Greece mandates annual paid leave for all employees, a crucial component of labor relations. This overview outlines the key elements of the vacation allowance.
Who’s Eligible and How Much Time Off?
All employees, regardless of employment contract type, are entitled to annual paid leave. The minimum entitlement is 20 working days per year for full-time employees with a five-day workweek. This number can increase based on factors such as length of service and employment status. From May until September, employees must take at least 10 days of leave.
Accrual and Timing
Vacation leave accrues proportionally throughout the year. Employees typically have the right to request leave at least two months in advance.
Compensation
In addition to regular wages, employees receive a vacation allowance. This monetary benefit is intended to supplement income during the leave period.
Compliance and Considerations
Adherence to vacation allowance regulations is essential for employers. Proper calculation, timely payment, and effective leave management are crucial to avoid potential legal issues.
Eurofast can assist businesses in navigating the complexities of Greek labor law, including vacation allowance calculations and management. Our expertise ensures compliance and peace of mind. Contact Eurofast today at athens@eurofast.eu.
Marianna Adam
Implementation & Payroll Assistant
Eurofast Athens
athens@eurofast.eu