Date Format dd/mm/yyyy (ad)
Employer //= json_encode($tax_row) ?> 13.33% - Pension Fund
4.55% - Health Care
25.06% - Social Security
//= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?>
Employee //= json_encode($tax_row) ?> 6.67% - Pension Fund
2.55% - Health Care
16.00% - Social Security
//= $tax_row['total'] ?> //= json_encode($tax_row) ?> 22.00% - 0 - 20,0000
29.00% - 20,000 - 30,000
37.00% - 30,000 - 40,000
45.00% - Over 40,000
//= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?>
Termination Process Employers are expected to provide notice in accordance with the length of employment: * 2 months - 1 year: 1 months notice * 1-4 years: 2 months notice * 4-6 years: 3 months notice * 6-8 years: 4 months notice * 8-10 years: 5 months notice * From the 10th year, each year a month is added until reaching 28 years (24 months). ** Payment may be provided in lieu of notice.
Advance Notice No official advance notice requirements.
Severance Pay Employees are entitled to severance payments if they did not receive notice in accordance to their length of employment. * 2 months - 1 year: 1 months pay * 1-4 years: 2 months pay * 4-6 years: 3 months pay * 6-8 years: 4 months pay * 8-10 years: 5 months pay * From the 10th year, each year a month is added until reaching 28 years (24 months).
Pension Fund Employees contribute 6.67% of their salaries (with ceiling of 5,543.55 EUR), and employers contribute 13.33% of workers wages.
Social Security Employers contribute 25.06% of workers wages, and employees contribute 16% of their wages. * Both employer and employees contributions are set to be reduced to 15.75% in June of 2019.
Additional Pay Easter Bonus: 1/2 months salary bonus paid in March/April. Vacation Bonus: 1/2 months salary paid in July for vacation period. Christmas Gift: One months salary bonus paid in December.
General Minimum wage is 683 EUR ($800.95). However, it is set to be raised in for the first time since 2009, on 1 January 2019.
General Salaries are paid monthly. Paydays are at the end of each working month. Christmas and Easter bonus of a half-month's salary are mandatory.
Paid Time Off
Vacation days Employees vacation entitlement is dependent on their length of employment: * 1 year (6 day week): 24 days leave * 1 year (5 day week): 20 days leave * 2 years (6 day week): 25 days leave * 2 years (5 day week): 21 days leave * 3 - 10 years (6 day week): 26 days leave * 3 - 10 years (5 day week): 22 days leave * 10 - 12 years (6 day week): 30 days leave * 10 - 12 years 5 day week): 25 days leave
Sick days Employees receive sick leave in accordance with their length of employment: * 4 years: 1 month leave * 4-10 years: 3 months leave * 10-15 years: 4 months leave * 15 + years: 6 months leave ** Salaries are compensated at 1/2 the average monthly pay if employed for under one year, and full month pay after. ** Greek labor code does not prohibit employer termination during sick leave.
Maternity Leave Female employees are entitled to a maternity leave of 17 weeks of which 8-week leave has to be taken before child birth and 9- week after the child birth.
Paternity Leave Fathers are permitted 2 days of after the birth of their child.
Parental Leave Also known as "child raising leave", parents are entitled to unpaid leave of 3.5 months until the child reaches 3.5 years old.
Additional Leave "*Leave due to sickness of a family member: 6 days within a calendar year (8 days for 2 kids, and 14 days for 3 or more). *Leave for visiting kids school: 4 days annually * Special provisions for the protection of motherhood: 6 months leave to be taken after maternity and child raising leave, paid by Greek Manpower Employment Organization.
General Full Time employment is considered 40 hours weekly, and 8 hours daily. * Agreements may be made for longer hours for period of up to 4 months. Per agreements, 2 additional hours may be added per day.
Overtime Any small excess over 8 hours in a day is called ""overwork"". These hours (41-45 weekly) paid at 120%. Exceeding overwork hours is only in extraordinary situations. These hours (over 45 or 48) are considered overtime and paid at 140%. This pay Is for 1-120 overtime hours annually. Any hours exceeding this will be paid at 160%.
General 24% standard rate.