{"id":239207,"date":"2024-06-24T15:54:35","date_gmt":"2024-06-24T13:54:35","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2024\/06\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\/"},"modified":"2024-06-24T15:55:32","modified_gmt":"2024-06-24T13:55:32","slug":"in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2024\/06\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\/","title":{"rendered":"In Monaco, 1 in 2 private sector employees earns over \u20ac3,256 euros gross per month"},"content":{"rendered":"\n<p><strong>Monaco Statistics (IMSEE) has just published a study concerning salaries in the private sector in Monaco. Here are the figures.&nbsp;<\/strong><\/p>\n\n\n\n<p>Based on data provided by Monaco&#8217;s social security funds, the Monegasque Institute for Statistics and Economic Studies (IMSEE) has released a number of figures on private sector salaries. Most significant is the upward trend in median and average wages in the Principality. <\/p>\n\n\n\n<p>According to the study, which is based on the calculation of gross full-time equivalent salaries, the median salary increased by 5.2% in 2023, rising to \u20ac3,256 (<a href=\"https:\/\/www.monaco-tribune.com\/en\/2024\/05\/what-is-the-minimum-wage-in-monaco\/\">\u20ac1,287 higher than the minimum monthly salary<\/a>), and the average salary reached \u20ac4,841.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"956\" height=\"564\" src=\"https:\/\/www.monaco-tribune.com\/wp-content\/uploads\/2024\/06\/screenshot-2024-06-24-at-15.54.14.png\" alt=\"\" class=\"wp-image-239210\" srcset=\"https:\/\/www.monaco-tribune.com\/wp-content\/uploads\/2024\/06\/screenshot-2024-06-24-at-15.54.14.png 956w, https:\/\/www.monaco-tribune.com\/wp-content\/uploads\/2024\/06\/screenshot-2024-06-24-at-15.54.14-509x300.png 509w\" sizes=\"auto, (max-width: 956px) 100vw, 956px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-smaller-gap-between-highest-and-lowest-wages\">Smaller gap between highest and lowest wages <\/h2>\n\n\n\n<p>The study clearly shows that the gap between the highest and lowest wages is narrowing. In other words, one in ten employees earns under \u20ac2,241, an increase of 5.4% compared to the previous year, while one in ten employees earns over \u20ac7,346, just 2.5% more than in 2022. <\/p>\n\n\n\n<p>The study indicates that the three highest-paying sectors are finance and insurance, information and communication, and wholesale trade. In contrast, the three lowest-paying sectors are construction, scientific and technical activities, and retail. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mostly-men-at-the-top\">Mostly men at the top<\/h2>\n\n\n\n<p>In terms of gender equality, it is important to note that there are few women among the high wage earners, accounting for only 16.1% of the top 1%. Their average salary is 18.3% lower than that of men for an FTE in the private sector. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monaco Statistics (IMSEE) has just published a study concerning salaries in the private sector in Monaco. Here are the figures.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":47,"featured_media":238060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[247,243],"tags":[3478],"post_sectags":[],"post_format":[2465],"class_list":["post-239207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","tag-jobs","format-in-brief"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>In Monaco, 1 in 2 private sector employees earns over \u20ac3,256 euros gross per month<\/title>\n<meta name=\"description\" content=\"Monaco Statistics (IMSEE) has just published a study concerning salaries in the private sector in Monaco. Here are the figures.&nbsp; Based on data\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.monaco-tribune.com\/en\/2024\/06\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In Monaco, 1 in 2 private sector employees earns over \u20ac3,256 euros gross per month - Monaco Tribune\" \/>\n<meta property=\"og:description\" content=\"Monaco Statistics (IMSEE) has just published a study concerning salaries in the private sector in Monaco. Here are the figures.&nbsp; Based on data\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.monaco-tribune.com\/en\/2024\/06\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\/\" \/>\n<meta property=\"og:site_name\" content=\"Monaco Tribune\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MonacoTribune\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-24T13:54:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-24T13:55:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.monaco-tribune.com\/wp-content\/uploads\/2024\/06\/monaco-port-fontvieille.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Agathe Ch\u00e9reau\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@MonacoTribune\" \/>\n<meta name=\"twitter:site\" content=\"@MonacoTribune\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/\"},\"author\":{\"name\":\"Agathe Ch\u00e9reau\",\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/#\\\/schema\\\/person\\\/fba2f8d5a098d473c92e84cc43a8f730\"},\"headline\":\"In Monaco, 1 in 2 private sector employees earns over \u20ac3,256 euros gross per month\",\"datePublished\":\"2024-06-24T13:54:35+00:00\",\"dateModified\":\"2024-06-24T13:55:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/\"},\"wordCount\":239,\"publisher\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.monaco-tribune.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/monaco-port-fontvieille.jpg\",\"keywords\":[\"Jobs\"],\"articleSection\":[\"Business\",\"News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/\",\"url\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/\",\"name\":\"In Monaco, 1 in 2 private sector employees earns over \u20ac3,256 euros gross per month\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2024\\\/06\\\/in-monaco-1-in-2-private-sector-employees-earns-over-e3256-euros-gross-per-month\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.monaco-tribune.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/monaco-port-fontvieille.jpg\",\"datePublished\":\"2024-06-24T13:54:35+00:00\",\"dateModified\":\"2024-06-24T13:55:32+00:00\",\"description\":\"Monaco Statistics (IMSEE) has just published a study concerning salaries in the private sector in Monaco. 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