How are the overtime, overtime, night and holiday contributions calculated today and how employees benefit from the new ministry arrangement
The Ministry of Labor and Social Security is proceeding with further relief of non -wage costs, with the benefit of employees and businesses.
By order, which is being promoted, the calculation of insurance contributions overtime; overtime; nightlife and employment on holiday days or Sundays of full -time employees will be done on the hourly hourly hourly work, which corresponds to these special cases of employment.
The arrangement does not affect the increase in employees’ remuneration for overtime, overtime, night employment and employment on holidays and Sundays, which continues to pay, as it is, only affects the calculation of insurance contributions.
As stated in a relevant announcement, the arrangement benefits both at the same time workersas The net amount increaseswhich of them is paidbecause of the reduction of their additional contributions, as well as employers, as they will pay reduced employer contributionscalculated on the basis of octave remuneration and not on the basis of the salaries of the increase.
Example 1: For a full -time employee employee, with an average monthly salary of EUR 1,342, which receives also a salary of 1,570 euros gross per year (EUR 130.8 per month) from overtime or overtime, the corresponding contributions currently amount to EUR 552 per year, by The EUR 212 is borne by the employee and 340 euros are borne by the employer. With the promoted arrangement, the contributions will now amount to € 425 per year, reduced by 23%, with the benefit of the employee being estimated at around € 49 per year and the benefit of the employer to EUR 78 per year.
Example 2: For a full -time employee employee, with average monthly salary of EUR 1,342, if he is employed nightly and holidays with overtime and overtime and for these reasons he also receives 7,862 euros per year (EUR 655.23 per month), the respective contributions are today at EUR 2,764 per year, of which EUR 1,064 They are borne by the employee and the EUR 1,700 is borne by the employer. With the promoted arrangement, the contributions will now amount to EUR 1,715 per year, reduced by 38%, with the benefit of the employee being estimated at approximately EUR 403 per year and the employer’s benefit to EUR 645 per year.
According to the announcement, the new arrangement is being added to a series of successive government moves in recent years to relieve non -wage costs, achieving a reduction in insurance contributions by 5.4 percentage points, with the aim of reaching 5.9 percentage points in 2027.
These movements have led to an increase in available income of workers And they have contributed so that businesses will be recruited, which is reflected in a decrease in unemployment, which has fallen to 9.4%, based on ELSTAT data and significant growth of jobs according to More than 2019.
The Minister of Labor and Social Security, Ceramic Victorystated: “Stimulating employment and increasing workers’ income are two of the key priorities of our government and efforts are constant. In this regard, we are further relieved of non -wage costs for employees and businesses, reshaping how to calculate overtime contributions, overtime, nightclubs and public holidays. We support employees by increasing their disposable income and businesses, constantly enhancing their competitiveness. At the same time, with the gradual application of the digital work card in all sectors of the economy, we protect workers from non -lawful practices, ensuring that their actual working time and pay for him, as well as businesses from unfair competition. We continue to support workers and businesses in order to further enhance the positive potential that has been developed in the labor market in recent years. “
For his part, Deputy Minister of Labor and Social Security, Panos Tsakoglou, noted: “The Ministry of Labor is making a new arrangement to abolish surcharges in insurance contributions, which relate to overtime, overtime, night work, and employment on Sundays and holidays. This arrangement does not affect the amount of surcharges provided for the remuneration of overtime, overtime, night work and employment on Sundays and holidays, which are still paid normally. This initiative is a continuation of the horizontal reduction of insurance contributions by 5.4 percentage points since 2019, which has made a decisive contribution to increased employment and reducing the unemployment rate in our country. As a result of the regulation, the reduction in non -wage costs of businesses and the enhancement of full -time employees’ disposable income. This regulation improves the competitiveness of the economy, mitigate the “narrowing” observed in many sectors of economic activity and upgrade the standard of living of workers. “
Here are 4+1 questions and answers for the new measure:
How are the overtime, overtime, night and holiday contributions calculated today?
In these special cases of employment time, the employee is paid by increasing the hourly wage. Operation, (ie one more employment time), is paid by 20%, overtime (ie from 9th to 12th), paid 40%, night employment is paid 25%and employment and employment On Sundays and public holidays it is paid 75%.
To date, the corresponding rates are also increased by the insurance contributions corresponding to these hours of employment.
The new arrangement provides for the reform of overtime, overwork, nightlife and employment Sundays and full -time employees’ holidays, so that their calculation can be done on the hourly wage corresponding to the regular eight -hour employment and not on the basis of the percentage of the employment.
How do workers benefit from the new arrangement?
Reducing workers’ insurance contributions, the net amount, which they receive from their employment in overtime, overtime, night hours, as well as holidays and Sundays, is increased.
This enhances their available income.
How do businesses benefit from the new arrangement?
By reducing employers ‘insurance contributions, the amount of businesses, which employ employees of overtime, overtime, nights and days of holiday or Sundays are required to pay to pay off, without affecting workers’ earnings.
This reduces the non -wage costs of labor in order to boost employment and increase investment.
At the same time, overtime transparency and the formation of a healthier labor market is reinforced, with the proper statement of overtime, as the increase in overtime in the sectors that have been included in the digital work card it is clear that many workers are overtime for which they are not paid or paid in a non -lawful manner.
In this way, the regulation also enhances healthy competition.
In which sectors of the economy will the measure be implemented?
The measure will be applied horizontally to all sectors of the economy.
Does the measure also apply to part -time workers?
The measure will only be applied to full -time workers.
Source: Skai
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