Download Greece Guide

By submitting this form, you agree to receive the requested information, as well as occasional communications regarding Papaya Global's products, services, and events. You can unsubscribe at any time. To read more visit privacy policy

Back

Public Holidays Calendar

Download:
CSV
PDF
ICS
Copy link
Greece 2022
Day Date Holiday Notes
Saturday Jan-1 New Year's Day
Thursday Jan-6 Epiphany
Monday Mar-7 Orthodox Clean Monday
Friday Mar-25 Annunciation of the Lord
Friday Mar-25 Independence Day
Friday Apr-22 Orthodox Good Friday
Sunday Apr-24 Orthodox Easter
Monday Apr-25 Orthodox Easter Monday
Sunday May-1 Labor Day
Monday Aug-15 Dormition of the Holy Virgin
Thursday Jan-1 The Ochi Day
Sunday Dec-25 Christmas Day
Monday Dec-26 Synaxis of the Mother of God
Countrypedia

Greece
Payroll and Benefits Guide

Last updated: Apr 18, 2022
Currency
Euro (EUR)
Payroll Frequency
Monthly
Employer Taxes
23.33% - 24.74%

Papaya Offers Complete Payroll, PEO and Contractor Management Services For Greece

Download PDF Version

Overview

Capital
Athens
Currency
Euro (EUR)
Date Format
dd/mm/yyyy
Fiscal Year
1 January- 31 December
Public holidays calendar

Contributions

Employer

Employer Payroll Contributions

13.33%

Pension Fund

4.30%

Health Care

0.25%

Health in Benefit

3.25%

Supplementary Insurance *(reduces to 3.00% 1/6/2022)

1.20%

Unemployment

1.00%

Professional Risk

1.41%

High Occupational Risk (industry specific)

23.33% - 24.74% Total Employment Cost

Employee

Employee Payroll Contributions

6.67%

Pension Fund

2.15%

Health Care

0.40%

Health in Benefit

3.25%

Supplementary Insurance *(reduces to 3.00% 1/6/2022)

1.20%

Unemployment

2.20%

High Occupational Risk (industry specific)

13.67% - 15.87% Total Employee Cost

Employee Income Tax

9.00%

0 – 10,000

22.00%

10,001 – 20,0000

28.00%

20,001 – 30,000

36.00%

30,001 – 40,000

44.00%

Over 40,001

Employee Income Tax

Employee Solidarity Tax

Addition to Employee Income Tax (only employment income from the private sector is exempt from special solidarity contribution)

0 %

0 – 12,000

2.20%

12,001 – 20,0000

5.00%

20,001 – 30,000

6.50%

30,001 – 40,000

7.50%

40,001 – 65,000

9.00%

65,001 – 220,000

10.00%

Over 220,001

Minimum Wage

General

In Greece, the minimum wage is 663.00 EUR per month effective from 1/1/2022, however, it is reported to increase again in May 2022. 

Payroll

Payroll Cycle

The payroll cycle in Greece is generally monthly, and payments must be made on the same day of the month and no later than the last working day of the month.

13th Salary

According to Greek law, all employees in the private sectors are entitled to Christmas, Easter and vacation bonuses. All these bonus payments must be paid in cash and not be paid in kind.

The payment of the Christmas bonus must be made by December 21st. In case the Christmas bonus is not paid on time, the employees should apply to the relevant Labor Inspectorate. The Labor Inspectors of SEPE are responsible for the imposition of the relevant fines.

Working Hours

General

The standard working week in Greece consists of 40 hours a week, typically 8 hours a day for a five-day working week. The working week can be increased to 48 hours a week if agreed upon by the employer or employee.

Overtime

All work above standard weekly working hours is overtime regulated by employment contract or collective agreements. When an employee is requested to work overtime or work on holidays, the maximum is 48 hours per week inclusive of overtime over four months; there are also different maximum working hours for minors.

Overtime hours more than 40 hours a week and one additional hour per working day are paid at 120.00% of the employee’s basic salary rate for daytime hours and 125.00% of the employee’s basic salary for night-time work.

