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Greece EOR & PEO

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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Greece

    Simple, compliant hiring with Horizons EOR

    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 EOR is the quickest and most cost-effective way to enter the Greece market.

    Note, a Greece Employer of Record is also known as a Greece Professional Employer Organization (PEO).

    Facts & Stats

    EOR Platform

    Hire in Greece, and pay employees through our platform or app.

    EOR Cost

    Our Greece EOR 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 EOR

    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 EOR, 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 2024 these holidays are:

    DateHoliday name
    1 Jan, 2024New Year’s Day
    6 Jan, 2024Epiphany
    18 Mar, 2024Clean Monday
    25 Mar, 2024Greek Independence Day, Annunciation of the Virgin Mary
    3 May, 2024Orthodox Good Friday
    6 May, 2024Orthodox Easter Monday
    7 May, 2024Labor Day / May Day
    24 Jun, 2024Orthodox Holy Spirit Monday
    15 Aug, 2024Dormition of the Holy Virgin
    28 Oct, 2024The Ochi day
    25 Dec, 2024Christmas Day
    26 Dec, 2024Synaxis 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 EOR 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 for regular employees is €830 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 EOR & 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

    Generally speaking, the terms “Greece PEO” and “Greece EOR” are used interchangeably.

    An EOR 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 EOR 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.

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