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* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
Hiring in Armenia offers access to a highly skilled workforce, particularly in the tech and IT sectors, driven by a robust emphasis on STEM education.
With lower labor costs compared to many Western countries, hiring in Armenia can provide cost-effective solutions without compromising on quality.
The Armenian government's support through incentives such as tax benefits and grants further enhances the attractiveness of hiring in the country.
Additionally, Armenia's thriving startup ecosystem offers access to innovative ideas and entrepreneurial talent, fostering potential collaborations and advancements.
Armenia has comprehensive labour laws that typically favour employees. A written employment contract in the local language is a legal requirement. A customary document should include:
In Armenia, the probation period is typically optional and should not surpass three months if outlined in the contract, unless specified otherwise by labor laws, which may allow for probation periods of up to six months in certain cases.
As per the Republic of Armenia's labor code, employees are typically permitted to work 8 hours a day for 5 days, constituting a total of 40 hours per week as regular working hours.
In Armenia, overtime is paid at 150% of the standard hourly rate, while night work is compensated at 130%. The maximum daily working time, including overtime, is 12 hours (48 hours per week), with breaks included. Overtime pay cannot be included in the regular salary, and managers are exempt from overtime restrictions without extra pay.
In Armenia, the minimum monthly wage is 75,000 AMD. Those working in hazardous environments receive a premium on top of their average salary.
There is no mandatory requirement for employers to provide a 13th-month salary.
Armenia applies a flat tax rate of 20% for personal income tax.
Armenia's pension system, managed by the State Social Security Service, provides retirement benefits based on contributions. Retirement age is 63 for men and 60 for women, with various pension types available. Reforms aim to ensure system sustainability and efficacy.
The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Armenia tailored to your needs.
In Armenia, termination of employees must adhere to specific reasons outlined in labor laws, requiring written justification from the employer. Acceptable reasons may include:
In Armenia, notice periods vary based on employee tenure and circumstances:
In Armenia, severance pay varies depending on the reason for termination. For company-related terminations such as liquidation or reduced workforce, employees receive severance equal to the average monthly salary.
Employee-related terminations for reasons such as disability or old age follow a scale based on length of service:
Armenia observes 12 national holidays in a year.
In Armenia, mandatory benefits generally include:
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