Hire your remote team in Ukraine

Only 499 EUR per employee per month

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Hiring a remote team in a country as Ukraine comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR)Ā solution helps companies hire remote employees in Ukraine. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

A remote team

1. Hire a remote team in Ukraine with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Ukraine, particularly if you don't have established local relationships. You can hire employees in Ukraine effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Ukraine.

As an employer of record, we help you hire employees and run payroll services in Ukraine, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Ukraine.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Ukraine or individually hire remote employees in Ukraine, Rivermateā€™s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermateā€™s Employer of Record Ukraine services can best help your company!

3. Hire a remote team in Ukraine

Ukraine is Europe's largest country. It has one of the world's youngest populations and is well-known for its transportation network. The country has excellent connectivity with the rest of the world, with multiple airports, seaports, railways, and the world's deepest metro connection. The young country, which has a large number of recently graduated millennials, has become one of the major hotspots for major company recruitment. The major employment sectors are agribusiness, renewable energy, and information technology services. The majority of Ukraine's population speaks Ukrainian or Russian, and the country's English-speaking population is concentrated in its cities.

4. Cost of living in Ukraine

Ukraine's cost of living is $458, which is $2.04 less than the global average. Ukraine ranked 184th out of 197 countries in terms of cost of living and 105th in terms of quality of life.

In Ukraine, the average after-tax salary is $370, which is enough to cover living expenses for 0.8 months.

5. Cost of renting in Ukraine

Ukraine, as one of the world's largest producers of agricultural commodities, provides high-quality food at reasonable prices. Furthermore, travel in the country has been subsidized and is significantly less expensive than in other European countries. With numerous options for travel and lodging in the country, the monthly cost of living in Ukraine for a single person is USD 700 or ā‚“19000. (Ukrainian hryvnia).

Ukraine, known for its tourism, provides residents and visitors with a diverse range of lodging options. Ukraine provides affordable accommodation ranging from fully furnished studios, apartments, rental rooms, hotels, hostels, and dormitory facilities. As in most countries, accommodation becomes more expensive as one moves closer to the city. Furthermore, shared accommodations are significantly less expensive than individual apartments.

6. Major industries in Ukraine

Ukraine, primarily an agricultural country, is now expanding its digital and information technology services. According to a 2019 IT sector report, the country provides the most IT services in Europe and is ranked among the top 25 countries in the world for software development. The following are the major employment sectors in Ukraine:

- Agribusiness

- Food Processing

- Renewable Energy

- Transportation & Logistics

- Mining and Metallurgy

- Engineering Services - Machine Building

- Software Development

- IT services

- Telecommunications

- Tourism

7. Hiring cost in Ukraine

The cost of hiring in Ukraine is significantly lower than in other European countries. Because Ukraine is a newcomer to the service sector, perceived salary expectations are lower. The country's highly educated workforce resides in Tier 1 cities. A large number of freelancers from Ukraine's cities also provide high-quality design, programming, and software services.

8. Employment laws Ukraine

All employees in Ukraine, regardless of position, are governed by the country's common labor law. The Labor Code is the country's primary legislative act that governs the provisions of the Labor Law. The act governs all employees' remuneration policies, contract provisions, social privileges, and working conditions.

According to the Ukrainian labor contract, the employee must provide seven documents in addition to adhering to the employment order and the probation period specified by the legislation. Before signing a contract, both parties should read the termination, liability, and grievance clauses.

9. Top skills Ukraine

Ukraine is ranked fifth in the Global Skills Index 2020 for technology. The country has a highly educated workforce capable of providing value-added services in business, software, and management. A large proportion of the Ukrainian population is engaged in online graphic design and software development.

- Plant/Machine Operation

- Digital Designing

- Photography

- Cinematography

- Management

- Soft Skills

- Communication

- Procurement, Logistics, and Supply Chain

- Software & IT skills

10. Economic landscape in Ukraine

Over the last few years, Ukraine has developed a stable economy with a rich cultural history and an impressive growth rate. It has achieved a complete literacy rate of 99.97% thanks to extensive political reforms aimed at empowering the country's youth and labor. Despite the fact that the pandemic has had a significant impact on the country's economy, it is steadily recovering and welcoming new investments. Ukraine has a high internet penetration rate and ranks among the top ten European countries in terms of high-speed internet access. With over 1500 Internet Service Providers (ISPs) offering fast, cheap internet, the majority of the country's population is digitally active. The average download speed in the country is 50 Mbps, with cities offering speeds of up to 130 Mbps.

11. Market size in Ukraine

Ukraine is the world's leading exporter of grain crops such as corn, wheat, and barley. Agriculture accounts for 9% of GDP, with IT services accounting for 8%. The export of agricultural machinery, seeds, and fertilizers is on the rise, accounting for 25% of the country's total agricultural exports.

12. Minimum wage in Ukraine

The minimum salary level in Ukraine is now UAH 60,000 per month.

13.Why choose Rivermate to hire your remote team in Ukraine?

Establishing an entity in Ukraine to hire a team takes time, money, and effort. The labor law in Ukraine has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Ukraine simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Ukraine give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Ukraine via our Employer of Record (EOR) / PEO solution.

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