Safety Officer Average Salary in Monaco 2024
How much money does a person working as Safety Officer make in Monaco?
LOW
1,040
EUR AVERAGE
2,030
EUR HIGH
3,130
EUR
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
Salary Structure and Pay Scale Comparison
1,850 EUR or more
1,650 to 1,850 EUR
1,190 EUR or less
1,190 to 1,650 EUR
 1,040 EUR |
1,860 EUR |
3,130 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 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 |
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.
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.
Typical Salary Progress for Most Careers
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 |
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 and Compensation Comparison By Gender / Safety Officer / 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 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 |
Salary Comparison By Gender in Monaco for all Careers
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.
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 / Safety Officer / Monaco
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/monaco/engineering/safety-officer/annual-salary-bonus-rate-monaco-safety-officer.jpg
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 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 / Safety Officer / Monaco
12 EUR per hourThe 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.
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 Title | Average Salary |
| Engineering |  -100% | |
| 3D Printing Engineer | 3,470 EUR |  +71% |
| Acoustics Engineer | 3,740 EUR | +84% |
| Assembly Engineering Technician | 2,920 EUR | +44% |
| Assistant Chief Engineer | 4,280 EUR | +110% |
| Associate Engineer | 3,410 EUR | +68% |
| AutoCAD Drafter | 2,370 EUR | +17% |
| Autocad Operator | 2,430 EUR | +20% |
| Automation Engineer | 3,990 EUR | +96% |
| Avionic System Support Engineer | 3,690 EUR | +82% |
| Biochemical Engineer | 3,380 EUR | +66% |
| BMS Engineer | 3,510 EUR | +73% |
| Bridge and Lock Tender | 2,120 EUR | +4% |
| Broadcast Engineer | 3,720 EUR | +83% |
| CAD Design Engineer | 3,790 EUR | +87% |
| CAD Designer | 2,520 EUR | +24% |
| CAE Engineer | 3,660 EUR | +80% |
| Ceramics Engineer | 3,360 EUR | +65% |
| Chemical Engineer | 3,960 EUR | +95% |
| Civil Drafter | 2,570 EUR | +27% |
| Civil Engineer | 3,920 EUR | +93% |
| Civil Site Engineer | 3,970 EUR | +95% |
| Civil Technician | 2,330 EUR | +15% |
| Cognitive Engineer | 3,440 EUR | +69% |
| Commissioning Engineer | 3,540 EUR | +74% |
| Communications Engineer | 4,250 EUR | +110% |
| Condition Monitoring Engineer | 3,380 EUR | +66% |
| Contract Associate Engineer | 3,440 EUR | +69% |
| Contract Engineer | 3,590 EUR | +77% |
| Control Systems Engineer | 3,780 EUR | +86% |
| Controls Engineer | 3,650 EUR | +80% |
| Controls Software Engineer | 3,230 EUR | +59% |
| Corrosion Engineer | 3,410 EUR | +68% |
| Design Engineer | 4,050 EUR | +99% |
| Director of Engineering | 7,560 EUR | +270% |
| Drafter | 2,470 EUR | +22% |
| Drafting Manager | 4,460 EUR | +120% |
| Drilling Engineer | 3,650 EUR | +80% |
| Drilling Foreman | 1,310 EUR | -35% |
| Electrical Draughtsman | 2,140 EUR | +5% |
| Electrical Engineer | 4,260 EUR | +110% |
