Hire in Armenia

Armenia, the country of Transcaucasia, lies just south of the great mountain range of the Caucasus and is at the front of the northwestern extremity of Asia. To the north and east, Armenia is bounded by Georgia and Azerbaijan, while its neighbors to the southeast and west are Iran and Turkey respectively. Armenia is a mountainous country characterized by a great variety of scenery and geologic instability. The average elevation is 5,900 feet (1,800 meters) above sea level. The main contributors to the economy are mining, information technology, and agriculture.

 

*Please note that the official currency is the currency of remuneration when employed through WorkMotion in Armenia.

Armenia

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A quick overview of Armenia

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Cost of living index

$$ (109 of 139 countries)

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Currency

Armenian Dram (AMD,֏)

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Payroll frequency

Monthly

Basic facts

Armenia, the country of Transcaucasia, lies just south of the great mountain range of the Caucasus and is at the front of the northwestern extremity of Asia. To the north and east, Armenia is bounded by Georgia and Azerbaijan, while its neighbors to the southeast and west are Iran and Turkey respectively. Armenia is a mountainous country characterized by a great variety of scenery and geologic instability. The average elevation is 5,900 feet (1,800 meters) above sea level. The main contributors to the economy are mining, information technology, and agriculture.

 

*Please note that the official currency is the currency of remuneration when employed through WorkMotion in Armenia.

Capital

Yerevan

Official language/s

Armenian

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Population

2.77 million (2023 est.)

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VAT - standard rate

20%

The holidays mentioned below are valid for the year 2025.

 

January 1-2New Year Holidays
January 6Armenian Orthodox Christmas Holidays
January 28National Army Day
March 8International Women’s Day
April 21Easter MondayMovable
April 24Genocide Remembrance Day
May 1Labor Day
May 9Victory & Peace Day
May 28First Republic Day
July 5Constitution Day
September 21Independence Day
December 31New Year’s Eve

The approximate time for sharing the contract with an employee in Armenia is 7 business days assuming no special requests or changes to our standard employment contract. Any such requests or changes would need to undergo internal and external review, directly leading to a time delay.

NOTE: This number is subject to change and is only an estimation of the Contract Sharing Time. The estimated Contract Sharing Time begins from the moment that WorkMotion has received all required information from both the client and the employee.

  • The employer does not pay any contributions towards Social Security.
  • Employees who work in hazardous work environments are entitled to a longer annual leave.
  • Employees who perform work in hazardous work environments are entitled to annual bonuses.

The Armenian Social Security System covers the following:

  • Old age 
  • Disability
  • Survivors’ pension
  • Cash sickness, maternity, and work injury benefits

The employer does not pay any contributions towards social security but employers are obliged to withhold the amount of social payment, as well as, submit monthly personalized reports to the tax authorities on calculated income, amounts of tax and social payments withheld for employees.

Working Hours

The standard working week in Armenia is 40 hours, composed of five eight-hour days.

 

Overtime

The maximum duration of working time, including overtime work, may not exceed 12 hours a day (including the break for rest and meals), and 48 hours per week. Overtime work, upon request of the employer, should not exceed four hours during two successive days, and 180 hours per year.

For each hour of overtime work, in addition to the hourly rate, an additional payment should be made, not less than 50% of the hourly rate. If overtime is performed during the night, the rate is not less than 30% of the hourly rate.

 

Probation Period

The duration of the probation period should not be more than three months, except for certain cases that are established in the labor legislation that can set the maximum time period of six months. 

Termination Notice Period

If the employee is not suitable for work, suffers long-term incapacity to work, or the employee attains the pensionable age, the employer may terminate an indefinite  employment contract by giving a notice period based on the following guidelines.

Employment Duration Notice Period
Up to 1 year 14 days
1-5 years 35 days
5-10 years 42 days
10-15 years 49 days
More than 15 years 60 days

 

Working Hours

The standard working week in Armenia is 40 hours, composed of five eight-hour days.

 

Overtime

The maximum duration of working time, including overtime work, may not exceed 12 hours a day (including the break for rest and meals), and 48 hours per week. Overtime work, upon request of the employer, should not exceed four hours during two successive days, and 180 hours per year.

For each hour of overtime work, in addition to the hourly rate, an additional payment should be made, not less than 50% of the hourly rate. If overtime is performed during the night, the rate is not less than 30% of the hourly rate.

 

Probation Period

The duration of the probation period should not be more than three months, except for certain cases that are established in the labor legislation that can set the maximum time period of six months. 

Termination Notice Period

If the employee is not suitable for work, suffers long-term incapacity to work, or the employee attains the pensionable age, the employer may terminate an indefinite  employment contract by giving a notice period based on the following guidelines.

Employment Duration Notice Period
Up to 1 year 14 days
1-5 years 35 days
5-10 years 42 days
10-15 years 49 days
More than 15 years 60 days

 

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The Armenian Social Security System covers the following:

  • Old age 
  • Disability
  • Survivors’ pension
  • Cash sickness, maternity, and work injury benefits

The employer does not pay any contributions towards social security but employers are obliged to withhold the amount of social payment, as well as, submit monthly personalized reports to the tax authorities on calculated income, amounts of tax and social payments withheld for employees.