This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.
Home to many pioneering companies such as Skype, TransferWise, Pipedrive, and Bolt, Estonia has lately been challenged by the impact of coronavirus, like the rest of the world. Let’s see what the second week of May has brought. 🌟
Before getting started, here is an overview from last week’s report ➡️ May started a bit foggy for the Estonian job market, which saw a decrease in the number of job openings twice in a row. Meanwhile, job-seekers remained active across all sectors.
Before diving into the ocean of this week’s stats, here come two friendly reminders:
👉If you’re an employer and want to hire people, you can join the Meetfrank family and contribute to increasing the number of next week’s job offerings.
👉If you’re looking for a job, ‘the’ opportunity might be waiting for you in the MeetFrank app. Download it today!
Now, let’s see what the stats from the Estonian job market show us about this week! 🔎
Job Market Overview
A week ago, we saw a 9.7% decrease in the number of active job openings as a continuing trend from the previous weeks. This week, the downward trend continues with an approximately 8% decrease.
In parallel, there has been a 13% decrease in the number of job applications in the past 7 days as well. There has also been a slight increase in the number of active job-seekers as can be seen below. 📈Given the data, the ratio of the number of job openings to the number of the active job-seekers remains similar to that of the past few weeks.
Finding a job in Estonia remains fairly challenging. Also, last week brought about another round of terminations in Estonian startups – Pipedrive and Veriff laid off parts of their team. So the market is going to get even more competitive. 😟
On the other hand, if you are working in the construction or IT & Sysadmin sectors, it will be ‘very easy’ for you to find a job in Estonia nowadays. So, now is the time to update your resume and send it out on new journeys! 🚀
Who said that salary is the most important criterion when looking for a job? It seems the job-seekers in Estonia are also challenge lovers and look forward to more growth opportunities as well as higher salaries.
We hope you got the message, dear employers. 🤓
It’s also important to keep in mind that the Estonian government has recently announced emergency economic packages for companies and specific industries. In addition to that, we’re hearing talk of normalisation more than ever. So, let’s keep our heads high and hope for the best for the rest of the month. 🙃
Weekly special chart: TOP 15 Companies with the most applications in 2020
Every week, we zoom in on a special chart and discuss it from different angles. Now, it’s the turn of the Top 15 companies with the most applications in 2020.
At first glance, it’s a pretty colourful list including sectors from ride-sharing to SaaS, food-delivery to finance, and recruitment to banking. By the way, have you seen who’s in 3rd place? 😊
Since the beginning of 2020, the top 6 companies in Estonia which have attracted the most applications have been Bolt, Testlio, (drum roll, please) MeetFrank, Scoro Software, Weekdone, andMicrosoft . 🥁 They are followed by companies in the banking, finance, software, and technology industries.
It seems mostly SaaS, software, mobile application, and tech-related companies in general have been sparking interest since the beginning of 2020. As Bolt, ranking first in the list, has recently launched its grocery delivery services in Estonia, food delivery can be accepted as a front-runner industry, in addition to ride-sharing.
The data shows that relatively young but already successful companies such as Bolt and MeetFrank (yay!) have succeeded in attracting more talent than the global giants.
While the big hitters are still the center of attention, there is a growing interest in young and fresh Estonian companies. 🎆
Weekly highlight: Marketing & PR & Media
Smart ideas, catchy taglines, flashy campaigns—this week’s highlight topic is Marketing & PR & Media😎 Let’s see what the trends have been in the last 8 weeks.
When it comes to the number of job openings, there has been a downward trend since April due to the current situation worldwide. From the chart below, we can see that the numbers haven’t changed for the last 3 weeks.
April saw the highest leap in the number of job applications. There has been an increase last week as well, which might be related to the recent layoffs in Estonia.
At present, the Marketing & PR & Media sector in Estonia is not experiencing its best days.
Out of more than 3,000 members of the talent pool in Estonia, 15.1% of them are actively seeking a job, which makes finding a job in this industry challenging. 🤔
The numbers show that high competition in the sector seems to have lowered the salary expectations of active job seekers until May. In contrast, companies increased their job offers to find the best talent until two weeks ago.
For the last 8 months, the expected and offered salaries have been involved in a complicated story. 🤔 At first, they went in different directions, met each other in January and February, and parted ways with an ever-increasing gap at the end of April. Recently, there has been a sharp fall in the offered salaries and a slight increase in the expected salaries. 🎢
It seems that the crisis is affecting expectations and offerings in different ways, leaving a question mark for whether their paths will cross again or not in the upcoming weeks. 👀
Looking for a role in Marketing & PR & Media and feeling even more motivated after hearing about the offered salaries? 😉 Here are the most recent openings in the industry:
Wondering which perks these companies offer to the lucky candidates? The Oscar goes to team events which companies in Estonia are very good at organising.
