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hire in Greece

Greece PEO &
Employer of Record

SALARY PAYMENT IN Euro (EUR, €)

CONTRACT LANGUAGES Greek / English

PAYROLL TAX 23.33% – 24.74%

PAYROLL CYCLE Monthly

TIME TO HIRE 24 hours

Simple, compliant hiring with Horizons PEO

Hire in 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.

Facts & Stats

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
stay compliant with Greece labor laws

Employment Laws

Employment contracts in Greece

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. 

Fixed-term
Probationary period12 months (standard practice)
Termination notice period30 days
Severance1 – 2 month’s salary standard; minimum can be up to 12 months’ salary for long-term employees.

 

Indefinite
Probationary period12 months (standard practice)
Termination notice period30 days
Severance1 – 2 month’s salary standard; minimum can be up to 12 months’ salary for long-term employees.

Working hours in Greece

The standard working week in Greece is 40 hours, with eight hour days and generally from Monday to Friday.

Hire compliantly in Greece without a local entity.

Quick, compliant hiring in 24 hours—no subsidiary required.

Public holidays in Greece

Greece has 12 nationally recognized public holidays, which workers usually receive off work. The following days are commonly offered by employers:

Greece has a range of national public holidays that are celebrated annually. In 2023 these holidays are:
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

Vacation leave in Greece

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).

Sick leave in Greece

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.

Parental leave in Greece

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.

Taxation in Greece

Employers and employees must both pay a percentage of salaries to social security, at a rate of 28.56% and 16.5% respectively.

Health coverage in Greece

Employees are entitled to free state healthcare after working 50 days in a 15-month period.

Terminations and severance in Greece

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:

  • Between two month and one year with an employer = One month of notice
  • Between one and four years = Two months
  • Between four and six years = Three months
  • Between six and eight years = Four months
  • Between eight and ten years = Five months
  • Over ten years = six months (and one extra month for every year up to a maximum of 24 months)

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.

hassle-free Greece compensation & benefits

Compensation & Benefits

Compensation laws in Greece

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
Benefits management in Greece

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.

Hire in Greece in 24h
without your own local entity.

With Horizons, you get quick service, transparent pricing, and expert support.

FAQs

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.