Average Salary in Greece 2024

Exploring Salary Trends in Greece: Unveiling Pay Scales, Wage Gaps, and Yearly Increments. Gain valuable insights into the Greek job market as we delve into the intricate dynamics of salaries. From uncovering the pay scale variations across industries to shedding light on the prevailing wage gaps, our comprehensive analysis showcases the impact of education levels and years of experience on remuneration. Discover the key factors shaping Greece's salary landscape and take informed steps towards optimizing your career trajectory. Stay ahead with this authoritative resource on Greece's salary trends.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Greece in 2024?

What is the average salary in Greece in 2024?
1,400EUR
(EUR 16,300 yearly)
Low 610 EUR
Average 1,400 EUR
High 6,000 EUR
A person working in Greece typically earns around EUR 1,400 per month. Salaries range from EUR 610 (lowest average) to EUR 6,000 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Greece in 2023, salaries changed by +0.1% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of the year.

Pay Scale and Salaries in Greece

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than EUR 6,000, 75% of the people earn EUR 1,900 or less. 50% employees earn less EUR 1,400 or less, 25% of the employees earn less than EUR 1,000.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than EUR 6,000, 75% of the people earn EUR 1,900 or less. 50% employees earn less EUR 1,400 or less, 25% of the employees earn less than EUR 1,000.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Greece the minimum salary is EUR 610.

Median Salary

With half of the values above and half below it, the median salary in Greece is EUR 1,100, serving as the middle point of all salaries in a dataset. This stat provides a more balanced perspective on income distribution and is commonly employed to gauge average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Greece the salary ranges from EUR 610 to EUR 6,000.

Annual Salary Increments in Greece

What is the average annual salary increment in the Greece? How frequently do employees receive salary raises?

Employees in Greece experienced an average salary increase of 0.1% during 2024. This average is calculated across different job sectors. Globally, the average salary increase for 2024 is 0.1%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Greece received around 0.1% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.1%.

Historical Graph of Annual Salary Increments in Greece

In the past years, employees in Greece have seen their salaries rise by an average of -0.7% per year. The increment ranges from -4.5% to 1.0% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Greece received in recent years salary increase from -4.5% to 1.0% on average per year. It means -0.7% increment per year on average.

Salary Forecast and Trends for the Future in Greece

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 0.3%. Estimated range is between 0.2% and 0.5%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 0.3%. Estimated range is between 0.2% and 0.5%.

Gender Wage Gap in Greece

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The actual wage gap in Greece reaches 6.9%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Greece experiences 6.9%.
It's due to many factors, such as:
  • Gender disparity.
  • On average, women take 10% longer vacations than men each year.
  • Having a college degree is less common among women compared to men.
  • Women are more likely than men to take on caregiving responsibilities for children and elderly relatives.
  • When it comes to part-time employment, women outnumber men, and they tend to earn less than full-time workers.
  • Lower-paying occupations are more common among women than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

High school completion and achieving a bachelor's degree offer numerous advantages. Primarily, they substantially improve career prospects, resulting in increased earning potential and wider job options. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and earning a bachelor's degree comes with a plethora of benefits. First and foremost, it significantly enhances career opportunities, allowing for higher income potential and greater access to diverse job prospects. Beyond financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and provides the chance to specialize in a specific area of interest. Additionally, it facilitates valuable networking opportunities and fosters the development of a global mindset. Ultimately, the journey from high school to a bachelor's degree is a transformative experience that unlocks a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. exemplifies a relentless pursuit of excellence and a path towards a transformative and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of about 11%-15%. Expertise and leadership result in higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 18%-22% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 11%-15%. Expertise and leadership attain higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 18%-22% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Greece

What is the average hourly wage in the Greece?

Average Hourly Wage
8EUR
Low 4 EUR
Average 8 EUR
High 35 EUR

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages may make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks normally attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can upset work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Job insecurity may be more prevalent in hourly positions than in salaried positions, as they are susceptible to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Some hourly positions within the organization may offer limited opportunities for career growth, professional development, or upward mobility.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Greece

What are the best paying jobs in Greece?

List with best paid jobs in GreeceDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Greece?

  1. Surgeon (EUR 6,000)
  2. Doctor (EUR 5,400)
  3. Chief Executive Officer (CEO) (EUR 5,100)
  4. Registered Nurse Anesthetist (EUR 5,000)
  5. Dentist (EUR 4,800)
  6. Airline Pilot (EUR 4,600)
  7. Intellectual Property Lawyer (EUR 4,500)
  8. Marketing Manager (EUR 4,000)
  9. Marketing Director (EUR 4,000)
  10. Sales Director (EUR 3,700)
  11. Sales Manager (EUR 3,700)
  12. Petroleum Engineer (EUR 3,700)
  13. Brand Manager (EUR 3,600)
  14. Marketer (EUR 3,600)
  15. Judge (EUR 3,600)
  16. Treasurer (EUR 3,500)
  17. Controller (EUR 3,500)
  18. Pharmacist (EUR 3,400)
  19. Tax Lawyer (EUR 3,400)
  20. Lawyer (EUR 3,400)
List with worst paid jobs in GreeceDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Greece?

  1. Cashier (EUR 640)
  2. Childcare Worker (EUR 670)
  3. Stock clerk (EUR 680)
  4. Elder Care Worker (EUR 690)
  5. Receptionist (EUR 710)
  6. Bartender (EUR 770)
  7. Food and beverage server (EUR 780)
  8. Janitor (EUR 780)
  9. Waiter (EUR 800)
  10. Tour Guide (EUR 800)
  11. Customer Service Representative (EUR 1,000)
  12. Hotel Concierge (EUR 1,000)
  13. Rehabilitation Counselor (EUR 1,000)
  14. Travel Agent (EUR 1,100)
  15. Secretary (EUR 1,100)
  16. Painter (EUR 1,200)
  17. Carpenter (EUR 1,200)
  18. Bus Driver (EUR 1,300)
  19. Artist (EUR 1,300)
  20. Truck Driver (EUR 1,300)
List with best paid industries in GreeceDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (EUR 3,800)
  2. Business and Management (EUR 3,300)
  3. Marketing and Sales (EUR 3,000)
  4. Engineering (EUR 2,800)
  5. Law (EUR 2,600)
  6. Accounting and Finance (EUR 2,600)
  7. Computer and Information Technology (EUR 2,600)
  8. Transportation and Logistics (EUR 2,500)
  9. Science (EUR 2,500)
  10. Education and Training (EUR 2,100)
  11. Other (EUR 1,500)
  12. Hospitality and Tourism (EUR 1,300)
  13. Social Services (EUR 1,100)
  14. Services (EUR 1,000)