Apparently, free coffee is also a popular perk provided by employers. This makes perfect sense as they’d love to keep their teams up, fresh and alert for new ideas. ☕
👏The most popular job opening in Marketing & PR & Media has been the ‘Social Media Specialist’ role at Checkspot OÜ in the last 30 days.
Welcome to the MeetFrank family!
Let’s finish with some good news! This week, we welcomed Sharecloud OÜ, BCS Itera AS, and Reinvent Balticsto the MeetFrank family. 🎊
And here are the latest job openings from the Estonian job market. Have a look and see if any of them might be ‘the’ one!
In this weekly report, we will share the latest trends, updates and hopefully good news from the job market in Finland. You can also have a look at the Estonian and Lithuanian reports to have a better understanding of the region.
First things first; we have an announcement (or a reminder!) for all the employers. You are more than welcome to be part of our family and enjoy your free trial. Join us today!
And if you are looking for a job, log into the MeetFrank app and check out the dozens of new job offerings.
👀 Already curious? Let’s find out what has been happening in the Finnish job market lately.
Job Market Overview
Last week’s report showed that there were 12% more job openingsas compared to a month ago.
The upward trend continues this week—there has been an approximately 10% increase in the number of job openings in the Finnish market. Happy and relieved, we can now say good-bye to April and keep our expectations even higher for May. 👋
When it comes to the number of active job seekers, we see that there is a slight increase as well. Although finding a job is in the ‘OK’ level in the Finnish job market, the signs of recovery outstrips the rest, and Finland proves to be one of the most solid markets in these tough times.
The expected salaries have gone parallel with offered salaries in Finland in the last 8 months, which has been a very steady ride compared to that of most countries. Recently, there has been a 4.5% decrease in the offered salaries and a 7.4% decrease in the expected salaries. The COVID-19 seems to bring the expectations of the employers and employees closer in the Finnish market.
Now, let’s find out the changes in the average salaries in Finland.
Weekly special chart: Average salary per industry
Each week, we’ll take one special chart and further discuss it from different angles. For today, our highlight is the average salary in Finland in the last 8 months.
📈While the average offered salary in the software engineering, sales & marketing, and IT & tech project job openings is higher than at the beginning of this 8-month period, it was not a calm journey for any of them. 📈
There have been significant fluctuations in the average salary stats which shows that the market has faced many changes in demand for the last 8 months.
When we look at the chart above, what strikes us at first glance is the dramatic increase in the average salary offered in IT & tech management openings from September to November. Now, it seems to have reached a more stabilised point, which is higher than the initial value.
Let’s have a closer look at the market and see how the sales & business development industry in Finland is doing nowadays. 🔎
Weekly highlight: Sales and business development
Every week, we focus on a hiring track and see what the trends show us. In this weekly report, we will discuss sales and business development jobs in Finland.
Let’s start with the good news. This week, the Finnish job market saw a 20% increase in the number of sales & business development jobs. Given the numbers from last week’s report, it’s noticeable that Finland is steadily recovering from the recent effects of the coronavirus.
In the Finnish job market, the expected salary is higher than the offered salary by approximately 10% by today’s numbers. It’s worth noting that both of them are on decline and so is their disparity. It’s no surprise that the recent changes to the economy seem to almost close the gap in April.
Despite the increasing number of job offerings and the relatively low number of job-seekers, competition in the market seems to be high. The reason why it is challenging to find a sales and business development job nowadays in Finland may be related to the higher salary expectations.
These are some of the exciting job offerings in the Finnish market which may be worth lowering your salary expectations a bit for (just saying 😊):
Wondering which skills would make you a good candidate for these positions given the competition? Have a look at the most in demand skills in the sales & development industry in Finland in the chart below:
🏅The second place went to Fiuge Lth with its ‘Product Manager’ role.
Welcome to the MeetFrank family!
🏆 New week, new companies! Recently, we welcomed Intensive Sales Partners, ResQ Club, Saint-Gobain Finland Oy, and Tickingbot to our family. To discover their latest job offers, download our app and apply now:
What comes to mind first when we think of Lithuania is the exciting startup ecosystem, the strong business environment, and the increasing success of Lithuanian fintech companies lately.
