Estonian Job Market in August 2020 – What to Expect?

Estonian Job Market in August 2020 – What to Expect?

This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.

July has brought lots of news to Estonia. Where to start? The country has partially re-opened borders with certain countries—attention please, if you are planning to start a career in Estonia! 🤩 

Given that TransferWise is now valued at $5 billion by private investors, this country’s the hotbed of unicorns. 🦄

The long-awaited Digital Nomad Visa applications also started on August 1. If you are a remote worker, have a look at the remote opportunities in our blog post. 🖥

In this article, we’ll delve into the the job market overview and discuss the average salaries, job openings, and more. 🎆

Actively looking for a job? If so, you’ll enjoy the section on the top 10 companies with the most openings

By having a look at the top 6 specialties with the most applications in July, you can also have a better understanding of which areas have been standing out in the Estonian job market lately.

If ready, let’s dive into the ocean of stats! 🏊

 

Job Market Overview

Let’s start with good news! The first week of August saw a long-awaited increase in the number of job openings. 

active job openings in Estonia in August

The number of job applications seem to have doubled up! Lately, the data for openings and applications are going hand in hand in Estonia.

job applications in Estonia in August

So, how has market competitiveness changed when compared to July? In our previous article, we had shared that the Estonian job market was challenging. Well, it seems August doesn’t have anything different to bring for now.  competitiveness in Estonia in August

While Data & Analytics professionals will find it easier to find a role, software engineers may be surprised by the fact that it has become a tad difficult even for them to find a job nowadays. 🤷

Why is it like that? It may be that the slow economic recovery combined with the summer sun is making it a bit challenging for job seekers to find their dream job. 🌞

Wondering how the situation is in the average salary world?

average salaries in Estonia in August
Recently, there has been a growing disparity between the average offered and expected salaries in the Estonian job market. 🤔

💰 Companies are ready to pay more for the best talent and apparently, job seekers are keeping their expectations much lower. 

Now, let’s head to the next section and see which industries were popular in July. 🏆

 

Top 6 specialties with the most applications in July

Which industries did job seekers prefer last month?

top specialties with most applications in Estonia

Software Engineering, Sales & Business Development, and Marketing & PR & Media make up the top 3 of the top specialties with the most applications list. 

Remember from the previous section that it’s been challenging for software engineers to find a job lately? The more applications Software Engineering attracts, the more challenging it becomes for job seekers to find ‘the’ job.

It’s a no brainer that Estonia attracts lots of bright software engineers, as the country is a world leader for IT skills.

So, which industry couldn’t make it to the list this time? The answer is (Tech) Project Management which ranked in 7th place.

With that being said, we should also add that there was a slight difference between the number of applications for IT & Sysadmin and (Tech) Project Management.

 

Top 10 companies with the most replies to applicants in July

We all know how frustrating it is when you apply for a job and then wait for a response for months. Thankfully, some companies are very diligent from the beginning to the very end of the process, even when they reject a job candidate.

Let’s meet the kindest companies in the Estonian job market. 

companies with the most openings in Estonia

The Oscar goes to Parim, a leading professional staff management solution used by more than 100,000+ users every day. 🏆 So, if you have ever applied for one of their openings, the chances are you received a response. 

The 2nd kindest company is Bolt, a ride-hailing service provider and the 3rd fastest-growing company in Europe. Can we say that strong human relations go hand in hand with success? In their case, we definitely can! 👏

Kühne + Nagel Estonia, a leading transportation and logistics company, celebrates 3rd place. If you are looking for an opportunity in this industry, Kühne + Nagel Estonia might be your dream company. 💭

👉The rest of the list goes like this: MindTitan, Paxful, MeetFrank (yay!), 99Math OÜ, Glia, Scoro Software OÜ, and Singleton

The champion industries are Software Development, SaaS, Finance, and Recruitment

So, do the results align with the number of job openings in July?

 

Companies with the most openings in July

Which companies offered the most opportunities for job seekers in the month of July? Here is the answer. 👇

top 10 Estonian companies with the most openings

👉 Bolt has acquired the title of “the most active company when it comes to the number of job openings” in July. 

