Home > Salary > Monaco > Retail Manager
A retail manager is responsible for overseeing the operations of a retail store or department. They are in charge of managing staff, ensuring customer satisfaction, and driving sales. Their responsibilities include hiring and training employees, setting sales targets, monitoring inventory levels, and implementing marketing strategies. A retail manager must have excellent leadership and communication skills to effectively manage a team and provide exceptional customer service. They need to be knowledgeable about the products or services being sold and stay up-to-date with industry trends. Additionally, they must possess strong problem-solving abilities to address any issues that may arise within the store. A successful retail manager is results-driven, organized, and able to multitask effectively.
Estimated Yearly Salary: 178,009 EUR
Estimated Monthly Salary: 14,834 EUR
Estimated Weekly Salary: 3,423 EUR per week
Estimated Hourly Salary: 86 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,367 EUR
Estimated Weekly Salary: 3,315 EUR per week
Estimated Hourly Salary: 83 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 177,926 USD
Estimated Monthly Salary: 14,827 USD
Estimated Weekly Salary: 3,422 USD per week
Estimated Hourly Salary: 86 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: 178,009 EUR
Estimated Monthly Salary: 14,834 EUR
Estimated Weekly Salary: 3,423 EUR per week
Estimated Hourly Salary: 86 EUR per hour
By working as Retail Manager a person can save up to 7,384 USD per month or 88,608 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 Retail Manager
Last revision of data: 2025-01-04
Data as of 2025
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Retail Manager salary in Monaco
Average Yearly Salary of Retail Manager in Monaco is approximately 178,009 EUR (177,926 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 Manager do?
A retail manager is responsible for overseeing the operations of a retail store or department. They are in charge of managing staff, ensuring customer satisfaction, and driving sales. Their responsibilities include hiring and training employees, setting sales targets, monitoring inventory levels, and implementing marketing strategies. A retail manager must have excellent leadership and communication skills to effectively manage a team and provide exceptional customer service. They need to be knowledgeable about the products or services being sold and stay up-to-date with industry trends. Additionally, they must possess strong problem-solving abilities to address any issues that may arise within the store. A successful retail manager is results-driven, organized, and able to multitask effectively.
Skills: Retail management, Store operations, Customer satisfaction, Sales management, Inventory control, Team leadership
Job industry: Retail
Job industry: Retail
How much does Retail Manager make?
Salary details
How much does Retail Manager make?Estimated Yearly Salary: 178,009 EUR
Estimated Monthly Salary: 14,834 EUR
Estimated Weekly Salary: 3,423 EUR per week
Estimated Hourly Salary: 86 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 172,403 EUREstimated Monthly Salary: 14,367 EUR
Estimated Weekly Salary: 3,315 EUR per week
Estimated Hourly Salary: 83 EUR per hour
Last revision of data: 2024-01-02Retail Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 177,926 USD
Estimated Monthly Salary: 14,827 USD
Estimated Weekly Salary: 3,422 USD per week
Estimated Hourly Salary: 86 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 Retail Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Retail Manager in Monaco earns on average:
1.05 times the average salary (or 105% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Retail Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Retail Manager in Monaco earns on average:
1.05 times the average salary (or 105% of average salary).
Is Retail Manager a well paid job?
Yes, our data show that Retail Manager 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 Retail Manager?
High salary for Retail Manager would be somewhere between 195,810 EUR and 258,113 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail 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: 178,009 EUR
Estimated Monthly Salary: 14,834 EUR
Estimated Weekly Salary: 3,423 EUR per week
Estimated Hourly Salary: 86 EUR per hour
By working as Retail Manager a person can save up to 7,384 USD per month or 88,608 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 Manager
France is 43,871 USD
Italy is 36,280 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.)
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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.)
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Data as of 2025Random salary:
Marriage and family therapist (194,714 EUR per year, pre-tax.)
Loan officer commercial (278,284 EUR per year, pre-tax.)
Sales audit clerk (93,307 EUR per year, pre-tax.)
Lead medical assistant (138,544 EUR per year, pre-tax.)
Kyc analyst (239,157 EUR per year, pre-tax.)
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