According to Pebl's employment agreement template, when is the salary due in Greece?

According to Pebl's employment agreement template for Greece, the salary is due on the 28th of each month.

What date does the law specify salary must be paid in Greece?

In Greece, the law specifies that salary must be paid at the end of each period on which its calculation is based. This means the salary should be paid at the end of the day, week, or month, depending on how it is calculated.

How is salary calculated and what components does it consist of in Greece?

In Greece, salary is calculated based on several key components:

• Basic Salary: This is the fixed amount paid to a supported employee before any additions or deductions and usually forms the largest portion of the salary.
• Allowances: Additional payments made to supported employees to cover specific expenses, such as housing, transportation, or meals.
• Bonuses: Performance-based incentives that may be paid based on individual or company performance.
• Deductions: Amounts subtracted from the employee's salary for various reasons, including taxes, social security contributions, or pension contributions.
• Additional Compensation: Employees in Greece are entitled to receive 1 month's salary for Christmas, 0.5 month's salary for Easter, and 0.5 month's salary as a summer bonus.

Is there a legal obligation to pay salaries in the same month in Greece?

Yes, in Greece there is a legal obligation to pay salaries within the same month.

How many salary payments are made per year in Greece?

In Greece, 14 salary payments are made per year.

Is salary payment monthly and is payment standard at the end of the month in Greece?

In Greece, salary payments are made monthly and are typically processed at the end of the month.

What tax and social security obligations do employees have in Greece?

Income taxation in Greece is progressive, with rates ranging from 9% to 45% depending on the annual income.

What are the details of the statutory bonuses and 13th/14th-month salary, including the local name and payment schedule?

In Greece, employees receive their salary in 12 monthly installments along with additional statutory bonuses. These bonuses include:

• Christmas Allowance (13th Month Salary): This is equivalent to one month's salary, payable in December.
• Easter Allowance (Easter Bonus): This bonus equals half a month's salary and is considered part of the 14th month salary. It is paid during Easter.
• Holiday Bonus (Vacation Bonus): Also equating to half a month's salary, this bonus is part of the 14th month salary and is paid in July.

These bonuses collectively ensure employees effectively receive a 13th and 14th-month salary over the course of a year.

What is the minimum wage information in Greece?

As of April 1, 2025, the minimum wage in Greece is structured as follows:

• For white-collar workers, the minimum salary is EUR 880 per month.
• For blue-collar workers, the minimum wage is EUR 39.30 per day.