Minimum Wage in Greece – Frequently Asked Questions

Is there a separate legislation relating to minimum wages in Greece?

Minimum wages are determined by the memorandum.

Do one or more minimum wages exist that is/are determined by law?

There is a slight difference in the amount depending on the age of the employee as well as the job category. The first separation, according to the job category is: employees and craftsmen. The second separation is age wise: employees and craftsmen under and over 25 years old.

At what level is minimum wages determined at?

Minimum wages is determined as per job category and age wise.

On what basis is minimum wage calculated?

For technicians/craftsman under 25years old: €22.83 for technicians/craftsman over 25years old € 26.18. For employees under 25years old: €510.95 for employees over 25years old € 586.08.

In case of weekly/monthly minimum age, are they based on any fixed number of hours?

Minimum wages are based on 40 hours per week.

Are governmental bodies, employer and/or trade union representatives involved in minimum wages setting?

The minimum wage setting is done by the government together with the "troika" (The tripartite committee led by the European Commission with the European Central Bank and the International Monetary Fund) and are specified in the memorandum.

How are upratings (adjustments) of minimum wage/s decided upon?

As mentioned above they are specified in the memorandum (agreement between the government and "troika") there are some adjustments though depending on the years of work experience. The minimum wage for employees over 25years old increases by 10% for every three years of work experience (for max 3 three years of work experience) and 30% overall for work experience of 9 years and over. The minimum wage for technicians/craftsman over 25years old increases by 5% for every three years of work experience (for max 6 three years of work experience) and 30% overall for work experience of 18 years and over. The minimum wage for employees under 25years old increases by 10% for every three years of work experience (for max 1 three years of work experience).The minimum wage for technicians/craftsman under 25years old increases by 5% for every three years of work experience (for max 2 three years of work experience) and 10% overall for work experience of 6 years and over.

Which are the components of minimum wage in Greece?

There is only fixed component of minimum wages.

How frequently is the fixed component of minimum wage updated?

In the memorandum it is specified that the min wage will not change until the unemployment rate reaches 10%.

What is/are the yardstick/s on which minimum wage upratings are based?

The minimum wage stays constant until otherwise it is decided.

What is National Poverty line?

Click here to know the national poverty line in context with Minimum Wage, living wages and actual wages. Select the currency (Euro or national currency) to know national poverty line.

How is minimum wages compliance regulated?

The Corps of Labour Inspectors ( S.EP.E.) is a body reporting directly to the Minister of Labour. The S.EP.E. is divided into Central and Regional Services.

Which legal sanctions can be applied if compliance is lacking?

The minimum legal wage for 18 months for every employer (with no incremental increases) -- depending on the age-- and the minimum legal wage for 403 days (with no incremental increases) for every craftsman--depending on the age. If it happens again after the fine the production process can be stopped.

Are sanctions often being applied?

Sanctions are often applied.

Are employer and/or trade union representatives involved in compliance procedures?

No, employer and trade union representatives are not involved in compliance procedure.

To whom/Where can individuals complain, if they think they are earning less than minimum wage?

In case of non compliance, individuals can complain to S.E.P.E -- the body that controls/checks if the rules are complied. Which month of the year is minimum wage rate revised in Greece? -- The memorandum states that the minimum wage will be revised when the unemployment rate reaches 10%