Average Manicurist and Pedicurist Salary in Monaco for 2024

In this article, we will look at the average Manicurist and Pedicurist salary for 2024 in Monaco and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Manicurist and Pedicurist Make in Monaco?

A Manicurist and Pedicurist working in Monaco will typically earn around 17,560 EUR per year, and this can range from the lowest average salary of about 9,440 EUR to the highest average salary of 24,720 EUR.

Average Annual Salary
17,560 EUR
Average Monthly Salary
1,463 EUR

Lowest Annual Salary
9,440 EUR
Lowest Monthly Salary
786 EUR

Highest Annual Salary
24,720 EUR
Highest Monthly Salary
2,060 EUR

These are average salaries for a Manicurist and Pedicurist in Monaco and include benefits such as housing and transport. It's also possible for a Manicurist and Pedicurist to earn more or less than the average salaries shown above.

Manicurist and Pedicurist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Manicurist and Pedicurist Salaries in Monaco

So we've looked at the average salaries a Manicurist and Pedicurist will earn in Monaco. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Manicurist and Pedicurist can earn between 9,440 EUR and 24,720 EUR on average in Monaco. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Manicurist and Pedicurist in Monaco is 14,140 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 14,140 EUR, and 50% of the population earn more than 14,140 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Manicurist and Pedicurist salary in Monaco, 25% of the population are earning less than 10,080 EUR while 75% of the population earn more than 10,080 EUR.

75% of the population earn less than 18,900 EUR, and 25% of the population earn more than 18,900 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Manicurist and Pedicurist Salary by Experience Level in Monaco

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average manicurist and pedicurist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Manicurist and Pedicurist in Monaco that has less than two years of experience can expect to earn somewhere in the region of 12,300 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Manicurist and Pedicurist salary would increase to 13,960 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Manicurist and Pedicurist, the average salary would be 18,780 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 21,020 EUR.
  • 15 - 20 Years Experience. A Manicurist and Pedicurist with 15 to 20 years of experience can earn an average of 24,280 EUR.
  • 20+ Years Experience. For a Manicurist and Pedicurist with more than 20 years, the expected average salary increases to 25,940 EUR.

Average Salary by Experience Chart

0-2 Years
12,300 EUR
2-5 Years +26%
13,960 EUR
5-10 Years +32%
18,780 EUR
10-15 Years +18%
21,020 EUR
15-20 Years +11%
24,280 EUR
20+ Years +6%
25,940 EUR

Manicurist and Pedicurist Salary by Education Level in Monaco

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Manicurist and Pedicurist in Monaco based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Manicurist and Pedicurist in Monaco with a high school education can earn an average salary of 15,880 EUR.

  • Certificate or Diploma. A Manicurist and Pedicurist in Monaco with a certificate or diploma education can earn an average salary of 24,280 EUR.

Average Salary by Education Chart

High School
15,880 EUR
Certificate or Diploma +56%
24,280 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Monaco is around 21,200 to 63,600 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Manicurist and Pedicurist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Monaco, a male manicurist and pedicurist will earn an average of 17,620 EUR, while a female manicurist and pedicurist will earn around 17,860 EUR.

This means that a male manicurist and pedicurist earns approximately 1% less than a female manicurist and pedicurist for performing the same job.

Average Salary by Gender Chart in Monaco

Male
17,620 EUR
Female +1%
17,860 EUR

Manicurist and Pedicurist Average Pay Raise in Monaco

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Manicurist and Pedicurist in Monaco is around 7% every 28 months.

The national average pay raise across all professions and industries in Monaco is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Manicurist and Pedicurist in Monaco can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Monaco for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Monaco.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Manicurist and Pedicurist Bonus and Incentive Rates in Monaco

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Manicurist and Pedicurist is a low bonus based job, with 32% of employees reporting at least one bonus in the last 12 months.

68% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 4% to 5%.

Received Bonus
32%
No Bonus
68%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Monaco earn approximately 6% more than private sector employees in the same role.

Public Sector
52,880 EUR
Private Sector -6%
49,820 EUR

Salaries for Jobs Similar to a Manicurist and Pedicurist

In the table below, we have salary information for jobs that are similar to a Manicurist and Pedicurist in Monaco.

Job Title Category Salary
Aromatherapist Fitness / Hair / Beauty 53,840 EUR
Art Therapist Fitness / Hair / Beauty 38,700 EUR
Assistant Spa Manager Fitness / Hair / Beauty 44,300 EUR
Beauty Advisor Fitness / Hair / Beauty 40,600 EUR
Beauty Educator Fitness / Hair / Beauty 47,120 EUR
Beauty Shop Coordinator Fitness / Hair / Beauty 27,480 EUR
Beauty Specialist Fitness / Hair / Beauty 41,180 EUR
Beauty Supply Manager Fitness / Hair / Beauty 69,580 EUR
Beauty Therapist Fitness / Hair / Beauty 38,780 EUR
Cosmetic Sales Fitness / Hair / Beauty 23,140 EUR
Cosmetologist Fitness / Hair / Beauty 35,340 EUR
Day Spa Manager Fitness / Hair / Beauty 71,660 EUR
Esthetician Fitness / Hair / Beauty 20,500 EUR
Fitness and Wellness Coordinator Fitness / Hair / Beauty 40,600 EUR
Fitness Instructor Fitness / Hair / Beauty 27,020 EUR
Grooming Salon Manager Fitness / Hair / Beauty 63,320 EUR
Hair Replacement Specialist Fitness / Hair / Beauty 60,600 EUR
Hair Stylist Fitness / Hair / Beauty 24,720 EUR
Health Coach Fitness / Hair / Beauty 50,540 EUR
Health Educator Fitness / Hair / Beauty 62,420 EUR
Massage Therapist Fitness / Hair / Beauty 33,960 EUR
Masseur Fitness / Hair / Beauty 24,860 EUR
Natural Remedy Consultant Fitness / Hair / Beauty 52,380 EUR
Naturopath and Acupuncturist Fitness / Hair / Beauty 23,260 EUR
Occupational Therapist Fitness / Hair / Beauty 36,940 EUR
Occupational Therapy Assistant Fitness / Hair / Beauty 26,500 EUR
Physical Therapy Attendant Fitness / Hair / Beauty 25,940 EUR
Recreational Therapist Fitness / Hair / Beauty 32,900 EUR
Salon Assistant Fitness / Hair / Beauty 23,360 EUR
Salon Manager Fitness / Hair / Beauty 66,820 EUR
Spa Manager Fitness / Hair / Beauty 66,120 EUR
Spa Supervisor Fitness / Hair / Beauty 57,860 EUR
Sport and Recreation Manager Fitness / Hair / Beauty 74,620 EUR
Tattoo Artist Fitness / Hair / Beauty 21,380 EUR
Weight Loss Consultant Fitness / Hair / Beauty 67,320 EUR
Yoga Instructor Fitness / Hair / Beauty 45,260 EUR

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