From wherever you’re reading this in Europe…
…and whether you’re trying to find employees for your small, mid-sized, or large company,
…and no matter the specialisation or profile of the candidates you’re looking for
there are more than a few good reasons to consider hiring from Armenia.
As an employer of record company based in Armenia, we see the fruitful model of cooperation between European companies and Armenian professionals for 3+ years. There’s a well-developed market for IT and software development in Armenia. Also, there is a highly educated workforce in various other fields such as engineering, finance, marketing and more.
With one of the highest percentages of online freelancers per capita in the world, hiring from Armenia promises to be your most efficient choice.
Let’s discuss more on this.
There is a career shortage in Europe. 75% of employers in 21 EU countries said they couldn’t find needed talent in 2023. In 2018, this issue persisted in 42% of EU employers. So, you’ve got the idea. Things are not getting any better in this regard.
There is a career shortage for specific skill set. For example, there are many digital marketers, but not many of them specialise in fintech. There are lots of qualified engineers, but not so many of them specialise in AI & robotics. With an employer of record in Armenia, you have higher chances for a detailed local search. Particularly, they will help you in targeting the exact person you need.
(On the side not, we’ve just a built a team of Salesforce specialists for an EU company).
It’s hard to hire with weak employer branding. 75% of talent considers the employer brand before applying for a job. If this area has slipped off your hands, especially if you are looking for potential candidates outside your area, it’s a good idea to delegate this task to a local employer of record, which can offer you extra services of recruiting local talent.
You might’ve already heard this – Armenia is becoming one of the most preferred outsourcing locations for IT and tech companies. IT is one of the focus areas in the country. This field is enhanced with governmental subsidiaries, high-quality education, and a growing tech community. As an example, in 2023, the number of registered AI companies was double of those in 2022.
Armenian IT companies cover around 85 services and industries, with a strong focus on software development and web design. You can confidently hire IT specialists in Armenia – skilled remote developers, designers, quality assurance engineers and more. As a side bonus to a highly-skilled workforce, there are minimal time zone differences with most European countries. Salaries are generally 40-50% less compared to those of Western and Central Europe.
Moving forward, Armenia has a wide pool of marketing professionals, and major marketing gatherings happen annually. Locals are well-versed in digital marketing, content creation, social media management and SEO. With a typical salary range of 156,000-430,000 AMD (which converts to ~ 370 – 1030 EUR/mo), you can boost your digital marketing performance and cut costs simultaneously.
A crucial bonus we can’t miss is Armenians’ multilingualism. Besides Russian being broadly spoken in the country and a big part of young people knowing intermediate to advanced English, Armenians also speak European languages. Many people in the country speak French, Spanish, and German. Therefore, finding a remote talent who speaks your language shouldn’t be too hard.
With Collab Fabrik – a remote hiring company from Armenia with over three years of experience in remote team building – you can find many remote professionals from different backgrounds. These include HR, finance, project management and customer support. Moreover, you can take advantage of Armenia’s rich cultural heritage by hiring language specialists who are fluent in English, Spanish, French, or any other language for your international business needs.
At Collab Fabrik, we can find even the most niche specialists for your business thanks to the team located in Armenia, which is composed mostly of native Armenians. If we can’t find the right candidate in Armenia, we may consider specialised training for the right candidate to meet your needs!
You can find more details in the Labor code of the RA or contact a specialised EOR in Armenia – Collab Fabrik – for a quick consultation on any labour-related questions.
Depending on your business goals and how you want to build your team in Armenia, there are a few different ways to hire remote employees for Armenia.
You can use major freelance hiring platforms like Upwork, Fiverr, Freelancer, or similar to find freelancers in Armenia. This is a good option if you need a specialised skill set for a one-time or short-term project. However, it’s not suitable for hiring an employee for the long term.
Usually, freelance platforms have an easy set of regulations that help you figure everything out quickly. Thus, the hassle of posting a job announcement, conducting interviews, and signing a contract is highly simplified. However, you should note that freelance platforms started to fall under governmental regulations too. For example, Upwork requires freelancers to obtain a tax certificate in Armenia.
Also, take into account that you might need to put more time and effort into vetting suitable candidates.
If your plans go beyond one-time or short-term projects, setting up a legal entity in Armenia might be your best option. This approach gives you peace of mind when working in a foreign country. That’s because you know you’ll have no issues with local authorities for unregistered work.
Actually, setting up a legal entity itself is not a complex process. This requires several quick steps – much like its neighbouring countries, will help you register your business in Armenia.
On the other hand, maintaining and managing your local business may be different from what you’re used to in your home country. You’ll need additional resources dedicated specifically to your Armenian branch. It’s a new focus area that will take time and effort to develop.
So, if you’re a small or middle-sized company that plans to start with a small team in Armenia, investing in a legal entity may not be the most viable option. Instead, we recommend partnering with a local EOR in Armenia, which, aside from its main services, will also offer you additional services of opening your legal entity in the country.
Collab Fabrik’s specialised team has already managed 20+ remote teams for different companies in the EU and outside. Therefore, our employer of record based in Armenia and Europe, can hire and manage your remote team in Armenia.
We offer you…
Partnering with EOR in Armenia, who also provides some services of PEO (covering the A-Z of your hiring needs) is a good choice if you are looking for experts to get aboard and work with your company for a long time. We can significantly help companies who search for short-term cooperation with Armenian talent but don’t want to have a superficial commitment from the employee.
Combining EOR and PEO services, we can find qualified talent, conduct interviews and training (if needed), and provide you with suitable local talent that works like a team member. We will also open a legal entity for your company, so you don’t have to bother about all the bureaucratic stuff.
There are no fixed packages we provide. Instead, a tailored approach is found for every company as every company comes with its own set of requirements.
Contact us to discuss your specific needs and we’ll find the optimal solution for you.
From all the options available for hiring remote teams in Armenia, partnering with a local EOR that also offers additional services of recruiting, team management, etc., is the best solution from a safety and cost-effectiveness point of view.
With a trusted local partner, you quickly overcome cultural and language barriers. You also save time and effort on legalities and paperwork, and minimise risks of non-compliance with local laws.
