Compliantly hire your distributed team members in
Armenia
To hire new employees in
Armenia
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Armenia
while staying fully compliant with local laws and compliance.
Armenian
Armenian dram (֏, AMD)
Monthly
12 days
0%
$ (113 of 139 nations)
20 days
5 days
140 days
In many countries like
Armenia
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
AMD 68,000 per month.
The standard working hours are 8 hours per day and 40 hours per week. Overtime hours are paid at 1.5 times the regular wage.
Work-related illness or injury leave: Workers who are ill or injured on the job are entitled to their normal pay until they are ready to return.
For all Borderless customers, employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
0%: Total Cost of Employment
As of 2021, the income tax is a flat rate of 22%.
The reason for termination must be a reason that is stated in the Armenia's labor laws. For example, employee is not able to perform job duties, unexcused absences, and fraud.
The notice period is determined by the length of employment.
Probation period is not a must in Armenia. The maximum probation period is 3 months.
Severance package depends on the length of employment and the reason for termination. The average severance pay ranges from two weeks' salary to one month's salary.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.
