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:
Our data from the recent weeks shows that the Lithuanian job market has remained strong despite the global turmoil. If that’s not a sign of a solid ecosystem, then we don’t know what is.
This is the first weekly report on the Lithuanian job market, where we dissect employment trends. We also publish similar reports on Estonia and Finland, if that strikes your fancy.
Just a quick reminder to all employers: we are welcoming new employers to the MeetFrank family and we’re even offering a free trial throughout the crisis. You can join us here.
Or maybe you’re a job-seeker? You can browse all current job offers in your specialty and country in the MeetFrank app.
⭐️So, what’s going on in the Lithuanian job market? Let’s dig in.
Job market overview
Recently, the Lithuanian job market has been outperforming all the other markets, and even its own pre-crisis numbers. This week, there are 44% more active job openings than there were a month ago. 🔥
It’s certainly a good time to be a job-seeker in Lithuania. While the number of job openings has seen fast growth, the number of job-seekers has only grown by 5% as compared to a month ago. As a result, it is quite easy to find a job in Lithuania.
However, not all specialties are created equal. For example, finding a job is very easy if you’re a software developer, but remains challenging for people in Marketing & PR.
💸The only strong downward trend can be seen in salary numbers. The average expected gross salary is down from €2,597 in February to just €2,033 in April.
Of the top hiring tracks, the decrease in average expected salaries has been the biggest among the Marketing & PR job-seekers. We’d encourage the Lithuanian Marketing & PR aficionados to keep their heads high though, as the offered salaries have not seen such a strong decrease. 🧐
See the salary trends for Marketing & PR yourself in the chart below.
Weekly special chart:
This week’s special chart is dedicated to active job offers numbers of the last 8 weeks.
As you can see, the Lithuanian employers are on a roll. Despite a short-lived slowdown in March, the general trend of growth is very evident. With the numbers of the last 3 weeks staying stable, there is reason to believe that the trend of active hiring is here to stay. 🚀
Weekly highlight: Software Development
Every week, we take a closer look at one field of work, evaluating how easy it is to find a job, what’s the situation with hiring talent, and what are the salaries like. This week’s spotlight is on software development.
📈Like the Lithuanian job market as a whole, software development is seeing a lot of hiring activity. The number of active job openings has increased in the recent weeks.
The percentage of active job seekers among software developers is a little lower than that of the entire job market. However, we have seen gradually increasing numbers of applications in recent weeks, so the job market is certainly not dormant. 🙇♂️
Due to relatively lower numbers of job-seekers and increasing numbers of active job openings, finding a job in software engineering is now very easy.
🎣 So, if you’re a software developer looking for a job, now is a good time to go fishing for some offers. Here are some recent job offers in the Lithuanian job market:
The salary trends show that while Lithuanian software developers have lowered their expectations, the employers are offering even higher salaries than before. What a time to be a software developer in Lithuania! 🤑
You can see the up-to-date data on this in the graph below.
Currently, the most popular software development job offer is that of Flutter Developer at Adroiti. It’s still open, if you’d like to see how you fare with the competition! 🏆
Welcome to the MeetFrank family!
✨Last week, PC ZONA joined the MeetFrank family. Welcome! Below are their current job offers. You can download our app to apply.
Lithuania recently celebrated its first unicorn, as the second-hand fashion market place Vinted reached the magical 1 billion valuation marklast November. This was not a fluke by any means, however, rather an event that was long overdue, as the country has become the hotbed of fintech, with global players opening their local hubs and new exciting startups popping up everywhere in the capital city Vilnius.
Looking at the job market statistics in MeetFrank and researching the local job market, here are some of the highlights we discovered:
Lithuania is experiencing an explosion of startups, as the number of companies rose by 58% last year
Tech jobs in Lithuania are among the lowest in terms of competition in Europe
As Lithuania recently announced its own E-residency programme, following in the footsteps of Estonia and just launched the Startup Employee Visa to attract highly qualified foreign talent, it would be an understatement that things are happening in the small Baltic country.
