ECONOMY

Half of Greek companies fail to pay employees on time, says Labor Inspectorate

Half of Greek companies fail to pay their employees on time and one in three workers is uninsured, a Labor Inspectorate official told Skai TV on Monday.

“As we speak, employees are owed a total of 2.5 million euros in Christmas bonuses,” said Michalis Kandarakis, the public service’s special secretary. “While half of Greek firms do not pay their workers promptly.”

Kandarakis added that the economic crisis and the relaxation of labor laws had led to an increasing number of companies scrapping contracts for full time employment.

He said there had been a 1,200 percent increase in the number of companies who offered their employees more flexible forms of employment.

Kandarakis said that the Labor Inspectorate received more than 1,200 complaints from employees last year regarding their employers’ practices.