Doing business with a Ukraine PEO/EOR
It is important for employers to know that the Ukrainian labor laws heavily favor the employees and places a strong focus on protecting employees on a state-level. In order for a foreign employee to be able to work in Ukraine, he or she must be issued a work permit through the country’s employment center. Work permits are typically valid for a one year period, with an option to be extended in some circumstances.
The Ukrainian Employment Center will either accept or reject a work permit application within 30 days of submission, and employers are legally required to inform the Employment center within 72 hours of an employee’s start date or date of termination.
Why Use a PEO in Ukraine?
The process of successfully obtaining work visas and expanding your business internationally with legal compliance can be both challenging and time-consuming for foreign companies looking to begin operating in Ukraine. A Ukraine PEO provider can simplify this process for your business by managing the hiring and onboarding processes, leaving your company the time and resources to focus on the core functions of your business. Local employment specialists can also help expedite office space rentals, manage employment contracts, and more, depending on the specific needs of your organization.
How to Hire in Ukraine
The process of hiring foreign employees in Ukraine includes the necessity of putting together a strong, written employment contract that specifies the details of the employee’s compensation, benefits, and termination requirements. Both the offer letter and employment contract for employees working in Ukraine should always state the salary and any additional compensation in the local Ukrainian hryvnia currency.
It’s important to keep in mind that while the country of Ukraine offers all of its residents a basic health insurance plan, it is widely considered to be of poor value, so employers will most often provide private insurance to employees.
As every culture presents different hiring challenges and opportunities, utilizing the recruitment channels with the highest potential yield is especially important for the process of hiring talented professionals in Ukraine. It can be difficult to hire foreign employees from outside of the country, because the Ukrainian government favors local employees and will make sure that there are no qualified Ukrainian candidates available before providing a foreign employee with a work visa. This is where your company can likely benefit from working with a Ukraine PEO is already well-versed in the local regulations and possesses in-country connections.
In order to successfully hire in Ukraine, it can also be helpful to work with a recruitment agency to simplify and expedite the process of hiring talented professionals in the country. On occasion, global PEO organizations will have an in-house recruitment agency that will significantly aid the process of recruiting in Ukraine. The benefits of using a recruitment agency to improve your overall hiring process include:
- Having access to local recruitment experts who are familiar with the Ukrainian market and the best hiring practices.
- Partnering with an organization that is designed to understand the specific goals of your business and that can create a recruitment search process that is designed to fulfill your exact needs.
- Being able to take advantage of the recruitment agency’s local legal expertise to ensure that your business is compliant with the local laws and regulations in regards to employment.
Additionally, when you partner with a Ukraine PEO that also offers recruitment coverage, you receive the benefit of having ongoing support that includes the hiring and onboarding processes in addition to the initial recruitment phase.
Below we have listed our recommendations for the 3 Best Ukraine PEOs and Employers of Record. These companies all possess outstanding reputations for being able to hire talented professionals in Ukraine as well as ensure full compliance with local employment regulations.
Best Ukraine PEOs and Employers of Record
Global PEO has become a growing force in the globalization industry in recent years. Based in Hong Kong, Global PEO has entities in more than 160 countries worldwide, with knowledgeable experts leading the way as part of our top PEO choice for expansion into Ukraine. Affordability is a strong selling point for businesses expanding into Ukraine, and GlobalPEO offers pricing rates that are competitive and provide a strong value to foreign companies.
In addition to recruitment and hiring services, they’re also set up to take on a variety of duties based around entity setup, staffing, payroll, and a variety of administrative functions.
SkyExecutive is a recruitment agency and Professional Employer Organization (PEO) with active operations in Ukraine. With their ability to combine recruitment and day-to-day employment solutions for companies looking to expand overseas, Sky Executive provides clients with a strong overall value and provides a single point of contact for these businesses.
In addition to their suite of expansion services, Sky Executive is also know for its deep network of local consultants based in Ukraine, with that level of local expertise being helpful for companies looking for a smooth transition into a new business environment.
Velocity Global has recently become a well-known provider of services for new international expansion projects. The United States-based globalization company provides a online Resource Center for information on foreign expansion, helpful details regarding Ukraine PEOs, and the best business practices on approaching talent acquisition overseas.
Marketing themselves as a company that can provide a fast onboarding process, Velocity Global has entities in 185 countries worldwide. Their focus on cloud-based tech is especially appealing to companies with a handful of existing foreign entities.
If you are looking to expand your business’s operations into Ukraine, GlobalizationPedia can help connect you with the best PEO available that fits your company’s objectives at a cost-effective rate. Fill out the form below and we’ll use our extensive database of strategic partnerships to provide you with a full breakdown of the best potential Ukraine PEO matches for your organization.