Top 5 IT Recruitment Agencies in Armenia

Ani Gasparyan

Last updated on July 27, 2024 | 26 min read

Eastern EuropeRanking

Armenia, strategically positioned at the crossroads of Europe and Asia, has emerged as a growing hub in the global IT landscape. Its location in the South Caucasus region makes it a gateway for business between Eastern Europe, the Middle East, and Asia. This strategic advantage has fueled Armenia’s rapid growth in the IT sector, fostering a dynamic ecosystem of startups, tech companies, and highly skilled professionals.

The Armenian IT services market is set to reach $131.30 million in 2024. Especially the IT outsourcing thrives, expected to contribute significantly with a projected volume of $43.91 million. The country has gained international recognition through significant events like the DigiTec Expo and the World Congress on Information Technology (WCIT), solidifying its reputation for technology and innovation on a global scale.

In this guide, we explore the top 5 IT recruitment agencies in Armenia. Each plays a pivotal role in connecting businesses with the right talent to drive innovation and growth in the tech sector.

1. DevsData LLC – Top Pick: Best overall
2. Meettal: Best for niche searches
3. Lundi: Best for the local market

1. DevsData LLC – Top Pick: Best overall

   

   Website: https://devsdata.com/
   Focus: IT recruitment
   Company size: ~60 employees
   Founded in: 2016

   DevsData LLC is a leading recruitment agency in Armenia that is well-known for its exceptional IT recruitment services. DevsData LLC excels in meeting the diverse hiring demands of global corporate clients and fast-growing startups from America and Israel, ensuring precise matches for their unique needs.

   Drawing on over 8 years of industry knowledge, DevsData LLC facilitates rapid recruitment processes for top-tier software developers in Armenia, often completing placements within 10 days. Their client portfolio features notable names such as Cubus, Skycatch, Varner, and Novartis.

   
   
   

   The company holds a government-approved license for recruitment services, manages a database of over 65,000 rigorously vetted professionals, and employs a dedicated team of 40 tech recruiters. Its meticulous recruitment process features a selective acceptance rate of under 6% and involves rigorous interviews, a 90-minute session with a seasoned software expert, and a challenging problem-solving assessment. A 5/5 client satisfaction rating on Clutch further emphasizes its technical proficiency and unwavering commitment to high-quality services.
   

   Do you have IT recruitment needs?

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   In a notable collaboration, DevsData LLC partnered with an advertising company to address the challenge of hiring a full-stack web developer for a six-month project. The objective was to create and optimize a landing page while implementing effective SEO strategies. This successful partnership underscored DevsData LLC’s capability to provide highly skilled professionals tailored to specific project requirements. Explore more about successful partnerships here.

   Address:
   DevsData IT Recruitment Agency Yerevan
   7 Hanrapetutyan Street,
   Yerevan, Armenia
   [email protected]Copy Email

   Learn how DevsData LLC can assist you by visiting www.devsdata.com or contacting them directly at [email protected].

2. Meettal: Best for niche searches

   

   Website: https://meettal.com/
   Focus: IT recruitment
   Company size: ~15 employees
   Founded in: 2016

   Meettal is a tech recruitment agency that emphasizes human connections rather than matching candidates with companies. Its approach starts with communication, focusing on the individuals behind the roles and the businesses. Meettal prides itself on connecting people who might never have met otherwise, resulting in collaborations that produce remarkable products.

   From the first point of contact to the hiring stage and beyond, Meettal remains a constant support for both candidates and employers. Many of their hires have become hiring managers, returning to Meettal to find new team members. Meettal’s mission goes beyond simply filling positions; it brings value to both parties and creates lasting connections that drive innovation and success.

3. Lundi: Best for the local market

   

   Website: https://www.hellolundi.com/location/armenia
   Focus: Recruitment and staffing
   Company size: ~20 employees
   Founded in: 2020

   Lundi is a distinguished recruitment agency specializing in sourcing top talent across more than 70 countries, including Armenia. Their comprehensive recruitment process ensures businesses find the perfect fit for their teams. Lundi meticulously hand-selects candidates, providing a trial period to evaluate their compatibility and performance within the organization. This tailored approach ensures that each candidate is qualified and a valuable addition to the team.

