Minimum wage in Monaco

€12.31 per hour¹

per hourGeneral rate since June 1, 2026

Also stated as €480.09 / week · €2,080.39 / month

Next change

No scheduled increase on record.

Since 2026Full history

Weekly, 40 hours€492.40

Monthly, 52 weeks ÷ 12€2,133.73

Annual, 2,080 hours€25,604.80

Overtime, 1.5×€18.47

6 rates in force

Rates by worker type, industry and employer size

The highest rate that fits the job applies.

Applies to	Rate	Effective
Youth · age 17 to 18 Source: Circulaire n° 2026-8 du 26 mai 2026 (Journal de Monaco n° 8802) Taux horaire Âge \| Normal \| + 25 % \| + 50 % \| + de 18 ans \| 12,31 € \| 15,39 € \| 18,47 € \| de 17 à 18 ans \| 11,08 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er juin 2026' (follows the French SMIC revaluation), hourly rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€11.08/ hourJune 1, 2026	June 1, 2026
Youth · age 16 to 17 Source: Circulaire n° 2026-8 du 26 mai 2026 (Journal de Monaco n° 8802) Taux horaire Âge \| Normal \| + 25 % \| + 50 % \| + de 18 ans \| 12,31 € \| 15,39 € \| 18,47 € \| de 17 à 18 ans \| 11,08 € \| \| \| de 16 à 17 ans \| 9,85 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er juin 2026' (follows the French SMIC revaluation), hourly rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€9.85/ hourJune 1, 2026	June 1, 2026
Youth · age 17 to 18 Source: Circulaire n° 2026-8 du 26 mai 2026 (Journal de Monaco n° 8802) Taux hebdomadaire (SMIC horaire X 39 h) + de 18 ans \| 480,09 € \| de 17 à 18 ans \| 432,12 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er juin 2026' (follows the French SMIC revaluation), weekly (hourly SMIC x 39 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€432.12/ weekJune 1, 2026	June 1, 2026
Youth · age 16 to 17 Source: Circulaire n° 2026-8 du 26 mai 2026 (Journal de Monaco n° 8802) Taux hebdomadaire (SMIC horaire X 39 h) + de 18 ans \| 480,09 € \| de 17 à 18 ans \| 432,12 € \| de 16 à 17 ans \| 384,15 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er juin 2026' (follows the French SMIC revaluation), weekly (hourly SMIC x 39 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€384.15/ weekJune 1, 2026	June 1, 2026
Youth · age 17 to 18 Source: Circulaire n° 2026-8 du 26 mai 2026 (Journal de Monaco n° 8802) Taux mensuel (SMIC mensuel X 169 h) + de 18 ans \| 2.080,39 € \| de 17 à 18 ans \| 1.872,52 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er juin 2026' (follows the French SMIC revaluation), monthly (x 169 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€1,872.52/ monthJune 1, 2026	June 1, 2026
Youth · age 16 to 17 Source: Circulaire n° 2026-8 du 26 mai 2026 (Journal de Monaco n° 8802) Taux mensuel (SMIC mensuel X 169 h) + de 18 ans \| 2.080,39 € \| de 17 à 18 ans \| 1.872,52 € \| de 16 à 17 ans \| 1.664,65 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er juin 2026' (follows the French SMIC revaluation), monthly (x 169 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€1,664.65/ monthJune 1, 2026	June 1, 2026

2026 to 2026

History

Each step is a rate row with its own quoted source.

