Overview
Currency
Armenian dram (AMD)
Working hours
8 hours per day
Work hours per week
40 hours per week
Payroll
Salaried Employees
Monthly
Tax Calculation for Armenia
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334

Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334

Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334

Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334

Request a detailed quotation

How it works
Onboarding Process
Onboarding in Armenia typically includes the following steps to ensure a smooth transition for new hires:
Pre-boarding
Collect necessary documents (employment contract, tax forms, social security registration).
First Day
Welcome the employee, introduce company policies, and provide necessary tools.
Training and Development
Ensure employees receive relevant training and understand compliance requirements.
Probation Check-ins
Regular feedback sessions to assess performance and cultural fit.
Pre-boarding
Pre-boarding
Pre-boarding
Key Elements of an Employment Contract in Armenia
When drafting an employment contract for employees in Armenia, the following key elements should be included:
Name, role, and job responsibilities.
Base pay, bonus structures, and additional perks.
Working hours, overtime rules, and leave entitlements.
Clear terms regarding dismissal and severance pay.
Confidentiality & Non-compete
If applicable, clauses related to trade secrets and competitive employment.
Employer’s obligations and workplace safety policies.
Name, contact information, and role of the employee.
Employee Leave Policies
Sick days
- Employers pay for sick leave from day two to day five of an illness.
- From day six onward, social insurance covers payments.
- Employees are entitled to full benefits if their absence is under 120 consecutive days or 140 total days per year.
Maternity leave
- Duration: 140 days (70 days pre-birth + 70 days post-birth).
- Extensions:
- Complications: +15 extra post-birth days.
- Multiple births: +40 extra post-birth days.
- Maternity Pay: 100% of the mother's average monthly earnings.
Paternity leave
- Fathers receive 5 days of paid leave, which must be taken within 30 days post-birth.
12 Public holidays in Armenia
6th
Armenian Christmas Holiday
7th
Armenian Christmas Holiday
8th
International Women’s Day
24th
Armenian Remembrance Day
9th
Victory and Peace Day
- 1 Jan to 4 Jan: New Year Holiday
- 6 Jan to 7 Jan: Armenian Christmas Holiday
- 28 Jan: National Army Day
- 8 Mar: International Women's Day
- 18 Apr: Easter Monday
- 24 Apr: Armenian Remembrance Day
- 1 May: Labor Day
- 9 May: Victory and Peace Day
- 28 May: 1st Republic Day
- 5 Jul: Constitution Day
- 21 Sep: Independence Day
- 31 Dec: New Year's Eve
Termination Process
Employers must provide notice
and have a valid reason for termination.
Notice Period (based on employee’s tenure)
- Under 1 year – 14 days
- 1 to 5 years – 35 days
- 5 to 10 years – 42 days
- Over 10 years – 60 days
-
Company-related terminations:
Equal to the employee's average monthly salary.
-
Employee-related terminations
(e.g., long-term disability):
- Under 12 months – 10x average daily salary
- 1 to 5 years – 25x average daily salary
- 5 to 10 years – 30x average daily salary
- 10 to 15 years – 35x average daily salary
- Over 15 years – 44x average daily salary
- Typically 3 months,
as outlined in the employment contract.
- Either party may terminate the contract during probation with
3 days’ notice.
Name, contact information, and role of the employee.
_'s Booming Remote Workforce
Challenges of Remote Hiring in _
Simplifying Remote Hiring in _ with RemotePass