If you’re looking for a role from Marketing to Development, download the MeetFrank app and have a look at their openings today. 🤓

👉 Kühne + Nagel Estonia and Nortal are in joint 2nd place with exactly the same number of openings. Nortal is a multinational strategic change and technology company headquartered in Tallinn, Estonia, with operations in Europe, the Middle East and Africa.

So, if you’re a fan of corporate companies, now you know where to look for your dream role.

The whole list tells us that the most active industries so far have been Finance, Software, and Ride-hailing

Are you actively looking for a job? If yes, check the job openings at these companies as there are lots of opportunities waiting for you. 💪

 

Welcome to the MeetFrank family!

Welcome our new members: Investly, AS BMGS Eesti filiaal, WiseDrive, and Insplay! 

 

Estonian Job Market in July 2020: What’s new?

Estonian Job Market in July 2020: What’s new?

This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.

June brought an abundance of news in Estonia: the loosening of restrictions, the opening of the borders, and the announcement of the new digital nomad visa. 🔊

Wondering how the Estonian Job Market has been doing before we get to July’s news? Let’s rewind to June and refresh our memories first:

✅ There was a slight increase in the number of job applications.

✅ In general, there wasn’t a significant change in market competitiveness. However, the ease of finding a job varied per industry. 

We’ll see what July will bring and how things’ll be for companies and job seekers. We hope for more opportunities and signs of getting back to a better normal. 😊

Now, get ready to delve into the most current stats! 🚀

Job Market Overview: July vs June 

In our latest report, we had shared that there wasn’t a significant change when it came to market competitiveness and the number of job applications. 

So, what’s the news as of today?

number of active job seekers in Estonia

The first week of July saw a very slight increase in the number of active job seekers. As of today, there was no difference at all! There might be several reasons for that. 

The fallout of the coronavirus is affecting both job seekers and companies. It’s also common to have less openings and less applications during the summer. 🌞

Estonia market competitiveness

At the end of the first week of July, we can see a slight change in market competitiveness. It’s still challenging to find a job in Estonia. 📈 

Is it the same for Marketing, Engineering or Sales people? Well, not really. 

While IT & Sysadmin specialists have more opportunities in the Estonian job market nowadays, it’s sadly difficult for people in the Design industry. 

We’ll share a more detailed analysis on this topic in our report. Coming soon! 😉

Salaries in Top 6 Specialties

Finding a job may still be a bit challenging in Estonia, but it seems employers are currently willing to pay more, compared to May. 💰

By the first week of July, it seems the upward trend in the average gross salaries is set to continue. 📈

average gross salary in May vs June in Estonia

  Let’s recap the 3 main points from the stats:

The average gross salaries in Software Engineering, Sales & Business Development, IT & Sysadmin, Marketing & PR & Media industries have increased

✅ The only industry that couldn’t manage to increase salaries has been Finance. 🤔

IT & Sysadmin saw the highest increase with 381EUR. 🤑

What about the expected salaries? Let’s see if the expectations of job seekers and companies align with each other. 👀

Average expected salary in Estonia, May vs June
✅In parallel to the average offered salaries, the expected salaries have also increased. 💰

✅ The highest increase has been in the Sales & Business Development industry. 

✅It seems Finance people have been more cautious, as there has been a tiny increase in their expectations of only 2.7%

Overall, the average offered and expected salaries have both increased. It’s a good sign that nowadays job seekers and companies are more or less on the same page. 🤝

Competition in Top 6 Specialties

In this section, we’ll elaborate on market competitiveness in the Estonian job market, which we briefly mentioned in the Job Overview part. 

The ease of finding a job remained at the same level for most industries in May. So, what about now?

Market competitiveness in Estonia, May vs June

Finding a job has become more challenging in Estonia since May, except for in the Finance industry. 🕵

If you’re a finance expert, the chances are you will have more opportunities compared to professionals working in other sectors. 🍀

While there is a slight increase in the market competitiveness of the Sales and Business Development and Software Engineering industries, things seem to have become more challenging for Marketing & PR & Media professionals

(Tech) Project Management also saw a sharp drop in the number of opportunities. Hopefully, next month will make it easier for job seekers in all industries to find their dream job. 🙏

TOP 10 Companies with the Most Applications in June 2020

Wondering which companies attracted the most talent in June 2020? Here you go! 👇

Top Estonian 10 companies with the most applications in June

🔊 As of today, the first place goes to Bolt, a ride-hailing service provider and the 3rd fastest growing company in Europe. 

