Greece
Make employment in Greece easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Greece, all in one easy-to-use platform.
- Capital City
Athens
- Currency
Euro (€, EUR)
- Languages
Greek
- Population size
10,724,599
Facts & Stats
- Capital City
Athens
- Currency
Euro (€, EUR)
- Languages
Greek
- Population size
10,724,599
- Ease of doing business
Easy
- Cost of living index
$$$ (39 of 139 nations)
- Payroll frequency
Monthly
- VAT - standard rate
24%
- GDP - real growth rate
1.9 (2019)
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
Looking to employ workers in Greece? Companies hiring in Greece must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.
Remote can employ your team in Greece on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Greece team. You can also pay contractors now in Greece with Remote.
Risks of misclassification
Greece, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Greece may lead to fines and penalties for the offending company.
Employing in Greece
Greek employment provisions are spelled out across several government regulations which define terms for employee protections, workers’ rights, and labour 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.
Minimum Wage
As of 1 April 2024, the statutory minimum wage and the statutory minimum daily wage for full-time employment for all employees and skilled workers throughout Greece with an employment relationship governed by private law, without age discrimination, was set in accordance with the provisions of Ministerial Decision No 25058/29.3.2024 (Government Gazette, Series II, No 1974).
More specifically:
a) for employees, the minimum wage is set at eight hundred and thirty euro (EUR 830.00);
b) for skilled workers, the minimum daily wage is set at thirty-seven euro and seven cents (EUR 35.07).
Payroll Cycle
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.
Workers in Greece are also entitled to the equivalent of 14 months pay in a year. This includes the normal 12 month pay, one month pay as a Christmas bonus; half a month pay as an Easter bonus; and half a month pay as an annual holiday bonus. The Christmas, Easter, and annual holiday bonus payments are all treated as part of the agreed salary in Greece. Employers looking to calculate the total cost of employment should include these payments.
Onboarding Time
We can help you get a new employee started in Greece fast. The minimum onboarding time we need is only 4 working days.
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.
13 Public holidays
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Effortless HR in Greece: Take the Tour
Competitive benefits package in Greece
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practising “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
Our benefits packages in Greece are tailored to fulfil the local needs of your employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Fair Pricing in Greece
Employer of Record
Hire and pay your global team
Starting at $800/month
paid annually, or S$940/month paid monthly
Top features
Satisfaction guaranteed
No deposits or hidden fees
Zero onboarding or offboarding fees
Compliant equity incentives support including withholding and reporting
Built-in security and compliance
Fast onboarding (average 2-3 days)
Flexible, localised benefits
Contractor Management
Compliantly onboard and pay contractors
$39
per contractor/month
Top features
Only pay for contractors you actively work with
Work with contractors in 200+ countries and territories
Create, edit, and sign tailored, localised contracts
Approve contractor invoices with one click or auto-pay
Transparent payments with complete visibility
Payroll
Consolidate your multi-country payroll
$39
per employee/month
Top features
Simplify: Comprehensive platform that integrates all payroll functions
Support: Personalised assistance with a dedicated team and specialists
Accuracy: Test runs and parallel pay runs before implementation
Compliance: Adhere to local labour laws in every country
Timeliness: Accurate and on-time payroll with labour authority reporting handled
Experience: Seamless payroll with easy access to payslips and expenses
Top features
Guided onboarding and offboarding
Employee profile and document management
Time and attendance (time off and tracking)
Expense management and reimbursement
Employee self-serve on the platform and mobile app