Vacation allowance
The right to receive leave allowance is a consequence of the right to receive regular leave (article 3 par. 16 L. 4504/1966) and is calculated in the same way as leave earnings – i.e. it is equal to the total amount of leave earnings with the limitation that it cannot exceeds half the salary for those who are paid a salary, for those who are not paid a daily or hourly wage or rates on the 13th day. Therefore, employees who take part or all of the leave are entitled to corresponding leave allowance payments.
Digital Job Card
With the under no. 49758/26-5-2022 ministerial decision, the inclusion of the digital work card for a large volume of businesses begins. The decision provides for the implementation of the digital job card in detail:
- i) for companies belonging to the industry sector, from 1 April 2024 and
- ii) for businesses belonging to the retail trade sector, from 2 May 2024;
iii) for both of the above industries with a number of employees not exceeding 10 from May 13, 2024.
You can contact us for any further information or clarification.
IMPORTANT! Newer decision to extend the imposition of sanctions for the two categories, industries and retail trade, with a single start date of 1 July 2024 to coincide with the implementation of ERGANI II.
Update on timely Recruitments
In view of the start of the summer season, we would like to remind you that for the recruitment of your staff, you must inform us by written email up to 48 hours before the first day of the respective employee, with the Recruitment Form attached, with completed all data. In case you have not received the standard Recruitment Form from us, please let us know so that we can initiate it for you.
Three-year unfreezing from 1.1.2024
With the arrival of the new year came the “unfreezing of the three years” that had been implemented since 14.02.2012 with the implementation of Law 4093. The three years and any seniority allowance that was suspended since 2012 has been “unfrozen” since January 1, 2024 According to the most recent data and the increase of the minimum wage to 830 euros from April 1, 2024, the amount of the increase on the minimum wage per three years and per employee is as follows:
- 83 euros per month in addition, employees with a three-year contract have
- 166 euros per month in addition, employees with two or three years of service have
- 249 euros per month in addition, employees with three three-year terms have
Of course, this only applies to those who are paid the minimum wage. Those who receive in the bank more money than the minimum (which exceeds the salary they would receive if their three years were included), are not entitled to any increase.
On your part as employers, you must inform the staff employed in your business so that they inform us if they have three years which must be recognized from 1.1.2024 on their payroll or even if they do not, to inform us in writing and what do we mean by that?
The employee who is entitled to three years must send us electronically (in the form of an email) the marks presented in the IKA “Individual Insurance Account” from 2002 or send us a certificate of previous service from e-efka (https://www .efka.gov.gr/el/elektronikes-yperesies/bebaiose-proyperesias) and to tell us in the email that he wishes to have his three years recognized.
If the creation of an email is a difficult task for some, they can with a responsible statement with their original signature and printed by their accountant with the stamps as mentioned above, notify us of their desire and our obligation to recognize the provisions. In the absence of a three-year period for recognition, there should also be the corresponding procedure of the responsible declaration or electronic email, without the need for proof of formalities. In particular, even in the case that they do not want or do not have three years to recognize, they should definitely mention it in a responsible declaration
Staff Meal Cards
We would like to inform that a very good solution for the proper management of profits and the best tax result are not issued Feeding Regulations for the staff. Below you will find the indicative network on our island. go for EAT meal cards are accepted in the largest contracted network, at tens of thousands of points. It can be used in all supermarkets, minimarkets, fruit shops, bakeries, areas, cafés, bars, etc.
What are the benefits?
This is a service that can bring great benefit to businesses as, based on legislation, giving €6 per working day to each employee (€1452 per year):
- The company is not burdened with social insurance contributions as is the case with the payment of payroll.
- The invoice is entered in expenses, as a staff feeding expense providing tax relief.
- The use of feeding arrangements favors the employees as well, as there is no tax burden as is the case with the deposit of the payroll.
- You can use the card retroactively for active personnel you have from 01/01/24 to today, by issuing an invoice that you will enter in your expenses.
The go for EAT card (applies to your staff):
- It is contactless
- It is pinless
- There is an app that informs the user about each function it contains, account balance, etc.
- There is a web application where the company administrator can directly charge the cards whenever and with any amount he wishes.
- There are stores that return to the user approximately 10% of the purchase price of a product. HeroCorp.
About the UpGift Gift Card (applies to property):
- Up to €300/employee per year without taxes and insurance contributions.
- Network of unlimited possibilities
- Possibility of issuing a branded or anonymous card
- Same application (app) with Go for EAT card.
- HeroCorp Payback Program.
Keep in mind that every month 1 invoice is issued by the company you will work with, with its supply.
The invoice amount is that with:
- the total amount of the regulations,
- the percentage of Up Hellas’ commission which is determined based on the above table and
- the VAT on the amount of the commission
e.g. 1000€ total of the month’s provisions,
+ commission rate 6% = €60,
+ VAT 24% of €60=€14.40.
So total €1000+€60+€14.40=€1074.40 Invoice amount payable.
Indicative network in Corfu: Large supermarket chains such as: Lidl, AB Vassilopoulos, Sklavenitis, Kazianis, Kritikos, Coop, Arista, Markato, Masoutis etc. But also many grocery stores such as: Montana Private Company (Imabari), Wine and Flavors, Pizza Pazza , Il Capriccio, Malibu Bar, Bakalogatos, The Pirates Playground, etc.
Our office proposes cooperation with the UPHELLAS company, which you can find out more about through its updated website: https://www.uphellas.gr/
If you are interested in further details please contact our office payroll team.