| Electrical Engineering Manager | 5,160 EUR | +150% |
| Electromechanical Engineering Technologist | 3,930 EUR | +94% |
| Electromechanical Equipment Assembler | 2,160 EUR | +6% |
| Energy Engineer | 3,980 EUR | +96% |
| Engine Assembler | 1,790 EUR | -12% |
| Engineer | 4,040 EUR | +99% |
| Engineering Account Manager | 4,440 EUR | +120% |
| Engineering Chief Designer | 4,420 EUR | +120% |
| Engineering Consultant | 5,240 EUR | +160% |
| Engineering Key Account Manager | 5,450 EUR | +170% |
| Engineering Lab Technician | 3,740 EUR | +84% |
| Engineering Manager | 4,990 EUR | +150% |
| Engineering Planning Manager | 5,310 EUR | +160% |
| Engineering Production Manager | 6,400 EUR | +220% |
| Engineering Project Analyst | 4,200 EUR | +110% |
| Engineering Project Coordinator | 4,470 EUR | +120% |
| Engineering Project Director | 7,700 EUR | +280% |
| Engineering Project Leader | 5,020 EUR | +150% |
| Engineering Project Manager | 5,240 EUR | +160% |
| Engineering Research and Development Manager | 5,660 EUR | +180% |
| Engineering Safety Coordinator | 2,920 EUR | +44% |
| Engineering Sales Manager | 5,090 EUR | +150% |
| Engineering Technician | 3,040 EUR | +50% |
| Engineering Technologist | 2,880 EUR | +42% |
| Environmental Engineer | 3,560 EUR | +75% |
| Equipment Engineer | 3,480 EUR | +71% |
| Equipment Engineering Manager | 5,100 EUR | +150% |
| Estimator | 3,420 EUR | +68% |
| Fabrication Specialist | 2,800 EUR | +38% |
| Fabricator | 1,990 EUR | -2% |
| Facade Engineer | 3,670 EUR | +81% |
| Fiber Analyst | 2,330 EUR | +15% |
| Field Engineer | 3,860 EUR | +90% |
| Field Engineering Manager | 6,340 EUR | +210% |
| Fire Engineer | 3,740 EUR | +84% |
| Fitter and Turner | 1,460 EUR | -28% |
| Forestry Strategic Planner | 4,280 EUR | +110% |
| Generation Engineer | 3,780 EUR | +86% |
| Genetic Engineer | 4,190 EUR | +110% |
| Geological Engineer | 3,760 EUR | +85% |
| Geotechnical Engineer | 3,880 EUR | +91% |
| Heavy Equipment Mechanic | 2,270 EUR | +12% |
| Highway Engineer | 3,810 EUR | +88% |
| HSE Professional | 3,400 EUR | +67% |
| Human Machine Interface Engineer | 3,320 EUR | +63% |
| HVAC Engineer | 4,220 EUR | +110% |
| HVAC Supervisor | 3,410 EUR | +68% |
| Industrial Engineer | 3,640 EUR | +79% |
| Industrial Engineering Technologist | 3,750 EUR | +85% |
| Instrument Engineer | 3,570 EUR | +76% |
| Instrument Technician | 2,130 EUR | +5% |
| Instrumentation and Control Engineer | 3,760 EUR | +85% |
| Instrumentation Designer | 3,400 EUR | +67% |
| Instrumentation Engineer | 3,690 EUR | +82% |
| Instrumentation Manager | 3,700 EUR | +82% |
| Irrigation Engineer | 3,820 EUR | +88% |
| Licensed Aircraft Engineer | 3,950 EUR | +94% |
| Locomotive Engineer | 3,820 EUR | +88% |
| Maintenance Engineer | 3,490 EUR | +72% |
| Maintenance Fitter | 1,600 EUR | -21% |
| Maintenance Manager | 3,650 EUR | +80% |
| Manufacturing Engineer | 3,730 EUR | +84% |
| Marine Engineer | 3,660 EUR | +80% |
| Materials Engineer | 3,730 EUR | +84% |
| Materials Researcher | 3,390 EUR | +67% |
| Materials Technician | 2,790 EUR | +37% |
| Mechanical and Electrical Engineer | 3,940 EUR | +94% |
| Mechanical Design Engineer | 4,110 EUR | +100% |
| Mechanical Designer | 3,190 EUR | +57% |
| Mechanical Engineer | 4,190 EUR | +110% |
