Employer of record in Greece | Payroll

Payroll in Greece

Wages

Minimum wage rates in Greece are set nationally. As of April 1, 2025, the minimum wage is €880 EUR per month, reflecting a 6.02% increase from the previous rate.

Certain sectors may have specific wage benchmarks that differ slightly from national standards. These benchmarks are established to ensure fair compensation across various industries.

Salaries

The overall annual average salary in Greece is approximately €17,707 EUR, with monthly earnings varying significantly by position, experience, and region. The median monthly salary is estimated to be around €1,475 EUR.

By gender, a wage gap exists with average annual salaries for men typically exceeding those for women. Efforts to reduce this disparity continue through targeted government initiatives and policy reforms.

Salaries by location in Greece

Athens: The largest city in Greece is known for offering salaries above the national average, particularly in sectors such as finance, technology, and healthcare.

Thessaloniki: This city offers competitive compensation in industries like manufacturing, education, and trade, with wages generally reflecting the cost of living.

Patras: While salaries in Patras are competitive, certain sectors may offer compensation slightly below the national average.

Payroll frequency

In Greece, employees are typically paid on a monthly basis, with salaries disbursed on a fixed, predetermined date specified in the employment contract or workplace regulations. Greek labor law mandates that remuneration must be paid at least once a month, ensuring regular income for employees.

In addition to regular monthly wages, employees may receive additional compensation such as annual bonuses or incentives. These payments are often stipulated in collective bargaining agreements or internal company policies and are disbursed according to the terms outlined therein. Employers are required to adhere to the agreed-upon schedules for these payments to maintain compliance with labor regulations.

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