Planning Director Average Salary in Monaco 2024
How much money does a person working as Planning Director make in Monaco?
LOW
2,890
EUR AVERAGE
6,280
EUR HIGH
9,980
EUR
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
Salary Structure and Pay Scale Comparison
5,950 EUR or more
5,220 to 5,950 EUR
3,590 EUR or less
3,590 to 5,220 EUR
 2,890 EUR |
6,000 EUR |
9,980 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
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 |
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.
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.
Typical Salary Progress for Most Careers
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 |
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 and Compensation Comparison By Gender / Planning Director / Monaco
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 |
Salary Comparison By Gender in Monaco for all Careers
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.
Monaco / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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?
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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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 hourThe 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.
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 Title | Average Salary |
| Executive and Management |  -100% | |
| Account Coordinator | 3,950 EUR | -37% |
| Account Director | 4,510 EUR | -28% |
| Account Executive | 4,660 EUR | -26% |
| Account Manager | 4,480 EUR | -29% |
| Administration Manager | 4,810 EUR | -23% |
| Administration Officer | 2,560 EUR | -59% |
| Administration Supervisor | 4,000 EUR | -36% |
| Administrative Clerk | 2,090 EUR | -67% |
| Administrative Officer | 2,170 EUR | -65% |
| Area Director | 4,520 EUR | -28% |
| Area Manager | 4,350 EUR | -31% |
| Asset Protection Associate | 5,230 EUR | -17% |
| Assistant Director | 4,640 EUR | -26% |
| Assistant General Manager | 5,130 EUR | -18% |
| Assistant Manager | 4,950 EUR | -21% |
| Assistant Managing Director | 5,980 EUR | -5% |
| Assistant Operations Manager | 5,480 EUR | -13% |
| Assistant Project Manager | 5,000 EUR | -20% |
| Assistant Section Head | 4,140 EUR | -34% |
| Assistant to CEO | 4,790 EUR | -24% |
| Assistant Vice President | 5,370 EUR | -14% |
| Associate Account Director | 4,730 EUR | -25% |
| Associate Director | 4,910 EUR | -22% |
| Bid Manager | 5,800 EUR | -8% |
| Branch Manager | 5,300 EUR | -16% |
| Business Development Manager | 5,690 EUR | -9% |
| Business Operations Associate | 4,730 EUR | -25% |
| Business Operations Lead | 5,090 EUR | -19% |
| Campaign Manager | 5,510 EUR | -12% |
| Catering Coordinator | 3,240 EUR | -48% |
| Catering Manager | 5,090 EUR | -19% |
| CEO | 9,520 EUR |  +52% |
| Chairman of The Board | 8,700 EUR | +39% |
| Chairman Office Manager | 6,070 EUR | -3% |
| Chief Commercial Officer | 6,780 EUR | +8% |
| Chief Corporate Officer | 7,410 EUR | +18% |
| Chief Digital Officer | 6,630 EUR | +6% |
| Chief Digital Strategy Officer | 6,370 EUR | +1% |
| Chief Digital Transformation Officer | 6,230 EUR | -1% |
| Chief Ethics Officer | 5,610 EUR | -11% |
| Chief Executive Officer | 9,410 EUR | +50% |
| Chief Financial Officer | 8,460 EUR | +35% |
| Chief Investment Officer | 6,720 EUR | +7% |
| Chief of Staff | 4,650 EUR | -26% |
| Chief Operating Officer | 6,740 EUR | +7% |
| Chief Privacy Officer | 5,670 EUR | -10% |
| Chief Resilience Officer | 6,920 EUR | +10% |
| Chief Risk Officer | 6,050 EUR | -4% |
| Chief Strategy Officer | 7,900 EUR | +26% |
| Chief Trust and Safety Officer | 6,020 EUR | -4% |
| Client Account Manager | 5,850 EUR | -7% |
| Client Accounts Officer | 4,710 EUR | -25% |
| Client Services Manager | 5,870 EUR | -6% |
| Commercial Director | 6,360 EUR | +1% |
| Commercial Manager | 5,480 EUR | -13% |
| Commercial Project Manager | 5,030 EUR | -20% |
| Commodity Broker | 3,990 EUR | -36% |
| COO | 6,820 EUR | +9% |
| Corporate Affairs Executive | 5,610 EUR | -11% |
| Corporate Compliance Director | 6,130 EUR | -2% |
| Corporate Director | 6,060 EUR | -3% |
| Corporate Officer | 4,230 EUR | -33% |
