A great number of talented developers and competitive labor rates are two main factors that stimulate the active development of the IT industry in the country.
For example, software developers are paid 25-40 dollars per hour, which means their average monthly salary is around 2500-4000 dollars. Specialists from Western European countries or the United States with the same level of expertise get about $100 per hour. Thus, the annual salary of a developer in Ukraine starts from $35,000, while specialists from the US work for at least $100,000 a year.
Attractive tax rate (5% of taxes) and ten bank holidays are additional benefits for the employer. Just to compare, there are many cultural groups who live in Asian countries. Each has its own traditions and holidays, and the employees may want to go there on paid vacation.
Having a good command of English is a must for Ukrainian programmers. More than 30% of developers are fluent in English, and 39% of specialists have upper-intermediate level. Besides that, Ukrainian outsourcing has adopted features of American work ethic, which makes communication easier for US customers.
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