Ride the Tiger? The State of Estonian Job Market for Tech Roles in 2020

Ride the Tiger? The State of Estonian Job Market for Tech Roles in 2020

Having a reputation for punching above its weight when it comes to things digital and tech, the Estonian tech sector has been experiencing a solid-paced rise during the last five years.

But how does that affect the local job market?

Here are some of the takeaway facts we found out about Estonia’s job market:  

  • The country has risen to the 20th position in Europe in terms of the total investment into startups while having the second smallest population after Luxembourg
  • With its 123 million worth of investments into deep tech in 2014-2019, Estonia ranks 18th in Europe, placing it on the second place among Eastern European countries, right behind Poland that has 29 times bigger population
  • The country is strongly supporting startups, injecting nearly €200 million to boost it
  • Software engineers and IT talent are currently among the most in-demand workers with the lowest level of competition
  • Salaries of Estonia’s tech jobs are behind the European average but way above the national average

Estonia’s tech sector in numbers

Estonian job market in 2020

The tiger reference 🐯 in the title of this article is not a literary gimmick (not totally at least), as it’s referencing to the Tiger Leap project – one of the revolutionary initiatives launched by the Estonian government in 1990’s and 2000’s that paved way digital information technology. These programs played a fundamental role in the buildup of state information infrastructure and education.

It is also most likely one of the factors that have led to the considerable success of Estonia’s tech sector, that is currently growing at a fast pace and attracted a strong € 250 million worth of investments in 2019. The country is proud of its 4 unicorns, having currently more per capita than any other country in the world: Skype, Playtech, Transferwise and Bolt.

All this makes for good country promotion material, but what’s actually happening at the work market?

Top 6 jobs Estonian tech companies are hiring for

tops jobs in Estonian job market

As with the rest of Europe, software engineering job offers are currently at the top in Estonia with 49% of the job offers. The share of applications submitted for software engineering jobs is significantly lower – 37% – meaning that the applicants enjoy a low competition rate. And are in high demand!

IT & System administrators are the second-highest in need and also with a low ratio of applicant numbers. Creative fields like design and marketing & PR are among the last in the top 6, with a negative ratio of the share of applications, indicating high competition.

Competitiveness for the top 6 roles

top jobs in Estonia

Among the six jobs with the highest share of offers in MeetFrank, creative and performance-oriented fields like design, sales & business development, marketing & PR & media see the biggest competition for the job offers in Estonia.

On average 26 people apply for design job offers published in MeetFrank, which is the highest in Estonia but far behind the European average of the same field – 41. Also similarly to the European average, IT fields are lower in terms of competition as, software engineering has 10, Data & Analytics has 9 and IT & Sysadmin has 7 candidates per offer.

What are the salaries for tech jobs in the Estonian job market?

Salaries in Estonian in 2020
Although slightly behind the European average, it can be said that salaries offered in the tech sector in Estonia are relatively higher than those of the rest of the country.

Also, the payment is slightly more egalitarian in Estonia between the average payments in different fields as the tech/IT jobs are not that far ahead of the others than the European average is. IT & System administrators are the most well-paid among the most popular jobs, followed closely by project management, sales & business development and software engineering, while creative fields like design and marketing are earning about a fifth less.

As you scroll up, you will see that high demand creates high salaries: As software engineers are one of the most sought-after experts in Estonia, it also reflects in their salary level.

It’s a fairly common knowledge that Estonian tech companies are also looking towards other European markets when it comes to finding top talent.

How popular is relocation among Estonian tech companies and job-seekers?

Are companies and job-seekers open to relocating?

Estonian job market overview in 2020
It turns out workers currently based in Estonia are, on average slightly less interested in relocation than the European average. This is the case for software engineering and sales & business development job seekers. 

A curious case is IT & system administration, that has the highest % of interest for relocation (25%) while the field has the highest salaries of all top jobs in Estonia and the lowest level of competition. This is over 4 times higher than the European average (6%) for the role.

Sales & business development and data & analytics people are the most content in Estonia, with only 11% and 12%, respectively, interested in relocating.

Top 5 countries with applications to relocate to work in Estonia

relocation jobs in Estonia

We know that around 25% of Estonian job-seekers are open to relocation.

But what about the other way around? Do people from other countries want to relocate to Estonia? The job-seekers in the MeetFrank platform seem to be willing enough.

Although Lithuania has an emerging tech scene of its own and the average payment is close to Estonia, it is surprisingly the country with the highest rate of readiness to relocate to Estonia. That is most likely due to geographic proximity.

Estonia’s northern neighbor Finland follows second and Ukraine, currently the country with the biggest migration to Estonia in general, comes third.

 

Top skills required in tech-related roles

top job skills needed in Estonia

Let’s take a look at which skills make you most likely to get hired in the Estonian job market. At least in the MeetFrank app!

With software engineering being the most in-demand profession at the moment it shouldn’t come as too big a surprise that the top sought-after skills are regarding that field. Full-stack, backend and frontend development and most common development languages HTML & CSS, SQL and Javascript are what’s expected of engineers these days.

Business development, project management, sales management, English and also Estonian are expected from sales & business development managers, while English is also the highest sought-after skill for customer support.