| Mechanical Engineering Manager | 5,120 EUR | +150% |
| Mechanical Inspector | 3,660 EUR | +80% |
| Mechatronics Engineer | 4,180 EUR | +110% |
| Mining Engineer | 3,790 EUR | +87% |
| Nanotechnology Engineer | 4,080 EUR | +100% |
| Natural Language Processing Engineer | 4,150 EUR | +100% |
| Oil and Petrochemical Engineer | 3,980 EUR | +96% |
| Optical Engineer | 3,720 EUR | +83% |
| Optical Instrument Assembler | 2,180 EUR | +7% |
| PCB Assembler | 1,520 EUR | -25% |
| Photonics Engineer | 4,160 EUR | +100% |
| Photonics Technician | 3,590 EUR | +77% |
| Pipeline Engineer | 3,610 EUR | +78% |
| Piping Designer | 2,140 EUR | +5% |
| Piping Engineer | 3,550 EUR | +75% |
| Planning Engineer | 4,030 EUR | +98% |
| Pressure Vessel Inspector | 1,910 EUR | -6% |
| Principal Cost Engineer | 3,710 EUR | +83% |
| Principal Engineer | 3,660 EUR | +80% |
| Principal Support Engineer | 3,820 EUR | +88% |
| Process Engineer | 3,800 EUR | +87% |
| Process Operator | 2,350 EUR | +16% |
| Product Development Engineer | 3,750 EUR | +85% |
| Product Development Technician | 2,740 EUR | +35% |
| Product Engineer | 3,910 EUR | +93% |
| Product Safety Engineer | 3,660 EUR | +80% |
| Production Engineer | 3,960 EUR | +95% |
| Project Engineer | 4,140 EUR | +100% |
| Proposal Manager | 4,840 EUR | +140% |
| Purchasing Engineer | 3,630 EUR | +79% |
| Quality Assurance Engineer | 3,680 EUR | +81% |
| Rail Engineer | 3,900 EUR | +92% |
| Regional Field Engineer | 3,950 EUR | +94% |
| Remote Sensing Engineer | 3,940 EUR | +94% |
| Robotics Engineer | 4,450 EUR | +120% |
| Robotics Technician | 3,130 EUR | +54% |
| Safety Engineer | 3,650 EUR | +80% |
| Safety Inspector | 2,890 EUR | +42% |
| Safety Manager | 4,400 EUR | +120% |
| Safety Officer | 2,030 EUR | -0% |
| Sales Engineer | 4,090 EUR | +100% |
| Scheduling Engineer | 3,430 EUR | +69% |
| Security Engineer | 3,890 EUR | +92% |
| Service Engineer | 3,820 EUR | +88% |
| Smart Home Engineer | 4,030 EUR | +98% |
| Solar Engineer | 3,880 EUR | +91% |
| Staff Engineer | 3,690 EUR | +82% |
| Static Equipment Engineer | 3,650 EUR | +80% |
| Stationary Engineer | 3,590 EUR | +77% |
| Stress Engineer | 3,440 EUR | +69% |
| Structural Analysis Engineer | 3,770 EUR | +86% |
| Structural Designer | 3,440 EUR | +69% |
| Structural Engineer | 3,550 EUR | +75% |
| Structural Technician | 2,540 EUR | +25% |
| Subsea Engineer | 4,460 EUR | +120% |
| Supply Chain Specialist | 3,620 EUR | +78% |
| Surveyor | 3,000 EUR | +48% |
| Technical Affairs Officer | 2,020 EUR | -1% |
| Technical Assistant | 2,080 EUR | +2% |
| Technical Engineer | 3,300 EUR | +62% |
| Technical Support Engineer | 3,380 EUR | +66% |
| Tender Engineer | 3,460 EUR | +70% |
| Test Development Engineer | 3,830 EUR | +89% |
| Test Engineer | 3,630 EUR | +79% |
| Transportation Engineer | 3,630 EUR | +79% |
| Urban Engineer | 3,910 EUR | +93% |
| Validation Engineer | 3,570 EUR | +76% |
| Verification Engineer | 3,690 EUR | +82% |
| Wastewater Engineer | 3,790 EUR | +87% |
| Wind Energy Engineer | 3,890 EUR | +92% |
| Wind Energy Operations Manager | 4,700 EUR | +130% |
| Wireless Engineer | 4,300 EUR | +110% |
| Work Planner | 2,670 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 |
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