   Thanks to its efficiency and personalized service, Lundi has become a reliable choice for companies seeking IT professionals. Their expertise in the recruitment field and a deep understanding of the tech industry allow them to cater to each client’s specific needs. By focusing on creating a customized recruitment experience, Lundi helps businesses in Armenia build solid and skilled teams that drive innovation and success.

Do you have IT recruitment needs?

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Now that the top three picks have been discussed, let’s consider other recruitment agencies in Armenia that are also worth checking out.

4. Tanger: Best for outsourcing services

   

   Website: https://tanger.am/
   Focus: Recruitment and staffing
   Company size: ~5 employees
   Founded in: 2000

   Established in 2000, Tanger has become a leading force in the Armenian labor market, offering professional staffing solutions for employers and job opportunities for seekers. Tanger provides services, including employer of record (EoR) outstaffing and outsourcing, to ensure businesses find the right talent efficiently and effectively. Their comprehensive approach and dedication to client satisfaction have positioned them as a trusted partner in the industry.
   

   Do you have IT recruitment needs?

   🎧 Schedule a meeting
   
   In addition, visitors to their website can explore a full suite of services and view client lists and recommendation letters. The site also features an up-to-date list of available vacancies and insightful information for those involved in recruitment, HR, and personnel management. Tanger’s commitment to providing informative and engaging content makes its platform a go-to resource for anyone navigating the job market in Armenia.

5. Staff.am: Best for receiving job invites

   

   Website: https://staff.am/
   Focus: Recruitment website
   Company size: ~135 employees
   Founded in: 2016

   Staff.am is a unique platform designed to connect employers with talent and job seekers who are looking for ideal job opportunities in Armenia. While Staff.am is not a traditional recruitment agency, its comprehensive features and services make it an invaluable tool for employers and job seekers.

   Launched in 2016, it has quickly become the country’s fastest-growing jobs and recruitment website. Employers benefit from a vast database of potential candidates and flexible packages, while job seekers can create online CVs, apply for jobs, and receive job invites from registered employers.

   Additionally, Staff.am provides innovative solutions like StaffMedia, which shares stories and insights about employers and their working environments, fostering a deeper connection between companies and potential employees.

Practical tips when hiring in Armenia

Top tech universities in Armenia

1. Yerevan State University (YSU)
   Yerevan State University, founded in 1919, is the oldest and one of the most prestigious universities in Armenia. The Faculty of Informatics and Applied Mathematics at YSU is famous for producing top IT professionals. The university offers a range of programs in computer science, software engineering, and information technologies. YSU’s strong emphasis on research and development in tech makes it a significant contributor to Armenia’s IT sector. Yerevan State University ranks #1 in Armenia with an enrollment of 17,500 students.
2. American University of Armenia (AUA)
   The American University of Armenia, established in 1991, is known for its high education standards and strong emphasis on liberal arts and sciences. The university’s Akian College of Science and Engineering offers cutting-edge programs in computer and information science, engineering, and data science. AUA’s curriculum is designed to meet international standards, and its faculty includes experts worldwide. The university’s focus on innovation and entrepreneurship prepares students to become leaders in the tech industry. The American University of Armenia is ranked #2 in Armenia with 1,803 students.
3. National Polytechnic University of Armenia (NPUA)
   The National Polytechnic University of Armenia is another leading institution in the field of technology and engineering. Established in 1933, NPUA offers specialized IT, telecommunications, and computer engineering programs. The university’s robust curriculum and state-of-the-art facilities provide students with the skills and knowledge required to excel in the tech industry. NPUA’s collaboration with international universities and tech companies enhances the learning experience and opens global opportunities for its graduates. The National Polytechnic University is ranked #8 in Armenia. It has an enrollment of 8,500 students.

Learn more by following the link here.

Time zone difference

Understanding time zone differences is crucial for effective collaboration and communication in today’s global business environment. Here is a quick reference guide to Yerevan’s time difference with various major cities around the world:

How to call Armenia from abroad

From the US and Canada
To call Armenia from the United States or Canada, begin by dialing the international access code “011,” followed by Armenia’s country code “374.” For example, if you’re calling Yerevan, Armenia’s capital, which has the area code “10,” you would dial “011-374-10” followed by the local phone number you wish to reach.