€0€5€10€1520262027Today€12.02€12.31

Show the history as a table

Applies to	Rate	Effective	Until
Standard Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux horaire Âge \| Normal \| + 25 % \| 50 % \| + de 18 ans \| 12,02 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), hourly rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€12.02January 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026

Earlier rules by employer size, worker type and condition (6)

Applies to	Rate	Effective	Until
Youth · age 17 to 18 Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux horaire Âge \| Normal \| + 25 % \| 50 % \| + de 18 ans \| 12,02 € \| 15,03 € \| 18,03 € \| de 17 à 18 ans \| 10,82 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), hourly rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€10.82/ hourJanuary 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026
Youth · age 16 to 17 Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux horaire Âge \| Normal \| + 25 % \| 50 % \| + de 18 ans \| 12,02 € \| 15,03 € \| 18,03 € \| de 17 à 18 ans \| 10,82 € \| \| \| de 16 à 17 ans \| 9,62 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), hourly rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€9.62/ hourJanuary 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026
Youth · age 17 to 18 Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux hebdomadaire (SMIC horaire X 39 h) + de 18 ans \| 468,78 € \| de 17 à 18 ans \| 421,98 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), weekly (hourly SMIC x 39 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€421.98/ weekJanuary 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026
Youth · age 16 to 17 Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux hebdomadaire (SMIC horaire X 39 h) + de 18 ans \| 468,78 € \| de 17 à 18 ans \| 421,98 € \| de 16 à 17 ans \| 375,18 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), weekly (hourly SMIC x 39 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€375.18/ weekJanuary 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026
Youth · age 17 to 18 Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux mensuel (SMIC mensuel X 169 h) + de 18 ans \| 2.031,38 € \| de 17 à 18 ans \| 1.828,58 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), monthly (x 169 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€1,828.58/ monthJanuary 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026
Youth · age 16 to 17 Source: Circulaire n° 2025-13 du 19 décembre 2025 (Journal de Monaco n° 8779) Taux mensuel (SMIC mensuel X 169 h) + de 18 ans \| 2.031,38 € \| de 17 à 18 ans \| 1.828,58 € \| de 16 à 17 ans \| 1.625,78 € Source agency page snapshot September 26, 2026 Notes Direction du Travail circular: SMIC applicable in Monaco 'à compter du 1er janvier 2026' (follows the French SMIC revaluation), monthly (x 169 h) rate. Employers must add the 5% indemnité exceptionnelle of A.M. 63-131 on top. Verified September 26, 2026	€1,625.78/ monthJanuary 1, 2026 – June 1, 2026	January 1, 2026	June 1, 2026

€12.31 / hour

Calculators

Estimates before tax at this rate. Nothing you type leaves this page.

What this wage pays

Hours per week

Gross pay before tax · €12.31
Weekly	€492.40
Monthly52 weeks ÷ 12	€2,133.73
Annual52 weeks	€25,604.80
Overtime rate1.5× where overtime applies	€18.47

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Frequently asked questions

What is the minimum wage in Monaco?

€12.31 per hour since June 1, 2026. For a 40-hour week that is about €492.40 a week or €25,604.80 a year before tax.

Is the minimum wage in Monaco increasing?

No increase is scheduled on record as of October 1, 2026. Inflation-indexed jurisdictions announce the next figure a few months before it takes effect.

What is the minimum wage for young or new workers in Monaco?

Youth (age 17 to 18): €11.08 per hour; Youth (age 16 to 17): €9.85 per hour; Youth (age 17 to 18): €432.12 per week; Youth (age 16 to 17): €384.15 per week; Youth (age 17 to 18): €1,872.52 per month; Youth (age 16 to 17): €1,664.65 per month.

1 level of law

How this rate is resolved

The highest minimum that covers the work location applies.

Employers must pay the highest minimum that covers the work location. WageTable checks each level in turn:

Monaco

Monaco sets 9 rules of its own. Year pages: 2026, 2027.

Notes on this jurisdiction's rules and sources

Monaco applies the French SMIC as its minimum wage (salaire minimum interprofessionnel de croissance), revalued whenever the French SMIC changes, announced by Direction du Travail circular in the Journal de Monaco. Minimum pay must also carry the 5% exceptional allowance (indemnité exceptionnelle) of Arrêté ministériel n° 63-131.

Monaco

Enforcement

Enforced by Direction du Travail.

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