Facts & stats
Greece, officially known as the Hellenic Republic (Greek: Ελληνική Δημοκρατία; Ellinikí Dimokratía) is a sovereign democracy located in Southeast Europe.
Considered the birthplace of western civilization, Greece has given us democracy, theatre, philosophy, and pathfinders like Hippocrates, Herodotus, and Alexander the Great.
On the economic front, Greece is home to a highly educated population with a large proportion of skilled professionals. The nation is driven by its tourism and shipping industries, but the high quality of living and natural beauty of the Hellenic nation creates an attractive proposition for remote workers and those looking to relocate.
Grow your team in Greece with Remote
To employ in Greece, companies must own a local legal entity in the country or work with a global employment solution. Managing payroll, benefits, taxes, and compliance in Greece can get complicated, especially without established local relationships.
Remote’s global employment solution makes it easy for your company to employ workers in Greece quickly, efficiently, and in full compliance with all applicable labor laws. We take on the responsibility and legal risks of international employment so you can focus on hiring great talent and growing your business.
Greece, like many other countries, treats self-employed individuals or contractors and full-time workers differently and there are risks associated with misclassification.
Employing in Greece
Greek employment provisions are spelled out across several government regulations which define terms for employee protections, workers’ rights, and labor relations applicable to Greece’s workforce of 4.7 million. Employees in Greece enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process may cover the topics of supplemental benefits, overtime rates, and additional paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Greece.
|Date||Holiday Name||Extra information|
|New Year’s Day|
|Greek Independence Day|
|Good Friday (Eastern), Holy and Great Friday|
|Orthodox Easter Monday|
|Dormition of the Mother of God|
|2nd Day of Christmas|
The Greek minimum wage is set at €758.30 per month, or €650 per month, when 13th and 14th salary payments are factored in.
- For customers of Remote, all employee payments will be made in equal monthly instalments on or before the last working day of each calendar month, payable in arrears.
We can help you get a new employee started in Greece fast. The minimum onboarding time we need is just one week.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
Competitive benefits package in Greece
Remote can help you provide a competitive and compliant benefits package for your employees in Greece. If you have questions or would like to offer a custom benefit, let us know and we can help.
Taxes in Greece
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Greece.
- 13.33% - Pension fund contribution
- 4.3% - Healthcare contribution
- 0.25% - Supplementary health contribution
- 3.25% - Supplementary insurance
- 1.41% - Additional contributions
- 6.67% - Pension fund contribution
- 2.15% - Healthcare contribution
- 0.4% - Supplementary healthcare contribution
- 3.25% - Supplementary insurance
- 1.65% - Additional contribution
Personal income tax rates
- 9% - 0 - €10,000
- 22% - €10,001 - €20,000
- 28% - €20,001 - €30,000
- 36% - €30,001 - €40,000
- 44% - Above €40,000
Types of leave
After working with an employer for an entire year, employees are entitled to a maximum of 26 days of paid time off annually. The final figure depends on their tenure with the employer’s organization.
Employees who work a five-day week get 20 prorated days of vacation annually, which increases by a day, up to 22 days, every year the employee stays with the same employer. Employees who have been in the labor force for 12 years, with 10 of those spent with one employer will be entitled to 25 days of paid leave annually.
Leave entitlements are calculated at a rate of 50% of the employee’s normal wages.
There are six mandatory public holidays and nine others that employers can recognize independently. If employees are expected to work on a holiday, a bonus equivalent to a minimum of 75% of their normal wage must be paid in addition to the base wages.
Employees are entitled to 50% of their wages for the first three days of an illness, paid by the employer; employees can draw sickness benefits from the social security office, starting on the fourth day of an illness and lasting up to 720 days, depending on how long the employee worked in the previous year.
Female employees are entitled to 17 weeks of maternity leave, starting eight weeks prior to delivery. During the leave, such employees will draw a maternity benefit equivalent to a month’s wages, or just 15 days, if the employee has worked with the employer for less than a year.
Parental leave is granted to parents to enable them to share the responsibility of taking care of their young children without losing their jobs. This policy exists across all EU Member States. In Greece it is called Άδεια χωρίς αποδοχές.
Fathers are entitled to two days of paid leave upon delivery of a child and are able to have some of their partner’s maternity leave transferred to them.
Employees with children aged 16 and below are entitled to take time off to assess their children’s educational performance, up to a maximum of four days annually.
- Adoption Leave: Adoptive and foster parents can take three months of paid leave, starting when adoption or fostering proceedings are finalized.
- Education Leave: Employees who are schooling at a public school or university can request up to 30 days off work to sit for examinations once they’ve worked with an employer for at least an entire year.
- Bereavement Leave: Employees are permitted to take two working days off in event of the death of a close relative.
- Civil duty: During elections, employees can take anywhere from 1 – 3 days off work to vote at their designated polling station.
- Carer’s Leave: Employees can take up to 30 unpaid days to cater to a sick, injured, or hospitalized child.
Employee contracts can be terminated if a just cause is established, such as dishonesty, negligence, fraud, or any other work-related offenses.
Notice periods in Greece depend on employees’ seniority within the employer’s organization.
- 1 month: employed for 12 months to 2 years
- 2 months: employed for two years to 5 years
- 3 months: employed for 5 years to 10 years
- 4 months: employed for 10+ years
Severance payGreek labor laws stipulate severance payments that depend on the employee’s tenure with the employer’s organization, ranging from none, for employees who’ve worked less than a year, all the way to 24 months of monthly wages for employees who’ve worked with the same employer for at least 28 years.
The maximum length of a probationary period is one month.
Remote Greece Entity Details
Shareholder: Remote Europe Holding B.V. contributed capital of EUR 1
Address of shareholder: Pieter Basstraat 3, 1507, Zaandam Netherlands
Managers: Polykarpos Themistokleous, Ioanna Svana
Entity Name: Remote Greece S.M.P.C.
GEMI number: 159109403000
Share Capital: EUR 1
Registered Seat: Agia Paraskevi, Attica
Registered Address: Zalogou 4, 15343, Agia Paraskevi, Attica