How much is the Christmas bonus in Greece?

The Christmas bonus equals one full month's salary for employees who worked the entire period (May 1 - December 31). Part-time employees receive a proportional amount.

When is the Christmas bonus paid in Greece?

The Christmas bonus must be paid by December 21. Employers who fail to pay on time are subject to penalties and legal consequences.

How is the Christmas bonus calculated for new employees?

New employees receive a proportional Christmas bonus based on the days worked during the bonus period (May 1 - December 31). The formula is: (days worked / 245) × monthly salary.

Christmas Bonus Calculator

Calculation Parameters

Payment Type

Gross Monthly Salary (€)

Age Group

Children

Employment Type

Start Date

End Date

Christmas Bonus Period: May 1 - December 31 (245 days)

Calculation Information

How is Christmas Bonus calculated?

Christmas bonus period: May 1 - December 31 (245 days)
Full period: one monthly salary (salaried) or 25 daily wages (daily-paid)
Proportional calculation for partial periods

Deductions

EFKA contribution: 13.37%
Income tax: Based on annual income bracket
Vacation allowance increase: 4.166%

Christmas Bonus Calculation: Learn What You're Entitled To This Year

The Christmas Bonus is a significant financial boost for every employee in the private sector. Use our calculator to see the amount that will be credited to your account, taking into account the vacation coefficient (0.04166).

Who are the beneficiaries and what are the deadlines?

All salaried employees working in the private sector are entitled to a bonus, which is calculated based on the period from May 1 to December 31.

Full Bonus: Equals one full month's salary for those who worked the entire period.
Deductions: The bonus is subject to EFKA and income tax deductions, and payment in kind is not allowed.

Important Notice

Disclaimer: Calculations and information are provided for informational and educational purposes only and do not constitute investment, financial, or legal advice. While we strive for accuracy, results may contain errors or be based on assumptions that may not apply to your situation. Use of these tools is at your own risk. We shall not be held liable for any financial losses or damages arising from the use of this data. Always consult with a certified professional before making any financial decisions.

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