Home > Salary > Monaco > Senior Contracts Specialist
A senior contracts specialist is a professional responsible for managing and overseeing the contract process within an organization. They play a crucial role in negotiating, reviewing, and finalizing contracts with clients, vendors, and other stakeholders. This occupation requires a deep understanding of legal and business principles to ensure compliance and mitigate risks.
The duties of a senior contracts specialist include drafting and negotiating contract terms, ensuring adherence to company policies and legal requirements, conducting contract reviews and analysis, resolving contract disputes, and maintaining contract databases. They collaborate closely with various departments, such as legal, finance, and procurement, to ensure smooth contract execution.
Estimated Yearly Salary: 309,480 EUR
Estimated Monthly Salary: 25,790 EUR
Estimated Weekly Salary: 5,952 EUR per week
Estimated Hourly Salary: 149 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 24,846 EUR
Estimated Weekly Salary: 5,734 EUR per week
Estimated Hourly Salary: 143 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 308,519 USD
Estimated Monthly Salary: 25,710 USD
Estimated Weekly Salary: 5,933 USD per week
Estimated Hourly Salary: 148 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: 309,480 EUR
Estimated Monthly Salary: 25,790 EUR
Estimated Weekly Salary: 5,952 EUR per week
Estimated Hourly Salary: 149 EUR per hour
By working as Senior Contracts Specialist a person can save up to 18,267 USD per month or 219,201 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 Senior Contracts Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Senior Contracts Specialist salary in Monaco
Average Yearly Salary of Senior Contracts Specialist in Monaco is approximately 309,480 EUR (308,519 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 Senior Contracts Specialist do?
A senior contracts specialist is a professional responsible for managing and overseeing the contract process within an organization. They play a crucial role in negotiating, reviewing, and finalizing contracts with clients, vendors, and other stakeholders. This occupation requires a deep understanding of legal and business principles to ensure compliance and mitigate risks.
The duties of a senior contracts specialist include drafting and negotiating contract terms, ensuring adherence to company policies and legal requirements, conducting contract reviews and analysis, resolving contract disputes, and maintaining contract databases. They collaborate closely with various departments, such as legal, finance, and procurement, to ensure smooth contract execution.
Skills: Senior Contracts Specialist, Contract Management, Negotiation, Legal Compliance, Risk Mitigation, Contract Analysis
Job industry: Legal
Job industry: Legal
How much does Senior Contracts Specialist make?
Salary details
How much does Senior Contracts Specialist make?Estimated Yearly Salary: 309,480 EUR
Estimated Monthly Salary: 25,790 EUR
Estimated Weekly Salary: 5,952 EUR per week
Estimated Hourly Salary: 149 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 298,156 EUREstimated Monthly Salary: 24,846 EUR
Estimated Weekly Salary: 5,734 EUR per week
Estimated Hourly Salary: 143 EUR per hour
Last revision of data: 2024-01-03Senior Contracts Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 308,519 USD
Estimated Monthly Salary: 25,710 USD
Estimated Weekly Salary: 5,933 USD per week
Estimated Hourly Salary: 148 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
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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 Senior Contracts Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Contracts Specialist in Monaco earns on average:
1.82 times the average salary (or 182% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Senior Contracts Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Contracts Specialist in Monaco earns on average:
1.82 times the average salary (or 182% of average salary).
Is Senior Contracts Specialist a well paid job?
Yes, our data shows that Senior Contracts Specialist 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 Senior Contracts Specialist?
High salary for Senior Contracts Specialist would be somewhere between 340,428 EUR and 448,746 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Contracts Specialist 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: 309,480 EUR
Estimated Monthly Salary: 25,790 EUR
Estimated Weekly Salary: 5,952 EUR per week
Estimated Hourly Salary: 149 EUR per hour
By working as Senior Contracts Specialist a person can save up to 18,267 USD per month or 219,201 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 Senior Contracts Specialist
France is 75,767 USD
Italy is 62,672 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.)
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7. Urologist
(1,478,011 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Crane operator (190,536 EUR per year, pre-tax.)
Area sales manager (177,582 EUR per year, pre-tax.)
Brokerfloor representative (132,434 EUR per year, pre-tax.)
Bank auditor (245,421 EUR per year, pre-tax.)
Program analyst it (302,933 EUR per year, pre-tax.)
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