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Monaco: Labour Regulation

Regulatory Environment

Employment legislation in Monaco might be said to be somewhat old-fashioned. The extensive employment protection available to EU citizens does not apply, and there is not much in the way of equivalent Monégasque law.

The great majority of employees in Monaco are not Monagesque at all, but either foreign residents or day-commuters from population centres in France and Italy. Such individuals do not have a strong negotiating position with their employers. Many of them are in fact on short-term contracts which can bypass what legal protection does exist. Unemployment in Monaco is low, although much of it is probably voluntary.

There are trades unions in Monaco, and they have a Federation, which has called demonstrations from time to time to protest about job insecurity, hiring and firing practices, and the absence of statutory protection. Demonstrators are likely to be non-Monagesque, because the original citizens, called 'feudals' by other residents, receive privileged treatment and are unlikely to be discontented.

After one particularly large demonstration some years ago former Prince Rainier made some concessions, but for the most part nothing changes.

 

 

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