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What are the requirements on hiring a manager for my business in Greece?

What does the Greek labor law say about hiring a local employee? What requirements do I need to meet in terms of working hours, minimum wages, compensation, benefits, etc.?


Answers
  • December 14, 2018

    The necessary requirement that an executive must have to work in the private sector in Greece is a certain type of a work permit (if the candidate is a foreign employee). This type of work permit requires by the employee some general "easy’’ documents like a certain type of visa (type DA2), four photos, a copy of his passport legally certified, a deposit in favor of the Greek government, etc. and some special documents. All the special documents (such as the statute of the firm, the work contract, etc.) that are needed are provided by the firm. The only employees who can get this type of work permit are the executives of a company - for instance, the members of the board of directors, shareholders, general directors, legal representatives, etc. Other requirements are for a zero criminal record, public insurance, VAT number, etc. But taking into account that we are talking about the private sector and not about the public sector, it depends on the employer and it is in his discretion to ask for some extra documents. The typical full-time working hours are eight hours per day five times a week, but these working hours rarely are respected. There is a minimum wage of 586.08 euros per month and the compensation depends on how many years an employee works in the firm. Generally, when someone is working in the private sector, the terms of the collaboration are defined between the employer and the employee, taking into account the general principles of the labor law as mentioned above.

  • Papalois & Associates Legal
    December 13, 2018

    Approximately 586.08 euros times 14 months per year. Working hours are 40 hours per week, except Sunday. Insurance payment is around 30 percent to 40 percent extra of the salary

  • Energopiisi SA Investment Consulting Services
    December 18, 2018

    Articles 648 to 680 of the Greek Civil Code on "contract of employment" are the basic provisions that govern the employment relationship between employers and employees. There are a lot of provisions regulating the dependent employment regarding the max working hours, the rights of employees, overtime, annual leave, compensation of dismissal etc. Minimum provisions of an employment contract As a rule, the employment agreement does not have to be in writing. However, according to Presidential Decree No. 156/1994, the employer is obliged to notify the employee in writing, within two months of the commencement of the working relationship, of the essential terms of the employment contract, which are the following: the ID data of the contracting parties; the place of work; the position of the employee, as well as the object of his or her work; the date from which the contract is in force and its duration; the duration of the leave of absence with benefits the employee is entitled to, as well as the manner and time of its issuance; all the kinds of remuneration the employee is entitled to, and their frequency; the duration of the regular daily and weekly employment of the employee; reference to the collective regulation that applies and defines the minimum terms of wage and employment of the employee; and the compensation that may be owed if the contract is terminated, as well as the deadlines to be kept by both the employer and the employee, pursuant to the legislation in force in the event the employment contract is terminated. The legal daily working hours for employees, that is, the time work plan as imposed by the law, is eight hours for enterprises employing their personnel five days per week, and six hours and 40 minutes for businesses employing their personnel six days per week. In general, an agreement between the employer and the employee is possible regarding a working schedule with fewer hours than the limit imposed by the law, but without prejudice to the entitlement of the employee for full remuneration. There is a minimum wage of 586.08 euros per month for 14 months per year and the compensation is calculated according to how many years an employee works in the firm The insurance obligation is around 41% on the salary and is divided 16% the employee and 25% the employer The above are some basic information regarding the employment issue which should be scheduled upon expert advisory and consultancy.