Even though the Estonian job market is still recovering from the effects of the pandemic, we are keeping our hopes high for a fresh start in September. 🙌
As we said in the title; new season, new updates, and new job opportunities! 😊
Let’s discover what the new season has brought so far for employers and job seekers! 💡
Job Market Overview
In our previous report, we shared that August saw a long-awaited increase in the number of job openings.
🔊 In the last 4 weeks, there has been a very small change in the number of job openings. On the other hand, the last week of August and the first week of September saw the highest increase. 📈
🔊The number of job applications saw a notable increase since mid-August. Job-seekers are finally on track. 😉
Let’s dive into market competitiveness.
Compared to August, market competitiveness has become more challenging in the Estonian job market. This could be related to the increasing number of job applications in September (one of the favourite months for job seekers). 🤔
While it is at the ‘OK level’ for Data & Analytics professionals to find a job in Estonia, it is sadly difficult for Design experts. Fingers crossed, design people: good times will come! ✌️
So how is the situation with offered and expected salaries in relation to this?
Both the offered and expected salaries have seen a slight increase by mid-September.
Despite the small change, there is still a gap between the two numbers. Whereas employers are ready to pay a bit more to hire the best talent, job seekers seem to be reevaluating their expected salaries to some extent. 💰
Top 6 Specialties with the Most Openings
🏹 The job hunting season has begun. So which industries are welcoming the most new talent?
Looking at the chart, it is clear why it is at the ‘OK level’ for software engineers to find a job in Estonia seeing while it is challenging in general. The field ranks first in the list, far ahead of the IT & Sysadmin jobs, which is on the second place. 🥇
Customer Support and Sales & Business Development rank in third and fourth places respectively, followed by (Tech) Project Management. There are only slight differences between them.
Surprisingly, the last place belongs to Data & Analytics as it used to be one of the most popular industries in the last 6 months. 😎
It seems the Estonian job market needs engineers and IT people the most nowadays. If you are looking for an opportunity in one of these sectors, chances are your dream job is waiting for you. 🤝
Salaries Offered by Employers: September vs January 2020
A lot has changed since January. Where to begin? The pandemic conquered the whole world, it has affected every single economy on Earth and the way we live and work have completely changed. 😷
Now, let’s check how the offered salaries have changed in the last 9 months. 🕵
👉The good news is each of the top 6 specialties have seen an increase in the offered salaries.
👉 (Tech) Project Management saw the highest increase. 📈
👉 Data & Analytics saw the lowest increase. This also justifies the point we shared in the previous section: the number of job openings in this sector is lower than in others. It seems the demand for the Data & Analytics experts has changed a bit during the pandemic. 💡
👉 Despite the turmoil the pandemic created, companies are willing to pay more in order to hire the best talent. 💪
Companies with the Most Remote Options
If you are looking for a remote option and want to work for an Estonia-based company, you are reading the right section. 😊
Let’s discover the most remote work friendly companies in the Estonian job market. 🖥
🏆 First place goes to Testlio, a leading company in app testing. If ‘testing’, ‘mobile’ and ‘app’ are some of your favourite words, download the MeetFrank app and check their openings!
In second place, we see WebARX, a web application security program. Needless to say, cybersecurity has gained significant importance as more people have started working from home. If web security is your thing, WebARX could be ‘the’ company for you. ❤️️
The list continues with Softwerk EU, an Estonian company providing software solutions and Timbeter OÜ, a forest tech company. 👏
💡 All of the companies in the list are web-based tech companies. That’s probably why they have more room for flexibility and capability to offer more remote options. 😉
Welcome to the MeetFrank Family!
🥁 The MeetFrank family is growing! Lately, we welcomed two new members to our family: Nordic Digital AS, North Coast Code, WebARX, Basaar Group OÜ, Koemo OÜ, Aurora Solutions OÜ, Põllumajandusuuringute Keskus, Toolsale, Bercman Technologies AS and so.fa.dog OÜ.
Check their latest job openings and download the MeetFrank app to see more:
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.
The number of job applications seem to have doubled up! Lately, the data for openings and applications are going hand in hand in Estonia.
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.
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?
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?
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.
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.
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! 👏
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. 👇
👉 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!
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?
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. 🌞
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. 📈
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. 👀
✅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?
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! 👇
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.
🎆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. 📝
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. 📉
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.
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. 💸
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. 📉
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. 💼
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. 🏃♀️
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:
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. 😊
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. When 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. 👀
Market competitiveness remained the same as last week staying at the ‘almost-OK’ level for 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. 💶
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. 🎊👉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. 🤞The number of job applications have been fluctuating in parallel with that of job openings in the last 9 months.
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. Given this high ratio, it is no surprise that finding a job in the industry is difficult nowadays. 🤐
So, what about the salaries? How has this competitive job environment affected expected and offered salaries?Since 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. 💪
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. 🎶
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! 👇
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.
💸 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!
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.
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.
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.
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. 👾
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 beenquite 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. 👏
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.
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. 😉
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.
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.
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! 🤗