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Therapeutic Specialty Representative salary in Monaco

Average Yearly Salary of Therapeutic Specialty Representative in Monaco is approximately 347,471 EUR (349,708 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 Therapeutic Specialty Representative do?

occupation personasA therapeutic specialty representative is a professional who works in the pharmaceutical or healthcare industry to promote and sell specific therapeutic products or drugs. They are responsible for building relationships with healthcare professionals, such as doctors and pharmacists, and providing them with information about the benefits and uses of their products. These representatives often work closely with medical sales teams and marketing departments to develop strategies to increase product awareness and sales. The job requires excellent communication and interpersonal skills, as well as a strong understanding of the therapeutic products they represent. They must stay up-to-date with the latest research and developments in their field to effectively communicate the value of their products to healthcare professionals. Additionally, they may be involved in organizing and attending conferences, seminars, and product demonstrations.

Skills: Therapeutic, Specialty, Representative, Pharmaceutical, Healthcare, Sales
Job industry: Pharmaceuticals


How much does Therapeutic Specialty Representative make?

Salary details
How much does Therapeutic Specialty Representative make?
Estimated Yearly Salary: 347,471 EUR
Estimated Monthly Salary: 28,956 EUR
Estimated Weekly Salary: 6,682 EUR per week
Estimated Hourly Salary: 167 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 336,693 EUR
Estimated Monthly Salary: 28,058 EUR
Estimated Weekly Salary: 6,475 EUR per week
Estimated Hourly Salary: 162 EUR per hour
Last revision of data: 2024-01-07



Therapeutic Specialty Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 349,708 USD
Estimated Monthly Salary: 29,142 USD
Estimated Weekly Salary: 6,725 USD per week
Estimated Hourly Salary: 168 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Therapeutic Specialty Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Therapeutic Specialty Representative in Monaco earns on average:
2.04 times the average salary (or 204% of average salary).

Is Therapeutic Specialty Representative a well paid job?

Yes, our data show that Therapeutic Specialty Representative 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 Therapeutic Specialty Representative?

High salary for Therapeutic Specialty Representative would be somewhere between 382,218 EUR and 503,833 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Therapeutic Specialty Representative 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: 347,471 EUR
Estimated Monthly Salary: 28,956 EUR
Estimated Weekly Salary: 6,682 EUR per week
Estimated Hourly Salary: 167 EUR per hour
By working as Therapeutic Specialty Representative a person can save up to 21,699 USD per month or 260,390 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 Therapeutic Specialty Representative

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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Please note:
The salary figures presented here are meant for reference purposes only.
This website offers salary estimates for informational purposes only. While we collect data from multiple providers, we do not guarantee full accuracy. Users are advised to review external organizations before making major financial moves. Salaries shift due to various factors, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the validity of the displayed salary figures. Your use of this site confirms your acceptance of these terms.
Salary details displayed on this website are meant for informational purposes exclusively. Our data is sourced through multiple inputs and may not necessarily be accurate. Users must cross-reference salary information through other means before making financial decisions. The figures shown here may fluctuate due to factors such as location, industry standards, and individual skill sets. We do not warrant that the information provided is flawless. By using this website, you agree that salary information is presented 'as is' and without assurances.