Average Salary in Ukraine

Table of Contents

How much does a Ukrainian worker earn?

The average monthly salary for a Ukrainian worker is around 23,000 UAH. The salary ranges from 5,810 UAH to 102,000 UAH.

This is the typical monthly wage, which includes accommodation, transportation, and other perks as part of the package. Depending on a person’s field of work, salaries might vary greatly. For example, a software engineer in Kyiv could make 50,000 UAH per month, while a construction worker might only make 10,000 UAH.

The average salary has increased significantly over the past few years. The salary also varies depending on the city. Kyiv, the capital, has the highest average salary at 26,000 UAH. Lviv and Kharkiv are next, with an average salary of 24,000 UAH.

The lowest average salaries are in Chernivtsi and Rivne, at around 20,000 UAH. However, salaries in these cities are still higher than the national average in Ukraine.

Ukraine’s Salary Structure

The Pay Scale

The average monthly wage in Ukraine is 5,810 UAH, with the highest-paid being 102,000 UAH. The minimum wage in Ukraine is 1,600 UAH.

The highest percentage of the population earning the average wage or less are those working in the following industries: Trade and repair of motor vehicles (40%), Manufacturing (37%), Wholesale and retail trade, restaurants and hotels (36%).

The lowest-paid professions in Ukraine are Health care and social work (30%), Education (26%), Agriculture, forestry and fishing (25%).

The average monthly wage of Ukrainians increased by 13.7% in the first quarter of 2018 compared to the same period last year. The highest growth was recorded in the following sectors: Mining and quarrying (39%), Manufacturing (23%), Electricity, gas, steam and air conditioning supply (22%).

Median Earnings

With a median wage of 21,100 UAH per month, half of the population makes less than that amount, while the other half makes more. The median earnings in Ukraine are quite low when compared to other countries.

In fact, the country ranks among the lowest in terms of median earnings when compared to other countries in the world.

This is likely due to the fact that the economy of Ukraine is not as developed as other countries. Additionally, many people in Ukraine do not have formal education or training.

As a result, they are not able to get high-paying jobs. The median earnings in Ukraine are also low when compared to other countries in the region, such as Russia and Belarus.

Percentiles

People who make less than 12,100 UAH make up 25% of the population; those who make up more than 12,100 UAH make up 75% of the population. The median salary in Ukraine is 12,100 UAH. This means that half of the population earns more than 12,100 UAH, and half earns less than 12,100 UAH.

If we look at the salaries of those in the top 10%, they start at 24,200 UAH. This means that 90% of Ukrainians earn less than this amount. The highest 10% of earners make more than 24,200 UAH a month.

Is there a distinction to be made between the average and the median wages of a person?

Both of these should serve as indicators. You are doing very well if your payment is higher than both the average and the median payment for people in your situation. If your wage is less than either of theirs, you have a lot of room for improvement, since a lot of other people are earning more money than you are.

The payment that falls exactly in the center is known as the median. If one were to sort all of the wages from highest to lowest, the salary that would represent the median would be the one that appeared in the center.

The average earnings in Ukraine will be different based on gender, age, and experience.

For example, a recent study by Payscale found that men in Ukraine earn an average of 20% more than women. This gap is smaller than in many other countries, but it still exists.

Salary Comparability in Ukraine Based on Years of Experience

What is the progression of a person’s wage over time?

Experience is one of the most important factors that affect earnings. In general, the more experience you have, the higher your salary will be. However, there are other important factors to consider as well. For example, your education level and the specific industry you work in can also impact your earnings potential.

In terms of education, those who have completed higher levels of schooling tend to earn more than those who have not. This is especially true for those who have obtained a university degree.

Individuals who work in certain industries also tend to earn more than others. For instance, those who work in the financial sector typically earn higher salaries than those who work in the retail industry.

Comparison of Ukraine’s Earnings by Education

Is there a correlation between your education level and your salary?

In Ukraine, the average salary varies greatly depending on your education level. Those with a university degree earn an average of 3,600 UAH per month, while those who have completed secondary education earn an average of 2,700 UAH per month.

Ukraine workers with some college earn an average of 2,400 UAH per month, while those who have completed high school earn an average of 2,200 UAH per month.

The lowest salaries in Ukraine are earned by those who have only completed primary education, with an average salary of 1,700 UAH per month.

So if you’re looking to maximize your earnings potential in Ukraine, it’s definitely worth considering furthering your education.

