Global Headhunting & Recruitment Solutions in Ukraine
Why create a global recruitment strategy?
Creating a global recruitment strategy is essential for organizations that want to attract and retain the best talent from around the world. Here are some key reasons why:
1. Access to a larger talent pool: By casting a wider net and looking beyond local talent, organizations can tap into a larger, more diverse pool of candidates with a wider range of skills, experiences, and perspectives.
2. Cost savings: Hiring local talent may be less expensive in the short term, but in the long run, it can limit a company’s ability to scale globally. By creating a global recruitment strategy, companies can identify and leverage cost-effective hiring practices across different regions, which can help to reduce overall recruitment costs.
3. Better alignment with business goals: A global recruitment strategy can help ensure that hiring decisions are aligned with the company’s overall business strategy and objectives. By taking a more holistic approach to recruitment, organizations can ensure that they are hiring candidates with the skills, experience, and cultural fit that will help drive their business forward.
4. Improved employer branding: By positioning themselves as a global employer of choice, organizations can attract top talent and differentiate themselves from competitors. A strong employer brand can also help to reduce recruitment costs and improve employee retention rates.
Why hire talents in Ukraine?
There are many reasons to hire talent in Ukraine. Here are some of the main ones:
- Highly educated workforce: Ukraine has a strong education system and produces a large number of highly skilled professionals. Many Ukrainian engineers and IT specialists are recognized globally for their expertise in various fields.
- Cost-effective labor: The cost of labor in Ukraine is relatively lower than in many other European countries. This makes it an attractive destination for businesses looking to save costs while still maintaining quality work.
- Favorable location: Ukraine is strategically located in Eastern Europe and has a favorable time zone for businesses operating in Europe, the Middle East, and Asia.
- Cultural affinity: Ukrainian culture is similar to that of many other European countries, which can make it easier to work with Ukrainian employees and integrate them into a company’s culture.
- Government support: The Ukrainian government has been actively working to improve the country’s business environment and attract foreign investment, which has resulted in several tax incentives and other benefits for businesses.
How much does it cost to hire talent in Ukraine?
The cost of hiring talent in Ukraine varies depending on several factors, including the level of experience, specific skills required, industry, and location. As of 2023, the average salary in Ukraine was approximately 13,500 Ukrainian hryvnias per month, which is equivalent to around 500 US dollars.
According to Payscale, the average salary for a software developer in Kyiv, Ukraine’s capital city, is around $18,000 – $30,000 per year, while a senior software developer can earn around $30,000 – $60,000 per year. These figures are significantly lower than the salaries for similar positions in Western Europe or the United States.
Employee labor laws in Ukraine
Working Hours in Ukraine
The standard working hours in Ukraine is 40 hours per week, which is typically spread over 5 days. The usual workday starts at around 9:00 or 10:00 in the morning and ends at around 18:00 or 19:00 in the evening, with an hour-long lunch break in the middle of the day.
Minimum wage
The minimum wage in Ukraine as of 2022 is 6,000 Ukrainian hryvnias per month, which is equivalent to around 220 US dollars. However, it’s important to note that this number can vary depending on the age and experience level of the worker, as well as the industry and location of the job.
General taxation
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Type of Tax
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Rate
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Description
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Personal Income Tax
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18% flat rate
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Applies to all taxable personal income
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Corporate Income Tax
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18% flat rate
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Applies to taxable corporate profits
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Hire the best talent in Ukraine with EER Global
EER Global adopts a customized and professional approach to locate the most suitable talent for your company. By carefully assessing and identifying the perfect candidate for your specific role, they can save you time and resources that would have otherwise been wasted on hiring the wrong person.
With their vast network and industry expertise, they can link you up with exceptional candidates in the job market, enabling you to fill your positions quickly and effectively. Additionally, they can offer valuable insights and recommendations on the recruitment process, empowering you to make informed decisions that align with your business objectives. If you are planning to recruit in Ukraine, do not hesitate to get in touch with EER Global’s dedicated team of professionals for further details.
