A person working as Outreach Specialist in Monaco typically earns around 4,080 EUR. Salaries range from 2,200 EUR (lowest) to 6,160 EUR (highest).
This is the average salary including housing, transport, and other benefits. Outreach Specialist salaries in Monaco vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 2,200 EUR |
Median 3,640 EUR |
Maximum 6,160 EUR |
Salaries for the position Outreach Specialist in Monaco range from 2,200 EUR (starting salary) to 6,160 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.
With a median salary of 3,640 EUR, half of the professionals who work as Outreach Specialist 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.
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 Outreach Specialist in Monaco earn less than 3,050 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,110 EUR while 25% earn more.
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 Outreach Specialist in Monaco compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,420 EUR to 3,250 EUR. About 20% of salaries are below the 2,420 EUR mark, while 10% fall within the range of 3,250 EUR to 3,630 EUR. Only 5% of individuals have salaries exceeding 3,630 EUR.
0 - 2 Years | 2,560 EUR | |
2 - 5 Years | +26% | 3,230 EUR |
5 - 10 Years | +32% | 4,260 EUR |
10 - 15 Years | +18% | 5,010 EUR |
15 - 20 Years | +11% | 5,540 EUR |
20+ Years | +6% | 5,900 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 Outreach Specialist and this is what we found.
Employees with less than two years of experience earn approximately 2,560 EUR.
While someone with an experience level between two and five years is expected to earn 3,230 EUR, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,260 EUR, 32% 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 5,010 EUR, 18% 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 5,540 EUR, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 5,900 EUR, 6% more than people with fifteen to twenty years of experience.
High School | 3,110 EUR | |
Certificate or Diploma | +13% | 3,510 EUR |
Bachelor's Degree | +32% | 4,610 EUR |
Master's Degree | +24% | 5,720 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 Outreach Specialist in order to make a comparison.
Employees at this education level have an average salary of 3,110 EUR.
At this level, the average salary becomes 3,510 EUR, 13% more than the previous level.
At this level, the average salary becomes 4,610 EUR, 32% more than the previous level.
At this level, the average salary becomes 5,720 EUR, 24% more than the previous level.
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.
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 Outreach Specialist in Monaco, the average difference between the salary of male and female employees is 9%.
Male | 4,220 EUR | |
Female | -8% | 3,870 EUR |
Individuals working as Outreach Specialist in Monaco are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
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.
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
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.
67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
Received Bonus | 33% | |
No Bonus | 67% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Outreach Specialist in Monaco is 13 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Marketing | -100% | |
Account Handler | 3,580 EUR | -12% |
Affiliate Manager | 4,500 EUR | +10% |
Affiliate Marketing Manager | 6,060 EUR | +49% |
Affiliate Marketing Specialist | 4,220 EUR | +4% |
Analytics Specialist | 3,330 EUR | -18% |
Assistant Brand Manager | 4,960 EUR | +22% |
Assistant Product Manager | 5,110 EUR | +25% |
Associate Marketing Manager | 5,420 EUR | +33% |
Associate Product Manager | 5,470 EUR | +34% |
Blockchain Marketing Specialist | 4,660 EUR | +14% |
Brand Ambassador | 6,480 EUR | +59% |
Brand Director | 7,790 EUR | +91% |
Brand Executive | 6,500 EUR | +59% |
Brand Manager | 6,620 EUR | +62% |
Business Analytics Specialist | 3,350 EUR | -18% |
Business Channel Manager | 4,730 EUR | +16% |
Business Intelligence Team Leader | 5,150 EUR | +26% |
Campaign Specialist | 4,300 EUR | +5% |
Chief Content Officer | 5,700 EUR | +40% |
Chief Digital Marketing Officer | 7,350 EUR | +80% |
Chief Marketing Officer | 7,430 EUR | +82% |
Chief Product Officer | 6,640 EUR | +63% |
Communications Officer | 2,320 EUR | -43% |
Content Manager | 4,090 EUR | +0% |