If you’re interested in being part of this thrilling company, have a look at our recent interview with Nikolai Kabatsikov, Head of Talent at Bolt and get some tips for the application process. 😉

In second place, we see ONLINE ONLY, which offers digital marketing solutions for SaaS business. It’s followed by Viveo, a healthcare app for individuals and companies. It’s no surprise that the healthcare sector has become more popular in these times. 😷

Look who’s in fourth place? 🥁 (Drum roll please) MeetFrank! It’s great to be one of the companies with the top number of applications. 

The list continues with companies operating in Finance, Software, SaaS, Transportation, and Logistics. These are the industries managing to attract the most talent nowadays. 

Download the MeetFrank app now and see their latest openings! 

Welcome to the MeetFrank family!

🎆Recently, we welcomed Xfly, a leading long-term strategic capacity prodiver for commercial airlines in Europe. Get your resumes ready if you’re working in this industry:  Xfly is looking for a Business Controller. 📝

To see more openings, download the MeetFrank app today! 

Recovery Outlook in Estonian Job Market, June 2020

Recovery Outlook in Estonian Job Market, June 2020

This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.

Estonia’s economy is opening up like the doors in the recent VisitTallinn ad

As of June 1, indoor events of 100+ people are allowed, and citizens of 16+ countries are allowed to enter Estonia without quarantine. 🛳

visittallinn

“Tallinn is opening!”, an ad by VisitTallinn Image source

And we’re happy to share that this week, Estonia had its first day with no positive cases of COVID19 in nearly three months. 🙏

Now, what about the labor market? In this article, we’re giving you an overview of Estonia’s job market recovery outlook.

🦅 The bird’s-eye view of the Estonian job market is not too shabby. Here are the key takeaways from the recovery outlook:

  • Average gross salaries have grown to a six-month high. 🤑
  • The number of job offers is in a declining trend. 📉
  • 3 Estonian startups attracted the most applicants in May. 👨‍💻

Hungry for more details? Let’s dig deeper and review how the Estonian job market is doing. 🕵

Job market overview: May vs June

The biggest trend of the last few months continues: there has been a clear decline in the number of active job offers in the past month. 

In Estonia, the number of active job offers is down by almost 20% compared to a month ago. 📉

active job openings in Estonia

When we look at job seekers though, we see that the number of active job seekers is up by about 5% in the past month.

These key indicators paint a pretty straightforward picture of the recovery outlook. Employers are being cautious while an increasing number of job-seekers are looking for new opportunities

As a whole, the market competitiveness has remained on more or less the same level in recent months. 

Recovery Outlook in Estonian Job Market

Salaries in TOP 6 specialties

What about money? 💰 It looks like Estonian employers are happy to be hiring less, but offer higher salaries than before for the roles they do hire for. 

The average gross salary offered in the Estonian job market is now €2,869, which is higher than at any point in the last 6 month

Let’s take a closer look at the changes in salaries by specialty. First off, we see that based on May and April data, average offered salaries are up in nearly all specialties. The only exception being marketing & PR & media, where the average offered salary dropped by about 700EUR. 💸

average gross salaries Estonia

Job-seekers’ expected salaries are also on a recovery trend. However, the expectations are still about 300EUR lower than they were in the beginning of the year for the market as a whole. The current average expected salary is €2,240.

Note that expected salaries have not gone up in all specialties. Job-seekers in software engineering, finance, marketing & PR & media and (tech) project management have raised their average expected salaries by about 100EUR each. 📈

At the same time, job-seekers in sales & business development and IT & sysadmin have lowered their expectations by 100EUR. 📉

expected salaries Estonia

Competition in TOP 6 specialties

The job market competitiveness in Estonia as a whole has remained quite stable over the past few months. However, we do see small fluctuations in the ease of finding a job per specialty. 

