Compliantly hire your distributed team members in
Greece
To hire new employees in
Greece
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Greece
while staying fully compliant with local laws and compliance.
Greek
Euro (€, EUR)
Monthly
6 days
22.29%
$$ (40 of 140)
20 days
3 days
17 weeks (8 weeks prior to birth and 9 weeks after)
In many countries like
Greece
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
The minimum wage in Greece is 780 EUR per month.
Working hours are typically 8 hours per day, 40 hours per week. Monday through Friday is the standard workweek. However, if both parties agree, the standard working hours can be 6.4 hours per day, Monday through Saturday.
Overtime payment is required for contracts with a salary of up to EUR 7,800 per year. Overtime pay is not required for contracts that pay more than the minimum wage.
Overtime is defined as hours worked outside of normal working hours. Before working extra hours, the employer and employee must reach an agreement on the number of hours, and the employer must submit the request to the Labor Agency. Employees are compensated for working extra hours in the following ways:
Thirteenth and fourteenth-month salaries are mandatory in the private sector, paid at Christmas, Easter, and in the Summer.
For all Borderless customers, employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Employee contracts can be terminated if a just cause is established, such as dishonesty, negligence, fraud, or any other work-related offenses.
Notice periods in Greece depend on employees’ tenure within the employer’s organization.
In the case of an indefinite-term employment contract, the probationary period may not exceed 12 months, during which time the contract may be terminated without due notice and without any compensation for dismissal, unless the parties agree otherwise.
Severance payments in Greece are determined by the employee's tenure with the employer's organization, ranging from none for employees who have worked less than a year to 24 months of monthly wages for employees who have worked with the same employer for at least 28 years.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.
