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Expand your global workforce in Greece

Your guide to the employment landscape, working customs and local labor laws in

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

Talent overview

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:

Software Engineers, Medical practitioners, Accountants, Food processing, Language teachers, Shipping-industry related skills, Renewable energy sector skills.

Top local universities in Greece

Uni1 24

Aristotle University of Thessaloniki

Ranking

Local: 1

World: 403

Uni2 23

National and Kapodistrian University of Athens

Ranking

Local: 2

World: 449

Uni3 24

National Technical University of Athens

Ranking

Local: 3

World: 645

Uni4 23

University of Patras (incl. University of Western Greece)

Ranking

Local: 4

World: 844

Uni5 22

University of Crete

Ranking

Local: 5

World: 928

Top Local Job Boards

Kariera, JobFind, Jobs in Greece

Number of LinkedIn users

2,198,000

Multiplier Recruitment Partner

iXceed

Where to find talent

Top Local Job Boards:

Number of LinkedIn users:

Top Recruitment Agencies:

Salary Data

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

Employ in Greece

Employing in Greece

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.

Employee Contract

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.

Probation period

Under Greece’s labor law, the probationary period for both fixed-term and open-ended contracts is limited to a maximum of six months.

Public and Provincial Holidays

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

Employee Leaves

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 in Greece

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Payroll cycle

The payroll cycle followed is monthly.

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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.

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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:

Read more

How taxes work

Employer Payroll Tax

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%

Employee Payroll Tax

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%

Employee Income Tax

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%

VAT

The standard VAT rate in Greece is 24%.

Bonus

13th Month Pay

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.

Employee Benefits

  • Pension Fund
  • Health Care
  • Supplementary Insurance
  • Easter bonus
  • Holiday bonus
  • Christmas bonus
  • Vacation leave

Employee offboarding

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.

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Visa and
immigration

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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