The capital city is home to the futuristic hub, co-working space and community center called Blockchain Center Vilnius (HL: https://bcgateway.eu/) and to the largest fintech conference in the Baltics FinTech Inn. In addition, Rise Vilnius, recently taken over from Barclay by Swedbank, and rebranded as Rockit has been vital in nurturing startups and fostering tech innovations in the country.
All of this has been attracting international and regional talent to Vilnius that just made the biggest leap in the world talent ranking, moving 8 positions upwards, placing 28th among 63 countries – the highest among the three Baltic countries.
Currently, the Vilnius area is home to over 21 000 ICT sector and 6000 research & development employees, while the city is one of the youngest European capitals with more than 50% of residents younger than 40 years old.
Whom are employers looking for?
Similarly to the rest of the European job market, software engineers are among the most sought-after workers at the moment, with nearly half of all the job offers. However, only 20% of the applications are made for these jobs, marking a very low level of competition.
It is completely the opposite for sales and business development and marketing & PR, the second and third in terms of the number of job offers, as both have the % of applications per job offer that is considerably higher, thus meaning a higher level of competition.
Top 6 jobs in terms of competition
The competition for top tech jobs in Lithuania is way below the European average as the ratio of applications per offers is usually twice as little. Sales & business development and (tech) project management are the most competitive with slightly over 20 candidates per job.
As with the rest of Europe, marketing & PR is also among the more competitive jobs, but the rate of competitiveness is still quite low – 15 applications in Lithuania vs 35 as the European average.
Design – the most competitive job in Europe (41 applications per offer on average) – is almost five times less competitive in Lithuania with 8.7 applications per offer, although the pay gap with the European average (€1700 gross in Lithuania vs €2346 gross in EU on average) is also large.
Software engineering, the job that is most in-demand and the most well-paid in Lithuania (as in the rest of Europe), is also the least competitive in Lithuania, with IT & system administration following close.
Salary offers for 6 most popular jobs
The average salaries in the Lithuanian tech sector are currently around 40% lower than in the EU on average, but so are the living expenses in Vilnius. Among the 6 most popular jobs, software engineering tops the list as in the rest of Europe, with an average payment offer of €2727 gross.
Jobs for sales & business development, IT & sysadmin and (tech) project management offer around €2400 gross with IT & sysadmin having the lowest pay gap with the rest of Europe – €2365 vs €2747 gross.
Creative fields – designers and marketing – are currently lowest-paid jobs here with an average salary offer around €1700 gross, but the gaps with the European average are not bigger than with tech jobs.
% of jobs supporting relocation vs job seekers interested in relocating
When it comes to relocation, the readiness of Lithuanian companies to offer relocation is almost twice as low as the EU average. For the offers of top 6 jobs, 25% offer relocation, whereas the same figure for EU average is 43. This is understandable, as the opportunities for the companies are more limited, however, all signs show that Lithuanian companies are in a growing need for tech talent from abroad, so recruiters should try to find the means to offer this option more.
It comes as no surprise that the most sought-after roles, such as software engineering and sales & business development, are the ones who offer relocation the most.
On the workers’ side, however, Lithuanians are slightly more eager to relocate as the % of users interested in relocation is 14% vs the 12% that is the EU average. Curiously enough, the differences between fields are almost non-existent, as all fall between 12% and 15%.
Top 6 countries with applications to relocate to work in Lithuania
Whether it’s the weather or its blossoming tech scene, Lithuania is currently the most popular for northern countries as Estonia, Finland and Latvia are the top three countries with applications for Lithuanian tech jobs.
Curiously enough, India ranks 5th among the countries with interest, almost tied with that of Latvia and Germany – the holder or of the 4th place.
Top skills required in tech-related roles
Currently, 15 of the 20 most sought-after skills at MeetFrank are those of software engineering, with full-stack, backend and frontend development making up the top 3. The most in-demand coding languages are currently JavaScript, HTML & CSS, React and SQL.
