Home > Salary > Monaco > Senior Managing Director
A senior managing director is a high-level executive responsible for overseeing and managing the operations of a company or organization. They hold a key leadership role, typically reporting directly to the CEO or board of directors. Their primary responsibilities include developing and implementing strategic plans, setting goals and objectives, and ensuring the overall success of the organization.
Senior managing directors are involved in decision-making processes, establishing policies and procedures, and managing budgets and resources. They play a crucial role in building and maintaining relationships with key stakeholders, such as clients, investors, and regulatory bodies. Additionally, they provide guidance and support to department heads and teams, ensuring effective communication and collaboration across the organization.
Estimated Yearly Salary: 543,791 EUR
Estimated Monthly Salary: 45,316 EUR
Estimated Weekly Salary: 10,458 EUR per week
Estimated Hourly Salary: 261 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 43,946 EUR
Estimated Weekly Salary: 10,141 EUR per week
Estimated Hourly Salary: 254 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 544,912 USD
Estimated Monthly Salary: 45,409 USD
Estimated Weekly Salary: 10,479 USD per week
Estimated Hourly Salary: 262 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: 543,791 EUR
Estimated Monthly Salary: 45,316 EUR
Estimated Weekly Salary: 10,458 EUR per week
Estimated Hourly Salary: 261 EUR per hour
By working as Senior Managing Director a person can save up to 37,966 USD per month or 455,594 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 Managing Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
High school principal (272,510 EUR per year, pre-tax.)
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Senior Managing Director salary in Monaco
Average Yearly Salary of Senior Managing Director in Monaco is approximately 543,791 EUR (544,912 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 Managing Director do?
A senior managing director is a high-level executive responsible for overseeing and managing the operations of a company or organization. They hold a key leadership role, typically reporting directly to the CEO or board of directors. Their primary responsibilities include developing and implementing strategic plans, setting goals and objectives, and ensuring the overall success of the organization.
Senior managing directors are involved in decision-making processes, establishing policies and procedures, and managing budgets and resources. They play a crucial role in building and maintaining relationships with key stakeholders, such as clients, investors, and regulatory bodies. Additionally, they provide guidance and support to department heads and teams, ensuring effective communication and collaboration across the organization.
Skills: Senior Managing Director, Executive Leadership, Strategic Planning, Operations Management, Stakeholder Engagement, Decision Making
Job industry: Finance
Job industry: Finance
How much does Senior Managing Director make?
Salary details
How much does Senior Managing Director make?Estimated Yearly Salary: 543,791 EUR
Estimated Monthly Salary: 45,316 EUR
Estimated Weekly Salary: 10,458 EUR per week
Estimated Hourly Salary: 261 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 527,351 EUREstimated Monthly Salary: 43,946 EUR
Estimated Weekly Salary: 10,141 EUR per week
Estimated Hourly Salary: 254 EUR per hour
Last revision of data: 2024-01-07Senior Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 544,912 USD
Estimated Monthly Salary: 45,409 USD
Estimated Weekly Salary: 10,479 USD per week
Estimated Hourly Salary: 262 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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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 Managing Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Managing Director in Monaco earns on average:
3.19 times the average salary (or 319% 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 Managing Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Managing Director in Monaco earns on average:
3.19 times the average salary (or 319% of average salary).
Is Senior Managing Director a well paid job?
Yes, our data show that Senior Managing Director 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 Managing Director?
High salary for Senior Managing Director would be somewhere between 598,170 EUR and 788,497 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Managing Director 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: 543,791 EUR
Estimated Monthly Salary: 45,316 EUR
Estimated Weekly Salary: 10,458 EUR per week
Estimated Hourly Salary: 261 EUR per hour
By working as Senior Managing Director a person can save up to 37,966 USD per month or 455,594 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 Managing Director
France is 134,128 USD
Italy is 110,413 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.)
(1,564,314 EUR per year, pre-tax.)
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.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
High school principal (272,510 EUR per year, pre-tax.)
Security consultant (physical personnel grounds) (214,602 EUR per year, pre-tax.)
Preschool teacher (but not special education) (80,050 EUR per year, pre-tax.)
Medical social worker (204,855 EUR per year, pre-tax.)
Group account director (412,172 EUR per year, pre-tax.)
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