For example, finding a job in software engineering, IT & sysadmin, marketing & PR & media and (tech) project management is now easier than before. 👨‍💻

At the same time, job-seekers in sales & business development and finance may now find it more difficult to find a job than before. 💼

job market competitiveness Estonia

TOP 10 Companies with the most applications in May 2020

Next, let’s take a look at which companies scored the most applicants in Estonia in May 2020. 🏃‍♀️

top employers in estonia

In the first place, we see our beloved unicorn Bolt. 🦄 Needless to say, Bolt is a true rockstar. Just about a week ago they announced a new funding round, having raised €100 million from Naya Capital. Yes, during a time of global turmoil. We’ll likely see Bolt in our top lists again.

In second and third place, we see a few other Estonian startups: Yaga, an online platform for second-hand clothes, and Scoro, a business management software. 👏

The rest of the top 10 tells a pretty convincing story of the fields that had exciting work to offer in May 2020. For example, eCommerce is certainly booming right now: 3 companies in the top 10 offer services or tools to eCommerce (Katana MRP, Inbank, Outvio). 

We also see 2 agencies that specialize in building digital products in the top 10: Nortal and Cyberland. The remaining two of the top 10 companies are perhaps also telling of the times: Invent Baltics, a consultancy helping technology firms and R&D organizations secure EU funding, and 99math, a multiplayer math game. 🎮

Welcome to the MeetFrank family! 

Hello, newcomers! In the past week Orien Trade, ChallengeMe and Pet Retail joined the MeetFrank family. 🥳 See if any of their recent job offers strike your fancy:

Recent News on the Estonian Job Market

Recent News on the Estonian Job Market

This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.

It has been 10 days since the emergency situation officially ended in Estonia. Even the border restrictions have been eased with Latvia, Lithuania, and Finland, which is a sign of slow yet very promising recovery. 😊

Another big news this week is that the ride-hailing company Bolt raised a funding round of €100M. (They’re also hiring with MeetFrank!)

The recent news on loosening restrictions seems to have had a positive effect on the Estonian job market, as we saw some newfound stability in the numbers of openings and job seekers last week. 

Want to learn more about the last week’s stats? Have a look at our previous report here. 👀

Let’s dig into this week’s numbers and find out how the Estonian job market is currently doing. 🕵

Job Market Overview

Last week, the current number of job openings was about the same as it was two weeks ago. 

This week saw a sharp fall in the number of job openings by 23%. In parallel, the number of job applications fell by approximately 50%. 📉 

Lately, out of approximately 29,000 people in Estonia’s talent pool, just over 12% of them are actively looking for a job. It has not changed that much since last week. talent and job seekers in EstoniaWhen it comes to historical salaries, an upward trend continues for both expected and offered salaries. We’ll see if the gap between them increases in the upcoming weeks. 👀historical salaries in Estonia

Market competitiveness remained the same as last week staying at the ‘almost-OK’ level for finding a job in Estonia.

ease of finding a job in Estonia

Guess which industry is luckiest nowadays? The answer is the ‘IT & Sysadmin’ sector which reached the 4.5 point, meaning that it is almost ‘very easy’ to find a job in this industry.

Weekly special chart: Expected vs offered salaries across top specialties

The ongoing crisis has changed the demand for various industries in different ways all over the world. To have a closer look at this matter, we will compare the expected and offered salaries across the top 8 specialties globally and in Estonia in the past 30 days. 

Overall, out of these 8 specialties in the Estonian job market, the salary offerings of 5 industries have been higher than the expectations of job seekers. 💶expected vs offered salaries in Estonia

Here are the main takeaways from the stats👇

✅We see the biggest difference between expected and offered salaries in the Data & Analytics sector in the Estonian job market. The salaries offered are considerably higher than expected! 🥳

✅In addition to the Data & Analytics candidates, job seekers looking for opportunities in the IT & Sysadmin, Finance, Customer Support, and especially Software Engineering industries should raise their salary expectations too. Companies are offering higher salaries than you think! 😉

✅While there’s only a small difference between expected and offered salaries in (Tech) Project Management, Marketing & PR & Media and Sales & Business Development candidates may need to lower their expectations a bit more. 

This also goes in parallel with the market competitiveness which is relatively higher in these sectors compared to others.

