Payroll Service for Your Employees in Greece
We manage Greek payroll for international companies, even without their own branch or permanent establishment in Greece.
We manage Greek payroll for international companies, even without their own branch or permanent establishment in Greece.
Would you like to hire an employee in Greece but do not have your own branch or permanent establishment there?
IPS supports international companies with employing staff in Greece and managing Greek payroll in accordance with local requirements. This allows you to outsource your international payroll and reduce the administrative workload involved in entering the Greek market.
Two models are particularly relevant for employing staff in Greece:
With an Employer of Record solution, your employee is employed through a suitable employer structure in Greece while working operationally for your company.
✓ Fast entry into Greece
✓ No Greek company required
✓ Payroll and administration outsourced
✓ Support with local compliance requirements
Your company remains the employer and fulfills the required Greek payroll, tax and social security obligations.
✓ Direct employment within your own company
✓ Greek payroll through IPS
✓ Support with registration and administration
To ensure your expansion into Greece is compliant from the start, IPS supports you with the correct employment of your staff and the preparation of Greek payroll in accordance with local requirements.
Payroll in Greece includes monthly payroll processing as well as social security contributions, wage tax, statutory additional payments, vacation, working time and reporting and documentation obligations.
The standard full time working week in Greece is generally 40 hours per week. With a 5 day working week, this normally corresponds to 8 hours per working day.
Since April 1, 2026, the statutory minimum wage for salaried employees has been €920 gross per month. For workers, the statutory minimum daily wage is €41.09.
When processing payroll in Greece, employers must take Greek social security contributions into account in addition to the employee’s gross salary.
For the majority of employees in the private sector, total social security contributions are currently around 36.16% of gross salary. Approximately 22.29% is paid by the employer and 13.87% by the employee. Different contribution rates may apply to certain categories of employees.
→ Social security contributions through e-EFKA
→ Wage tax and statutory deductions
→ Reporting and employment data in the Greek employment system
→ Christmas bonus
→ Easter bonus
→ Vacation allowance
Employees in the private sector are entitled, subject to the statutory requirements, to a Christmas bonus of up to one month’s salary and an Easter bonus of up to half a month’s salary. In addition, there is a statutory entitlement to vacation allowance, which for monthly paid employees is generally up to half a month’s salary.
These additional payments are an important part of payroll in Greece and should be taken into account when calculating total employer costs.
If an employee in Greece becomes ill, the employer must be informed of the employee’s incapacity for work. Depending on the individual case, appropriate medical documentation may be required.
After at least 10 days of employment, employees are generally entitled to continued remuneration in the event of illness.
During the first year of employment, the entitlement against the employer may be up to 15 days. In subsequent years with the same employer, the entitlement may generally be up to one month.
If an illness lasts up to three days, the employer generally pays half of the employee’s daily remuneration for those days of illness. In the case of a longer illness, regular remuneration for the subsequent days is calculated taking into account the applicable social security benefits.
Employees in Greece are entitled to paid annual leave on a pro rata basis from the beginning of their employment relationship.
The initial annual leave entitlement is calculated on the basis of 20 working days for a 5 day working week or 24 working days for a 6 day working week for a full year of employment.
With increasing length of service, the entitlement increases to up to 22 days for a 5 day working week or 26 days for a 6 day working week.
After 10 years with the same employer or a total of 12 years of professional experience, the entitlement is generally 25 working days for a 5 day working week or 30 days for a 6 day working week.
National statutory public holidays include:
→ January 1: New Year’s Day
→ January 6: Epiphany
→ March 25: Greek Independence Day
→ Easter Monday
→ May 1: Labor Day
→ August 15: Assumption Day
→ October 28: Ochi Day
→ December 25: Christmas Day
→ December 26: Second Day of Christmas
Depending on the region, industry and applicable regulations, additional public holidays or non working days may also be relevant.
A probationary period may be agreed in an employment contract in Greece. The agreed probationary period may generally be no longer than six months.
For fixed term employment contracts, the probationary period must also be proportionate to the duration of the contract and the type of work and may not exceed one quarter of the agreed contract duration.
For indefinite employment relationships with more than twelve months of service, the following notice periods generally apply when the employer terminates the employment relationship with prior notice:
→ 1 to less than 2 years: 1 month
→ 2 to less than 5 years: 2 months
→ 5 to less than 10 years: 3 months
→ From 10 years: 4 months
Depending on the employee’s length of service and the type of termination, statutory severance pay may be due when employment is terminated by the employer.
For termination without observing the notice period, statutory severance pay is generally:
→ 1 to less than 4 years: 2 months’ salary
→ 4 to less than 6 years: 3 months’ salary
→ 6 to less than 8 years: 4 months’ salary
→ 8 to less than 10 years: 5 months’ salary
→ 10 years: 6 months’ salary
→ After that, the entitlement increases gradually up to generally 12 months’ salary after 16 years of service.
If the statutory notice period is observed, statutory severance pay is generally reduced to 50% of the amount payable for termination without prior notice.
Employing your own staff in Greece requires knowledge of Greek payroll, social security, tax and employment law requirements. With our international payroll solutions, we support you with efficient and locally compliant processing.
Your benefits:
✓ Greek payroll in accordance with local requirements
✓ Support with social security and payroll compliance
✓ Employment of staff without your own subsidiary using suitable structures
✓ Employer of Record for suitable employment situations
✓ Support with direct employment as a foreign employer
✓ Consideration of Greek additional payments and payroll requirements
✓ Flexible expansion and access to the Greek market
Request a non binding consultation now and employ and pay employees in Greece professionally.
We are here to help quickly and easily!
Simply call us: +49 2173 2039568
or send us an email!