After reading this weekly report, you’ll have a better understanding of the Lithuanian job market and the recent trends. If you’re hungry for more information, you can have a look at our recent reports on Estonia and Finland.
Here is a friendly reminder to all employers: in these uncertain times, you are more than welcome to our family and benefit from our free trial throughout the crisis. Join us here!
And you, our job-seeker friend; lots of new job offers are waiting for you in the MeetFrank app. Browse the ones in your field and make today your lucky day.
🔎Last but definitely not least, let’s dig into the Lithuanian job market.
Job Market Overview
Just like Finland, Lithuania has proved to be one of the most durable markets in these times of crisis, which you can also see in last week’s job market report.
📈In the past week, there has been a 3% increase in the number of job openings along with a 5% increase in the number of active job seekers.
The chart for the historical salaries in Lithuania reveals an outstanding fact—before the crisis, there wasn’t a significant gap between the expected and offered salaries. However, the COVID-19 created a visible disparity since February, which seems to have increased with the significant decrease in the expected salaries in the past week.
Despite the increasing number of job openings and the decrease in expected salaries, finding a job in Lithuania isn’t the easiest thing in the world nowadays.
Let’s keep our fingers crossed for the upcoming month! Keep in mind that the Lithuanian labour market has been one of the most outstanding markets in the region lately. 🤞
Weekly special chart: Average salary per industry
This week’s special chart is dedicated to the average salary by sector in Lithuania. Let’s stalk the numbers 8 months back from today and see what they tell us. 🕵
In the Lithuanian job market, all the industries finished April with higher numbers than in September 2019, except for in data analytics. But no worries, data people! The future is yours anyway. 😉
While all the industries saw ups and downs during this 8-month period, software engineering remained one of the steadiest tracks with a gargantuan increase in average salary offered of approximately 20% by the end of April. Designers and sales & marketing people followed software engineers in seeing considerable increases in offered salaries over the period.
What this means is that companies are still looking for top talent and willing to offer them competitive salaries. However, the number of job offers in the market has dropped, driving up the competition among job-seekers.
So, let’s have a look at the secret behind the average salary increase of sales professionals in Lithuania.
Weekly highlight: Sales and business development
Every week, we take one hiring track and discuss it from different aspects. Our goal is to analyse the current situation in terms of the number of active job openings and job seekers, along with the average salary offers. This week’s focus is sales & business development jobs.
Lithuania continues proving to be a strong market despite the worldwide turbulence. Need a proof? Here you go—the number of job openings in the sales & business development industry has increased by 22% in the past week.🎆
✅If you’re looking for a job in the sales and business development sector, Lithuania may be the place for you! There’s a visible difference between the average expected and offered salaries which is, in this case, favourable for job seekers.
So, dear job seekers, rethink your salary range, maybe consider increasing it a bit, and have a look at the current job offerings below:
Having an active business environment comes with some downsides. Due to the relatively high number of active job seekers and the big pool of job openings, market competitiveness is relatively high in the sales and business development sectors in Lithuania.
But the good news is it’s still at the ‘OK-easy’ level to find a job and there’s been a recent improvement in the past week. So, it might reach the 3rd or even the lovely 4th level in the chart. Who knows…
While the most in demand skills for the sales and business development jobs are English and sales management, the job market does not seem to prioritise Lithuanian for the openings. This sounds like a subtle call for global talent to us. What do you think?
🏆The favorite job offering in the sales and development industry in the past 30 days was the ‘SaaS B2B Sales Agent’ role at UAB Icona.
🏆 New week, new companies! Recently, we welcomed Brolis Sensor Technology, UAB Mano Planas, IT Skill House, Apollo Group, MyPoint.tv, and NP5 UAB to our family. To discover their latest job offers, download the MeetFrank app and apply today:
Last week, we shared the latest news and trends from the Estonian job market that showed the ups and downs in various industries due to the COVID-19 pandemic. This week, we see that there are some surprising trends in the labour market.
Recently, the situation in the Estonian job market has been like the Estonian spring—it is sunny on some days and a little bit cold on others. So, despite the recent cooling down of the market, there is definitely a positive vibe in the air. 🌞
In this weekly report, you’ll get to know what is happening in the Estonian job market in general. If you’re also interested in reports on the Lithuanian and Finnish markets, have a look at our blog where you’ll find plenty of information.
Before jumping into the pool of stats, are you an employer? These are difficult times for all, and we want to make it easier for new companies joining the MeetFrank family. Enjoy our free trial for all new employers and join us here.
Are you looking for a job? Now is time to log into the MeetFrank app and discover all the job offers currently available in your field.
