With Russia's invasion of Ukraine, I think you'll find US High Technology Company EPAM Systems, headquartered in Newton, Pennsylvania's workforce very interesting.
From its US SEC filing, EPAM Systems' worldwide median employee pay and employee benefits was a mere $24,400 in 2020.
That median-waged employee was a full-time salaried delivery professional located in Belarus, which is effectively controlled by the Kremlin in Russia.
EPAM Systems' employee geographic mix is very interesting:
Country.....# of Delivery Personnel..% of Total Delivery Personnel
Belarus..........................9,638.........................................26.2%
Ukraine.........................9,115.........................................24.8%
Russia............................6,348.........................................17.3%
United States..............2,292...........................................6.2%
India...............................2,052...........................................5.5%
Poland...........................1,721...........................................4.7%
Hungary.......................1,534...........................................4.2%
Mexico.............................607............................................1.7%
China................................534............................................1.5%
I wonder where all of these employees are now.
That very low $24,400 median pay is extremely low as compared to what Technology workers are paid in the US, in Canada, in Western Europe, in Australia and in many other countries around the world, which averages roughly $100,000.
I hope that the Western World is opening up its arms to High Technology employees from Eastern European countries now being ravaged by Russia's invasion of Ukraine.