Working Week

Monday-Friday

Leave

Paid Time Off

Within the first year of employment, the employee is entitled to two days of holiday for each month of employment (20 days for the year for a five-day working week, 24 for a 6-day week).  Following completion of one year of employment, the holiday entitlement increases by one day for the second and third years of service to a maximum of 22 days for a 5-day working week and 26 days for a 6-day working week.

The holiday entitlement remains the same for each year until the employee has completed ten years of service when the number of days holidays increases to 25 days and 30 days, respectively.  This increases by one day once 25 years of service has been completed, to 26 days for a five-day week and 31 days for a six-day week.

Public Holidays

7 public holidays and 4 optional holidays.

Sick Days

Employees who provide a professional medical certificate within 48 hours are entitled to an amount of paid sick leave dependent on the number of years’ service completed.

  • Employees who have completed between one and four years of service are entitled to one month paid sick leave.
  • Employees who have completed between four and ten years of service are entitled to three months paid sick leave.
  • Employees who have completed between ten and fifteen years of service are entitled to four months paid sick leave.
  • Employees who have completed more than fifteen years of service are entitled to six months paid sick leave.
  • Employees that are in the first year of employment are entitled to one month of paid sick leave, paid at 50% of the regular monthly salary.

 

Maternity Leave

Pregnant employees are entitled to a maternity leave of 119 calendar days; this benefit is paid on the condition that the employee is not working during the 56 days before the due date and the 63 days following the birth of the child.

The employer pays the first month of the maternity benefit at 100% of the employee’s regular salary rate. From the second month onwards, the employer and e-EFKA pay the benefit at a rate of 50.00% each of the regular salary rate (corresponding to the insurance contribution class of the insured person), plus payment of child benefit for each child.  There is also a Supplementary maternity allowance payable from the second month of an amount equal to the difference (if there is any) between the salary rate paid by the employer and the maternity benefit.

For any employees that are not insured, a standard maternity benefit of 220.10 EUR is paid.

Paternity Leave

In Greece, an employee is entitled to 2 days of paid paternity leave.

Parental Leave

Parental leave is available to any parent having completed one year of service, equal to four months (continuously or intermittently, as agreed with the employer) until the child reaches eight years old.

Childcare leave is available for 30 months after birth or adoption, entitling an employee to a reduction in the daily working hours by 1 hour (paid) or 18 months of a reduction of 2 hours in the daily working hours during the first 12 months. This reduces to 1 less working hour in the remaining six months or 3.5 months of paid leave taken in one period.

Other Leave

Depending on the Collective Agreement/Employment Contract terms, an employee may be allowed additional leave types, on approved between the employer and employee, for the following:

  • Marriage Leave: employees are entitled to up to five paid days when getting married.
  • Bereavement Leave: employees are entitled to paid leave of 2 days due to the death of a member of the immediate family.
  • Caretaker Leave: Each employee having completed six months of employment with the employer is entitled to 5 days paid leave for taking care of a relative or other person living in the same home with the employee
  • School Leave: For every child up to 18 years of age that attends school, both parents (full time or part-time employees) may be absent from work (without any deductions from their salaries and upon their employers’ permission) for some hours or a full day and up to four working days per year.
  • Leave in case of sickness of dependent family members: Employees are entitled to a maximum of six days’ unpaid leave per year (used continuously or intermittently) if a child or other dependent member of their family is sick. The days are increased to eight if the employee has two children and 14 if the employee has three or more children.

Termination

Termination Process

The termination process varies according to the employment agreement and collective agreement in place and based on the type of contract and reason for termination.  To terminate an employee on an indefinite contract, an employer must provide a written notice of termination, and the employee must have been registered with the Unified Social Security Fund (EFKA).

Notice Period

Collective agreements may contain provisions on notice periods. If the notice periods in the collective agreement differ from the statutory periods of notice. In that case, the employer and the employee must observe the periods of notice laid down in the collective agreement.

The amount of notice is dependent on the length of service and reason for termination.  If the contract is terminated by the employer, the notice period is as follows.

  • Employees with between 1- and 2-yearsyears’ service -1-month notice period
  • Employees with between 2- and 5-yearsyears’ service – 2 months’ notice period
  • Employees with between 5- and 10-yearsyears’ service -3 months’ notice period
  • Employees with more than 10 years’ service – 4 months’ notice period

Severance Pay

The amount of severance is based on the length of the employee’s service and ranges from one to six months of wages. The severance payment is doubled if the employer does not provide the required notice.

