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Your guide to the employment landscape, working customs and local labor laws in Greece
Capital
Athens
Currency
Euro (EUR)
Languages
Greek, Macedonian, Albanian, Turkish
GDP per Capita
$23,538.79
Employer Tax
23.33% - 24.74%
Payroll Frequency
Monthly
Greece is a developed country with an advanced high-income economy. As the largest regional investor in the Balkan region, Greece focuses on the service sector, which comprises 85% of the total economy. Service workers, professionals, technicians, and shop and market sales workers are in great demand. Tourism is the most significant sector providing jobs and contributing to Greece’s economy.
Major economic hubs:
Athens, Thessaloniki, Patras, Heraklion
Skills in demand:
Local: 1
World: 403
Local: 2
World: 449
Local: 3
World: 645
Local: 4
World: 844
Local: 5
World: 928
Kariera, JobFind, Jobs in Greece
2,198,000
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
Some of the popular jobs in Greece and their monthly salary are as follows:
Job designation | Average Monthly salary (EUR) | Average Monthly Salary (USD) |
Accountant | 1,580 | 1,730 |
Software Engineer | 2,190 | 2,398 |
Business Analyst | 2,770 | 3,033 |
Sales Manager | 3,890 | 4,260 |
Project Manager | 2,710 | 2,968 |
Labor laws in Greece follow the basic principle of equal treatment of employees, and any direct or indirect discrimination is strictly prohibited. Employers planning to hire from Greece need to manage payroll, benefits and compensation, taxes, leaves, and other regulated criteria for their Greek employees.
Except for some specific cases, it is not mandatory to have an employment contract in writing. The job engagement details are documented, specifying the employer, employee, tenure, type of employment, and other conditions applicable to the employee during the working term in the organization. The information can be compiled in English and Greek (or any other local language) to ensure transparency and clarity on the terms and conditions.
Under Greece’s labor law, the probationary period for both fixed-term and open-ended contracts is limited to a maximum of six months.
Date | Name | Type |
January 1 | New Year Day | National Holiday |
January 6 | Epiphany | National Holiday |
March 25 | Greek Independence Day | National Holiday |
March 25 | Annunciation of the Virgin Mary | National Holiday |
April 21 | Orthodox Easter Monday | National Holiday |
May 1 | Labor Day / May Day | National Holiday |
August 15 | Dormition of the Holy Virgin | National Holiday |
October 28 | The Ochi day | National Holiday |
December 25 | Christmas Day | National Holiday |
December 26 | Synaxis of the Mother of God | National Holiday |
Type of leave | Time Period | Mandatory |
Annual leave/Earned Leave Leave | 24 days (for 6 working day week) | Yes |
Sick Leave | 30 days | Yes |
Maternity Leave | 17 weeks | Yes |
Leave Compliance
Public and Provincial Holidays
Payroll cycle
The payroll cycle followed is monthly.
Minimum wage
The minimum wage in Greece is EUR 830 per month for white-collar workers and EUR 37.07 per day for blue-collar workers.
Overtime pay
Greece follows a 40-hour working week, which can be either a five-day or six-day week. Overtime is restricted to less than 3 hours a day and not more than 150 hours a year. The overtime is compensated in Greece as follows:
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Payroll item | Tax contribution |
Pension Fund | 13.33% |
Health Care | 4.3% |
Health in Benefit | 0.25% |
Supplementary Insurance | 3.25% |
Unemployment | 1.2% |
Professional Risk | 1% |
High Occupational Risk (industry-specific) | 1.41% |
Total Employer Cost | 23.33% – 24.74% |
Payroll item | Tax contribution |
Pension Fund | 6.67% |
Health Care | 2.15% |
Health in Benefit | 0.4% |
Supplementary Insurance | 3.25% |
Unemployment | 1.2% |
High Occupational Risk (industry-specific) | 2.2% |
Total Cost on Employee | 13.67% – 15.87% |
Taxable Income (EUR) | Tax Rate (%) |
0 – 10,000 | 9% |
10,001 – 20,000 | 22% |
20,001 – 30,000 | 28% |
30,001 – 40,000 | 36% |
Above 40,000 | 44% |
The standard VAT rate in Greece is 24%.
The 13th-month pay is mandatory in Greece and has to be paid on Easter, and summer vacation. The 14th month pay is paid as Christmas bonus.
The employer can terminate the employment contract by giving a notice or paying in lieu of notice. The employee can also terminate the contract by giving notice to the employer.
During the probationary period, the notice period is from 1 to 30 days, and for permanent employees, it ranges from one to four months.
In Greece, the severance pay depends on the employment term with the company. In case the employer does not give the necessary notice, the pay is doubled.
For a foreigner to work in Greece for over 90 days, one must get a Type D visa. Also, a work permit has to be obtained within 30 days once the employee arrives in the country. Usually, work permits one year validity, which has to be renewed before 60 days of the expiry date.
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Overtime Pay
Minimum Wage
Overtime Pay
Overtime Period | Overtime Pay |
From 41 to 45 hours of work in the case of five-day week and 41-48 hours of work for six-day week | 120% of the normal hourly rate |
More than 48 hours per week | 140% premium rate of the normal hourly rate |
Unlawful overtime, unnotified to labor inspectorate | 220% premium rate of the normal hourly rate |
Sundays or non-working days | 175% premium rate of the normal hourly rate |
Visa and Immigration
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By team
By company size