For sales & business development, Lithuanian companies have named English, sales management, business management, cold contacting and sales representation as the skills that they are expecting from the candidates the most, while Lithuanian language is also expected on some occasions.
Marketing & PR experts need to have good skills in content and product marketing and market strategizing.
System administration, DevOps and computer user support were the top 3 skills required from IT & sysadmin candidates.
The hottest employers in Lithuania
Based on MeetFrank data, the hottest job providers in Lithuania are the UK’s first digital banking unicorn Revolut and the first local unicorn Vinted – a digital marketplace for second-hand clothing.
Telia, one of Scandinavia’s biggest telcos that also operates in the Baltics, is on the third spot, with Treatwell, an online spa & salon booking platform and the ride-hailing giant Uber following closeby.
Other local companies at the top are the conglomerate Modus Group, active in the construction of renewable energy and the car-sharing sector (Citybee), e-commerce assistant Oberlo, the state-run airport operator Lithuanian Airports, translation agency MB Galerita and the digital product development agency Telesoftas.
Also hiring with MeetFrank is the Lithuanian tech startup Deeper, designing cutting-edge smart devices and software for various outdoor activities.
Wrapping it up
Lithuania and its capital Vilnius are an exciting option for jobs or business activities to keep an eye on, as the country is hungry for international tech talent and has established itself firmly as a regional hub for fintech enterprise.
Although the average salary offers in Lithuania are still behind the European average as with the rest of Baltic countries, the low cost of living and the vibrant, startup-friendly atmosphere in the capital city Vilnius more than make up for it.
Looking for more? Here are the tech sector job market overviews for Europe andEstonia.
The fuss of the restaurant is like the background melody that never stops. The soft clanking of cutlery, the warm buzz of conversation, champagne bottles going pop. Waiters skilfully sneak around the tables. Barista grinds and brews the best drink ever existing in the world – coffee, and the smell drifts away. Bussers hastily carry away wiped clean plates without a notice. A hostess cheers new guests and walks them to the available table with the best view. A manager lurks and passionately observes how things are going. The kitchen has its romance. The chef is polishing up his masterpiece, while cooks follow the recipes with pinpoint accuracy.
Good news. Hospitality jobs are on their way. Each one of these and many other positions will appear in the MeetFrank app. We are growing non-stop so do employment opportunities. The time has come, so please welcome a new Hospitality industry many of our users have been waiting for. Europe strongly holds its position as the top tourist destination. It means more jobs in the Hospitality industry than ever before.
Now I`ll throw some numbers that explain why MeetFrank takes this industry onboard and why you should care.
Hospitality jobs in Finland
The figures show that Hospitality is one of Finland’s most dynamic industries.
Helsinki Times reports that the turnover generated by this industry amounts to €15 billion and contributes to 2.6 % of Finland’s GDP. The revenue comes mainly from foreign visitors, the number of which keeps rising and is 8.3 million.
The number of nights spent by tourists has increased by 1.3 %, reaching an impressive figure of 6.8 million. The travel industry in Finland is steadily growing, and we see positive growth potential in the long run.
The Hospitality industry currently employs around 150,000 people but is always craving for more. The Finnish Hospitality industry is facing a major deficit of talent, and companies experience difficulties in finding employees with matching skills. It slows down the growth of the industry.
Hospitality jobs in Estonia
More than 5.2% positive change in foreign visitors arrivals shows that more tourists are coming and stay for longer.
The number of nights spent by tourists has increased by 4.4 % compared to 2018, reaching 4.9 million.
The Bank of Estonia estimates the proportion of expenses made by foreign visitors in the export of travel services to be almost 1.2 billion euros.
These numbers suggest that foreign visitors are a great opportunity for the Estonian market to boost the Hospitality Industry even more.
