Electronic Payslips (BPEs) are Introduced in the Principality

In 2020, Monegasque businesses will be able, if they so wish, to switch to paperless payslips.  This is a further step towards a digital Principality and is quite significant, as businesses in the private sector generate almost 620,000 payslips every year.  They can therefore count on making savings in terms of time, space and expense, as the cost of a paper payslip is three times higher than that of a digital payslip.

Electronic payslips were authorised by Act No. 1.482 of 17 December 2019 on a digital Principality (Article 39) and gave rise to a Ministerial Decree of 20 December 2019, which sets out the conditions.

The system is flexible, as digitisation is not mandatory.  Employers can choose whether to switch to digital payslips and employees can oppose it, if they wish.  Both also have the option of changing their minds at a later date.  This flexibility is also reflected in the management of digital payslips, since employers can choose to keep the electronic payslips themselves or use a service provider.

The system also protects workers' rights.  Digital payslips are communicated in a private and secure manner and are certified beforehand with an electronic stamp or signature.  They contain exactly the same information and are kept for the same length of time as paper payslips.

Modernity, ecology and economy, with a flexible, protective mechanism;  although digitisation of payslips is not compulsory, it could well be a "win, win, win" New Year's resolution.

As regards civil servants and Government officials, electronic payslips will be issued as a second phase.