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Planning Director Average Salary in Monaco 2024

How much money does a person working as Planning Director make in Monaco?


Average Monthly Salary
6,280 EUR
( 75,300 EUR yearly)

LOW
2,890
EUR
AVERAGE
6,280
EUR
HIGH
9,980
EUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Planning Director in Monaco typically earns around 6,280 EUR. Salaries range from 2,890 EUR (lowest) to 9,980 EUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Planning Director salaries in Monaco vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Planning Director Pay Scale and Salaries in Monaco

Median and salary distribution Monaco Planning Director monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
5,950 EUR or more
10% of people earn
5,220 to 5,950 EUR
20% of people earn
3,590 EUR or less
65% of people earn
3,590 to 5,220 EUR
Minimum Salary
2,890 EUR
Median
6,000 EUR
Maximum
9,980 EUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Planning Director in Monaco range from 2,890 EUR (starting salary) to 9,980 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 6,000 EUR, half of the professionals who work as Planning Director in Monaco earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Planning Director in Monaco earn less than 4,840 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 6,910 EUR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Planning Director in Monaco compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,590 EUR to 5,220 EUR. About 20% of salaries are below the 3,590 EUR mark, while 10% fall within the range of 5,220 EUR to 5,950 EUR. Only 5% of individuals have salaries exceeding 5,950 EUR.

Salary Comparison by Years of Experience / Planning Director / Monaco

How do experience and age affect pay?

0 - 2 Years
3,280 EUR
2 - 5 Years+34%
4,380 EUR
5 - 10 Years+48%
6,470 EUR
10 - 15 Years+22%
7,890 EUR
15 - 20 Years+9%
8,600 EUR
20+ Years+8%
9,300 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Monaco Planning Director
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Planning Director and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 3,280 EUR.

While someone with an experience level between two and five years is expected to earn 4,380 EUR, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 6,470 EUR, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,890 EUR, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 8,600 EUR, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 9,300 EUR, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Planning Director / Monaco

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Planning Director.

High School
4,020 EUR
Certificate or Diploma+18%
4,730 EUR
Bachelor's Degree+45%
6,860 EUR
Master's Degree+31%
8,990 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Monaco Planning Director
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Planning Director in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 4,020 EUR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 4,730 EUR, 18% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 6,860 EUR, 45% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 8,990 EUR, 31% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Monaco costs anywhere from 21,300 EUR to 63,800 EUR and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Planning Director / Monaco

Salary comparison by gender Monaco Planning Director monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Planning Director in Monaco, the average difference between the salary of male and female employees is 19%.

Male
6,830 EUR
Female-16%
5,730 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Monaco for all Careers

Salary comparison by gender monthly Monaco
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Average Annual Salary Increment Percentage / Planning Director / Monaco

How much are annual salary increments in Monaco for individuals working as Planning Director? How often do employees get salary raises?

Individuals working as Planning Director in Monaco are likely to observe a salary increase of approximately 10% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Monaco Planning Director
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Monaco / All Professions

Annual Salary Increment Rate Monaco
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Monaco is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Planning Director / Monaco

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Monaco Planning Director
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32% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 68% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
68%
No Bonus
32%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Planning Director / Monaco


