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Media Production Manager Average Salary in Monaco 2024

How much money does a person working as Media Production Manager make in Monaco?

Average Monthly Salary
5,450 EUR
( 65,400 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 as Media Production Manager in Monaco typically earns around 5,450 EUR. Salaries range from 2,670 EUR (lowest) to 8,500 EUR (highest).

Salary Variance

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

Media Production Manager Pay Scale and Salaries in Monaco

Median and salary distribution Monaco Media Production Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
5,050 EUR or more
10% of people earn
4,460 to 5,050 EUR
20% of people earn
3,170 EUR or less
65% of people earn
3,170 to 4,460 EUR
Minimum Salary
2,670 EUR
5,080 EUR
8,500 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 Media Production Manager in Monaco range from 2,670 EUR (starting salary) to 8,500 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 5,080 EUR, half of the professionals who work as Media Production Manager 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 Media Production Manager in Monaco earn less than 4,160 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 5,810 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 Media Production Manager in Monaco compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,170 EUR to 4,460 EUR. About 20% of salaries are below the 3,170 EUR mark, while 10% fall within the range of 4,460 EUR to 5,050 EUR. Only 5% of individuals have salaries exceeding 5,050 EUR.

Salary Comparison by Years of Experience / Media Production Manager / Monaco

How do experience and age affect pay?

0 - 2 Years
3,170 EUR
2 - 5 Years+29%
4,070 EUR
5 - 10 Years+38%
5,610 EUR
10 - 15 Years+24%
6,960 EUR
15 - 20 Years+7%
7,450 EUR
20+ Years+7%
7,950 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Monaco Media Production Manager
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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 Media Production Manager 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 3,170 EUR.

While someone with an experience level between two and five years is expected to earn 4,070 EUR, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 5,610 EUR, 38% 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 6,960 EUR, 24% 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 7,450 EUR, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 7,950 EUR, 7% 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 / Media Production Manager / Monaco

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Media Production Manager.

High School
3,950 EUR
Certificate or Diploma+15%
4,540 EUR
Bachelor's Degree+35%
6,110 EUR
Master's Degree+26%
7,680 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Monaco Media Production Manager
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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 Media Production Manager in order to make a comparison.

Level 1: High School

Employees at this education level have an average salary of 3,950 EUR.

Level 2: Certificate or Diploma

At this level, the average salary becomes 4,540 EUR, 15% more than the previous level.

Level 3: Bachelor's Degree

At this level, the average salary becomes 6,110 EUR, 35% more than the previous level.

Level 4: Master's Degree

At this level, the average salary becomes 7,680 EUR, 26% 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 / Media Production Manager / Monaco

Salary comparison by gender Monaco Media Production Manager 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 Media Production Manager in Monaco, the average difference between the salary of male and female employees is 12%.

5,680 EUR
5,100 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 / Media Production Manager / Monaco

How much are annual salary increments in Monaco for individuals working as Media Production Manager? How often do employees get salary raises?

Individuals working as Media Production Manager in Monaco are likely to observe a salary increase of approximately 8% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Monaco Media Production Manager
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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 / Media Production Manager / Monaco

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Monaco Media Production Manager
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36% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 64% 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
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.

