Greece flag Greece: Operating a Business in Greece

Work conditions in Greece

The Active Population in Figures

201820192020
Labour Force 4,804,0694,822,6124,751,026

Source: International Labour Organization, ILOSTAT database

 
201720182019
Total activity rate 68.34%68.39%68.70%
Men activity rate 76.24%76.56%76.73%
Women activity rate 60.41%60.17%60.61%

Source: International Labour Organization, ILOSTAT database

 
For Further Statistics
OECD: Greece Labour Market Statistics

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Working Conditions

Legal Weekly Duration
8-hour day and 48-hour week.
Retirement Age
65
Working Contracts
Contracts can be part time or fixed term.
Labour Laws
Doing Business: Greece, to obtain a summary of labour regulations that apply to local enterprises

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Cost of Labour

Minimum Wage
EUR 713 per month as of 1 May 2022 (source: Greek government)
Average Wage
Average gross monthly earnings of full-time employees: EUR 17,099 per year (source: OECD, 2020).
Social Contributions
Social Security Contributions Paid By Employers: 22.54%, with a monthly cap fixed at EUR 6,500.
Social Security Contributions Paid By Employees: 14.12% with a monthly cap fixed at 6,500 EUR .

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Social Partners

Employer Associations
SEV - Hellenic Federation of Enterprises
Social Dialogue and Involvement of Social Partners
Over a quarter of Greeks are members of labour unions, though the density varies depending on if the organisation is in the public or private sector. Membership in private sector unions is relatively low, and the unions are not very powerful. Conversely, membership in public sector unions is high and the unions are much stronger. Legislation passed between December 2010 and 2013 liberalised national collective bargaining agreements, allowing private companies to negotiate in-house labour agreements with employees.
Labour Unions
GSEE
Unionisation Rate
Overall trade union density is 21.5% (OECD, 2013), though density varies by sector. Unionisation is very high in public sector enterprises, utilities and services, ranging from 80 to 98%. In the private sector, it is very low, especially in small and medium-sized enterprises.
Labour Regulation Bodies

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Latest Update: March 2024