🚀Ready? Let’s take an insightful tour of the Estonian job market.
Job Market Overview
Last week’s reports showed that the biggest change in the Estonian job market was a drop in the number of job openings compared to that of March.
📈And here comes the good news—there has been an approximately 5% increase in the number of job openings in Estonia since last week. 👏
Similar to that, we see a slight increase in the number of active job seekers. It may be a bit early to see these upward trends as a sign of recovery, but don’t we all know that from little things come good things?
In April, there has been a 5% increase in offered salaries and a 3.2% decrease in the expected salaries.
These changes don’t come as a surprise, considering how the current economic situation has reshaped the expectations in the business world. It seems, when the employers are ready to invest in the right talent even more, the employees are fine with earning less, as finding a job may be challenging nowadays.
Weekly special chart: Average salary per industry
Every week, we will pick one chart and discuss different aspects of it. This week, our focus is the average salary in Estonia in the last 8 months. 🕵️♀️
Coronavirus has shaken the global economy resulting in surprising consequences. While there is a decline in average salary in some industries, it has been quite the opposite for some.
In the first half of this 8-month period, there was a steady decline in the average salaries in most industries except for software engineering, IT & tech management, and sales & marketing in Estonia. While software engineering and sales & marketing salaries have fluctuated considerably, the rest do not look any more stable either.
In the past two months, there has been an increase in the average salary in all sectors except for data analytics and IT & tech project management which have seen a demand for talent in the market. The world is slowly recovering from the recent turmoil. So are the companies!
🏆The salary winners of the past 8 months: when we compare the numbers from September 2019 and April 2020, we see that there are two winners—designers and administrators & support teams. The latter shows the highest increase in average salary.
What this means is that companies are still looking for top talent and willing to offer them competitive salaries. However, the number of job offers in the market has dropped, driving up the competition among job-seekers.
So, if you’re looking for a change in your career, don’t forget to consider the ones we just mentioned above!
Weekly highlight: Sales and business development
Every week, we take one hiring track and break it down. This week’s focus is sales & business development jobs.
📉Let’s start with the number of job openings in April. Due to the current situation worldwide, it’s not surprising that the number of active job openings in sales & business development has decreased by approximately 11% in Estonia.
While some industries are recovering faster, some are a bit behind due to sectoral characteristics. Let’s keep our motivation high and see what the numbers will say in May.
When we look at the chart below, we can see that there has always been a visible disparity between the average expected and offered salary. Since February, there has been a steady decline in the average expected salary which can be easily explained by the impact of COVID-19 on the job market. 📉
On the other hand, the data from the past 6 months shows that the difference between the average expected and offered salary does not stem from the current situation but it is rather a general trend in the market.
Competition is relatively high in the sales & business development sector, given the ratio of talent to active job seekers in Estonia. So, this could explain the decline in the average expected salary—the number of job seekers is on the rise. 📈
Let’s match this top talent with the latest sales and business development job offers in Estonia:
And these are the most in demand skills that would help you get your dream job in Estonia:
🏆The favorite job offering in the sales and development industry in the past 30 days was the ‘Sales Development Representative’ role at Modash.
🏅The second place went to Scoro Software OÜ with its ‘Account Manager’ role.
Welcome to the MeetFrank family!
🏆 This week, we welcomed Paneelivabrik OÜ, AS R-Kiosk Estonia, Levstal Group, Redwall OÜ, and Levstal Group to the MeetFrank family. Below are their current job offers for enthusiastic candidates. Download the MeetFrank app, apply today, and make the next move in your career:
Given the data, the ratio of the number of job openings to the number of the active job-seekers remains similar to that of the past few weeks.
On the other hand, if you are working in the construction or IT & Sysadmin sectors, it will be ‘very easy’ for you to find a job in Estonia nowadays. So, now is the time to update your resume and send it out on new journeys! 🚀
Since the beginning of 2020, the top 6 companies in Estonia which have attracted the most applications have been Bolt, Testlio, (drum roll, please) MeetFrank, Scoro Software, Weekdone, and Microsoft . 🥁 They are followed by companies in the banking, finance, software, and technology industries. 
April saw the highest leap in the number of job applications. There has been an increase last week as well, which might be related to the recent layoffs in Estonia. 
At present, the Marketing & PR & Media sector in Estonia is not experiencing its best days. 
Out of more than 3,000 members of the talent pool in Estonia, 15.1% of them are actively seeking a job, which makes finding a job in this industry challenging. 🤔
In the first half of this 8-month period, there was a steady decline in the average salaries