Hospitality jobs in Latvia
In Latvia, the hospitality industry is a fast-growing sector of the economy. Geographic location, rich cultural and historical heritage, as well as growth-oriented workforce, facilitate the growth. Those, who have been there, know what I am talking about.
In 2018 foreign travelers checked in this beautiful country 7.8 million times, which is 0.6 % more than the year before. Tourists keep spending more and more € on their trips. Last year expenditures amounted to €750 million, which is more than a year ago. In 2018, 2.81 million visitors were hosted at tourist accommodation establishments of Latvia – 9.0 % more than the year before.
The hospitality industry in Latvia is expanding quickly by opening new hotels and restaurants. Due to accelerated development, the hospitality industry provided almost 75 000 jobs and accounted for 8.5% to total employment in Latvia.
Hospitality jobs in Lithuania
2018 was the most successful year for Lithuania with regards to tourist inflow. The number reached 3.6 m tourists that visited Lithuania.
The hospitality industry has its focus on the most successful foreign markets that bring the € in. Lithuania experienced rapid growth in the number of tourists coming from Germany and Japan.
The interest of Lithuanians in their country keeps growing. The Lithuanian tourism market is divided in half. Lithuanians who traveled within the country and stayed in hotels cover 51.8% of the market, while foreigners make up the rest 48.2 % of the Lithuanian tourism market.
The successful 2019 raises great expectations for 2020. The goal in the hospitality industry will try to support and maintain the increasing inflows of tourists.
What`s in it for you?
Opportunities, of course.
The hospitality industry sustains 16,6 million jobs in Europe, which means 1 in every 13 jobs. No more numbers, I promise. The markets experience a high demand for talents due to the upward trend in the Hospitality Industry. There is a positive correlation between the inflow of tourists and the growth trend in the Hospitality industry. The more days tourists spend in the country, the more work has to be done to provide them a service. At the same time, companies are unable to find the best talent fit and need extra hands.
MeetFrank is here to ease it up with the new relocation feature that aims at filling the gap in companies when finding the best match employees. You as a skilled talent being in high demand will be able to see opportunities abroad and connect directly with companies in the Hospitality industry and not only. We believe that talent is borderless. In today’s age, it doesn’t always matter where you are based. You are free to choose your best career path based on aspirations, not location. And even better, in many cases, jobs can be completely remote.
Lithuania is committed to become a startup hub and it is taking all the right steps for it. They have one of the shortest turnaround times in the world for company registration and start ups. Lithuania has followed Estonia’s lead and offers extensive e-government services such as access to public info, filing taxes and many other business services. This is why startups in Lithuania are booming.
Thanks to the fast processing of banking licenses Lithuania has also taken the lead in FinTech.
Vilnius Tech Park is the biggest startup hub in the Baltics and Nordics. Lithuania is taking off and they have numbers to back it up – in 2018 Lithuania received 178 applications from companies through their Startup Visa program according to a press release from Startup Lithuania.
Let’s take a look at some of the coolest startups in Lithuania on MeetFrank.
Whatagraph
Whatagraph is a powerful reporting platform that makes it easy to track how digital marketing channels are performing over time. In marketing data is everything and Whatagraph integrates your analytics into a ready-made report template to simplify your daily tasks.
Whatagraph has offices in Vilnius and Klaipeda and have just under 50 people in their team. Whatagraph is all about flexible work, they do plenty of team events and as a standard… there will be coffee.
Satalia Lithuania
Satalia Lithuania build bespoke, AI-based applications that revolutionize resource planning, supply chain, sales and customer service operations. Many talk about AI but Satalia is actually doing it. They work with brands like PwC, Tesco, BBC, Three and many more.
Satalia, like many startups in Lithuania, work in distributed teams – half of the company is located in Kaunas and others working from London, Berlin and elsewhere. There’s plenty of perks to balance your stress at work like table tennis, puzzles, playstation. On top of this they provide food you can enjoy on their terrace in good weather.
