Senior Design Engineer salary in Monaco

Average Yearly Salary of Senior Design Engineer in Monaco is approximately 363,925 EUR (363,500 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 Design Engineer do?

A senior design engineer is a highly skilled professional responsible for overseeing the design and development of complex systems, products, or structures. They work closely with cross-functional teams, including other engineers, project managers, and clients, to ensure that design specifications are met and projects are delivered on time and within budget. Senior design engineers are involved in all stages of the design process, from concept development and prototyping to testing and final production. They utilize advanced computer-aided design (CAD) software and simulation tools to create detailed technical drawings and models. Additionally, they may provide technical guidance and mentorship to junior engineers, review and approve design documentation, and collaborate with external suppliers and vendors.

Skills: Senior Design Engineer, Design Development, Project Management, CAD Software, Technical Drawing, Product Development
Job industry: Engineering

How much does Senior Design Engineer make?

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


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Salary comparison to National average

Is Senior Design Engineer a well paid job?

Yes, our data show that Senior Design Engineer is a very 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 Design Engineer?

High salary for Senior Design Engineer would be somewhere between 400,318 EUR and 527,691 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Design Engineer 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: 363,925 EUR
Estimated Monthly Salary: 30,327 EUR
Estimated Weekly Salary: 6,999 EUR per week
Estimated Hourly Salary: 175 EUR per hour
By working as Senior Design Engineer a person can save up to 22,848 USD per month or 274,182 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 Design Engineer

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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