Home > Salary > Monaco > Sr. Research Development Manager
A Senior Research and Development Manager is responsible for overseeing and managing the research and development activities within an organization. They lead a team of researchers and scientists, providing guidance and support throughout the product development process. Their main objective is to drive innovation and ensure that the company stays competitive in the market.
The Senior R&D Manager is involved in strategic planning, setting goals and objectives, and allocating resources to various projects. They collaborate with cross-functional teams, including marketing, manufacturing, and quality assurance, to ensure successful product launches. They also stay updated on industry trends and advancements, conducting market research and competitor analysis.
Estimated Yearly Salary: 442,365 EUR
Estimated Monthly Salary: 36,864 EUR
Estimated Weekly Salary: 8,507 EUR per week
Estimated Hourly Salary: 213 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 35,495 EUR
Estimated Weekly Salary: 8,191 EUR per week
Estimated Hourly Salary: 205 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 442,416 USD
Estimated Monthly Salary: 36,868 USD
Estimated Weekly Salary: 8,508 USD per week
Estimated Hourly Salary: 213 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: 442,365 EUR
Estimated Monthly Salary: 36,864 EUR
Estimated Weekly Salary: 8,507 EUR per week
Estimated Hourly Salary: 213 EUR per hour
By working as Sr. Research Development Manager a person can save up to 29,425 USD per month or 353,098 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 Sr. Research Development Manager
Last revision of data: 2025-01-04
Data as of 2025
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Sr. Research Development Manager salary in Monaco
Average Yearly Salary of Sr. Research Development Manager in Monaco is approximately 442,365 EUR (442,416 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 Sr. Research Development Manager do?
A Senior Research and Development Manager is responsible for overseeing and managing the research and development activities within an organization. They lead a team of researchers and scientists, providing guidance and support throughout the product development process. Their main objective is to drive innovation and ensure that the company stays competitive in the market.
The Senior R&D Manager is involved in strategic planning, setting goals and objectives, and allocating resources to various projects. They collaborate with cross-functional teams, including marketing, manufacturing, and quality assurance, to ensure successful product launches. They also stay updated on industry trends and advancements, conducting market research and competitor analysis.
Skills: Senior R&D Manager, Research and Development, Innovation, Product Development, Strategic Planning, Cross-functional Collaboration
Job industry: Research and development
Job industry: Research and development
How much does Sr. Research Development Manager make?
Salary details
How much does Sr. Research Development Manager make?Estimated Yearly Salary: 442,365 EUR
Estimated Monthly Salary: 36,864 EUR
Estimated Weekly Salary: 8,507 EUR per week
Estimated Hourly Salary: 213 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 425,937 EUREstimated Monthly Salary: 35,495 EUR
Estimated Weekly Salary: 8,191 EUR per week
Estimated Hourly Salary: 205 EUR per hour
Last revision of data: 2024-01-02Sr. Research Development Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 442,416 USD
Estimated Monthly Salary: 36,868 USD
Estimated Weekly Salary: 8,508 USD per week
Estimated Hourly Salary: 213 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 Sr. Research Development Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Sr. Research Development Manager in Monaco earns on average:
2.6 times the average salary (or 260% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Sr. Research Development Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Sr. Research Development Manager in Monaco earns on average:
2.6 times the average salary (or 260% of average salary).
Is Sr. Research Development Manager a well paid job?
Yes, our data show that Sr. Research Development Manager 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 Sr. Research Development Manager?
High salary for Sr. Research Development Manager would be somewhere between 486,602 EUR and 641,429 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Sr. Research Development 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: 442,365 EUR
Estimated Monthly Salary: 36,864 EUR
Estimated Weekly Salary: 8,507 EUR per week
Estimated Hourly Salary: 213 EUR per hour
By working as Sr. Research Development Manager a person can save up to 29,425 USD per month or 353,098 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 Sr. Research Development Manager
France is 108,763 USD
Italy is 89,463 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:
Electronic data interchange (edi), coordinator (139,959 EUR per year, pre-tax.)
International tax manager (313,027 EUR per year, pre-tax.)
Sterile processing supervisor (162,262 EUR per year, pre-tax.)
Medical director psychiatry (783,468 EUR per year, pre-tax.)
Associate producer filmtv (139,959 EUR per year, pre-tax.)
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