Sounds like a dream, right? Check out if you match on MeetFrank.
Telesoftas
TeleSoftas is a consulting and software development service company, started in 2004 to provide high-end bespoke solutions in mobile, big data, FinTech, communications and other sectors. They’ve worked with many well known brands such as Smithsonian, BBC, Ferrari, Tele2, Viavi.
Their office is filled with open spaces with chill zones, meeting rooms, spaces for gaming exhibitionists #noshame (table tennis, table football, VR games, PlayStation and etc.), and their small guilty pleasure – massage chairs. Why not check out the perks of one of the cool startups in Lithuania on MeetFrank.
Searchnode
SearchNode builds flagship search solutions for biggest ecommerce companies around Europe. You know the search bar in an online shop? They do that. Sounds simple? Maybe it is because they’ve built it 🙂
They use Natural-Language-Processing and MachineLearning algorithms to niche eCommerce search features. SearchNode has the right technology to build a perfect search experience. With clients like Euronics, Phone House, Decathlon, Senukai and Membershop, you can bet they know their field.
Keeping the culture fun like in many startups in Lithuania, they ain’t keen on corporate policies. Rather creating a work environment, where you want to come back every morning. Sometimes they all stay late in the office and watch football together.
Deeper
Deeper is a tech company that develops smart devices for outdoor activities. Specifically fishing. If you love tech and love fishing – Deeper will hit the spot for you. Deeper’s turnover grew by over 7,000%, leading it to be named one of the fastest growing tech companies in Europe by Deloitte.
They are located in the aforementioned Vilnius Tech Park. The team has quickly grown to over 50 people and they believe in talent and sharing ideas whilst supporting one another.
DappRadar
Dappradar does what it says on the box – provides information and insights about all the existing dapps at the tap of your finger. It tracks over 2,500 dapps across seven blockchains, including Ethereum, EOS, ONT and TRON – just like a FTSE index but for Dapps.
So if you are totally into blockchain and want to help spread the info, this might be the one for you. Their office is in Kaunas and they’ve grown to nearly 50 team members. If you want to check out if this startup in Lithuania is a match for you, have a look in MeetFrank.
CGTrader
CGTrader is a leading 3D content provider globally and a trusted partner of e-commerce businesses. What does that mean exactly? It’s a 3D model marketplace for computer graphics, virtual/augmented reality/ and gaming, backed by a strong professional designer community.
Their office too is located in the bustling Vilnius Tech Park. If you are into AR and VR, check them out!
Kilo.Health
Kilo.Health is a digital health company which was founded more than 5 years ago. Their goal is to prove that being healthy can be joyful – entertaining rather than suffering. Their digital products consist of diet planners, customizable meal recipe generators, personalized exercising schedules & other exciting ideas that are still in the making.
The great thing about them is they truly practice what they preach – they make sure they give their team the tools to stay happy and healthy. You can expect things like workation in Bali, gym membership, free food, hot tub & a games zone in the office. Check them out on MeetFrank.
Web Robots
Web Robots do web crawling better. They offer data collection services. It’s unique SaaS platform allows ultra efficient targeted web crawler creation. The platform is cloud based, therefore it is highly scalable on leading cloud providers.
They’re already making revenue of over €1M annually and operate from Vilnius with a small team. Like common for startups in Lithuania, they too offer flexible hours and team events. But also company retreats to relax and bond with your team.
Debitum Network
Debitum Network is a lending ecosystem that connects small businesses, investors and service providers. The platform is decentralised as information and services are provided by independent and professional 3rd parties.
Their operational HQ is located in Vilnius city centre, Lithuania. In addition to this they already have operations in Estonia, Latvia, Lithuania, Poland, and the Czech Republic. Into Blockchain? Check out who they seek on MeetFrank.
Cujo AI
CUJO AI is the leading provider of AI-powered digital life protection solutions for telecommunications operators market. Network, mobile and public Wi-Fi operators around the world utilize the CUJO AI portfolio of products to provide their customers with a seamlessly integrated suite of value-added services.
