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Greece

How to Hire Workers in Greece | Employer of Record (EOR) in Greece

Looking to establish your business in Greece? Our EOR services provide expert guidance on local employment regulations, ensuring a smooth entry into this market. We handle all aspects of local employment, from managing payroll to navigating complex labor laws, allowing you to focus on your core business. With our support, you can confidently expand your business into Greece, knowing that you have a trusted partner managing your international employment needs.

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Greece, known for its rich history, stunning landscapes, and warm hospitality, is an attractive destination for businesses looking to expand internationally. TCWGlobal serves as your trusted partner in navigating the complexities of hiring in Greece, offering comprehensive solutions for building your contingent workforce.

With a population of over 10 million people, Greece boasts a skilled and educated workforce. From the ancient ruins of Athens to the beautiful islands of Santorini and Mykonos, the country offers a unique blend of culture and natural beauty.

When expanding your business into Greece, compliance with local regulations is crucial. TCWGlobal, as your employer of record, ensures that your contingent workforce is fully compliant, minimizing risks for your organization.

In addition to compliance, TCWGlobal provides personalized services tailored to your specific needs. Whether you require assistance with payrolling management, benefits administration, or any other aspect of HR, our team is dedicated to supporting you.

Partnering with TCWGlobal guarantees a seamless and successful expansion into Greece. Our expertise and local knowledge make us the ideal partner for businesses looking to establish a contingent workforce in this dynamic market.
Fixed-Term Contracts

Fixed term contracts are allowed in Greece for a maximum of three years. Three renewals are permitted within the three year period.

Probationary Periods

Probationary periods of up to six months are allowable for workers on indefinite contracts. For workers on fixed term contracts the probationary period cannot exceed 1/4 of the total contract time with a maximum of 6 months.

Holidays

Workers recognize 14 public holidays.

Vacation

Workers on a five-day workweek are entitled to 20 days of paid leave (24 days for a six-day workweek) or a pro-rata portion thereof. That allowance is increased by one day for each subsequent full year of service, capped at 24 and 26 days respectively.

Sick Leave

For the first 3 days of sick leave the Worker will receive 50% of the daily wage paid. If the sick leave continues beyond that time, the Worker will receive 100% of the daily wage and the employer is entitled to deduct the amount that the Worker received from the Social Organization. During the 1st year of employment (working year and not calendar), the Worker is entitled to receive 13 days of sick leave. From the 2nd working year on, the Worker is entitled to 25 days of sick leave.

Working Hours

A standard workweek is 40 hours per week. Five-day workweeks are limited to 9 hours per day and 45 hours per week (8 hours per day and 48 hours per week for six-day workweeks).

Overtime

Any amount worked between the standard and the limit is considered ‘overwork,’ which is paid at 120% of wages. Any amount worked over those limits is considered overtime. Overtime is limited to three hours per day and 150 hours per year. Overtime is paid at 140% of wages. Overtime over the 150 hours per year is paid at 160% of wages. Unlawful overtime is paid at 220% of wages. Overwork and overtime must be recorded with the government. Managing executives are exempt from working time and overtime restrictions.

Mandatory Bonuses

There are 14th months paid in Greece. A Christmas bonus of 100% is paid annually. Easter and Summer bonuses of 50% each are also paid. Bonus payment dates are specified by legislation

Termination

Workers on indefinite contracts are entitled to written notice of termination as follows: 1 – 2 years of service: one month’s notice; 2 – 5 years of service: two months’ notice; 5 – 10 years of service: three months’ notice. Workers are also entitled to severance based on years of service as outlined, below. If no notice of termination is provided, the full severance amount is due. If adequate notice is provided, half of the severance amount is due. 1 – 4 years of service: two months gross salary; 4 – 6 years of service: three months gross salary; 6 – 8 years of service: four months gross salary; 8 – 10 years of service: five months gross salary.

How an EOR Can Help You Win Fast

TCWGlobal stands unmatched as the leading employer of record service provider. Our global reach, expertise in diverse industries, and commitment to client satisfaction makes us the best choice. Looking for a global employer of record or international payrolling partner that will work with you and not for you? Trust TCWGlobal. We are here for you.

Common Pitfalls in Choosing an EOR

When choosing an Employer of Record (EOR) service, people often make mistakes such as overlooking compliance, global reach, technology integration, company experience, and fee transparency. Watch this video to see what to consider when picking an EOR.