Gender pay gap persists in Greece – pension inequality even greater
Women in Greece continue to earn significantly less than men, and the gap becomes even wider when it comes to pensions, according to the latest official data.
Figures from October 2024 reveal that men’s average monthly wage, before taxes, is €1,431, compared to €1,232 for women – a difference of nearly €200. In businesses that pay by the day, men earn €57.69 daily, while women make €48.68.
The inequality deepens in retirement. Labor Ministry data show that men’s average monthly pension stands at €1,220.55, while women receive just €976.66. Experts attribute this not only to wage disparities but also to the fact that many women interrupt their careers for family responsibilities or spend years working part-time.
Part-time employment is common in Greece, with about 685,000 insured workers in such positions. Interestingly, in this category, women earn slightly more than men – €549.44 compared to €530.18.
Lower pensions have a harsher impact than lower wages, as they often represent the sole source of income for elderly citizens. A recent change, however, allows pensioners to work without facing additional tax penalties.
The gender pay gap is not unique to Greece. Across the European Union, policies aim to reduce inequalities by promoting equal hiring, encouraging men to share childcare duties, and expanding access to quality childcare. Some countries are even considering counting childcare and family care toward pension eligibility – though progress has been slow.
Greece has taken some recent steps toward equality. Minister for Social Cohesion and Family Affairs Domna Michailidou highlighted the adoption of the EU’s Women on Boards Directive, which requires Athens Stock Exchange-listed companies to have at least 33% female representation on their boards.
For women in other positions, initiatives such as the Business Equality Badge program are promoting fairness by ensuring recruitment, promotions, and pay decisions are made on the basis of equality.