They have offices in Vilnius, Espoo and San Francisco and already employ over 50 people. AI is no longer the future but reality. If machine learning and AI floats your boat, check them out on MeetFrank.
Omnisend
Omnisend provide messaging solutions for e-commerce clients. I must add that it is not just an email solution – they create a user experience that makes a difference. Choose between email, SMS messages, web push notifications, Facebook messenger, Viber & Whatsapp or combine them into the workflow. All conveniently packed inside one platform.
They know what companies need to market to their online store shoppers. And they have the creds to back it up – used by giants like Unilever, Fred Segal, Modkat, LifeVantage. Thei integrate with Shopify, Woocommerce, Magento and many more.
They’ve been running for a decade, have a team of just under 50 people and are based in Vilnius and London. With big clients like these Omnisend is definitely one of the startups in Lithuania to watch.
AirGuru
AirGuru thrives to be an honest flight search booking engine. Whether you are after deal for a holiday or a business trip, they’ve got you covered. To make sure that all their customers are satisfied they use innovative tools to analyse and research the global tourism market.
They are still an SME with a team under 50 people but have managed to grow their annual revenue to over 5M. Work perks wise they walk the talk offering extra holidays, team events and company retreats in addition to free coffee in the office.
PVcase
PVcase is an advanced engineering software based on the AutoCAD platform for topography based detailed PV plant designs. They’ve developed a unique tool that automates 3D terrain based solar engineering, so you not only save time, but also get much better precision. You’ve got to see this in action to appreciate it really, take a look.
They are based in Kaunas and have a brand new modern office with table football, table tennis and much more. Running since 2017 they are a small team of expert. Right time to jump in on something new. Check out if you are their perfect match on MeetFrank.
Mistertango
Mistertango is a fintech company offering dedicated IBAN accounts with more than 40 000 private and 2 000 business clients. Despite the novelty in the market of innovations, Mistertango’s services are very secure as company adheres to the same stringent requirements for service security as traditional banks.
Based in Vilnius with a team just under 50 people and revenues between 1-3M annually, there’s plenty there to do for personal growth. They are also one of the most actively recruiting companies on MeetFrank.
Interactio
Interactio is the leading mobile system that fully replaces translation equipment for live events. Forget about hardware. Get Interactio app for simultaneous interpretation, overflow audiences, poster sessions, silent conferences & more. You simply need a laptop and a smartphone (or a tablet).
Based in Vilnius, they work with companies from 38 countries and have provided solutions for the greatness of TedX for example.
Structus
STRUCTUS provides building design services to companies and public authorities in various sectors. Their mission is to perform structural design work responsibly and professionally whilst implementing unique design solutions.
Vinted
Vinted is the world’s largest second-hand style marketplace, used by more than 25 million people. Their mission is to make second-hand the first choice worldwide. 1 simple idea now unites a community of tens of tens of millions.
They operate in 9 markets: USA, France, Germany, UK, Poland, Czech Republic, Lithuania, Spain and the Netherlands and have set base in Vilnius, Berlin, Warsaw and Prague. Join the team if you too are passionate about cutting down consumption in the fashion industry.
Mio Technologies
Mio Technologies is a fast-growing tech company. They develop autonomous robots for marketing and product distribution. Mio is a perfect helper at all kinds of events: conferences, expos, concerts and festivals.
They’ve been running since 2016 and have offices in Vilnius, London and Berlin. If robots is something that sparks joy for you, check then out on MeetFrank.
Oxipit
Oxipt’s mission is to improve radiologist productivity and accuracy by applying AI to medical imaging. Building on the core expertise of the cofounders as data science professionals, they use deep learning to identify pathologies and generate reports as if written by a radiologist.
With offices located in Saulėtekio avenue, Vilnius, Lithuania. Surrounded by forested areas and university campuses, you’ll find a knowledge-hungry, but also laid-back atmosphere not only inside the office, but outside as well.