IT & Sysadmin candidates are currently most valued for their system administration and DevOps skills, while content marketing is the top skill expected from marketing & PR candidates. The most in-demand skill for designers is UI & visual design.

Top 10 Estonian companies, voted by job-seekers

TOP Estonian tech companies

In the MeetFrank app, the most applied-to companies are the tech unicorns.

Out of the four unicorns ever be been nurtured in Estonia, two are hiring at MeetFrank being they are the country’s most popular companies. These are the low-cost money transfer service Transferwise and the ride-hailing platform Bolt (formerly known as Taxify).

The third is the mobile banking app Monese and fourth Veriff, offering safer face recognition service – one of the features that are vital for Estonia’s E-Residency project. Starship, founded by Ahti Heinla (one of the founders of the mythical Skype) is now working on packaging robots with Starship that is also currently hiring across people in Estonia and several locations in the US.

MeetFrank is also regularly used by non-startups and /-tech companies, as indicated by the presence of two Swedish companies: the packaging, biomaterials, wooden constructions, and paper production giant Stora Enso and commercial bank SEB.

In a nut-shell

Estonia’s tech labour market, although comparatively small, is experiencing fast growth and offers a bunch of interesting companies to work for.

Several of them have recently grown to become international success stories such as Transferwise and Bolt, with many others boasting the potential to become the country’s next unicorns. 

The average payment in the tech sector is slightly below the European average, but so are the prices in the country’s capital Tallinn, where most of the companies are hiring. The city embraces several tech hubs, a thriving startup community, having made it to the league of Europe’s top cities in terms of tech development and financing.

Want more? Read a similar overview of the European tech job marketing in 2020.

Tele2

Tele2

Tele2 is a challenging company to work for. To us, good enough isn’t good enough. We want things to be great. We work harder than most to create value for our customers. At Tele2 you must be able to deliver even when the boat is rocking, because it will.

Our industry and our customers’ demands change constantly. That’s why we need people who challenge outdated mindsets and who rewrite the rules. People who think fast and move fast. Who take bold initiatives and never hesitate to challenge persons with longer titles on their business cards.

This is the kind of people we need to maintain the edge that comes from our founder Jan Stenbeck.

The reward? To people like us, taking on a challenge is rewarding in itself. But of course we also notice and compensate results. We salute and celebrate victories. And we often play as hard as we work. But still, we like to go home to our families. We also find it rewarding to operate in some of the world’s most dynamic and fast-growing markets.

https://www.tele2.ee

Guardtime

Guardtime

Guardtime’s mission is to build the essential backbone for truth, assurance and integrity for our digital world.

Guardtime is the first and only real-time integrity platform for data, systems and networks. Every aspect of society today depends on data, from business and transportation to government and education, yet we have no way of assuring its integrity. Today’s perimeter-based attempts to protect data and systems are failing, and it’s just the tip of the iceberg.

 

Office locations*

Tallinn, Tallinna linn, Estonia
Lausanne, Switzerland
Tartu, Tartu linn, Estonia
Irvine, CA, United States
Amsterdam, Netherlands
Guildford, United Kingdom
Singapore

Cash On Go

Cash On Go

Cash On Go is a fintech company aiming to be the initiator in the modern financial world.

Their mission is to provide UK customers easy to use financial services that help them through their real life unexpected situations and cash management needs.

Their vision is to be leading and profitable in loan offering without compromising our core values.

They have two offices: one in London, and another in Tallinn. Their a team of more than 60 passionate and hard-working professionals is always looking for new talented colleagues to join us in this fast evolving business.

The work environment is caring and they have very transparent management. Cash On Go also feel the productivity burst and confidence upgrade derived from the culture of no-micromanagement and high-output performance.

With them you can be part of a multicultural company that shares the mindset of united goals and growth. Together they feel the joy and get satisfaction from overcoming challenges.

www.cashongo.co.uk

aTalent Recruiting

aTalent Recruiting

aTalent Recruiting is a recruitment agency that specializes in recruiting highly educated young talents and future leaders.

They believe in the young generation, and in the companies that share this belief with us!

Their goal is to become the number one platform for young people to find career-relevant job opportunities in Estonia. Through their networks, they have a competitive advantage in finding the right talent for our customers. aTalent co-operates with student organizations in order to maintain close relationships with the best talents. They aim to create value for our customers and candidates through best service on the market.

Their expertise:
– Recruitment services
– Headhunting
– Employer Branding

www.atalent.ee

 

 

Admiral Markets Group

Admiral Markets Group

Being a global and client-oriented company, Admiral Markets’ mission is to be a global leader in providing comfortable access to every type of financial instrument, while empowering clients with relevant education, competitive trading terms, an engaging community and prompt customer support.

Since its foundation in 2001, Admiral Markets has continually expanded its reach and today has a staff of over 200, located in 16 offices worldwide, making it a truly global organization.

 

Office locations*

Tallinn, Tallinna linn, Estonia
London, United Kingdom
Berlin, Germany
Madrid, Spain
Sofía, Bulgaria
Bucharest, Romania
Warsaw, Poland