Content Marketing Strategist | 4,750 EUR | +17% |
Copy Editer | 2,840 EUR | -30% |
Copy Writer | 2,960 EUR | -27% |
Creative Marketing Lead | 4,740 EUR | +16% |
Creative Writer | 2,890 EUR | -29% |
Digital Marketer | 4,030 EUR | -1% |
Digital Marketing Manager | 5,430 EUR | +33% |
Digital Marketing Specialist | 4,280 EUR | +5% |
Digital Marketing Strategist | 5,840 EUR | +43% |
Digital Media Specialist | 4,920 EUR | +21% |
Director of Marketing | 7,520 EUR | +84% |
Director of Research | 5,570 EUR | +37% |
Email Marketing Specialist | 3,850 EUR | -6% |
eMarketing Manager | 6,000 EUR | +47% |
Event Marketing | 5,800 EUR | +42% |
Experiential Marketing Manager | 6,430 EUR | +58% |
Gamification Marketer | 3,510 EUR | -14% |
Head of Executive Search | 6,540 EUR | +60% |
Internet Marketer | 4,050 EUR | -1% |
Key Affiliate Manager | 5,190 EUR | +27% |
Localization Manager | 4,910 EUR | +20% |
Market Development Executive | 5,950 EUR | +46% |
Market Development Manager | 5,820 EUR | +43% |
Market Research Analyst | 5,010 EUR | +23% |
Market Research Manager | 5,110 EUR | +25% |
Market Segmentation Director | 5,600 EUR | +37% |
Marketing Account Supervisor | 4,310 EUR | +6% |
Marketing Administrator | 3,970 EUR | -3% |
Marketing Advisor | 4,530 EUR | +11% |
Marketing Analyst | 4,530 EUR | +11% |
Marketing and Communications Officer | 2,880 EUR | -29% |
Marketing and Sales Head | 7,190 EUR | +76% |
Marketing Assistant | 2,490 EUR | -39% |
Marketing Associate | 2,550 EUR | -37% |
Marketing Automation Specialist | 4,550 EUR | +12% |
Marketing Communications Manager | 4,950 EUR | +21% |
Marketing Consultant | 5,510 EUR | +35% |
Marketing Coordinator | 2,570 EUR | -37% |
Marketing Data Analyst | 4,400 EUR | +8% |
Marketing Director | 7,620 EUR | +87% |
Marketing Distribution Executive | 5,860 EUR | +44% |
Marketing Executive | 5,940 EUR | +46% |
Marketing Manager | 7,340 EUR | +80% |
Marketing Officer | 2,700 EUR | -34% |
Marketing Segment Manager | 5,600 EUR | +37% |
Marketing Specialist | 3,870 EUR | -5% |
Marketing Supervisor | 4,420 EUR | +8% |
Marketing Vice President | 6,070 EUR | +49% |
Marketing Writer | 2,910 EUR | -29% |
Mobile Marketing Specialist | 5,110 EUR | +25% |
Online Marketing Analyst | 4,190 EUR | +3% |
Online Marketing Manager | 4,840 EUR | +19% |
Optimization Manager | 4,950 EUR | +21% |
Outbound Sales | 3,540 EUR | -13% |
Outreach Coordinator | 3,400 EUR | -17% |
Outreach Specialist | 4,080 EUR | +0% |
Podcast Specialist | 4,430 EUR | +9% |
Product Development | 5,110 EUR | +25% |
Product Manager | 5,760 EUR | +41% |
Product Marketing Engineer | 3,280 EUR | -20% |
Product Marketing Executive | 5,650 EUR | +39% |
Product Marketing Manager | 5,730 EUR | +41% |
Product Researcher | 3,050 EUR | -25% |
Product Strategist | 4,280 EUR | +5% |
Product Strategy Researcher | 4,230 EUR | +4% |
Product Training Specialist | 3,890 EUR | -5% |
Project Manager | 4,370 EUR | +7% |
Publications Coordinator | 2,740 EUR | -33% |
Research Executive | 5,400 EUR | +32% |
Sales and Marketing Assistant | 2,480 EUR | -39% |
Sales and Marketing Coordinator | 2,720 EUR | -33% |
Sales and Marketing Director | 7,330 EUR | +80% |
Sales Director | 6,700 EUR | +64% |
Sales Management Support | 2,730 EUR | -33% |
Sales Manager | 6,710 EUR | +65% |
Search Marketing Strategist | 6,160 EUR | +51% |
Social Media Administrator | 4,070 EUR | -0% |
Social Media Specialist | 4,140 EUR | +2% |
Spaceman Analyst | 2,460 EUR | -40% |
Sponsorship Consultant | 3,850 EUR | -6% |
Team Leader | 4,340 EUR | +6% |
Telemarketer | 2,460 EUR | -40% |
TikTok marketer | 4,770 EUR | +17% |
Trade Marketing Executive | 5,760 EUR | +41% |
Trade Marketing Manager | 5,350 EUR | +31% |
Trade Marketing Professional | 4,630 EUR | +14% |
Trade Marketing Specialist | 3,270 EUR | -20% |
Video Marketing Specialist | 4,950 EUR | +21% |
Web Analytics Manager | 4,730 EUR | +16% |
Web Content Manager | 4,410 EUR | +8% |
Webinar Marketing Specialist | 4,800 EUR | +18% |
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 |
A good and competitive compensation would range anywhere between 3,640 EUR and 4,110 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Outreach Specialist in Monaco ranges from 2,200 EUR to 3,050 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.
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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