Is it worth it to get MBA degree?

In Ukraine, the average MBA holder earns 5,400 UAH per month. This is significantly higher than the average salary for those with a university degree (3,600 UAH per month) or even for those with some college education (2,400 UAH per month).

So if you’re looking to earn a high salary in Ukraine, getting an MBA could be a great option for you.

Comparing Ukrainian Wages Based on Gender

On average, men in Ukraine earn 8% more than women in all industries combined. The gap is even wider in some sectors, such as information and communication technology (ICT) at 26%.

When looking at specific job positions, the gender pay gap in Ukraine is even more pronounced. For example, women in management positions earn on average 36% less than men in comparable positions. And women in senior-level jobs earn 45% less than their male counterparts.

The gender pay gap exists across all industries and sectors in Ukraine but is particularly large in some sectors. For instance, in the financial and insurance sector, women earn on average 42% less than men.

In the public administration and defence sector, the gender pay gap is 31%. And in the education sector, women earn 23% less than men.

There are a number of factors that contribute to the gender pay gap in Ukraine. One is the fact that women are more likely to work in lower-paid sectors, such as education and healthcare. They are also more likely to work part-time or on a temporary basis, which can lead to them being paid less than men for doing the same job.

Another factor is that women are often not given the same opportunities as men to progress in their careers. This can be due to gender discrimination or because they have caring responsibilities that make it difficult for them to take on extra hours or travel for work.

The gender pay gap is a complex issue with no easy solutions. However, there are some things that could be done to help reduce it.

Percentage of Ukrainians’ Annual Salary Increases

Is there a yearly increase in wages in Ukraine? How frequently do workers get rises in compensation?

Every 18 months, salaries in Ukraine are anticipated to grow by roughly 8%. This leaves some room for negotiation, however, workers in Ukraine are generally unhappy with their earnings.

Workers in Ukraine receive an average of 19 paid vacation days per year. Workers who are self-employed do not receive paid vacation days.

This salary also varies based on the city of residence. Kyiv, for example, has a much higher cost of living than other cities in Ukraine, so workers there receive higher salaries to compensate. The minimum wage in Kyiv is about 50% higher than the minimum wage in other parts of the country.

Ukraine Industrial Growth Rate

Information Technology – 3%
Banking – 4%
Tourism – 3%
Healthcare – 6%
Telecommunications – 5%
Other Services – 2%

The average salary in Ukraine will continue to grow in, with the most growth seen in the healthcare and telecommunications sectors.

Information technology workers can expect to see their salaries increase by 3%, while those in banking and tourism will see 4% and 3% increases respectively. Healthcare workers can expect to see the biggest jump in pay, with salaries increasing by 6%.

Telecommunications sector workers will see a 5% bump in their earnings. Workers in other service industries can expect to see more modest salary increases of 2%.

Ukrainian Salary Increase Rates by Experience Level

Junior workers in Ukraine earn about 3-5% and mid-level employees 5-8% more compared to last year. Experienced professionals and managers can expect their salaries to grow by 10%.

The highest-paid industries are:

IT
Business Consulting
Investment Banking
Finance
Pharmaceuticals

Rates of Bonuses and Other Incentives in Ukraine

How much money is being given out in bonuses, and how often is it being given out?

In Ukraine, the personnel that was polled revealed that 54% of them had not received any bonuses or incentives in the previous year, while 46% of them reported receiving at least one sort of monetary bonus.

Those employees who were eligible for bonuses reported receiving amounts ranging from 4-5% of their yearly income. The most common frequency of bonuses given out was semi-annually, with 42% of those polled receiving bonuses at this time. 13% said that they received bonuses annually, while 12% said that they received them quarterly.

Profit-sharing is also a popular form of bonus in Ukraine, with 22% of those polled saying that they had received this type of bonus in the previous year. Other popular types of bonuses included spot bonuses (given out at the employer’s discretion) and project-based bonuses (given out for successfully completing a specific task or goals).

When it comes to non-monetary incentives, the most popular forms are extra vacation days and flexible work hours. 36% of those polled said that they had received extra vacation days as an incentive, while 30% said that they had received flexible work hours.

Other popular non-monetary incentives include company car (20%), health insurance (18%), and stock options (16%).

Varieties of Bonuses

Individual Bonuses Determined by Work Performance

Workers who are able to demonstrate that they have gone above and beyond the expectations set for their position may be eligible for individual bonuses.