36 EUR per hour

The average hourly wage (pay per hour) for individuals working as Planning Director in Monaco is 36 EUR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Planning Director in Monaco is 17 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Executive and Management-100%
Account Coordinator3,950 EUR-37%
Account Director4,510 EUR-28%
Account Executive4,660 EUR-26%
Account Manager4,480 EUR-29%
Administration Manager4,810 EUR-23%
Administration Officer2,560 EUR-59%
Administration Supervisor4,000 EUR-36%
Administrative Clerk2,090 EUR-67%
Administrative Officer2,170 EUR-65%
Area Director4,520 EUR-28%
Area Manager4,350 EUR-31%
Asset Protection Associate5,230 EUR-17%
Assistant Director4,640 EUR-26%
Assistant General Manager5,130 EUR-18%
Assistant Manager4,950 EUR-21%
Assistant Managing Director5,980 EUR-5%
Assistant Operations Manager5,480 EUR-13%
Assistant Project Manager5,000 EUR-20%
Assistant Section Head4,140 EUR-34%
Assistant to CEO4,790 EUR-24%
Assistant Vice President5,370 EUR-14%
Associate Account Director4,730 EUR-25%
Associate Director4,910 EUR-22%
Bid Manager5,800 EUR-8%
Branch Manager5,300 EUR-16%
Business Development Manager5,690 EUR-9%
Business Operations Associate4,730 EUR-25%
Business Operations Lead5,090 EUR-19%
Campaign Manager5,510 EUR-12%
Catering Coordinator3,240 EUR-48%
Catering Manager5,090 EUR-19%
CEO9,520 EUR+52%
Chairman of The Board8,700 EUR+39%
Chairman Office Manager6,070 EUR-3%
Chief Commercial Officer6,780 EUR+8%
Chief Corporate Officer7,410 EUR+18%
Chief Digital Officer6,630 EUR+6%
Chief Digital Strategy Officer6,370 EUR+1%
Chief Digital Transformation Officer6,230 EUR-1%
Chief Ethics Officer5,610 EUR-11%
Chief Executive Officer9,410 EUR+50%
Chief Financial Officer8,460 EUR+35%
Chief Investment Officer6,720 EUR+7%
Chief of Staff4,650 EUR-26%
Chief Operating Officer6,740 EUR+7%
Chief Privacy Officer5,670 EUR-10%
Chief Resilience Officer6,920 EUR+10%
Chief Risk Officer6,050 EUR-4%
Chief Strategy Officer7,900 EUR+26%
Chief Trust and Safety Officer6,020 EUR-4%
Client Account Manager5,850 EUR-7%
Client Accounts Officer4,710 EUR-25%
Client Services Manager5,870 EUR-6%
Commercial Director6,360 EUR+1%
Commercial Manager5,480 EUR-13%
Commercial Project Manager5,030 EUR-20%
Commodity Broker3,990 EUR-36%
COO6,820 EUR+9%
Corporate Affairs Executive5,610 EUR-11%
Corporate Compliance Director6,130 EUR-2%
Corporate Director6,060 EUR-3%
Corporate Officer4,230 EUR-33%
Corporate Partnerships Officer4,360 EUR-31%
Country Manager7,020 EUR+12%
Department Head5,840 EUR-7%
Department Manager5,510 EUR-12%
Department Supervisor5,010 EUR-20%
Deputy Director6,520 EUR+4%
Deputy Manager6,600 EUR+5%
Director7,190 EUR+15%
Director of Accreditation6,390 EUR+2%
Director of Catering Services5,460 EUR-13%
Director of Client Services5,810 EUR-7%
Director of Facilities Management5,240 EUR-17%
Director of Operations6,390 EUR+2%
Director of Process Simplification4,890 EUR-22%
Director of Product Management6,170 EUR-2%
Director of Project Management6,470 EUR+3%
Director of Revenue Management5,820 EUR-7%
Director of Training and Development6,000 EUR-4%
Distribution Manager6,660 EUR+6%
Division Manager5,680 EUR-9%
Duty Manager5,510 EUR-12%
Engagement Manager6,320 EUR+1%
Executive Director8,920 EUR+42%
Executive Manager7,370 EUR+17%
Franchise Manager7,530 EUR+20%
General Manager7,420 EUR+18%
Generational Consultant5,230 EUR-17%
Global Master Data Manager6,490 EUR+3%
Global Technical Lead4,530 EUR-28%
Head of Investment6,440 EUR+3%
Head of Middle Office5,690 EUR-9%
Head of Projects6,220 EUR-1%
Head of Strategy6,850 EUR+9%
Head of Supply Chain5,880 EUR-6%
Head of Sustainability5,120 EUR-18%
Housing Manager5,240 EUR-17%
HSE Manager5,170 EUR-18%
Innovation Manager5,100 EUR-19%
Key Account Manager5,090 EUR-19%
Knowledge Manager5,720 EUR-9%
Location Manager5,540 EUR-12%
Logistics Executive4,980 EUR-21%
Logistics Manager5,110 EUR-19%
Management Consultant4,850 EUR-23%
Management Executive6,600 EUR+5%
Manager6,380 EUR+2%
Managing Director7,500 EUR+20%
MIS Executive6,230 EUR-1%
Ocean Services Manager6,440 EUR+3%
Online Business Manager8,360 EUR+33%
Operational Manager6,310 EUR+1%
Operations Analyst5,220 EUR-17%
Operations Assistant4,760 EUR-24%
Operations Director6,800 EUR+8%
Operations Executive6,560 EUR+5%
Operations Manager6,690 EUR+7%
Operations Supervisor6,030 EUR-4%
Planning Director6,280 EUR+0%
PMO Manager6,020 EUR-4%
Policy Administration Executive5,430 EUR-13%
Private Sector Executive5,530 EUR-12%
Product Development Manager6,080 EUR-3%
Product Executive5,650 EUR-10%
Production Executive6,260 EUR-0%
Production Manager6,530 EUR+4%
Production Supervisor5,410 EUR-14%
Program Director6,650 EUR+6%
Program Manager6,630 EUR+6%
Programme Coordinator4,460 EUR-29%
Project Control Manager6,710 EUR+7%
Project Coordinator3,990 EUR-36%
Project Management Officer4,460 EUR-29%
Project Manager4,930 EUR-21%
Project Portfolio Manager5,210 EUR-17%
Quality Manager5,000 EUR-20%
R/D Director5,770 EUR-8%
Regional Director8,640 EUR+38%
Regional Manager6,620 EUR+5%
Relationship Manager5,960 EUR-5%
Retail District Manager4,430 EUR-29%
Revenue Manager5,000 EUR-20%
Risk and Capital Manager7,090 EUR+13%
Risk Officer4,570 EUR-27%
Safety Manager4,770 EUR-24%
Section Head5,040 EUR-20%
Service Manager5,140 EUR-18%
Shift Supervisor4,080 EUR-35%
Solutions Manager4,310 EUR-31%
Supervisor3,990 EUR-36%
Supply Chain Manager6,460 EUR+3%
Surveyor4,500 EUR-28%
Technical Director5,830 EUR-7%
Technical Manager6,100 EUR-3%
Territory Manager6,160 EUR-2%
Validation Manager5,120 EUR-18%
Vice President7,080 EUR+13%
Zone Manager6,410 EUR+2%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Monaco is 10% on average across all career fields.

Private Sector
4,130 EUR
Public Sector+10%
4,550 EUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Planning Director in Monaco?

A good and competitive compensation would range anywhere between 6,000 EUR and 6,910 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Planning Director in Monaco ranges from 2,890 EUR to 4,840 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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