Home » today » Business » Easter Gift: Everything you need to know – What will happen to the 2024 Easter Special Gift and a video… bonus – 2024-03-29 06:23:10

Easter Gift: Everything you need to know – What will happen to the 2024 Easter Special Gift and a video… bonus – 2024-03-29 06:23:10

The Extraordinary Easter Gift is different from the Easter Gift and as we approach the holiday days, more and more citizens are looking for the ways and conditions for paying the specific amounts.

The main differences are as follows:

Easter gift:

It is compulsorily paid by employers to employees, whether they are paid a salary or a daily wage.
It corresponds to half a month’s salary for wage earners and 15 days’ wages for day wage earners.
Payable by Holy Wednesday each year.
This year, Holy Wednesday falls on May 1.

Special Easter gift:

It is not mandatory.
Granted by the government to vulnerable social groups.
The amount and conditions for granting the extraordinary Easter gift are determined by the government each time.
This year, no emergency Easter gift has been announced by the government.

According to the government’s statements so far, no special Easter gift will be given in 2024.

The Minister of Finance, Kostis Hatzidakis has stated that he had indicated that there are no thoughts of emergency aid for vulnerable households at Easter.

Also, the prime minister himself Kyriakos Mitsotakis in an interview on March 12, he stated that the extraordinary gift will not be given this year.

Easter gift: Beneficiaries, calculation, payment

When it comes to the Easter gift, things are different.

Beneficiaries are all employees of the private sector, permanent or fixed-term, full-time or part-time, for any employer. A necessary condition is that their work has lasted even for one day during the period from January 1st to April 30th.

Calculating method

For salaried employees: the Easter gift corresponds to 1/2 of their monthly salary.
For salaried employees: the Easter gift corresponds to 15 daily wages.
Calculation based on hours:

For part-time employees: the Easter gift is calculated based on their working hours relative to full-time hours.

Calculator: Click here to calculate the amount due to you.

Times that are not included in the Easter gift

The days on which the employee was absent from work without reason or due to unpaid leave are not counted.

The period of absence of employees due to trade union activity (i.e. time on trade union leave) is not taken into account.

Regarding the strike, the judicial jurisprudence accepts that the days of the strike are not counted in the duration of the employment relationship because the abstention of the employee is due to his own will and therefore cannot be characterized as an excused absence. By analogy, the same applies to work stoppages, since they also constitute a strike in reality.

When is it paid:

The Easter gift must be paid by Holy Wednesday each year.

Special cases:

Leaving work: If the employee leaves work before Holy Wednesday, he is entitled to the Easter gift in proportion to the time he worked.

Parental leave: The duration of parental leave is taken into account for the calculation of the Easter gift.

The story of the Easter gift

The history of the Easter gift in Greece begins with the period of the Greek Revolution.

  • 1822: The first reference is made in a document addressed to the Ministry of Finance by the workers of the Administration Printing Office. They are asking for “a few grand” to be able to celebrate Easter.
  • After release: The Easter gift began to slowly become a habit, with employers giving gifts in kind or in money to their employees.
  • 1946: With the compulsory law of 866, the extraordinary aids, as the gifts were called, were established, which were included in the salary.
  • 1954: Law 2756/1954 made it mandatory for all private sector employees.

Today:

More generally, it is equivalent to half a salary for wage earners and 15 days’ wages for day wage earners.
Payable by Holy Wednesday each year.

It is an important financial aid for employees, helping to strengthen their purchasing power and stimulate the market.

To end on a happier note, check out an old but classic sketch from the legendary 90s satirical series ‘AMAN The Bastards’ about what else? Easter gift!


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