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Safety Officer Average Salary in Monaco 2024

How much money does a person working as Safety Officer make in Monaco?


Average Monthly Salary
2,030 EUR
( 24,400 EUR yearly)

LOW
1,040
EUR
AVERAGE
2,030
EUR
HIGH
3,130
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 Safety Officer in Monaco typically earns around 2,030 EUR. Salaries range from 1,040 EUR (lowest) to 3,130 EUR (highest).


Salary Variance

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



Safety Officer Pay Scale and Salaries in Monaco

Median and salary distribution Monaco Safety Officer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,850 EUR or more
10% of people earn
1,650 to 1,850 EUR
20% of people earn
1,190 EUR or less
65% of people earn
1,190 to 1,650 EUR
Minimum Salary
1,040 EUR
Median
1,860 EUR
Maximum
3,130 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 Safety Officer in Monaco range from 1,040 EUR (starting salary) to 3,130 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 1,860 EUR, half of the professionals who work as Safety Officer 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 Safety Officer in Monaco earn less than 1,540 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,120 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 Safety Officer in Monaco compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,190 EUR to 1,650 EUR. About 20% of salaries are below the 1,190 EUR mark, while 10% fall within the range of 1,650 EUR to 1,850 EUR. Only 5% of individuals have salaries exceeding 1,850 EUR.

Salary Comparison by Years of Experience / Safety Officer / Monaco

How do experience and age affect pay?

0 - 2 Years
1,160 EUR
2 - 5 Years+31%
1,520 EUR
5 - 10 Years+40%
2,120 EUR
10 - 15 Years+20%
2,550 EUR
15 - 20 Years+9%
2,770 EUR
20+ Years+8%
2,990 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Monaco Safety Officer
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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 Safety Officer 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 1,160 EUR.

While someone with an experience level between two and five years is expected to earn 1,520 EUR, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 2,120 EUR, 40% 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 2,550 EUR, 20% 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 2,770 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 2,990 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 / Safety Officer / Monaco

How do education levels affect salaries?

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

Certificate or Diploma
1,370 EUR
Bachelor's Degree+81%
2,480 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Monaco Safety Officer
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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 Safety Officer in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 1,370 EUR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 2,480 EUR, 81% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Safety Officer / Monaco

Salary comparison by gender Monaco Safety Officer 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 Safety Officer in Monaco, the average difference between the salary of male and female employees is 16%.

Male
2,190 EUR
Female-14%
1,880 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
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Average Annual Salary Increment Percentage / Safety Officer / Monaco

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

Individuals working as Safety Officer in Monaco are likely to observe a salary increase of approximately 7% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Monaco Safety Officer
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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 / Safety Officer / Monaco

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Monaco Safety Officer
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90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
10%
No Bonus
90%

