From April 1, 2026, new minimum wage levels will come into effect in Greece, following recent announcements by the Ministry of Labour and Social Affairs.
This adjustment has a direct impact on both employees and businesses, as it affects payroll calculations, labor costs, and overall compliance requirements.
🔹 New minimum wage levels
The updated minimum pay rates are set as follows:
- Minimum monthly salary (employees): €920.00
- Minimum daily wage (workers): €41.09
In addition, employees with recognized seniority (years of service) will see proportional increases, further affecting payroll structures.
🔹 How businesses are affected?
The increase in the minimum wage goes beyond basic salaries. It directly impacts several key areas:
- Total employer cost
- Social security contributions
- Allowances and additional payments
- Overtime and compensation calculations
As a result, businesses are required to update their payroll systems and ensure full compliance with the new regulations.
🔹 Who is affected?
It is important to clarify that:
👉 The increase applies only to employees paid at the minimum wage level
👉 Employees earning above the legal minimum wage are not directly affected
🔹 What businesses need to do?
With the new wage levels coming into force:
- Payroll must be adjusted starting from April 2026
- Necessary updates must be submitted through the ERGANI Information System
- All related calculations (contributions, allowances, overtime) must be updated accordingly
Timely and accurate adjustments are essential to avoid errors, penalties, or compliance issues.
🔹 Why proper payroll management matters?
Minimum wage increases are among the most critical changes for any business, as they directly influence:
- Financial planning and cash flow
- Cost management
- Legal compliance with labor regulations
Incorrect implementation can lead to financial penalties or audit risks.
✅ Support by AFS
AFS ensures that your payroll is fully aligned with the new requirements and updated accurately and on time.
With expertise in payroll management and continuous monitoring of legislative changes, AFS provides:
- Accurate salary and contribution calculations
- Timely submission of all required declarations
- Full compliance with labor regulations
📩 Need support?
Contact AFS today and ensure your payroll is fully compliant and properly managed under the new minimum wage framework.
