Browse Salaries
Best Paying Jobs
Submit Salary
Salary Increase Letters

Media / Broadcasting / Arts / Entertainment Average Salaries in Monaco 2024

How much money does a person working in Media / Broadcasting / Arts / Entertainment make in Monaco?

Average Monthly Salary
4,020 EUR
( 48,300 EUR yearly)

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 in Media / Broadcasting / Arts / Entertainment in Monaco typically earns around 4,020 EUR. Salaries range from 2,120 EUR (lowest average) to 7,330 EUR (highest average, actual maximum salary is higher).

Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Media / Broadcasting / Arts / Entertainment domain in Monaco exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Media / Broadcasting / Arts / Entertainment
3D Artist3,790 EUR
3D Designer3,560 EUR
3D Generalist3,280 EUR
3D Visualization Specialist3,810 EUR
Acrobatic Rigger2,590 EUR
Actor4,810 EUR
Art Administrator3,860 EUR
Art Director4,970 EUR
Art Lead4,740 EUR
Artificial Intelligence Generated Art Creator3,570 EUR
Associate Media Director4,120 EUR
Associate Producer5,140 EUR
Broadcast and Sound Engineer3,460 EUR
Broadcast Associate2,760 EUR
Broadcast News Analyst3,930 EUR
Broadcast Technician2,590 EUR
Broadcasting Journalist4,590 EUR
Broadcasting Presenter5,170 EUR
Camera Equipment Repairer2,800 EUR
Camera Operator2,490 EUR
Cartoonist / Animator3,630 EUR
CAS Engineer4,010 EUR
Censorship Executive4,240 EUR
Chief Social Media Officer6,220 EUR
Choreographer3,400 EUR
Colorist2,140 EUR
Communications Manager5,670 EUR
Content Moderator3,490 EUR
Correspondent4,310 EUR
Dance Director3,860 EUR
Dancer3,610 EUR
Digital Content Manager5,560 EUR
Digital Music Promoter4,580 EUR
Director of Photography3,990 EUR
Disc Jockey2,730 EUR
Drone Cinematographer4,000 EUR
Editorial Assistant2,400 EUR
Events Manager3,810 EUR
Graphic Designer2,700 EUR
Illustrator3,000 EUR
Industrial Designer2,630 EUR
Influencer Marketing Manager5,040 EUR
Influencer Outreach Specialist4,170 EUR
Instructional Designer2,510 EUR
Internet Community Manager3,510 EUR
Internet Radio Producer6,050 EUR
Journalist4,770 EUR
Live Streaming Moderator3,530 EUR
Live Streaming Producer4,850 EUR
Live Streaming Specialist3,960 EUR
Makeup Artist2,800 EUR
Media Design Manager6,670 EUR
Media Equipment Operator2,260 EUR
Media Operations Manager5,180 EUR
Media Planner3,800 EUR
Media Producer4,760 EUR
Media Product Development Manager6,620 EUR
Media Production Manager6,100 EUR
Media Program Director7,110 EUR
Media Relation Executive6,740 EUR
Media Relations Manager7,000 EUR
Media Sales Manager7,010 EUR
Movement and Dance Coordinator4,160 EUR
Multimedia Coordinator2,750 EUR
Multimedia Designer2,870 EUR
Music Consultant3,760 EUR
Music Producer5,580 EUR
Musician2,930 EUR
News Associate3,660 EUR
News Reporter4,480 EUR
Online Community Moderator3,620 EUR
Podcast Advertising Specialist3,940 EUR
Podcast Producer3,900 EUR
Post Production Assistant2,460 EUR
Producer6,150 EUR
Product Designer2,660 EUR
Product Planner3,550 EUR
Production Artist3,610 EUR
Production Assistant2,480 EUR
Production Director5,540 EUR
Production Technician2,320 EUR
Program Researcher4,230 EUR
Promotion Coordinator3,300 EUR
Social Media Compliance Manager4,650 EUR
Social Media Compliance Officer3,810 EUR
Sound Engineer3,440 EUR
Sound Engineering Technician2,130 EUR
Stage Technician2,250 EUR
Sub Editor2,560 EUR
Television Executive Producer7,120 EUR
Transmission Engineer3,600 EUR
Video Editor3,100 EUR
Video Producer4,030 EUR
Videographer3,690 EUR
Virtual / Augmented Reality Content Creator5,630 EUR
Virtual Set Designer3,990 EUR
Virtual Staging Specialist4,290 EUR
Visual Designer3,610 EUR
Visual Effects Artist3,970 EUR
Voiceover Artist3,590 EUR