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 / Safety Officer / Monaco


12 EUR per hour

The average hourly wage (pay per hour) for individuals working as Safety Officer in Monaco is 12 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 Safety Officer in Monaco is 6 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
Engineering-100%
3D Printing Engineer3,470 EUR+71%
Acoustics Engineer3,740 EUR+84%
Assembly Engineering Technician2,920 EUR+44%
Assistant Chief Engineer4,280 EUR+110%
Associate Engineer3,410 EUR+68%
AutoCAD Drafter2,370 EUR+17%
Autocad Operator2,430 EUR+20%
Automation Engineer3,990 EUR+96%
Avionic System Support Engineer3,690 EUR+82%
Biochemical Engineer3,380 EUR+66%
BMS Engineer3,510 EUR+73%
Bridge and Lock Tender2,120 EUR+4%
Broadcast Engineer3,720 EUR+83%
CAD Design Engineer3,790 EUR+87%
CAD Designer2,520 EUR+24%
CAE Engineer3,660 EUR+80%
Ceramics Engineer3,360 EUR+65%
Chemical Engineer3,960 EUR+95%
Civil Drafter2,570 EUR+27%
Civil Engineer3,920 EUR+93%
Civil Site Engineer3,970 EUR+95%
Civil Technician2,330 EUR+15%
Cognitive Engineer3,440 EUR+69%
Commissioning Engineer3,540 EUR+74%
Communications Engineer4,250 EUR+110%
Condition Monitoring Engineer3,380 EUR+66%
Contract Associate Engineer3,440 EUR+69%
Contract Engineer3,590 EUR+77%
Control Systems Engineer3,780 EUR+86%
Controls Engineer3,650 EUR+80%
Controls Software Engineer3,230 EUR+59%
Corrosion Engineer3,410 EUR+68%
Design Engineer4,050 EUR+99%
Director of Engineering7,560 EUR+270%
Drafter2,470 EUR+22%
Drafting Manager4,460 EUR+120%
Drilling Engineer3,650 EUR+80%
Drilling Foreman1,310 EUR-35%
Electrical Draughtsman2,140 EUR+5%
Electrical Engineer4,260 EUR+110%
Electrical Engineering Manager5,160 EUR+150%
Electromechanical Engineering Technologist3,930 EUR+94%
Electromechanical Equipment Assembler2,160 EUR+6%
Energy Engineer3,980 EUR+96%
Engine Assembler1,790 EUR-12%
Engineer4,040 EUR+99%
Engineering Account Manager4,440 EUR+120%
Engineering Chief Designer4,420 EUR+120%
Engineering Consultant5,240 EUR+160%
Engineering Key Account Manager5,450 EUR+170%
Engineering Lab Technician3,740 EUR+84%
Engineering Manager4,990 EUR+150%
Engineering Planning Manager5,310 EUR+160%
Engineering Production Manager6,400 EUR+220%
Engineering Project Analyst4,200 EUR+110%
Engineering Project Coordinator 4,470 EUR+120%
Engineering Project Director7,700 EUR+280%
Engineering Project Leader5,020 EUR+150%
Engineering Project Manager5,240 EUR+160%
Engineering Research and Development Manager5,660 EUR+180%
Engineering Safety Coordinator2,920 EUR+44%
Engineering Sales Manager5,090 EUR+150%
Engineering Technician3,040 EUR+50%
Engineering Technologist2,880 EUR+42%
Environmental Engineer3,560 EUR+75%
Equipment Engineer3,480 EUR+71%
Equipment Engineering Manager5,100 EUR+150%
Estimator3,420 EUR+68%
Fabrication Specialist2,800 EUR+38%
Fabricator1,990 EUR-2%
Facade Engineer3,670 EUR+81%
Fiber Analyst2,330 EUR+15%
Field Engineer3,860 EUR+90%
Field Engineering Manager6,340 EUR+210%
Fire Engineer3,740 EUR+84%
Fitter and Turner1,460 EUR-28%
Forestry Strategic Planner4,280 EUR+110%
Generation Engineer3,780 EUR+86%
Genetic Engineer4,190 EUR+110%
Geological Engineer3,760 EUR+85%
Geotechnical Engineer3,880 EUR+91%
Heavy Equipment Mechanic2,270 EUR+12%
Highway Engineer3,810 EUR+88%
HSE Professional3,400 EUR+67%
Human Machine Interface Engineer3,320 EUR+63%
HVAC Engineer4,220 EUR+110%
HVAC Supervisor3,410 EUR+68%
Industrial Engineer3,640 EUR+79%
Industrial Engineering Technologist3,750 EUR+85%
Instrument Engineer3,570 EUR+76%
