In Greece, the tax burden on labour costs declined from 2010 to 2011 for most of the household types in the Taxing Wages report as a result of a decline in average wages.

The report further notes that Greece is one of the OECD countries with the highest tax burden on labour income for one-earner families with children, while real incomes dropped by 25.3 % in 2011 from 2010. In total, the share of tax and social security contributions (by employers and employees) amounts to 38 % of total salary costs.

Taxing Wages provides nationally comparative details about the taxation of employment incomes and the associated costs to employers for different household types and at different earnings levels. These are the key factors in determining the incentives both for individuals to seek work and for businesses to hire workers.

Greek News Agenda: OECD-Greece's progress towards structural reforms