Media / Broadcasting / Arts / Entertainment Jobs Pay Scale and Salaries in Monaco

Median and salary distribution Monaco Media / Broadcasting / Arts / Entertainment monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/media-broadcasting-arts-entertainment/median-and-salary-distribution-monthly-monaco-media-broadcasting-arts-entertainment.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
4,200 EUR or more
10% of people earn
3,680 to 4,200 EUR
20% of people earn
2,540 EUR or less
65% of people earn
2,540 to 3,680 EUR
Minimum Salary
2,120 EUR
3,740 EUR
7,330 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 in Media / Broadcasting / Arts / Entertainment in Monaco range from 2,120 EUR (starting average salary) to 7,330 EUR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Media / Broadcasting / Arts / Entertainment is 3,740 EUR, implying that half of the workforce in Monaco earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Media / Broadcasting / Arts / Entertainment in Monaco earn less than 3,110 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,350 EUR, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Media / Broadcasting / Arts / Entertainment in Monaco. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,540 EUR to 3,680 EUR. Approximately 20% of salaries were below the 2,540 EUR mark, while 10% ranged from 3,680 EUR to 4,200 EUR. Only 5% of individuals earned a gross salary of 4,200 EUR or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Media / Broadcasting / Arts / Entertainment in Monaco having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Media / Broadcasting / Arts / Entertainment in Monaco, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.

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.

Employees can't expect any salary increases during the study period, assuming they 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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.

Salary and Compensation Comparison By Gender / Media / Broadcasting / Arts / Entertainment / Monaco

Salary comparison by gender Monaco Media / Broadcasting / Arts / Entertainment monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/media-broadcasting-arts-entertainment/salary-comparison-by-gender-monthly-monaco-media-broadcasting-arts-entertainment.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Media / Broadcasting / Arts / Entertainment in Monaco, the average difference between the salary of male and female employees is 6%.

4,130 EUR
3,880 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/salary-comparison-by-gender-monthly-monaco.jpg

Average Annual Salary Increment Percentage / Media / Broadcasting / Arts / Entertainment / Monaco

How much are annual salary increments in Monaco for individuals working in Media / Broadcasting / Arts / Entertainment? How often do employees get salary raises?

Professionals working in Media / Broadcasting / Arts / Entertainment in Monaco are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Monaco Media / Broadcasting / Arts / Entertainment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/media-broadcasting-arts-entertainment/annual-salary-increment-rate-monaco-media-broadcasting-arts-entertainment.jpg

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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/annual-salary-increment-rate-monaco.jpg

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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

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 / Media / Broadcasting / Arts / Entertainment / Monaco

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Monaco Media / Broadcasting / Arts / Entertainment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/media-broadcasting-arts-entertainment/annual-salary-bonus-rate-monaco-media-broadcasting-arts-entertainment.jpg

65% of surveyed staff in Media / Broadcasting / Arts / Entertainment reported that they haven't received any bonuses or incentives in the previous year while 35% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Hourly Average Wage / Media / Broadcasting / Arts / Entertainment / Monaco

23 EUR per hour

The average hourly wage (pay per hour) in Media / Broadcasting / Arts / Entertainment in Monaco is 23 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 in Media / Broadcasting / Arts / Entertainment in Monaco is 12 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

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 in Media / Broadcasting / Arts / Entertainment in Monaco?

A good and competitive compensation would range anywhere between 3,740 EUR and 4,350 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 jobs in Media / Broadcasting / Arts / Entertainment in Monaco ranges from 2,120 EUR to 3,110 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

Browse Salaries

Salary Increase Letters

Best Paying Jobs

©Salary Explorer 2024