Talent Wiki – Ukraine

Your quick guide on talent and labor compliance norms in Ukraine

Capital

Kyiv

Currency

Hryvnia (UAH)

Languages

Ukrainian

Payroll Frequency

Bi-weekly and Monthly

GDP per Capita

$4,830 (2022)

Employer Tax

22%

Talent Overview

Ukraine is standing in 130th freest in the 2022 index with a 54.1 freedom score. The country holds the 44th position in the Europe region for economic development. The country has developed and progressed its economy with Industrialisation.

Major economic hubs:

Kyiv (Kiev), Kharkiv (Kharkov), Dnipropetrovsk, Odesa (Odessa)

Skills in demand:

IT Engineer, Data Scientist, Chief Financial Officer

Local Universities

The top local universities in Ukraine are as follows:

National Technical University of Ukraine Kyiv Polytechnic Institute

RANKING

Local: 1

World : 1,118

Lviv Polytechnic National University

RANKING

Local: 2

World : 1,457

V. N. Karazin Kharkiv National University

RANKING

Local: 3

World : 1,840

Taras Shevchenko National University

RANKING

Local: 4

World : 1,959

Ivan Franko National University of Lviv

RANKING

Local: 5

World : 2,012

Salary Data

Average salary data in Ukraine are mentioned below:

Job Title Average Monthly Salary (UAH) Average Monthly Salary (USD)
Financial Manager 47,700 UAH 1287.01 USD
General Manager 40,700 UAH 1098.14 USD
Business Development Manager 37,600 UAH 1014.50 USD
Project Manager 29,500 UAH 795.95 USD
Financial Analyst 29,400 UAH 793.25 USD
Business Analyst 27,800 UAH 750.08 USD

Talent Sourcing Tips

Top Local Job Boards:

jobs.ua , work.ua, rabota.ua, hh.ua

Number of LinkedIn users:

4,117,000

Multiplier Recruitment Partner:

iXceed

Employing in Ukraine

In order to hire an individual from Ukraine, the employer should have information about the employment laws and regulations along with leaves, allowances, and bonuses. This section provides all the information for them.

Employee Contract

In Ukraine, the employment contract is mandatory. The employer has to provide the contract to the employee at the time of onboarding. The contract should mention all the terms and conditions with bonuses and allowances.

Probation Period

The probationary period for employees ranges from 1 – 3 months.

Public and Provincial Holidays 2024

Date Holiday Type
1 Jan New Year’s Day National Holiday
7 Jan Orthodox Christmas Day National Holiday
8 Jan Orthodox Christmas Holiday National Holiday
8 Mar Women’s Day National Holiday
1 May Labor Day National Holiday
5 May Orthodox Easter Sunday National Holiday
6 May Orthodox Easter Monday National Holiday
9 May Memorial Day National Holiday
23 Jun Orthodox Whit Sunday/Orthodox Pentecost National Holiday
24 Jun Orthodox Whit Monday/ Orthodox Pentecost National Holiday
28 Jun Constitution Day National Holiday
29 July Statehood Day National Holiday
24 Aug Independence Day National Holiday
26 Aug Independence Day (Substitute) National Holiday
14 Oct Defender’s Day National Holiday
25 Dec Catholic Christmas Day National Holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual/Earned Leave 24 days Yes
Sick Leave Up to 4 months Yes
Maternity Leave 17 weeks Yes

Payroll

Payroll Cycle

Workers are paid twice a month with an interval between payments not exceeding 16 days (advance payment and final salary payment). The bi-weekly cycle runs between the 15th and 20th of the particular month and the 31st and 7th of the following month.

Minimum Wage

Minimum wage in Ukraine is UAH 6,500.00 per month or UAH 39.26 per hour

Overtime Pay

Employees in Ukraine are paid double their hourly rate for overtime work.

Bonus

13th Month Pay:

Ukraine does not require a 13th-month bonus. However, some companies offer gratuities or performance bonuses each year.

Employee Benefits:

Some of the benefits offered to Ukrainian employees are the following:

  • Unemployment Insurance
  • Healthcare
  • Short-term and Long-term Disability Insurance
  • Pension

Taxes

Employer Payroll Tax:

Category Contributions
Social Security Contributions 22%

Employee Payroll Tax:

Category Contributions
Unemployment Fund 0.6%

Employee Income Tax:

Category Contributions
Flat rate income Tax 18%
Mandatory Military Tax 1.5%

VAT:

There are four VAT rates in Ukraine: 20%, 14%, 7%, and 0%.

Offboarding & Termination

The contract can be terminated by the employee in the following cases:

  • He may not perform his duties due to his illness.
  • He is recognized as disabled
  • If such termination is a result of the relocation of an employee, pregnancy, or medical reasons – all of which need to be supported by documents.
  • If an employer violates terms of labor

The contract can be terminated by the employer in the following cases:

  • Staff reduction
  • Liquidation of the company
  • Violation of labor agreement
  • If the sick leave of the employee exceeds a 4-month term
  • Professional or medical non-compliance of employee

The notice period for both permanent and probationary employees is 2 weeks.

The employee is entitled to one month’s pay as severance pay.

Visa and Immigration

Foreigners must have a work permit and work visa to legally work in Ukraine. The work permit will be applied for by their employer, while the work visa will be applied for by the employee. A work visa is valid only for 90 days, so employees will need to apply for a residence permit to remain in the country for a long period of time.

Streamline payroll and compliance for your international workforce

Payroll

Minimum Wage

Overtime Pay

Visa & Immigration