Steelworker salary in Monaco

Average Yearly Salary of Steelworker in Monaco is approximately 144,969 EUR (145,292 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 Steelworker do?

A steelworker is a skilled laborer who works in the manufacturing industry, specifically in the production and fabrication of steel. They are responsible for operating and maintaining heavy machinery, such as blast furnaces, rolling mills, and forges, to shape and form steel into various products. Steelworkers may also be involved in tasks like welding, cutting, and assembling steel components, as well as inspecting and testing finished products for quality assurance. The occupation of a steelworker requires physical strength, dexterity, and technical knowledge of steel production processes. Safety precautions and adherence to industry regulations are essential due to the hazardous nature of the job. Steelworkers often work in shifts, including nights and weekends, in order to meet production demands. Teamwork and effective communication are crucial as they often collaborate with other workers and supervisors to ensure efficient workflow and productivity.

Skills: Steelworker, Manufacturing, Steel production, Heavy machinery, Welding, Quality assurance
Job industry: Manufacturing

How much does Steelworker make?

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


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Salary comparison to National average

Is Steelworker a well paid job?

Yes, our data show that Steelworker 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 Steelworker?

High salary for Steelworker would be somewhere between 159,466 EUR and 210,205 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Steelworker 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: 144,969 EUR
Estimated Monthly Salary: 12,081 EUR
Estimated Weekly Salary: 2,788 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Steelworker a person can save up to 4,664 USD per month or 55,974 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 Steelworker

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.

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Data as of 2025

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