From the UK and Australia
Calling Armenia from the United Kingdom or Australia requires dialing the international access code “00,” followed by Armenia’s country code “374.” For instance, if you’re calling Yerevan, which also has the area code “10,” you would dial “00-374-10” followed by the local phone number, ensuring all digits are included for a successful connection.

Platforms like Skype, WhatsApp, and Telegram are also widely used for messaging and communication, enabling people to stay connected across local and global networks. In Armenia, numerous businesses utilize these platforms to connect with contacts worldwide, prioritizing their accessibility and cost-effectiveness over traditional telephone services.

How to pay contractors based in Armenia

Utilizing an EoR service offers significant benefits when handling contractor payments in Armenia. DevsData LLC, Deel, Remote, Plane, and Oyster HR specialize in navigating Armenian employment laws and ensuring payments adhere to local regulations.

Wise (formerly TransferWise) and Payoneer are also highly recommended for international money transfers due to their competitive exchange rates, minimal transaction fees, and secure transaction processes. These platforms streamline administrative tasks, allowing businesses to focus on their primary operations.

Moreover, DevsData LLC provides specialized EoR services tailored for Armenia’s IT and technology sectors. Serving as an EoR, DevsData LLC manages employment compliance, payroll processing, and HR administration, enabling companies to operate in Armenia without the need to establish a local legal entity. Strict adherence to local labor regulations mitigates risks associated with international business operations.

The average salary of a software developer in Armenia

The salary of a software developer in Armenia varies based on several factors, including experience, skills, and the specific company or industry they work in. According to Glassdoor, entry-level software developers in Armenia can expect to earn around AMD 250000 to AMD 700000 (USD 650 – USD 1800) per month. As developers gain experience and specialize in sought-after technologies such as Python, Java, or JavaScript, their salaries can increase significantly.

In Armenia’s growing tech industry, mid-level software developers earn between AMD 800000 and AMD 1000000 (USD 2000 – USD 2500) monthly. Senior developers with extensive experience and expertise in leading teams or managing projects can command monthly salaries ranging from AMD 1500000 to AMD 2000000 (USD 3500 – USD 5000) or higher.

These figures reflect the competitive nature of Armenia’s tech sector, where companies often offer additional benefits such as bonuses, stock options, and professional development opportunities to attract and retain top talent in software development. For more detailed insights, explore platforms like Levels.fyi and Plane.

Tax incentives for IT companies in Armenia

Newly established IT startups in Armenia can benefit from a 0% corporate income tax rate for their first five years of operation. This approach reduces the startups’ initial financial burden, allowing them to reinvest profits into business growth and development.

Moreover, employees working in qualifying IT companies benefit from a reduced personal income tax rate of 10%, compared to the standard rate (20%). This reduction aims to attract skilled professionals to the sector and encourage the development of a robust IT workforce.

Bottom line

DevsData LLC is our top-pick IT recruitment company in Armenia. It boasts a database of over 65,000 thoroughly vetted professionals. They excel at sourcing specialists for various roles within 10 days, leveraging their deep understanding of Armenia’s tech landscape and rigorous interview processes.

Their success-based fee structure ensures alignment with clients’ goals by charging fees only for successful placements. This approach and efficient operations allow DevsData LLC to offer competitive pricing without compromising quality.

Based in Armenia, DevsData LLC offers extensive support, including EoR services. They specialize in local regulations, navigate employment laws effectively, and provide strategic HR advisory services. Whether clients are establishing a regional presence or looking for specialized recruitment, DevsData LLC’s EoR and business process outsourcing (BPO) solutions improve operational efficiency, making them a trusted partner in Armenia’s tech recruitment sector.

Address:
DevsData IT Recruitment Agency Yerevan
7 Hanrapetutyan Street,
Yerevan, Armenia
[email protected]Copy Email

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Learn how DevsData LLC can assist you by visiting www.devsdata.com or contacting them directly at [email protected].