By Vangelis Dourakis

Triple “profit” brings for private sector employees in 2025: The beginning will be from the first month of the new year, as all employees will see increases… “through the slope” in the amounts they “put in their pocket”, from reduction of deductions in insurance contributions. Beyond that, in April comes the increase in the minimum wage, which is estimated to go up to 870 euros from the current 830. At the same time, the basic allowances will also increase.

Therefore, from January 1st, the new reduction in insurance contributions is activated, which practically means that the wages received by each employee will “inflate”, given that there will be fewer deductions.

How much more money will the workers get

The specific reduction will be distributed by 0.5% to employee contributions and by 0.5% to employer contributions in the health sector.
With the new year, employees’ deductions in favor of EOPYY from 2.55% will reach 2.05% and employers’ from 4.55% to 4.05%.
These reductions translate into increases in net earnings from 58 to 387 euros per year (gross), depending on the salary of each employee.

In terms of the “net” increase in the employee’s pocket (after taxes), the “scissor” in contributions translates to:

  • Basic salary (830 euros): +3.5 euros (net 709.2 euros from 705.96 euros)
  • Salary 950 euros: +3.7 euros (net 790.30 euros from 787 euros)
  • Salary 1,500 euros: +6 euros (net 1,153 euros from 1,147 euros)
  • Salary 2,000 euros: +7 euros (net 1,464 euros from 1,457 euros)

From April 2025, therefore, minimum wages are expected to rise from 830 euros today to 870 euros, according to information, automatically dragging upwards the three-year terms and a series of benefits. The Government’s fixed goal remains to set the minimum wages at 950 euros in April 2027.

How much will the minimum wage, seniority and benefits go up?

Later and specifically, in April comes the increase in the minimum wages: It is estimated that the minimum wages will be adjusted by 40 euros, as they will rise to 870 euros from 830 which they are today.

Along with the minimum wage, the basic daily wage for the unskilled worker also “inflates”, as well as a series of benefits connected to it, such as that for the unemployed, seasonal workers and … students.

Of course, the marriage allowance will be shaped accordingly, as well as the minimum wages with integrated three-year terms.

Today, the minimum salary is 710 euros net (830 euros gross) and is the basis for calculating seniority allowances, which have been “unfrozen” since January 1, 2024 and take into account seniority before February 12, 2012 and after January 1, 2024 .

Today, salaries with seniority (3 years) are structured as follows:

  • No three years: 830 euros for singles and 913 euros for married people (83 euros marriage allowance)
  • Three years: 913 euros for singles and 996 euros for married people
  • Two three-year terms: 996 euros for singles and 1,079 for marrieds
  • Three three-year terms: 1,079 euros for singles and 1,162 euros for married people

Of course, all these amounts after the minimum wage increase will be adjusted accordingly.