167,185 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retail 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: 115,300 EUR
Estimated Monthly Salary: 9,608 EUR
Estimated Weekly Salary: 2,217 EUR per week
Estimated Hourly Salary: 55 EUR per hour
By working as Retail Department Manager a person can save up to 2,149 USD per month or 25,785 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 Retail Department Manager

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.

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Data as of 2025

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