Hire in Greece

Greece

PEO &

Employer of Record

Hire employees remotely in Greece without a local entity. We handle HR compliance, payroll & taxes so you can focus on your business.

Business Language

Greek

Salary Currency

Euro (EUR)

Capital city

Athens

Time zone

UTC +2

EOR in Greece

Hire Employees in Greece

NNRoad provides payroll & employer of record (EOR) services in Greece to ensure that your business complies with local labor laws and regulations. We process monthly payroll and act as the Employer of Record, taking on all local employer liabilities.

Fast Hiring

Start working with your remote employees in a week.

Foreigner Visas

NNRoad assists with overseas foreign hires visa needs.

Platform

Access your payroll reports on our portal.

Employer of Record (EOR) in Greece

Employer of Record (EOR) services are for companies who do not have a legal entity in Greece, but who want to hire localy. Employment and full liability are outsourced to NNRoad.

1. Candidate Selection

Select the candidates you want to hire in Greece.

2. Employee Onboarding

We sign a local labor contract with your employees based in Greece.

3. Compliance & Payroll

We manage monthly payroll, mandatory benefits & all HR compliance in Greece.

EOR service includes:

Hiring and termination of employees/local labor contracts (contract administration – engagement, extension termination and conversion to permanent hire).

All mandatory employer (and employee) contributions filed and paid for your EOR employees.

Payroll recording, reporting and administration.

Distribution of salaries to employees through direct deposit into their bank accounts.

Calculation, reporting, filing and processing of EOR employee’s individual income tax due.

Collecting and processing your employee’s invoices for business related expenses.

Guiding and organizing your expat employee’s work visa application too guarantee their successful onboarding.

Standalone Payroll in Greece

Payroll services are for companies who have a legal entity in Greece, and want to outsource their salary disbursement, mandatory benefits, income tax filing and mandatory reports.
employees in greece

Employer of Record Status in Greece

Using an Employer of Record (EOR) to hire employees in Greece is a legitimate and practical approach for companies looking to expand their workforce, particularly for remote roles. An EOR enables businesses to hire employees without the need to establish a legal entity in Greece, ensuring adherence to local employment laws and regulations.

Hiring an Expat with an EOR in Greece

When it comes to hiring foreign expats, the EOR manages the process of obtaining the necessary work visas and permits, ensuring that all legal requirements are fulfilled. Greece’s employment laws require compliance with specific documentation and labor practices, and an EOR helps companies navigate these complexities while maintaining legal and regulatory compliance.

Employee Income Taxes:

Individual income tax rates in Greece are based on progressive tax brackets.

Income tax depends on the source of the income (e.g. employment, rental) and is calculated as below.

Tax Brackets:

Sample Calculation

9%: 0 – 10,000 EUR
22%: 10,000 – 20,000 EUR
28%: 20,000 – 30,000 EUR
36%: 30,000 – 40,000 EUR
44%: Over 40,000 EUR
Yearly income = 35,000 EUR
9% * 10,000 = 900
22% * 10,000 = 2,200
28% * 10,000 = 2,800
36% * 5,000 = 1,800
900+2200+2800+1800 = 7700

Yearly income tax = 7,700 EUR

Employer Contribution

13.33% – Pension fund
4.3% – Health care
0.25% – Health in benefit
3.25% – Supplementary insurance
1.41% – Additional contributions

Total employment cost: 22.54%

Employee Contribution

6.67% – Pension fund
2.15% – Health care
0.40% – Health in benefit
3.25% – Supplementary insurance
1.65% – Additional contributions

Total employment cost: 14.12%

Pension Fund

In general, it consists of three parts:

1. Earnings-related primary pension;
2. Earnings-related supplementary pension;
3. Minimum pension benefits

From 1 Jan 2022, Greek companies must enroll new hires in a mandatory individual defined contribution (DC) pension fund — the Hellenic Auxiliary Pensions Defined Contributions Fund (TEKA) — under measures aimed at improving pension sustainability and benefits.

