One in five Greeks works in flexible work forms and only half (42.6%) of employees work full time. More than 30,000 employees work up to four hours a week or sixteen hours per month with the equivalent low salary.
In the derailed labor market in Greece of bailout agreements, capital controls and lack of liquidity,
one in five workers (22,48%) are employed part-time or on job rotation.
Two out of four employees recruited in 2016, are being paid a salary of less than EUR 600.
One in two on flexible work contracts earn less than €500 per month.
There are 8,652 hired workers who work only two hours per week. In practice, they are unemployed.
22, 245 workers have work contracts for four hours per week.
These data have been published by EU-funded ERGANI Center for Employment and illustrate the dramatic situation of employment in Greece’s private sector.
At the same time, the Labor Ministry sees an increased of paid employment in 2016 when compared to 2015. And also an increase in the average monthly gross earnings.
82 679 new jobs have been created in 2016, a growth of 5.1% when compared to 2015.
Number of employed in private sector was 1,771,084 in 2016 and 1,673,732 in 2015.
The majority of employed (478,148 or 26.99%) are employed in 25,401 enterprises that have 10-49 employees.
25% of new jobs, ie 19,019, are part-time or jobs in rotation with salaries below 500 euro per month.
Another 25% of employed earn 500-600 euro per month and work full time.
According to another source
In total recruitment 2,142,974:
969,965 (45.26%) are full-time jobs
1,173,009 (54.74%) positions are part-time and job rotation.
In non full-time contracts:
859,439 (40.11%) are part-time jobs
313,570 (14.63%) positions are rotation jobs
Of course, in real life, people working less than 16 hours per month earn much below 500 euro.
Real life payment per hour has gone down to 3 euro per hours or even lower. It was just last month, when the Greek Labor Ministry stated that 125,000 workers earned less than 100 euro per month.
PS Zero hour contracts are a matter of time. R.I.P. social security and pension system.