Ailana
Ailana uses high tech methods to produce, standardize, stabilize and provide new enzymes for the Food industry. Their main objective is developing classic enzymes production and offering non-GMO products to our valuable customers.
If you want to make an impact on what the world eats, they may be the one.
Monetha
At Monetha, they are believers in technology and its potential to improve millions of lives around the globe. With the help of blockchain technology, they’re building a reputation platform that will make the Internet a safer place for everyone.
Monetha is one of the success stories of the blockchain boom. They have offices in Vilnius and Zug. They raised 37M in 2017 and have built up a team just under 50 people to execute their vision.
TOKIA
TOKIA is a crypto platform where you can store, buy and sell cryptocurrencies. They offer a large amount of different payment options and a debit card to spend your crypto fast and hassle-free in the real world.
Yup, that’s right. The crypto hype isn’t going anywhere. So if you are a believer in cryptocurrencies, check them out on MeetFrank.
Oberlo
Oberlo lets you find products, add them to your Shopify store, and ship them directly to your customers. No inventory, no risk. Dropshipping is a huge industry and Oberlo just makes it easier.
Oberlo started as a small team in Vilnius almost 5 years ago and has grown to employing over 100 people. They have over 125k merchants and hundreds of millions of products have been sold.
Uber
This one does not need that much introduction, I’m sure. Uber opened its technical office in Vilnius in 2015, before even launching Uber as a service in the country. Uber is taking care of 50% of their core infrastructure by providing IT development services at their Vilnius office.
Want to make your mark at a giant like Uber? Check them out on MeetFrank!
Novum Commercium
Novocum Commercium sells and creates beautiful wooden cases for laptops under the brand WoodWe. Specifically focusing on Apple users. Love modern tech and woodwork? Then you’ve for sure got something in common with them.
They are still a small team based in Vilnius, making nearly 500 000€ per year.
Trustpilot
Trustpilot’s purpose is to make the Internet economy more trusted and transparent by helping consumers make better purchasing choices and businesses showcase and improve their service.
Established in 2017, Trustpilot’s Vilnius office has teams from two of the company’s departments: Technology and Compliance.
June by Danske Bank
June is an online investment platform which makes it easier to invest your savings. Their ambition is that investment should be for everyone. They have offices in Copenhagen and Vilnius and have grown their team to over 50 people since 2018.
Worapay
WoraPay, is the payments without the queues platform founded in 2012 and specialising in helping retailers to increase sales and profit by allowing their customers to avoid the need to queue to pay.
They are an SME with a team just under 50 people. Established in 2012, they are based in London and Vilnius.
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Jobs in Lithuania, what is the current market like? What are employers seeking? And probably most importantly, how much are they willing to pay?
Let us first have a quick look at what this wonderful country is about.
Did you know that Lithuanian is one of the oldest languages in the world today? Spoken by 3 million people globally, Lithuanian is one of the oldest Indo-European languages, that has retained archaic features otherwise found only in ancient languages such as Sanskrit.
Lithuania was the last country in Europe to be converted to Christianity and they have the oldest tree in Europe – dated to before the crusades. Furthermore, Lithuania was the first Soviet Republic to declare independence from USSR.
Easter eggs in Lithuania are not brought by the Easter bunny but Granny Velyku Bobute.
As one of the leading talent acquisition platforms in the Baltic’s, MeetFrank is uniquely placed to share some insights on the job market in this part of the world.
So, here’s some interesting findings about jobs in Lithuania.
Top 5 talent employers seek in Lithuania
The highest demand on MeetFrank in Lithuania is for software engineers with currently the highest average salary offers.This is a common trend all over the world, but specifically in Lithuania as they are strongly establishing themselves as a hub for FinTech.
The highest salaries also correlate according to the demand. Following software engineers are marketing specialists, sales & business developers, customer support and product managers. Most employers seek for senior and mid-level roles in all these fields apart from customer service.
