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SALARY PAYMENT IN Euro (EUR, €)
CONTRACT LANGUAGES Greek / English
PAYROLL TAX 23.33% – 24.74%
PAYROLL CYCLE Monthly
TIME TO HIRE 24 hours
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Hire and pay talents
with Horizons in
180+ countries
Greece
Horizons provides compliance solutions to ensure your business in Greece operates in line with Greece labor laws and tax regulations. Businesses benefit from hiring in, investing in, or job outsourcing to, Greece in a range of industries, from customer service, to accounting services, to software development.
We also process monthly payroll, and, as a Greece Employer of Record, absorb all local employer liabilities. Partnering with our Greece PEO is the quickest and most cost-effective way to enter the Greece market.
| PEO Platform Hire in Greece, and pay employees through our platform or app. | PEO Cost Our Greece PEO solution is the most affordable on the market. | Time-to-hire Fast onboarding in Greece, hire in as little as 24 hours. |
| Contracts We draft labor contracts compliant with Greek labor law. | Local Benefits We administer all mandatory benefits and contributions in Greece. | 180+ Countries It doesn’t stop with Greece — we are an international PEO |
While written contracts of employment are not technically required, we strongly recommend that you do always provide them to your employees in Greece. These contracts should cover any and all important details of the employee/employer relationship, such as salary/wage, vacation leave, sick leave, termination terms, and so on. It should be written in the Greek language and use the Greek currency of the Euro.
By partnering with our Greece PEO, Horizons’ team of local experts can provide assistance for drafting strong employment contracts that are compliant with local regulations.
| Probationary period | 12 months (standard practice) |
| Termination notice period | 30 days |
| Severance | 1 – 2 month’s salary standard; minimum can be up to 12 months’ salary for long-term employees. |
| Probationary period | 12 months (standard practice) |
| Termination notice period | 30 days |
| Severance | 1 – 2 month’s salary standard; minimum can be up to 12 months’ salary for long-term employees. |
The standard working week in Greece is 40 hours, with eight hour days and generally from Monday to Friday.
Quick, compliant hiring in 24 hours—no subsidiary required.
Greece has 12 nationally recognized public holidays, which workers usually receive off work. The following days are commonly offered by employers:
| Date | Holiday name |
|---|---|
| 1 Jan, 2023 | New Year’s Day |
| 6 Jan, 2023 | Epiphany |
| 27 Feb, 2023 | Clean Monday |
| 25 Mar, 2023 | Greek Independence Day, Annunciation of the Virgin Mary |
| 14 Apr, 2023 | Orthodox Good Friday |
| 17 Apr, 2023 | Orthodox Easter Monday |
| 1 May, 2023 | Labor Day / May Day |
| 5 Jun, 2023 | Orthodox Holy Spirit Monday |
| 15 Aug, 2023 | Dormition of the Holy Virgin |
| 28 Oct, 2023 | The Ochi day |
| 25 Dec, 2023 | Christmas Day |
| 26 Dec, 2023 | Synaxis of the Mother of God |
Employees in Greece build up their vacation leave throughout the first year with an employer. Those working a five-day week receive 20 days of vacation (or 24 days for those working six-day weeks). For employees who have been with an employer for over one year, the minimum allowance is the full 20 (or 24) days. Employers then receive an extra day of vacation leave for year two, and another for year three. After ten years with an employer, workers are entitled to 25 days (or 30 days for those working six-day weeks).
Employees who are on leave through sickness are entitled to three days at 50% of normal wages. From the fourth day onwards, absent employees are compensated by the state.
Mothers in Greece are usually able to take 17 weeks of paid maternal leave. Eight weeks can be taken prior to childbirth and nine weeks after. Male employees can take two days of paternal leave. After childbirth, parents can usually shorten their workday by one hour for 30 months.
Employers and employees must both pay a percentage of salaries to social security, at a rate of 28.56% and 16.5% respectively.
Employers in Greece must provide notice for terminations of indefinite-term employment contracts. The length of notice depends on the length of employment. In general:
Severance pay equaling around 50% of the notice period is normal.
Navigating employee terminations and handling severance packages can be complicated for companies expanding overseas for the first time. Horizons’ Greece PEO can mitigate risk for foreign companies and provide guidance through this process.
The minimum wage in Greece is €758.3 per month.
| Minimum Wage Country Comparison Chart | (Per month in USD) |
| Switzerland (Geneva) | $4,000 |
| Italy | $2,255 |
| Australia | $1996 |
| Algeria | $156 |
| Uzbekistan | $22 |
Setting up a benefits system for your employees in Greece can be difficult to navigate, especially if you are unfamiliar with the country and its laws. If you want to tackle the setup independently, you can expect it to take several weeks and potentially cause delays to your expansion process.
Alternatively, you could use a payroll outsourcing firm to handle your Greek PEO & payroll. At Horizons, our Greece payroll experts can set up and manage your benefits system for you, freeing you to focus on your successful expansion.
With Horizons, you get quick service, transparent pricing, and expert support.
A Greece PEO and a Greece EOR are two types of companies which specialize in providing human resources services to businesses in Greece.
The main difference between a Greece PEO and a Greece EOR is in the scope of their services.
Greece PEOs provide a full range of HR services, including payroll, benefits administration, and employee recruiting—all under one roof as a co-employer. Engaging a Greece PEO is essentially outsourcing your HR duties in Greece.
Greece EORs actually take over as the legal employer of your employees based abroad. Greece EORs become responsible for labor compliance for your employees in Greece.
At Horizons, we offer both PEO and EOR services in Greece. Get in touch now and let us know what service you are seeking.
A PEO in Greece can feasibly hire both local and foreign nationals to work in Greece.
However, the ability of Horizons to sponsor your foreign national employee in Greece may be limited due to visa quotas practiced in many countries.
Contact us with your requirements and our Global Mobility team with review the case and get back to you within 2 business days.
In most cases, Horizons’ Greece PEO can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Greece.
It is possible to get a work visa in Greece. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Greece are limited, however—get started today to secure your employees’ visa spot.
Headquarters
71 Robinson Road #13-153
Singapore 068895
+65 3158 1382
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Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
Americas
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
Headquarters – Singapore
71 Robinson Road #13-153
Singapore 068895
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
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