The clock is ticking for workers to be paid the Christmas 2024 gift.

The Christmas bonus is a full salary if employees have been with a business for six months and must be paid by December 21.

How the Christmas bonus is calculated

To calculate the Christmas bonus, the way employees are paid is taken into account, i.e. whether they are paid on a daily wage or a salary. The period for which the Christmas bonus is calculated starts from 1 May to 31 December each year.

Thus, employees whose employment relationship with the employer has lasted without interruption throughout the time period mentioned, i.e., from May 1 to December 31 of each year, are entitled to the full Bonus which is equal to one (1) month’s salary for those paid by salary and 25 days’ pay for those paid by salary.

However, those of the above employees whose relationship with the employer did not last for the entire period of time (from 1/5 to 12/31) are entitled to receive a portion of the bonus commensurate with the length of their employment.

The provisions of the statutory framework on holiday gifts are of public law, with the consequence that any contrary express or implied agreement, as well as the employee’s waiver of the claim for payment, is not permitted and is null and void.

Which employees are entitled to it

Under current legislation, all employees who are employed in the private sector on an indefinite or fixed-term, full-time or part-time contract of employment with any employer are entitled to Holiday Gifts.

They are entitled to any kind of employment, whether they are employed or self-employed, in full-time or part-time employment.

Employees have the opportunity through the online application created by the CPEA to calculate themselves the Christmas Gift they are entitled to by entering the link below: http://kepea.gr/calc-doro-xristoygennon.php.