GSEE: How is the Christmas gift calculated?


GSEE and the Information Center of Employees & Unemployed of the Confederation (KEPEA / GSEE) through a series of answers to basic questions informs the employees of the private sector about the Christmas gift. Employees have the opportunity through the online application created by KEPEA to calculate for themselves the Christmas Gift they are entitled to at the following link:

Christmas gift security

The Christmas gift, as well as the Easter gift and the holiday allowance, were further secured by the National General BCC of the year 20101 (article 1) for private law employees throughout Greece.
The provisions of the institutional framework for holiday gifts are of public policy, with the consequence that any explicit or tacit agreement to the contrary is not allowed and is invalid, as well as the waiver of the employee from the demand for their payment.

Which employees are entitled to it

Under current law, all employees employed in the private sector on a permanent or part-time, full-time or part-time basis with any employer are entitled to Holiday Gifts.

How Christmas gift is calculated

For the calculation of the amount of the Gifts, the manner of remuneration of the employees is taken into account, ie whether they are paid a daily wage or a salary. The calculated time period of the Christmas Gift starts from the 1st of May until the 31st of December of each year. Thus, the employees whose employment relationship with the employer lasted without interruption for the entire period of time mentioned, ie from May 1 to December 31 of each year, are entitled to the entire Gift which is equal to one (1) monthly salary for those paid with salary and with 25 salaries for the salaried employees.

However, those of the above employees, whose relationship with the employer did not last the entire period (from 1/5 to 31/12), are entitled to receive part of the gift according to the duration of their employment relationship.
In this case the Christmas gift is calculated as follows: 2/25 of the monthly salary or 2 salaries – depending on how they are paid – for every 19 calendar days of employment. Even employees who have worked for less than 19 days are entitled to a proportion of the gift.

Except if the work was provided without interruption throughout the period from 1 May to 31 December, this period also includes all the days that the employees are legally absent from their work (eg with annual leave, with maternity leave ). Especially with regard to the absence of employees due to illness, the “three days of illness” are taken into account during the calculation of the Christmas gift, ie the time of absence during which no sickness benefit is paid, while the intervals paid by the sickness insurance provider are deducted.
Holiday gifts are in no way allowed to be paid in kind, but only in cash.

When is the Christmas Gift paid?

The Christmas gift must be paid by December 21 of each year. The Christmas gift is subject to contributions in favor of EFKA and Employee Tax. Of course, the employer can pay the gift earlier than the above date.

Especially for the earnings of the Christmas gift

The basis for the calculation of the gift are the salaries that are actually paid to the employees on the 10th of December. In case the employment relationship has been terminated before the above dates, the Christmas gift is calculated based on the remuneration paid on the day the employment relationship was terminated.

As a paid salary or wage is the total of regular salaries. The concept of regular remuneration includes salary or wages, as well as any other benefits (either in cash or in kind, such as food, housing, etc.) if paid by the employer in exchange for the work provided by the employee, regularly every month, or repeatedly, periodically, at certain intervals of time.  

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