Globally speaking, 6 industries out of these 8 are offering higher salaries than expected even in these challenging times. 🎊offered and expected salaries globally👉Global trends are in line with those of Estonia when it comes to the Software Engineering industry. Expected salaries are higher than offered salaries.

👉As opposed to Estonia, companies looking for Marketing & PR & Media, (Tech) Project Management and Sales & Business Development are ready to pay more for talent. 

In general, the salaries in Estonia seem to be lower in both expected and offered salaries than the global average.

Weekly highlight: Customer Support

Knowledge, communication, and patience—this week, we’re focusing on Customer Support. 😎

Let’s see what the trends have been in the last 9 months. 

March was the most active month in terms of job openings. May saw the lowest number of openings so far, but many things can change before the end of the month. 🤞job openings in CS in EstoniaThe number of job applications have been fluctuating in parallel with that of job openings in the last 9 months. 

applications in CS in Estonia

However, job seekers in need of a Customer Support role significantly outnumber the demand in the Estonian job market. This may also be related to the recent layoffs in the industry. 

The talent pool in Estonia contains over 2,000 people, and more than 20% of them are actively looking for a job. talent, job seekers, companies in CS in EstoniaGiven this high ratio, it is no surprise that finding a job in the industry is difficult nowadays. 🤐

ease of finding a job in CS in Estonia

So, what about the salaries? How has this competitive job environment affected expected and offered salaries?historical salaries in CS in EstoniaSince February, there has been a growing gap between offered and expected salaries which might be considered as one of the inevitable results of COVID-19. 😷

At a time when we can mostly get support via email or phone, customer support has gained even more importance. So, as of May,  companies seem to be ready to pay even more to find the best talent. 💰

Interested in a Customer Support role in Estonia? Here are the most recent openings for you:

When we look at the skills in demand, we see that English and (surprise surprise) customer service & support beat Estonian. So, you can still have a chance to build a career in the Estonian job market, even if you can’t speak the language. 💪in demand skills for CS in Estonia

But we suggest you give it a try, not only because this would increase your chance of finding a job, but also because it sounds so harmonical. 🎶

👏Here comes the ‘congrats’ part. The most popular job opening in Customer Support is the ‘Customer Happiness Specialist’ role at Yaga!

Welcome to the MeetFrank family! 

Adovinci OÜ, Balti Spoon OÜ, OÜ Hendrikson&Ko, SV Trading OÜ, SMARTFUL Growth OÜ, Infogrid, Exove, Startup Estonia, Greip Agentuur, Eesti Hoiuraamatukogu, and Sentinel welcome to the MeetFrank family.🎊 

Find the latest job openings from our new members below. Today might be the day you find your dream job! 👇

 

 

Estonian Job Market Report, May 20, 2020

Estonian Job Market Report, May 20, 2020

This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.

It has now been a few days since the emergency situation in Estonia officially ended. Many companies continue to encourage working from home, while others are slowly returning to offices to see if they can still recognize their colleagues. 😬

We hope you do recognize your team members whenever you see them again. 

But if instead you find yourself thinking “This is not my beautiful desk. This is not my beautiful team. How did I get here?” (to the tune of “Once In A Lifetime”), then it may be time to take a closer look at what’s going on in the Estonian job market. 👀

This week, we see some newfound stability in the job market as the numbers of openings and job seekers remain on last week’s levels.

In case you missed it, you can also take a look at last week’s Estonian job market report. 

But now, it is time to deep-dive into the most recents stats from the Estonian job market. Let’s jump right in! 🏊‍♂️

Job Market Overview

The number of active job openings has been falling for a few consecutive weeks now. This week, we see a sign of stabilization. ⚖️

The current number of job openings is about the same it was a week ago. 

We also see that the percentage of active job seekers remains around last week’s levels. About 12% of all talent in Estonia are currently active job seekers.

talent in Estonia may 2020

💸 In May, there has been a 10% uptick in the average expected salaries in Estonia. In fact, we see similar trends in Finland and Lithuania.

The increase in average expected salaries can be an indication of growing job-seeker confidence. Let’s see if it solidifies in the coming weeks!

salaries in Estonia may 2020

The average offered salaries have recently seen a minor increase, but remain more or less on the same level as April.

