What is the payroll cycle in Greece?

Monthly payroll cycle, generally paid at month end. Payroll is paid in EUR (Euro).

Can I run payroll in Greece without a local entity?

Yes. Through an Employer of Record (EOR), Gracemark employs your talent under Greece labor law and runs local payroll, no entity required.

🇬🇷

Payroll in Greece

Payroll in Greece runs in EUR (Euro). Monthly payroll cycle, generally paid at month end. Statutory 13th and 14th salary payments (Christmas, Easter and summer bonuses) are mandated, together equal to roughly two extra monthly salaries per year. Statutory employer contributions apply. Gracemark operates it end-to-end, humans, not tickets.

Get a Greece payroll quote Paying an existing team there? Tell us the headcount, email or phone is enough.

Currency

EUR, Euro

Payroll cycle

Monthly payroll cycle, generally paid at month end.

Working week

Standard working hours are 8 hours/day and 40 hours/week; overtime is regulated with escalating premiums under Greek labour law.

Minimum wage

The statutory minimum monthly wage was set at €830 gross effective 1 April 2024, as set by Ministerial Decision under the Ministry of Labour.

13th-month

Statutory 13th and 14th salary payments (Christmas, Easter and summer bonuses) are mandated, together equal to roughly two extra monthly salaries per year.

Employer cost

Employer social security contributions to EFKA are approximately 22.29% of gross salary, funding pensions, health and other benefits.

Probation

Probation period is generally up to 12 months under current Greek labour law.

Notice period

Notice periods and severance scale with tenure; written employment contracts and notification via the ERGANI system are required.

Two ways to run payroll in Greece

Own-entity payroll

For long-term presence in Greece. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity, with a named operator on Southern Europe time.

EOR-run payroll

No entity in Greece? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in typically 1–3 weeks via eor, no local incorporation.

Compliance essentials in Greece

Employment model: EOR vs. contractor vs. local entity for Greece
Mandatory benefits, social contributions and any 13th-month obligation
Termination rules, statutory notice and severance exposure
Contractor misclassification risk and how local law defines employment
Currency (EUR), payroll cycle and Greek-language contract requirements

Get a payroll quote for Greece

Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.

Get your Greece answers

Tell us a little about your plans in Greece. A real specialist reviews every request and replies personally within one business day, with the exact numbers for your hire.

100+ countries supported Compliance-first, vetted Reply in 1 business day

Email us Call us

Deeper guide

Hiring guide: Greece →

Employ without entity

EOR services →

All countries

Global payroll overview →