Probation Period

In Greece, the first year of an indefinite contract is considered a probation period.

VISA

VISA

Non-EU employees must acquire a Type D visa before arriving in Greece, allowing employees to stay in Greece for over 90 days to work.   Once an employee has arrived in Greece, they must apply for a residence/work permit within 30 days at the local municipal office or police station. Work permits typically last one year, and any work permit renewal must be done at least 60 days before its expiration.

Business visitors to Greece typically use a local version of the Schengen C Visa unless they are visa-exempt. The Schengen Area limits stay to 90 days in 180 days. Business visits must generally be limited to a few days; Greek authorities determine the exact duration of stay on a case-by-case basis.

The main work authorization categories are the Installation of Equipment Visa, suitable for short-term installation, testing, and maintenance of supplied items by technical staff under a service agreement; the Work and Residence Permit for Senior Employees, suitable for long-term work and residence under a local employment contract; the EU Blue Card, suitable for highly skilled local hires; and the EU Intra-Company Transferee (ICT) Permit, ​suitable for intra-company transfers of managers, specialists or trainees from outside the European Union.​

VAT

General

The standard rate of VAT in Greece is 24%.

Version History

April 18, 2022
Payroll contributions and personal income tax rates have been updated.
October 10, 2021
Minimum wage rose tp 758.33 EUR per month based on 14 month year.
Stay up to date on payroll & employment law changes

Questions & Answers

Subscribe
Notify of
guest
40 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Sam
Sam
1 year ago

Are people who work a six day week entitled to more paid time off than people who work a five day week?

Admin
1 year ago
Reply to  Sam

Yes, people who work a six day week are entitled to more PTO. They get 24-31 days, depending on the length of their service at the company. People who work a five day week are entitled to 20-26 days.

Elaine
Elaine
1 year ago

When calculating bonuses, is it mandatory that the additional payments (Easter, Vacation, Xmas) should be included in base pay or should it be calculated on base pay only. Thanks

Elaine
Elaine
1 year ago
Reply to  Erez Greenberg

Thanks Erez, so when calculating what bonus payout is, should I be basing this off the employees annual salary including the easter, vacation and xmas bonus or base pay only? Thanks

Aris K.
Aris K.
1 year ago

Hi, is it possible to give payment instead of notice?

Emily Kuhnert
Admin
1 year ago
Reply to  Aris K.

Hi Aris, you can pay your employee in lieu of notice, however, there must be mutual agreement between the employee and employer.

Fernanda
Fernanda
1 year ago

Hello! If working five days a week but one of the days is Saturday having a day off on Sunday and another rotative day off in the week, the employer has to pay extra for Saturday, or just normal wage? Thanks

Emily Kuhnert
Admin
1 year ago
Reply to  Fernanda

Hi Fernanda, thank you for your question. This is correct, in addition to an alternative day off, the employer would have to pay an additional 30% on top of the regular salary rate. Please note, however, that if there is a collective bargaining agreement in place, the percentage of additional pay for work on Saturday may differ slightly.

Luca
Luca
1 year ago

I am not Greek employee, after the termination of my employment could I have the right to ask back some taxes that the company paid for me ?

Diana
Diana
11 months ago

Dear all!
I would like to know, which one are the most common benefits that companies offer the employees (others than benefits by law)
Thank you so much
Kind regards
Diana

Emily Kuhnert
Admin
11 months ago
Reply to  Diana

Hi Diana, thank you for your question. The most common benefits are private health insurance, housing allowance, or car allowance.

Ajay
3 months ago
Reply to  Emily Kuhnert

on such allowances Is there any tax liability exist on part of Employee?

Emily Kuhnert
Admin
2 months ago
Reply to  Ajay

Yes, benefits are taxed unless agreed otherwise with the employer that the benefit can be grossed up.

