Christmas Bonus Payment Deadlines and Calculation Guide for 2024 in Greece
In Greece, the Christmas bonus for private sector employees must be paid by December 20, 2024. Many employers choose to pay earlier, typically from mid-week onwards. Employees can calculate their bonus through an online application. The bonus equals one month’s salary for full-time workers or 25 daily wages for hourly workers. Specific calculation rules apply, taking into account employment duration, absences, and unemployment benefits. The 2024 bonus is higher due to a rise in the minimum wage effective April 1.