Armenia, one of the world's oldest countries, boasts a workforce educated in technology design, system analysis, and complex problem-solving. Natives are generally described as kind, welcoming, and proud of their deep cultural history.
Slightly larger than Maryland (118%), Armenia is the smallest country in Asia.
Armenia is a landlocked country in the Southern Caucasus Mountains and adjacent to plains northeast of the Armenian Highlands. The climate is defined by cold winters and hot, dry summers.
The people are friendly, sympathetic, and respectful. Strong family values place children at the center of the home. Armenian culture resembles the concept of the Silk Road because distinct customs and unique art forms come from centuries of Western and Oriental civilizations blending.
Today's industrial-agrarian Armenia prioritizes small-scale agricultural production followed by industrial production, construction, trade, and transport. Primary exports are metals, diamonds, energy, beverages, vegetables, and fruit. Foreign trade soared by 47.7% January-July, 2022, according to the National Statistical Committee (NSC).
The World Bank classifies Armenia as an upper-middle-income economy with the following trade agreements and alliances:
Trade Agreements
Full-time
Contractor
Mandatory information for employment contracts include:
Three months
Monthly
USD equivalent median salaries based on Role:
No cost
Health Insurance
Paid leave
Maternity
Paternity
Vacation/PTO days
Sick Days
Additional Leave
Additional Benefits
Holidays
Armenia celebrates 10 national (public) holidays and multiple observances a year.
The most important fixed date holidays are:
Termination Process depends on the type of contract, the job role, the region, and the reason for termination
Notice Period
Less than12 months = 14 days
One to five years = 35 days
Five to 10 years = 42 days
More than 10 years = 60 days
Severance Pay
Less than12 months = 10x average salary
One to five years = 25x average salary
Five to 10 years = 30x average salary
10 to 15 years = 35x average salary
More than 15 years = 44x average salary