These bonuses can come in many forms, but they are typically cash payments that are given out at the discretion of a worker’s direct supervisor.

Bonuses Based on Company Performance

In addition to individual bonuses, some workers may also be eligible for company-wide bonuses. These are typically given out when a company reaches certain financial milestones or objectives.

For example, a company may give out bonuses to all of its employees if it hits its quarterly sales targets.

Bonuses Based on Achievement

Some companies also provide bonuses for employees who hit certain personal milestones. These could be things like completing a project ahead of schedule, landing a big client, or coming up with a new product idea that ends up being successful.

Bonuses for the Holidays and at the End of the Year

Many companies also give out bonuses around the holidays or at the end of the year as a way to show appreciation for their employees’ hard work.

These are typically smaller cash payments, but they can still add up over time. This kind of bonus is usually given when an employee has been with a company for a certain amount of time, such as five years.

Comparison of Bonus Payouts Across Various Professions

What characteristics of a job make it deserving of a high income, in addition to attractive bonus opportunities?

It is important to consider both the role that an individual plays in their organization, as well as the wider industry in which they are employed when examining this question.

In general, jobs that are considered to be high-paying are those which require a high level of skill and experience, and which offer opportunities for advancement. In addition, jobs that are in industries that are growing or in demand tend to be higher-paying than those in declining industries.

Some specific examples of high-paying professions include investment banking, medicine, law, and engineering. These roles typically require many years of schooling and/or experience and offer the potential for significant career advancement.

Investment bankers, for instance, may earn bonuses that are a multiple their base salary, while doctors and lawyers can command high salaries and often have the opportunity to become partners in their firms.

While there are many factors that contribute to a job’s desirability, it is clear that high incomes and attractive bonus opportunities are two key components.

Jobs that offer these opportunities tend to be highly sought-after, and those who are able to secure them can enjoy significant career success.

Comparison of Ukraine’s Bonuses Based on Seniority Level

As of late, there have been reports that the average salary in Ukraine is increasing. While this is good news, it’s important to keep in mind that bonuses vary greatly depending on seniority level.

In order to get an accurate picture of how much Ukrainians are making, let’s take a look at bonuses based on seniority level.

For entry-level positions, the average bonus is 10% of the base salary. For mid-level positions, the average bonus is 20% of the base salary. And for high-level positions, the average bonus is 30% of the base salary.

These numbers show that, while the average salary in Ukraine is on the rise, bonuses still play a big role in how much Ukrainians take home. So, if you’re looking to make more money in Ukraine, it’s important to keep this in mind.

The Average Pay for Well-Known Jobs in Ukraine

Automotive

Mechanic – 8,610 UAH
Service Advisor – 16,700 UAH

Healthcare

Nurse – 11,290 UAH
Doctor – 21,560 UAH
Physician – 24,750 UAH

IT

Software Developer – 12,430 UAH
UX Designer – 15,620 UAH
Systems Administrator – 9,850 UAH

Marketing

Content Writer – 10,670 UAH
Digital Marketer – 16,280 UAH
Sales Manager – 18,540 UAH

Retail

Store Manager – 14,450 UAH
Assistant Store Manager – 11,040 UAH
Supervisor – 9,490 UAH

Comparison of Wages from Different Cities in Ukraine

Kyiv workers earn about 25,000 UAH and up per month while workers in smaller Ukrainian cities earn an average of 15,000 UAH.

Kyiv: 25 000 UAH and more
Lviv: 20 000 UAH
Odessa: 18 000 UAH
Kharkiv: 16 000 UAH
Dnipro: 15 000 UAH
Zaporizhzhia: 13 000 UAH
Vinnytsia: 12 500 UAH
Kherson: 11 900 UAH
Mykolaiv: 11 200 UAH

Pay Per Hour on Average in Ukraine

There is a 130 UAH difference between the minimum wage and the average hourly earnings in Ukraine. The average hourly earnings in Ukraine is 10.2 UAH. The minimum wage in Ukraine is 9.1 UAH. The average monthly salary in Ukraine is 1,711 UAH.

Comparative Analysis of Wages in the Public and Private Sectors

On average, workers in Ukraine’s public sector earn 7% more than their colleagues in the country’s private sector across all sectors.

However, there are large variations across sectors and professions, with some occupations in the public sector earning significantly more than their counterparts in the private sector, while others earn much less.

For example, public sector workers in education and healthcare earn around 30% more than those in the private sector, while workers in transportation and utilities earn around 15% less.