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Sat, May

Greece’s Holiday Allowance: Who Gets It and When

Greece’s Holiday Allowance: Who Gets It and When

Hellenic Shipping News

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As the summer holiday season approaches, many private-sector employees in Greece are preparing to take their annual leave and receive the holiday allowance that accompanies it.

Under Greek labor law, employees are entitled not only to paid vacation leave but also to a separate holiday allowance. The legislation clearly defines how both payments are calculated, the applicable limits and when they must be paid.

What Counts as Holiday Pay?

When employees take annual leave, they are entitled to receive their usual earnings for the period they are absent from work. In practice, this means they should receive the same remuneration they would have earned had they continued working normally.

The calculation includes all regular and permanent forms of compensation linked to employment, including:

  • Pay for regular work performed on Sundays, public holidays or during night shifts.
  • Compensation for overtime worked on a regular basis.
  • Payment for legally authorized overtime that the employee would normally have performed during the leave period.

However, compensation for unauthorized overtime and the proportional share of holiday bonuses are not included in the

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