The increase in the minimum wage to 663 euros from 650 euros was passed by a cabinet of ministers assembled under the leadership of Prime Minister Kyriakos Mitsotakis. Minimum wage: reasons that led to a 2% increase According to the Ministry of Labour, “the decision was taken after the completion of consultations involving research and […]
Tag: minimum wage
OAED: increase in unemployment benefits from 2022
The amount of the benefit provided by the OAED is increasing from 1 January 2022, following a 2% increase in the minimum wage for private sector workers. With a minimum wage of € 663, the range of OAED benefits will increase from January 2022. The unemployment benefit will reach 407 euros from 399.25 euros today. […]
Minimum wage in Greece to grow by 2% from 01/01/2022
The minimum wage for staff and workers will rise by a “record” 2% from January 1, 2022, the Greek Labor Ministry happily announced on Monday following a decision by Labor and Social Affairs Minister Kostis Hattsidakis. The decision follows the approval of the cabinet in July. According to the ministry, the statutory minimum wage for […]
Three big changes to payroll accounting in 2022
Three major interventions in 2022 are expected to significantly increase the wages of thousands of private sector workers. In particular: The minimum wage (covers 450,000 employees of private sector enterprises) from 01.01.2022 will be calculated in the amount of 650 euros, which now stands at 663 (an increase of 2%). While an additional 3% increase […]
How many months does a Greek need to work to buy a new car
Car prices are constantly rising. There has been a lot of growth in recent months, which is worrying. However, the price rally will not stop and, according to the available data, will continue. This whole scenario raises questions and bewilderments from consumers who do not know what to do. Buy now or wait for something […]
Raising the minimum wage in 2022
Labor Minister Kostis Hatzidakis announced an increase in the minimum wage in 2022. As he explained, speaking on the Open channel, the increase will be made taking into account the development of the Greek economy, while he stressed that the goal of the government is to provide growth prospects, especially for the low-paid. “Other amendments […]
Minimum wage: additional benefits and allowances when it rises
The recently released law on raising the minimum wage says what is applied in the case of an individual labor contract and what three levels of wages are formed. Premiums and “surcharges” apply to workers who are paid higher wages than those stipulated in their industry contract or national collective bargaining agreement. If there is […]