Instrument Technician2,130 EUR+5%
Instrumentation and Control Engineer3,760 EUR+85%
Instrumentation Designer3,400 EUR+67%
Instrumentation Engineer3,690 EUR+82%
Instrumentation Manager3,700 EUR+82%
Irrigation Engineer3,820 EUR+88%
Licensed Aircraft Engineer3,950 EUR+94%
Locomotive Engineer3,820 EUR+88%
Maintenance Engineer3,490 EUR+72%
Maintenance Fitter1,600 EUR-21%
Maintenance Manager3,650 EUR+80%
Manufacturing Engineer3,730 EUR+84%
Marine Engineer3,660 EUR+80%
Materials Engineer3,730 EUR+84%
Materials Researcher3,390 EUR+67%
Materials Technician2,790 EUR+37%
Mechanical and Electrical Engineer3,940 EUR+94%
Mechanical Design Engineer4,110 EUR+100%
Mechanical Designer3,190 EUR+57%
Mechanical Engineer4,190 EUR+110%
Mechanical Engineering Manager5,120 EUR+150%
Mechanical Inspector3,660 EUR+80%
Mechatronics Engineer4,180 EUR+110%
Mining Engineer3,790 EUR+87%
Nanotechnology Engineer4,080 EUR+100%
Natural Language Processing Engineer4,150 EUR+100%
Oil and Petrochemical Engineer3,980 EUR+96%
Optical Engineer3,720 EUR+83%
Optical Instrument Assembler2,180 EUR+7%
PCB Assembler1,520 EUR-25%
Photonics Engineer4,160 EUR+100%
Photonics Technician3,590 EUR+77%
Pipeline Engineer3,610 EUR+78%
Piping Designer2,140 EUR+5%
Piping Engineer3,550 EUR+75%
Planning Engineer4,030 EUR+98%
Pressure Vessel Inspector1,910 EUR-6%
Principal Cost Engineer3,710 EUR+83%
Principal Engineer3,660 EUR+80%
Principal Support Engineer3,820 EUR+88%
Process Engineer3,800 EUR+87%
Process Operator2,350 EUR+16%
Product Development Engineer3,750 EUR+85%
Product Development Technician2,740 EUR+35%
Product Engineer3,910 EUR+93%
Product Safety Engineer3,660 EUR+80%
Production Engineer3,960 EUR+95%
Project Engineer4,140 EUR+100%
Proposal Manager4,840 EUR+140%
Purchasing Engineer3,630 EUR+79%
Quality Assurance Engineer3,680 EUR+81%
Rail Engineer3,900 EUR+92%
Regional Field Engineer3,950 EUR+94%
Remote Sensing Engineer3,940 EUR+94%
Robotics Engineer4,450 EUR+120%
Robotics Technician3,130 EUR+54%
Safety Engineer3,650 EUR+80%
Safety Inspector2,890 EUR+42%
Safety Manager4,400 EUR+120%
Safety Officer2,030 EUR-0%
Sales Engineer4,090 EUR+100%
Scheduling Engineer3,430 EUR+69%
Security Engineer3,890 EUR+92%
Service Engineer3,820 EUR+88%
Smart Home Engineer4,030 EUR+98%
Solar Engineer3,880 EUR+91%
Staff Engineer3,690 EUR+82%
Static Equipment Engineer3,650 EUR+80%
Stationary Engineer3,590 EUR+77%
Stress Engineer3,440 EUR+69%
Structural Analysis Engineer3,770 EUR+86%
Structural Designer3,440 EUR+69%
Structural Engineer3,550 EUR+75%
Structural Technician2,540 EUR+25%
Subsea Engineer4,460 EUR+120%
Supply Chain Specialist3,620 EUR+78%
Surveyor3,000 EUR+48%
Technical Affairs Officer2,020 EUR-1%
Technical Assistant2,080 EUR+2%
Technical Engineer3,300 EUR+62%
Technical Support Engineer3,380 EUR+66%
Tender Engineer3,460 EUR+70%
Test Development Engineer3,830 EUR+89%
Test Engineer3,630 EUR+79%
Transportation Engineer3,630 EUR+79%
Urban Engineer3,910 EUR+93%
Validation Engineer3,570 EUR+76%
Verification Engineer3,690 EUR+82%
Wastewater Engineer3,790 EUR+87%
Wind Energy Engineer3,890 EUR+92%
Wind Energy Operations Manager4,700 EUR+130%
Wireless Engineer4,300 EUR+110%
Work Planner2,670 EUR+31%

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 Safety Officer in Monaco?

A good and competitive compensation would range anywhere between 1,860 EUR and 2,120 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 Safety Officer in Monaco ranges from 1,040 EUR to 1,540 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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