Hire in Greece

Perspectives mondiales

Hire in Greece

Greece hiring depends on salary compliance, statutory annual-leave administration, and controlled payroll-tax reporting. Employers should align pay settings, leave handling, and employment terms before onboarding locally.

30 octobre 2024
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Operational snapshot

Hire in Greece

Greece hiring depends on salary compliance, statutory annual-leave administration, and controlled payroll-tax reporting. Employers should align pay settings, leave handling, and employment terms before onboarding locally.

Capitale

Athens

Payroll cycle

Monthly

Employer contribution

22.29%

Languages

Greek, English

Devise

Euro (€)

Last reviewed

23 mars 2026

Employment and compliance summary

Employer cost and contributions

Employer planning should account for wage-setting discipline, leave liabilities, and the administrative burden of withholding-tax reporting. Operating budgets should be reviewed together...

  • Employer planning should account for wage-setting discipline, leave liabilities, and the administrative burden of withholding-tax reporting.
  • Operating budgets should be reviewed together with payroll timing, notice exposure, and employment-record controls.

Payroll and tax operations

Payroll operations should reflect current wage rules, withholding administration, and the agreed terms of employment. Employers should validate how salary timing, deductions, and reporting...

  • Payroll operations should reflect current wage rules, withholding administration, and the agreed terms of employment.
  • Employers should validate how salary timing, deductions, and reporting duties fit their local operating model before launch.

Leave and holiday rules

Regular annual leave and leave allowance should be tracked accurately so payroll and leave records stay aligned. Leave balances should be reviewed together with holiday scheduling and final...

  • Regular annual leave and leave allowance should be tracked accurately so payroll and leave records stay aligned.
  • Leave balances should be reviewed together with holiday scheduling and final settlement rules.

Termination and notice

Employment changes should be handled with documented process discipline so final pay, leave payout, and labour records remain defensible. Exit workflows should be checked carefully before...

  • Employment changes should be handled with documented process discipline so final pay, leave payout, and labour records remain defensible.
  • Exit workflows should be checked carefully before execution where notice, accrued leave, or payroll reporting still need to be closed.

Minimum Wage

As of 2024, the gross minimum wage in Greece is set at €830 per month, which translates to approximately €37.07 per hour for skilled workers. This adjustment is part of the Greek government’s initiative to gradually increase the minimum wage to €950 per month by 2027. Employers must ensure compliance with this wage standard to avoid penalties.

Minimum Wage TypeAmount (€)
Monthly Minimum Wage830
Hourly Minimum Wage37.07
Minimum Wage in Greece

Income Tax

Greece employs a progressive income tax system, where tax rates increase with higher income levels. The individual income tax rates range from 9% to 44%, depending on the income bracket. Below is a breakdown of the tax brackets:

Income Range (€)Tax Rate
Up to 10,0009%
10,001 – 20,00022%
20,001 – 30,00028%
30,001 – 40,00036%
Above 40,00044%
Minimum Wage in Greece

In addition to these rates, income exceeding €12,000 is subject to a special solidarity contribution that ranges from 2.2% to 10%, depending on the total annual income.

Payroll Cost

When calculating payroll costs in Greece, employers must consider both direct salary payments and additional contributions. The main components include:

  • Gross Salary: The agreed-upon salary before deductions.
  • Employer Contributions: Employers contribute approximately 24.81% of the gross salary towards social security and other benefits.
  • Employee Contributions: Employees contribute around 15.75% of their gross earnings towards social security.

For example, if an employee’s gross salary is €2,000:

  • Gross Salary: €2,000
  • Employer Contribution (24.81%): €496.20
  • Employee Contribution (15.75%): €315
  • Total Payroll Cost: €2,496.20
Cost ComponentAmount (€)
Gross Salary2,000
Employer Contribution496.20
Employee Contribution-315
Total Payroll Cost2,496.20
Breakdown of Payroll Costs in Greece

Overtime Pay

In Greece, overtime pay is applicable for hours worked beyond the standard workweek of 40 hours. The overtime pay rates are as follows:

  • For the first two hours of overtime on a regular working day: 120% of the regular hourly rate.
  • For any additional hours worked beyond this: 140% of the regular hourly rate.

For example, if an employee’s regular hourly rate is €10:

  • Overtime Rate (first two hours): €12
  • Overtime Rate (additional hours): €14
Overtime TypeRate (€)
First two hours12
Additional hours14
Overtime Pay Rates in Greece

Understanding these components—minimum wage, income tax rates, payroll costs, and overtime pay—is essential for employers operating in Greece to ensure compliance with local labor laws and effectively manage workforce expenses.

Last reviewed

23 mars 2026

Sources

Reviewed by PIO Compliance Research Team against public labor, payroll tax, social contribution, leave, termination, and employer compliance references relevant to the approved country guide set.

Referenced sources

Minimum Wage
Labor authorityJurisdiction: Greece
Open source

Publisher

Ministry of Labour and Social Security

Checked

23 mars 2026

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