Employer of Record in Greece

For companies building teams of 10 or more across business, technical, and operational functions — not for individual hires.
Talk to us about Greece

Why companies build teams in Greece

Lundi supports compliant employment in Greece — Athens concentrates the talent across tech, finance, and shipping. Thessaloniki as a secondary hub. Strong fit for specialist hires; for cost-driven scaling we typically recommend Poland, Romania, or Portugal at comparable or better unit cost.

Languages

Greek

Payroll Frequency

Monthly

Currency

EUR

Capital City

Athens

Employer Tax Rate

25.00%

Greece has built a growing tech and customer success sector concentrated in Athens (Beat alumni, Workable, Persado, plus international tech regional offices) with Thessaloniki as a secondary hub. Strong shipping and maritime services sector globally. Employer social contributions run ~22–24% above gross. Strong fit for specialist hires, Greek market presence, customer success for European customers, or shipping-adjacent operations. For broader cost-driven scaling Lundi typically recommends Poland, Romania, or Portugal. For companies building teams of 10+, not individual hires.

Cost of Employment in Greece

What it costs to employ someone through Lundi.

Lundi's cost is the all-in cost of the employee — gross salary plus statutory employer contributions plus customary benefits — and a Lundi management fee on top. The management fee depends on team size and scope: smaller teams pay a higher per-head rate, teams of 20+ get materially better unit economics, and Build–Operate–Transfer engagements are structured separately.

The alternative paths look like: setting up your own local entity (meaningful months of legal and accounting work, plus ongoing in-country HR, payroll, and compliance infrastructure), engaging a local recruitment agency on contingency (typically a percentage of first-year compensation, paid once, with no ongoing employment relationship), or hiring as a contractor (lower upfront cost, real misclassification risk in most jurisdictions). Lundi is faster than entity setup, structurally different from contingency recruitment, and lower-risk than contractor arrangements.

Talk to us for specific pricing.

Talk to us about Greece

Employer Tax Costs in Greece

An employer can expect to contribute 24.8% in social contributions on top of an employee’s salary.

Employee Income Taxes in Greece

Employees in Greece are taxed from 9% to 44% depending on their income bracket. Social contributions are 15.3%.

Employee Probation in Greece

Greece has a statutory notice period of 12 months in which employment can be ended immediately with no severance, unless otherwise agreed by both parties.

Employee Overtime in Greece

Working hours in Greece are limited to 40 hours per week. Employers can request that employees work an additional five hours per week (i.e. 9 hours per day). This is known as “overwork” and must be paid at 120%.This does not apply if they're considered a “managerial employee,” defined as an employee that acts as an owner of the business, or if they receive exceptionally high wages compared to other employees in the business.

Employee Notice in Greece

Notice periods in Greece depend on the duration of employment. The breakdown is as follows:

  • Greater than one year and less than two years of employment: One month
  • Between two and five years of employment: Two months
  • Between five and ten years of employment: Three months
  • 10 years of employment: Four months

Termination in Greece

For terminations to be valid in Greece, employers are obliged to provide written notice and make a severance payment.Since May 2019, employers must also have a valid reason to terminate an employment contract, even when statutory severance is paid. Failure to provide a valid reason for terminating an employee could result in a claim from the employee with the burden of proof lying with the employer.Statutory severance pay varies depending on the duration of employment:Between one and four years of employment: Two months’ salaryBetween four and six years of employment: Three months’ salaryBetween six and eight years of employment: Four months’ salaryBetween eight and 10 years of employment: Five months’ salaryBetween 10 and 16 years of employment: One month’s salary per year of employment

How Lundi works in Greece

Build

We scope your team and recruit the right people in-country — finance, accounting, HR/payroll, BD, ops, or IT.
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Operate

We employ the team via our local entity and run the day-to-day — payroll, compliance, HR, and performance management.
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Transfer

When you're ready, we transition the team to your own legal entity. Or stay on Lundi's infrastructure indefinitely — your choice.
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Why Companies Choose Lundi

If you need help with anything, we're here for you

Who is Lundi for?

Lundi works with companies building teams of 10 or more across business, technical, and operational functions . Not for one-off hires or individual placements.

How is this different from an EOR?

EOR platforms employ individuals for you. Lundi recruits, employs, and operates concentrated teams — including day-to-day management, HR, and an optional path to your own entity. It's the operating model for companies that have outgrown the EOR ceiling.

Still have any questions? Talk to us.