This article is based on data from MeetFrank Job Market Insights. For additional and per-track reports, visit this page.
Lithuania is one of the countries that has recently announced some measures for businesses affected by the current crisis, such as the recent package offered through the Lithuanian state company Invega. Last week, we already saw some improvement in the Lithuanian job market and we hope it keeps going! 💪
The second week of May brought a notable increase in the number of job openings as well as in job seekers. It’s great to see that the interest of employers and employees is mutual.
If you’re not familiar with the Lithuanian job market and getting more information strikes your fancy, our previous report can help you find out more about this Baltic star. 🌟
Want to jump into this week’s stats? Let’s find out what the Lithuanian job market is up to nowadays! 🚀
Job Market Overview
Last week, the number of active job openings had increased by 14.7%. However, the last 7 days showed that Lithuanian job market needs more time for stabilisation. ⏳
Recently, the number of job openings dropped by 16%. There has also been a slight decrease in the number of active job seekers. 📉
However, the number of talent and active job seekers remained quite close to those of last week.
Despite a recent increase by 4.5% in expected salaries, there is still a noticeable difference between offered and expected salaries in Lithuania in general. It is similar to the situation in Finland and Estonia.
As the economic effects of COVID-19 have taken hold over the whole world, companies and job seekers in Lithuania seem to have different perspectives when it comes to salaries. They have not come to terms with it yet. 💶
The good news is, the ease of finding a job in Lithuania has remained the same as last week—almost at the ‘easy’ level. ✅
Since last week, software engineers have been leading the way when it comes to ease of finding a job in Lithuania.
When it’s at the ‘OK-level’ to find a job for candidates in Data & Analytics, Design, and very easy for IT & Sysadmin, nowadays Customer Support and (Tech) Project Management professionals may find it challenging to find a job in Lithuania.
Weekly special chart: Expected vs offered salaries across top specialties
This week’s chart shows expected vs offered salaries across the top 8 specialties in the past 30 days. We’ll delve into the global stats as well as Lithuania’s . 🕵️♀️
When we look at the chart below, what strikes the eye is that 5 out of 8 industries are offering higher salaries than expected by job-seekers.
Have a look at the top 3 takeaways from the chart above:
✅We see the biggest difference between expected and offered salaries in Software Engineering industry in the Lithuanian job market. Offered salaries are much higher than expected. 🎉
✅Similar to the ratios in Estonia and Finland, offered salaries favour Data & Analytics candidates the most.
✅Offered salaries are higher than expected salaries for Marketing & PR & Media candidates.
And now, it’s time for the global stats. 👉The trend of ‘expecting less, getting more’ continues for the Software Engineering, Data & Analytics, and Marketing & PR & Media specialties globally.
👉When it comes to the biggest difference between expected and offered salaries, the top 3 sectors are Software Engineering, Customer Support, and Data & Analytics.
In that sense, software engineers seem to have become even more important for the whole world as well as for Lithuania! 💻
Weekly highlight: Customer Support
This week’s highlight is Customer Support —the ultimate solution finders. 🦸♂️️🦸♀️️
The last 9 months have witnessed lots of changes in the number of job openings, one of which was a steep fall during winter. ☃ The numbers weren’t even that low when the crisis escalated worldwide during March.
As for today, the number of job openings is similar to that of April and March.
While the number of job applications peaked in October 2019 and then again in April 2020, May saw the lowest number in this category. Of the 2,558 members of the CS talent pool in Lithuania,10.9%are actively looking for a job. This is relatively low compared to Estonia and Finland.
So, it shouldn’t come as a surprise that finding a job in Lithuania is almost at the ‘OK’ level if you are looking for a job in Customer Support. 🎆
Looking at the expected and offered salaries in the Customer Support industry in the Lithuanian job market since November 2019, we see that there was a significant difference at the beginning of this high-speed journey. 🎢
Now expected and offered salaries have switched roles. Job seekers seem to have adjusted their expectations due to the changing situation, while employers might also be reconsidering their offerings.
It’s good to see that when it comes to salaries, job seekers and companies are more or less on the same page. Let’s have a look at the new job offerings awaiting new talent:
- Blockchain.com is looking for a Customer Success Associate – Night Shift (Live Chat)
- UAB Teltonika is looking for a Technical Support Engineer
- UAB Teltonika is looking for a Technical Support Engineer (Russian Language)
- Baltic Assist was looking for a Customer Support Agent (Swedish)
- HR factory Lithuania was looking for a Business Support Analyst
And which skills should you possess to be a good candidate for these positions?
Just like in Estonia and Finland, the top 2 in demand skills for the Lithuanian job market are English and customer service & support. What stands out in the chart is that call center experience is the third most important skill in the Lithuanian Customer Support industry.
🏆The most popular job opening in this sector is ‘Customer Support Specialist’ at TransferGo!
Welcome to the MeetFrank family!
🔊Say hello to our new members! This week, we welcomed Fabula Hill+Knowlton Strategies, Sedition, UAB Kibernetinio Saugumo Sistemos, Eddy Travels, UAB „Optometrijos centras“, and LKAB “Klaipėdos Smeltė” to the MeetFrank family. 🎊
Discover what lies in store for your career:
- Fabula Hill+Knowlton Strategies is looking for a Digital Lead
- UAB „Optometrijos centras“ is looking for a Marketing Specialist
- LKAB “Klaipėdos Smeltė” is looking for an IT Specialist
- Eddy Travels is looking for a Senior Machine Learning Engineer – Python
- UAB Kibernetinio Saugumo Sistemos is looking for a C/C++ Developer – Security Products
- Sedition is looking for a Front-End Engineer