Average Hourly Wage / Media Production Manager / Monaco

31 EUR per hour

The average hourly wage (pay per hour) for individuals working as Media Production Manager in Monaco is 31 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 Media Production Manager in Monaco is 15 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
Advertising / Graphic Design / Events-100%
Advertisement Fraud Analyst4,400 EUR-19%
Advertising Account Executive4,710 EUR-14%
Advertising Account Manager5,150 EUR-5%
Advertising Account Planner2,620 EUR-52%
Advertising and Promotions Manager6,900 EUR+27%
Advertising Coordinator3,590 EUR-34%
Advertising Data Analyst4,680 EUR-14%
Advertising Manager6,540 EUR+20%
Advertising Operations Manager7,010 EUR+29%
Advertising Sales Director7,300 EUR+34%
Advertising Strategic Planner4,610 EUR-15%
Advertising Team Leader4,170 EUR-23%
Animation Director5,270 EUR-3%
Animator3,050 EUR-44%
Art Director4,260 EUR-22%
Art Manager4,190 EUR-23%
Artificial Intelligence Advertising Analyst4,750 EUR-13%
Artist3,700 EUR-32%
Artworker2,630 EUR-52%
Assistant Art Director3,230 EUR-41%
Audio and Video Equipment Technician2,680 EUR-51%
Audio Engineer3,080 EUR-43%
Audiosual Technician2,560 EUR-53%
Branding Consultant5,600 EUR+3%
Broadcast Administrator4,540 EUR-17%
Catering Sales2,770 EUR-49%
Catering Trainer3,300 EUR-39%
Color Consultant2,710 EUR-50%
Commercial and Industrial Designer2,640 EUR-52%
Conference Organiser3,210 EUR-41%
Content and Media Production Lead4,610 EUR-15%
CopyWriter2,860 EUR-48%
Creative Content Strategist5,310 EUR-3%
Creative Designer3,270 EUR-40%
Creative Director4,240 EUR-22%
Creative Technologist5,020 EUR-8%
Crowd Management Specialist4,090 EUR-25%
Design Strategist4,380 EUR-20%
Designer 2,560 EUR-53%
Desktop Publisher2,090 EUR-62%
Digital Campaign Manager4,390 EUR-19%
Digital Media Manager4,920 EUR-10%
Digital Media Strategist5,170 EUR-5%
Director of Events6,980 EUR+28%
Director of Graphic Design3,820 EUR-30%
Director of Social Media Marketing5,570 EUR+2%
Event Experience Designer4,390 EUR-19%
Event Security Specialist4,000 EUR-27%
Event Technology Consultant4,290 EUR-21%
Event Technology Integration Specialist3,820 EUR-30%
Events and Promotions Manager6,630 EUR+22%
Events Director6,850 EUR+26%
Exhibit Designer3,330 EUR-39%
Exhibit Display Coordinator3,430 EUR-37%
Exhibit Display Manager4,220 EUR-23%
Experiential Designer4,150 EUR-24%
Finisher2,410 EUR-56%
Gamification Specialist4,640 EUR-15%
Graphic Artist2,740 EUR-50%
Graphic Design Specialist3,280 EUR-40%
Graphic Designer2,840 EUR-48%
Graphics Artist2,850 EUR-48%
Graphics Design Supervisor3,770 EUR-31%
Group Creative Director4,590 EUR-16%
Imagery Analyst2,570 EUR-53%
Imaging Technologist2,680 EUR-51%
Immersive Storyteller3,840 EUR-30%
Interaction Designer2,420 EUR-56%
Lead Generation Specialist4,940 EUR-9%
Media Analyst3,370 EUR-38%
Media Executive4,480 EUR-18%
Media Planner3,410 EUR-37%
Media Production Coordinator3,350 EUR-39%
Media Production Manager5,450 EUR+0%
Media Project Manager5,710 EUR+5%
Media Relations Representative4,640 EUR-15%
Media Sales Executive5,420 EUR-1%
Meeting and Event Planner3,170 EUR-42%
Mobile Advertising Specialist5,080 EUR-7%
Motion Graphic Artist3,650 EUR-33%
Motion Graphics Designer3,450 EUR-37%
Multimedia Artist2,870 EUR-47%
Multimedia Specialist2,680 EUR-51%
NFT Designer3,170 EUR-42%
NFT Specialist3,200 EUR-41%
Photographer2,500 EUR-54%
PPC Campaign Manager4,380 EUR-20%
Print Production Manager4,820 EUR-12%
Product and Brand Manager6,410 EUR+18%
Sales Promotion Manager6,520 EUR+20%
Search Engine Optimization Specialist (SEO)3,110 EUR-43%
Sketch Artist3,230 EUR-41%
Social Media Event Strategist3,780 EUR-31%
Social Media Executive5,400 EUR-1%
Social Media Graphic Designer3,120 EUR-43%
Social Media Manager5,090 EUR-7%
Social Media Marketing Manager5,180 EUR-5%
Social Media Strategist5,540 EUR+2%
Special Events Supervisor4,090 EUR-25%
Technical Typist2,060 EUR-62%
User Experience UX Designer3,030 EUR-44%
UX Designer2,590 EUR-52%
Virtual / Augmented Reality Advertiser4,130 EUR-24%
Virtual / Augmented Reality Event Producer3,430 EUR-37%
Virtual / Augmented Reality Showroom Designer3,240 EUR-41%
Virtual Events Planner3,690 EUR-32%
Virtual Trade Show Manager3,270 EUR-40%
Voice Search Optimization Specialist4,220 EUR-23%
Web Accessibility Designer3,510 EUR-36%
Web3 Designer3,480 EUR-36%
Webinar Designer3,510 EUR-36%

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 Media Production Manager in Monaco?

A good and competitive compensation would range anywhere between 5,080 EUR and 5,810 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 Media Production Manager in Monaco ranges from 2,670 EUR to 4,160 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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