Because Monaco does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Monaco. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.

What is the Monaco Minimum Wage?

Monaco's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.

Monaco's minimum wage is €8.71 per hour (the same as the French minimum wage for full-time work), plus a 5% adjustment. Monaco's minimum wage was last changed in N/A .

How does Monaco's minimum wage compare to the minimum wage in other countries?

Monaco's yearly minimum wage is $0.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are countries with a higher Minimum Wage then Monaco, and Monaco is in the top 0 percent of all countries based on the yearly minimum wage rate.

Translate This Page: ar • bg • cs • da • nl • et • fi • fr • de • el • ht • he • hu • id • it • ja • ko • lv • lt • no • pl • pt • ro • ru • sk • sl • es • sv • th • tr • uk • vi • (Translations by Microsoft)

World Minimum Wage Resource © 2009-2012 Minimum-Wage.org and Marathon Studios Enterprises