Think of one place where tech is not in demand. And no, the wilderness does not count. We are not living through the 1600s. It is the year 2020, and tech is the need of this hour.
As we simply say this, global tech shortage is a real thing. No matter what industry it is, they struggle to find and hire developers for themselves. Why? Simple reason - more demand than supply. As per KPMG, nearly 65% of almost 4,000 IT leaders struggle to find software engineers in their area.
Therefore, when they cannot find the right tech talent in their area - they outsource. They have to. At this age, no matter what your industry is, if you wish to compete with the rest of the world and fulfil the needs of your customer, you must be willing to do what it takes. You must provide the technology that is the most trending. Whether it is a voice assistant or a robot feeding your dog (hypothetical of course, you’d rather robot feed your child. Dogs are love!).
Here are some facts about Ukraine
Ukraine is quite literally the business hub for many large companies when it comes to development. Ukrainian developers are referred to as “the masters of their craft” when it comes to programming and development. Do not believe us?
The giants like eBay, Apple, Nokia, Intel, and many others have their r&d centers and outsource their development work to Ukrainian developers. In fact, many US companies have been practicing this for years now. To give you a fair picture, about 80% of IT projects in the US are outsourced to Ukraine.
According to UnitCity, the Ukrainian IT industry is expected to reach a groundbreaking value of $5.4 Billion in the year 2020. The company boasts a solid of 185,000 specialists in IT. You’d have to be really silly to not hire the experts to get the work done.
There is a reason why companies like Microsoft, Hewlett-Packard, Siemens, Samsung, Huawei, and others are outsourcing to Odesa, Vinnytsia, Kharkiv, and other small cities in Ukraine. Let’s find out what those are.
Why are US companies hiring Ukrainian developers?
Needless to say, the single most important reason is, of course, the vast tech talent pool. But here are some other reasons, the US companies are hiring Ukrainian developers:
This may seem like something so small when you read it, but believe us, the demographics matter. Especially when you are looking to build an entire tech team for a project that needs them to be always on their toes, and be prepared for any challenge that comes their way. Ukraine is categorically famous for having a young workforce. Reportedly, about 63% of their workforce is between the age of 21 to 30. And only 10% is over 36 years old. If you are a feminist and believe in equality, we are happy to report that 24% of this workforce is women.
Ukrainians are generally famous for being sturdy-smart, and sort of bookworms (for the lack of a better word). They are a bunch of brilliant people who are very committed to what they do. In fact, your software development candidate is 80% likely to have a graduate degree. 56% of their tech crowd has a major in programming or STEM subjects. That is some high-quality education right there. Besides that, since they are so passionate about what they do, they are continually working on polishing their skill and developing their profile. Ukraine has the highest participants in hackathons, boot camps, and mentoring activities.
Unlike in many European countries, Ukrainian developers record upper-intermediate command on English. They are highly proficient in the most common language, which works just perfectly for American companies. Ukraine’s executive class is very fluent in English, which leaves no room for language barriers when consulting with native English-speaking people. So if you are looking to hire a senior developer, you know he/she will be able to manage your clients on your behalf.
Highly motivated and ethical
It is essential to ensure that your next tech guy is motivated and has a strong work ethic. Why? Simply because you want the best work done for your company and clients. Ukraine’s IT specialists are highly driven when it comes to their careers. They are always looking for challenges and growth in their career. In fact, this is also why you need to make sure that your developer is happy: work and salary-wise. Because for them, career progression is everything.
Happy to relocate
As per the International Organisation for Migration, about 45% of Ukrainian developers are open to relocating. And since the Ukrainian government has laws benefiting foreign countries already, immigration is not an issue at all.
These are all the top reasons why US companies are on a roll when it comes to hiring developers from Ukraine. That being said, if you are looking to outsource your work to the developers in Ukraine itself, cost-effectiveness is one of the top reasons why you should do that. While an American developer will charge you somewhere between $120 to $170 per hour, a Ukrainian software developer or engineer can be hired on an average hourly rate between $25 to $50.