Investment Projects, Business Armenia IT Development Team in Yerevan | Page 4

Labor market in Armenia
Currently, more than 15,000 professionals are employed in Armenian IT sector. Seven
local and international universities offer IT specialization and provide with well-educated and
high qualified workforce.
According to survey, conducted through 15 IT companies in Armenia, the following
average salaries were revealed in the market:
Position
Monthly salary
(USD)
Income tax
Net monthly
salary (USD)
Product Owner $ 2,940 28% $ 2,080
Project Manager $ 1,500 28% $1,030
Technical Team Lead $ 2,900 28% $2,000
Software Architect $ 2,900 28% $2,000
UI/UX designer $ 1,800 28% $1,250
Senior software developer $ 2,070 28% $1,450
Mid software developer $ 1,200 28% $830
Junior software developer $ 535 28% $370
QA & Tester $ 900 28% $620
Test Automation engineer $ 1,050 28% $730
JavaScript developer $ 1,200 28% $830
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