Healthcare Insurance

In Greece, healthcare insurance is mandatory for all residents, both Greek citizens and legal residents. The main healthcare insurance scheme in Greece is the National Organization for Healthcare Provision (EOPYY), which is a public health insurance organization. EOPYY provides coverage for a wide range of healthcare services, including visits to general practitioners, specialist consultations, hospitalization, and medication.

Employees and self-employed individuals contribute to EOPYY through their social security contributions, while unemployed individuals and certain other groups are covered by the state. The cost of healthcare insurance contributions is based on income, and individuals receive a healthcare card that enables them to access services covered by the scheme.

In addition to the public healthcare insurance system, many individuals in Greece also choose to supplement their coverage with private health insurance. Private insurance plans offer additional benefits, such as access to private clinics and hospitals, shorter waiting times, and coverage for specialized treatments not covered by the public system. Private health insurance is typically offered by various insurance companies and can be customized based on individual needs and preferences.

Working Hours Per Week

An employee can work up to 40 hours per weekday which can be allocated to 5 days (i.e. 8 hours per day) or 6 days per week (i.e. 6 hours and 40 minutes per day), in accordance with the applicable law. The maximum daily working time is 12 hours (inclusive OT).

Overtime

Employment exceeding 45 hours per week for five business days or 48 hours a week for businesses with a six-day work system is considered overtime. Employees are permitted to work up to 3 hours daily beyond the normal working hours. 

Employees who work overtime are entitled to a 40% increased rate of pay for each hour of the work performed during overtime.

For termination of a fixed-term contract, the employer is obliged to pay for the rest of the term.

For terminating the indefinite contract, the employer needs to issue notice to the employee as per employees’ service years as follows:

  • up to 12 months of employment – no notice;
  • from one year to two years of employment – one month’s notice;
  • from two full years to five years of employment – two months’ notice;
  • from five full years to 10 years of employment – three months’ notice;
  • more than 10 full years – four months’ notice.

    Severance

    In the case of an open-ended employment agreement terminated by the employer, the severance pay is calculated accordingly:

    Employment period (years)Severance paySeverance Pay if employer does not comply with the period of notice 
    1-41 month2 months
    4-61.5 months3 months
    6-82 months4 months
    8-102.5 months5 months
    10-113 months6 months
    11-123.5 months7 months
    12-134 months8 months
    13-144.5 months9 months
    14-155 months10 months
    15-165.5 months11 months
    16 and above6 months12 months


     

  • Employment Contract

    Labor contracts may be divided into two categories:

    1. Fixed-term contract: the total duration of a single fixed-term contract is 3 years and the number of renewals allowed within a 3-year period is 3 successive contracts;
    2. Full time employment contract: This contract is drawn for an indefinite period.

    Probation Period

    Employment with an open-ended employment agreement is considered to be employed for a probationary period for the first 12 months from the date that it comes into force, which may be terminated without notice and without severance pay unless otherwise agreed by the parties.

    Annual Leave

    Employees on a five-day workweek are entitled to 20 days of leave, while employees working for six days a week receive 24 days. The leaves increase by one for each year that follows in addition to the first up to 22 days if the employee works a five-day week, 26 days for employees who work six days a week.

    Sick Leave

    The length of sick leave can vary and generally depends upon service and industry. Employees are generally paid 50% of their wages during the first three days of sick leave. However, from the 4th day of leave, employees are eligible to be paid for sick pay by the local social insurance.

    Maternity Leave

    Female employees are allowed 17 weeks of paid leave.

    Paternity Leave

    Fathers are allowed 14 days of leave.

    Unpaid Childcare Leave

    4 months of child care leave is allowed which can be taken consecutively or intermittently until a child reaches 8 years of age.

    Public Holidays

  • New Year’s Day – January 1
  • Epiphany – January 6
  • Greek Independence Day – March 25
  • Orthodox Good Friday – April 22
  • Orthodox Easter – April 24-25
  • Protomagia – May 1
  • Orthodox Pentecost – June 12
  • Holy Spirit Monday – June 13
  • Dormition of the Virgin Mary – August 15
  • National Anniversary Day – October 28
  • Christmas Day – December 25
  • Synaxis of the Mother of God – December 26
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