According to our data, the current ratio of job offers to job seekers shows that the Estonian job market remains somewhere between “Ok” and “Challenging” for finding a job. 

job market competitiveness may 2020

Design, customer support, Marketing & PR and Sales & Business development are currently the most competitive ones for job seekers. 🙇‍♀️

At the same time, job seekers in IT & Sysadmin and Finance should find it relatively easy to find a job in Estonia right now. 

Weekly special chart: Job openings across top specialties

Each week, we share some special data with you in the weekly special chart. 🧙‍♀️ This week’s chart shows active job openings across the top 6 specialties, globally and locally in Estonia.

active job openings across specialties

Globally, most job openings on MeetFrank are in software engineering. In second place, there are job openings in sales & business development. And then, IT & sysadmin and finance are not far behind.

active job openings in Estonia

The chart for Estonia looks quite similar to the global one. Software engineering has the most active job openings in Estonia, followed by sales & business development and IT & Sysadmin.

Compared to the global chart, we do see that marketing & PR & media as well as customer support roles are ahead of finance job openings in Estonia.

Weekly highlight: IT & Sysadmin

Estonia is a country that definitely takes pride in its IT talent. This week, we are taking a closer look at the IT & Sysadmin specialty in the Estonian job market. 👾

it sysadmin talent estonia

The total number of IT & Sysadmin talent on the MeetFrank platform is close to 2000. About 9% of them are currently active job seekers. While this is below the entire job market’s 12%, it still shows a good amount of talent movement on the job market. 🕺

In general, we can see that historically, it has been quite easy to find a job in IT & Sysadmin in the last 6 months. This trend has only solidified itself in recent months, and now it should in fact be very easy to find a job in this field. 👏

it sysadmin competitiveness estonia

In the last 8 weeks, the IT & Sysadmin specialty in Estonia has seen a general downward trend in the number of active job openings. The latest number of available openings is down about 30% as compared to 8 weeks ago. 

Active openings in IT & Sysadmin

When it comes to job applications, we can see that the activity jumps a lot from week to week. As it is not a very competitive field, we can only assume that this activity depends on how appealing the job openings are for the job-seekers. 😉

job Applications in IT & Sysadmin

Salaries in IT & Sysadmin have remained quite stable over the past 6 months, hovering between 2500-3000EUR gross. Most recently, though, there has been a 13% drop in the average expected salaries in the past month.

it sysadmin salaries estonia

So, it seems the general situation in IT & Sysadmin is quite alike the recent weather in Estonia. Mostly sunny, with some chilly winds and occasional rain. 🌦

Or, to put it in the labor market terms: mostly favorable for job-seekers, but seeing a decline trend in the number of job vacancies.

If you are looking for a job in these mostly favorable condition, download the MeetFrank app and match with these recent job offers: 

In order to get hired in IT & Sysadmin, you should pay attention to what skills the market is looking for. Currently, systems administration, Linux and network administration are the most in demand skills in the field in Estonia.

it sysadmin skills estonia

In the last 30 days, the most popular IT & Sysadmin job opening was one for a IT Support Specialist with Tammiste Personalibüroo. 🏆

Welcome to the MeetFrank family! 

In the past week, we welcomed Logic Technologies, Yaga, AS Tallinna Vesi, Thinnect and Enics to the Estonian MeetFrank Family. Welcome! 🤗

Here are their job openings on MeetFrank: 

Estonian Job Market Report, May 13, 2020

Estonian Job Market Report, May 13, 2020

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. 📈Talent in estonia and number of job seekersGiven 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. 😟

Estonian market competitivenessOn 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! 🚀

what motivates people in Estonia

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? 😊

top 15 companies with the most applications in EstoniaSince 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. 

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. 

active job openings in marketing pr media in EstoniaApril 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.  

applications in marketing pr media in EstoniaAt present, the Marketing & PR & Media sector in Estonia is not experiencing its best days. 

Estonia marketing pr media talentOut 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. 🤔

EE market competitiveness marketing pr media

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.

EE salaries marketing pr media

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. 

perks EE marketing pr media

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 Baltics to 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!