| Corporate Partnerships Officer | 4,360 EUR | -31% |
| Country Manager | 7,020 EUR | +12% |
| Department Head | 5,840 EUR | -7% |
| Department Manager | 5,510 EUR | -12% |
| Department Supervisor | 5,010 EUR | -20% |
| Deputy Director | 6,520 EUR | +4% |
| Deputy Manager | 6,600 EUR | +5% |
| Director | 7,190 EUR | +15% |
| Director of Accreditation | 6,390 EUR | +2% |
| Director of Catering Services | 5,460 EUR | -13% |
| Director of Client Services | 5,810 EUR | -7% |
| Director of Facilities Management | 5,240 EUR | -17% |
| Director of Operations | 6,390 EUR | +2% |
| Director of Process Simplification | 4,890 EUR | -22% |
| Director of Product Management | 6,170 EUR | -2% |
| Director of Project Management | 6,470 EUR | +3% |
| Director of Revenue Management | 5,820 EUR | -7% |
| Director of Training and Development | 6,000 EUR | -4% |
| Distribution Manager | 6,660 EUR | +6% |
| Division Manager | 5,680 EUR | -9% |
| Duty Manager | 5,510 EUR | -12% |
| Engagement Manager | 6,320 EUR | +1% |
| Executive Director | 8,920 EUR | +42% |
| Executive Manager | 7,370 EUR | +17% |
| Franchise Manager | 7,530 EUR | +20% |
| General Manager | 7,420 EUR | +18% |
| Generational Consultant | 5,230 EUR | -17% |
| Global Master Data Manager | 6,490 EUR | +3% |
| Global Technical Lead | 4,530 EUR | -28% |
| Head of Investment | 6,440 EUR | +3% |
| Head of Middle Office | 5,690 EUR | -9% |
| Head of Projects | 6,220 EUR | -1% |
| Head of Strategy | 6,850 EUR | +9% |
| Head of Supply Chain | 5,880 EUR | -6% |
| Head of Sustainability | 5,120 EUR | -18% |
| Housing Manager | 5,240 EUR | -17% |
| HSE Manager | 5,170 EUR | -18% |
| Innovation Manager | 5,100 EUR | -19% |
| Key Account Manager | 5,090 EUR | -19% |
| Knowledge Manager | 5,720 EUR | -9% |
| Location Manager | 5,540 EUR | -12% |
| Logistics Executive | 4,980 EUR | -21% |
| Logistics Manager | 5,110 EUR | -19% |
| Management Consultant | 4,850 EUR | -23% |
| Management Executive | 6,600 EUR | +5% |
| Manager | 6,380 EUR | +2% |
| Managing Director | 7,500 EUR | +20% |
| MIS Executive | 6,230 EUR | -1% |
| Ocean Services Manager | 6,440 EUR | +3% |
| Online Business Manager | 8,360 EUR | +33% |
| Operational Manager | 6,310 EUR | +1% |
| Operations Analyst | 5,220 EUR | -17% |
| Operations Assistant | 4,760 EUR | -24% |
| Operations Director | 6,800 EUR | +8% |
| Operations Executive | 6,560 EUR | +5% |
| Operations Manager | 6,690 EUR | +7% |
| Operations Supervisor | 6,030 EUR | -4% |
| Planning Director | 6,280 EUR | +0% |
| PMO Manager | 6,020 EUR | -4% |
| Policy Administration Executive | 5,430 EUR | -13% |
| Private Sector Executive | 5,530 EUR | -12% |
| Product Development Manager | 6,080 EUR | -3% |
| Product Executive | 5,650 EUR | -10% |
| Production Executive | 6,260 EUR | -0% |
| Production Manager | 6,530 EUR | +4% |
| Production Supervisor | 5,410 EUR | -14% |
| Program Director | 6,650 EUR | +6% |
| Program Manager | 6,630 EUR | +6% |
| Programme Coordinator | 4,460 EUR | -29% |
| Project Control Manager | 6,710 EUR | +7% |
| Project Coordinator | 3,990 EUR | -36% |
| Project Management Officer | 4,460 EUR | -29% |
| Project Manager | 4,930 EUR | -21% |
| Project Portfolio Manager | 5,210 EUR | -17% |
| Quality Manager | 5,000 EUR | -20% |
| R/D Director | 5,770 EUR | -8% |
| Regional Director | 8,640 EUR | +38% |
| Regional Manager | 6,620 EUR | +5% |
| Relationship Manager | 5,960 EUR | -5% |
| Retail District Manager | 4,430 EUR | -29% |
| Revenue Manager | 5,000 EUR | -20% |
| Risk and Capital Manager | 7,090 EUR | +13% |
| Risk Officer | 4,570 EUR | -27% |
| Safety Manager | 4,770 EUR | -24% |
| Section Head | 5,040 EUR | -20% |
| Service Manager | 5,140 EUR | -18% |
| Shift Supervisor | 4,080 EUR | -35% |
| Solutions Manager | 4,310 EUR | -31% |
| Supervisor | 3,990 EUR | -36% |
| Supply Chain Manager | 6,460 EUR | +3% |
| Surveyor | 4,500 EUR | -28% |
| Technical Director | 5,830 EUR | -7% |
| Technical Manager | 6,100 EUR | -3% |
| Territory Manager | 6,160 EUR | -2% |
| Validation Manager | 5,120 EUR | -18% |
| Vice President | 7,080 EUR | +13% |
| Zone Manager | 6,410 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 |
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
