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Monaco - Compensation & Benefit Legislation

CAPITAL

Monte Carlo

 

CLIMATE

Mediterranean with mild, wet winters and hot, dry summers.

 

LANGUAGES

French (official), English, Italian and Monegasque.

 

LEGAL SYSTEM

Based on French law. Monaco has not accepted compulsory ICJ jurisdiction

 

CURRENCY

Euros (1 USD = 1.07090 EUR as of June 1, 2002).

 

Monaco is not a member of the European Union (EU). However, Monaco is closely associated with the economic apparatus of the EU through its reliance upon French currency (the Euro since January 1999) as its official currency.

 

MONACO - COST-OF-LIVING

ERI's Relocation Assessor is a recommended source for cost-of-living data.

 

MONACO - EMBASSY/CONSULATES

The United States does not have a diplomatic mission located in Monaco. The U.S. Consulate General in Marseille, France, is formally accredited to Monaco.

 

U.S. Consulate General at Marseille (France)

Place Varian Fry
13286 Marseille

France

PSC 116 (MAR)
APO AE 09777

Marseille, France

Telephone: (33) 4-91-54-92-00
Fax: (33) 4-91-55-09-47 

 

Monaco does not have an embassy in the US.
 

MONACO - HOLIDAYS

 

MONACO - MINIMUM AGE

The minimum age for employment is 16 years; those employing children under that age can be punished under criminal law. Special restrictions apply to the hiring, work times, and other conditions of workers 16 to 18 years old.

 

(Section 6.d. Acceptable Conditions of Work, Monaco – Report of Human Rights Practices, 2001, U.S. Department of State.)

 

 

MONACO - MINIMUM REMUNERATION

The legal minimum wage for full-time work is the French minimum wage plus 5 percent, which is 45.91 French francs (approximately $6.30) per hour. The 5 percent adjustment was intended to compensate for the travel costs of the three-quarters of the workforce who commute daily from France.

 

The minimum wage provides a decent standard of living for a worker and family. Most workers receive more than the minimum.

 

(Section 6.e. Acceptable Conditions of Work, Monaco – Report of Human Rights Practices, 2001, U.S. Department of State.)

 

 

MONACO - REMUNERATION

ERI's Geographic and Salary Assessors are recommended sources for international remuneration covering 189 countries.

 

MONACO - REPORT OF HUMAN RIGHTS PRACTICES (2001, U.S. DEPARTMENT OF STATE)

Section 6 Worker Rights

 

a. The Right of Association

 

Workers are free to form unions, but fewer than 10 percent of workers are unionized, and relatively few workers, unionized or nonunionized, reside in the Principality. Unions are independent of both the Government and political parties.

 

The Constitution provides for the right to strike in conformity with relevant legislation; however, government workers may not strike. Strikes are rare, and there were none during the year.

The Monegasque Confederation of Unions is not affiliated with any larger labor organization but is free to join international bodies.

 

b. The Right to Organize and Bargain Collectively

 

The law provides for the free exercise of union activity, and workers exercise this right in practice. Agreements on working conditions are negotiated between organizations representing employers in a given sector of the economy and the respective union. Collective bargaining is protected by law; however, it is used rarely.

 

Antiunion discrimination is prohibited. Union representatives can be fired only with the agreement of a commission that includes two members from the employers' association and two from the labor movement. Allegations that an employee was fired for union activity may be brought before the Labor Court, which can order redress, such as the payment of damages with interest.

 

There are no export processing zones.

 

c. Prohibition of Forced or Compulsory Labor

 

The Constitution prohibits forced or compulsory labor, and there were no reports that such practices occurred.

 

The Constitution prohibits forced and bonded labor by children, and there were no reports that such practices occurred.

 

d. Status of Child Labor Practices and Minimum Age for Employment

 

The minimum age for employment is 16 years; those employing children under that age can be punished under criminal law. Special restrictions apply to the hiring, work times, and other conditions of workers 16 to 18 years old.

 

The Constitution prohibits forced and bonded labor by children, and such practices are not known to occur (see Section 6.c.).

 

e. Acceptable Conditions of Work

 

The legal minimum wage for full-time work is the French minimum wage plus 5 percent, which is approximately $6.30 (45.91 French francs) per hour. The 5 percent adjustment was intended to compensate for the travel costs of the three-quarters of the workforce who commute daily from France. The minimum wage provides a decent standard of living for a worker and family. Most workers receive more than the minimum. The legal workweek is 39 hours. The Government allows companies to reduce the workweek to 35 hours if they so choose. Health and safety standards are fixed by law and government decree. These standards are enforced by health and safety committees in the workplace and by the government Labor Inspector. Workers have the right to remove themselves from dangerous work situations.

 

f. Trafficking in Persons

 

The law does not prohibit trafficking in persons; however, there were no reports that persons were trafficked to, from, or within the country.

 

MONACO - SOCIAL SECURITY

Social Security Office of International Programs:

 

http://www.ssa.gov/SSA_Home.html

 

MONACO - STANDARD WORKWEEK

The legal workweek is 39 hours. The Government allows companies to reduce the workweek to 35 hours if they so choose.

 

(Section 6.e. Acceptable Conditions of Work, Monaco – Report of Human Rights Practices, 2001, U.S. Department of State.)