01 Apr 2014

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Managing employees – Differences between their employment agreement and the one applicable to ordinary employees

Managing employees are individuals holding a management, trust or supervision position within a business entity. According to the legal theory and jurisprudence, managing employees are employees of a large business entity, who have been charged, due to their exceptional qualifications (higher education, high qualifications, special skills, specialization, experience) as well as to the employer’s special trust in them, with general management tasks regarding the whole entity or a significant department thereof and staff supervision tasks, in a way that they decisively influence the entity’s development and clearly distinguish from all other employees who carry out the normal current work. Such distinction...

26 Feb 2014

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Bank holidays under Greek law

Posted by Niki Plyta

in Labor & Employment, Special topics

1/1 New Year’s day 6/1 Epiphany 27/2 Ash Monday 25/3 25th of March (national holiday) 13/4 Good Friday 15/4 Easter 16/4 Easter Monday 1/5 1st of May -Labour day 4/6 Whit Monday 15/8 15th of August –Assumption of Mary (Christian holiday) 28/10 28th of October (national holiday) 25/12 Christmas 26/12 Day after Christmas-Boxing Day...

26 Feb 2014

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Legal issues of wage under Greek labor law

Posted by Niki Plyta

in Labor & Employment, Special topics

MInimum wage obligations under Greek labor law Under Greek law there are minimum wage requirements. There are various stages of control of the minimum wage. One is the “National General Collective Employment Agreement” which imposes a general “floor” applicable to all employees of all specializations. The current wage “floor” ranges from €510,95 [young employees under 25 years old with less than 3 years of completed employment time] to €761,90 [employees above 25 years old with more than 9 years of previous employment]. As a second stage (or “floor”), for most categories of work specialties (“classes”) there are “class agreements” that provide for higher...

08 Jun 2012

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Employment Contracts

Posted by Niki Plyta

in Labor & Employment

Employment contracts are regulated by articles 648 to 680 of the Civil Code and other special labor laws. Pursuant to article 648 of the Civil Code, an employment contract is the written or oral contract based on which the employee is obliged to provide, for definite or indefinite time, his work to the employer, who is obliged to pay the agreed salary. A definite term employment contract exists when definite work time has been agreed expressly or impliedly or when obviously results from the kind or the nature of work for which the employee has been employed. In cases where the...

04 Jun 2012

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Social Security contributions to the Greek Social Security Fund (IKA)

Posted by Niki Plyta

in Labor & Employment, Special topics

Distinction between employers’ and employee’s contributions According to Greek social security legislation, employers are liable for the payment not only of their own contribution to an employee’s social security (employer’s contribution) but also to withhold and pay the employee’s contribution to the fund (employee’s contribution). So, the general rule is that upon every payment, the employer must withhold from the payment of the employee’s salary the employee’s contribution and pay them to the Social Security Fund, together with their contribution. Relevant time for the calculation and payment of the Social Security Contributions As relevant time for the payment is the calendar month in which...

Labor & Employment

Managing employees – Differences between their employment agreement and the one applicable to ordinary employees

Bank holidays under Greek law

Legal issues of wage under Greek labor law

Employment Contracts

Social Security contributions to the Greek Social Security Fund (IKA)

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