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Sat, Feb

When Easter Bonus is Paid and How it is Calculated

When Easter Bonus is Paid and How it is Calculated

Hellenic Shipping News

The deadline for paying the Easter bonus to private sector employees

The deadline for paying the Easter bonus to private sector employees in Greece is approaching, with employers required to deposit the payment no later than Holy Wednesday, April 8, 2025.

All employees in the private sector—whether working full-time or part-time, on fixed-term or open-ended contracts—are entitled to the Easter bonus, provided they had an active employment relationship during the relevant period.

How the Easter Bonus Is Calculated
Employees paid a monthly salary are entitled to an amount equal to half a monthly wage, while those paid on a daily basis receive 15 daily wages. The final amount depends on the duration of employment during the calculation period, which runs from January 1 to April 30, 2025.

The calculation is based on the employee’s regular earnings 15 days before Easter. As of April 1, 2025, a new statutory minimum wage and minimum daily wage apply for workers covered by the relevant regulation.

Payment Rules for Employers

Employers must pay the Easter bonus in cash only, via bank transfer to the employee’s payment account. Each payment must clearly state the reason and the period it covers. Payment in kind is not permitted.

What Applies to Dismissed Employees

Content Original Link:

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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