Highest ever offer in Lithuania in 2019 however was 9000€ for a business development role.
Economy overview
Lithuania was the first country to declare independence from Soviet Union in 1990. Lithuania rapidly moved to a market economy leaving the shackles of the soviet ways behind. They’ve implemented numerous liberal reforms and have enjoyed high growth rates after joining the European Union along with the other Baltic states, leading to the notion of a Baltic Tiger.
Lithuania’s economy (GDP) grew more than 500 percent since regaining independence in 1990.
Following solid growth of 3.5% in 2018, Lithuania’s economy maintained its strong momentum in the first quarter of 2019, with real GDP growing 1.0% quarter-on-quarter and outperforming expectations. The future sure seems bright!
Lithuania has set a rather ambitious goal to become an innovation hub by 2020. To reach this, it is putting its efforts into attracting FDI to added-value sectors, especially IT services, software development, consulting, finance, and logistics. Well-known international companies such as Microsoft, IBM, Barclays, Siemens, SEB, Telia, and many more have already established a presence in Lithuania.
Currently the unemployment rate in Lithuania stands at 5.6%. During the previous economic bubble unemployment in Lithuania fell to 2.7% in 2007, this however as the world rather quickly saw was unsustainable.
According to Eurostat there are 18600 qualified and employed ICT professionals in Lithuania. Research and Higher Education Monitoring and Analysis Centre, quoted this number at 31500 in 2018. According to Statistics Lithuania 2016, there are 14500 developers.
Currently there are shortages in many jobs in Lithuania. Here are some of the most in demand professions:
ICT professionals are in high demand in Lithuania as there has been a significant increase of foreign investment into ICT, financial services and FinTech. Many big brands have set base in Lithuania due to the favourable regulations and low tax.
The demand is specifically for specialists, and although there is a higher number of students in the relevant courses it will take several years before they enter the job market. So if you are skilled in this area and looking for jobs in Lithuania, employers will be fighting over you.
On top of the IT sector employers in Lithuania are also looking for engineers, management execs, legal and social professionals. And as in many other countries, there is a shortage of talent in healthcare.
Startup ecosystem in Lithuania
Lithuania has done a lot to grow their startup scene in the last few years. Favourable government reforms and a competitive tax system is luring in companies and investors from all over. And Lithuania is pretty attractive indeed. Furthermore many companies has totally or semi-remote working structures.
Lithuania has been ranked:
7th least expensive cities in the EU (Mercer Cost of Living Index, 2018)
3rd lowest corporate tax rate in EU
2nd lowest income tax rate in EU (State Tax Inspectorate)
Lithuanian capital Vilnius is home to the biggest tech start-up hub Vilnius Tech Park. The government recently also approved the e-residency scheme for foreigners. This has been a huge success in Estonia. Setting up a business in just 1 day with a digital signature and startup visas for foreign talent are already in place.
It also ranks high at ease of doing business. Lithuania is a prime example of how you can boost your finance and startup sector with the help of the government in a very short amount of time. Lithuania we are rooting for you, well done!
People in Lithuania are positive and warm and the tech scene is booming. Why not take a look at what job offers are there in Lithuania?
What is MeetFrank Anyways?
MeetFrank is a recruitment app. Built for you, the talent first. We match you with the companies that are looking for someone with your skillset, rather than becoming just a CV in a pile of thousands.
Check what companies are out there, learn more about them and find out how much they are willing to pay you. Whether you’re looking for remote work in Estonia, relocation or a steady 9-5 in the office, have a look what’s out there!
From the other side, for our awesome recruiters – find talent that meets your exact needs and salary expectations rather than spending time on candidates who are not right for you. Jobseekers can send direct job requests through the app without there even being a job offer listed. Find the talent you didn’t even know you were looking for!
We want everyone to love their job. And this is why we do this.
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. 😉
✅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:
