Discover the salary of a Chemical Engineer job in Monaco. Get insights into the average pay scale, compensation benefits, and factors that influence salary. Explore the earning potential and competitive remuneration packages offered in this dynamic field. Stay informed about the latest industry trends and find out how your qualifications and experience can impact your earning potential as a Chemical Engineer.
What is the average Chemical Engineer salary in Monaco in 2024?
Average Chemical Engineer monthly salary
15,900EUR
(EUR 189,900 yearly)
Low13,500EUR
Average15,900EUR
High18,200EUR
A person working in Monaco typically earns around EUR 15,900 per month. Salaries range from EUR 13,500 (lowest average) to EUR 18,200 (highest average, actual maximum salary is higher).
This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Chemical Engineer Pay Scale and Salaries in Monaco
Pay Scale Comparison and Salary Structure
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Salary Structure
In Monaco, nearly everyone working as a Chemical Engineer earns less than EUR 30,900. Approximately 75% of Chemical Engineers in Monaco earn EUR 9,700 or less. Half of the employees in Monaco who work as Chemical Engineers earn less than EUR 6,800, while the remaining 25% of Chemical Engineers in Monaco earn less than EUR 5,100.
Minimum Wage and Starting Salary
Minimum Wage and Starting Salary, specific to Chemical Engineer, refers to the fundamental pay levels for entry-level positions in this field. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires in Chemical Engineer, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Monaco, the minimum salary for Chemical Engineer is EUR 13,500.
Median Salary
Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. In Monaco, the median salary is EUR 12,500, which is commonly used to gauge average earnings in various professions and industries. It provides a more balanced view of income distribution, making it less sensitive to extreme values.
Salary range and Percentile
Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Monaco, the salary for the position of Chemical Engineer typically ranges from EUR 13,500 to EUR 18,200.