Estera Tabor
Estera Tabor
11 months ago

Hello!
If I worked legally in a hotel in Greece which is open only for summer, is there any legal way to force employer to pay the salary? I’ve worked shortly in hotel like that. Unfortunately conditions of work weren’t good and I resigned after 6 weeks (worked in August and September). Unfortunately I still didn’t get payed for August even though upon leaving I was assured that my payment will be done till the end of September. Now we are in the middle of October and still nothing. During my work there I was told by other employees that this hotel is often late with payments. Some of them didn’t even got the last part of their money for last year. Many was getting very nervous cause they didn’t get any payments from 3 months.
So my question is: How can I “force” my recent employer to pay me for my 6 weeks of work? I really can’t wait a year to get paid.
Thank you.

Emily Kuhnert
Admin
11 months ago
Reply to  Estera Tabor

Hi Estera, unfortunately this is out of the scope of what we offer. I advise that you speak with a labor lawyer.

Anders
Anders
10 months ago

Hi,
About that extra December salary. It’s it still payable if I stop working before December 1st?

Emily Kuhnert
Admin
10 months ago
Reply to  Anders

Hi Anders, thank you for your question. Generally yes, however the amount you receive would be prorated.

Jonadab
Jonadab
8 months ago
Reply to  Emily Kuhnert

Please I am a mechanic technician living in Cyprus but I always dream of relocating to greece.am seeking for a help

Emily Kuhnert
Admin
8 months ago
Reply to  Jonadab

Hi Jonadab, if you hold EU citizenship, this is a fairly straightforward process. You would need to apply for the Greek Schengen Visa. You can find all the requirements of what you need to fill out and submit on the government website https://e-visa.mfa.gr/ElvisPortal. If you are not an EU citizen, the process is a bit more complicated, and due to current COVID-19 restrictions, this might not be possible at the moment. I suggest that you reach out to an immigration lawyer to further assist you.

Mike
Mike
10 months ago

I work at a restaurant but they didn’t give me any bonus in summer.does any law about this Matter?

Emily Kuhnert
Admin
10 months ago
Reply to  Mike

Hi, you are entitled to a 13th salary, I suggest that you speak with your employer.

Anna Corfey
Anna Corfey
8 months ago

Are Greek employees allowed to carry over their holiday time into the next year?

Emily Kuhnert
Admin
8 months ago
Reply to  Anna Corfey

Hi Anna, the employer is not required to allow their employees to carry over paid leave. In general, paid leave must be used by December 31st of each year. Any unused leave is paid out.

Anna Corfey
Anna Corfey
8 months ago
Reply to  Emily Kuhnert

Can an employer state that they are allowed to rollover “x” number of days into the following year without having to pay them out?

Emily Kuhnert
Admin
8 months ago
Reply to  Anna Corfey

Hi Anna, it is possible, however, this would need to be outlined in the employment contract.

Carmen
Carmen
8 months ago

Hello! Can employers in Greece pay for home office equipment? And can this paid in the payroll without taxes, or does the employee need to purchase the equipment and claim the invoice?

George
George
6 months ago
Reply to  Erez Greenberg

Ηello Erez 🙂 So , the above mentioned reimbursements must be given to all the employees working from home in Greece? I mean is it something that has to do with COVID19 or it should be paid no matter what? Thank you! 🙂

Nick
Nick
5 months ago

Hi guys! So, I work for a contact center company in Greece, but I represent a client in Latin America (Brazil) therefore I work night shifts due to timezone.

We only have Christmas as a paid holiday and I have to work all other bank holidays.

When there is a bank holiday in Greece I’m obliged to work (with the additional payment) as it is not a holiday in Brazil.

When there is a holiday in the Brazil, my shift starts early in the morning, so they don’t have to pay night surcharge.

According to Greek labor law, how many PAID holidays would I have the right to claim?

Company’s suggestion was to use vacation days to cover these holidays but this sounds really unfair.

Thank you in advance! 🙂

Stephanie
Stephanie
5 months ago

Hi,
I would like to know the allowance will be treated as salary and subject to social contribution and income tax? I am referring home office allowance, mobile allowance, and car allowance.

Stephanie
Stephanie
4 months ago
Reply to  Erez Greenberg

Hi, thank you very much of your reply.
is there the tax free ceiling of WFH and mobile allowance

jaki daniel
jaki daniel
15 days ago

is the summer bonus mandatory?

See how Papaya Global can help you automate your global payroll or PEO whilst staying 100% compliant with local labor laws

Get a Demo
Learn How to Comply with Local Labour Law
Learn now