SpectroCoin, a cryptocurrency exchange platform, remains the most popular employer in Lithuania for the second month in a row. MeetFrank, an app connecting workers and potential employers, has named SpectroCoin the most attractive employer on their platform two months in a row.
This employee interest trend comes from the growing popularity of cryptocurrencies and employee desire to develop new technologies. “Everybody in the tech world knows what crypto is. It is the future, and many want to contribute by being part of the financial innovation. This helps us compete for the highest level of specialists,” says Vytautas Karalevičius, co-founder of SpectroCoin and Bankera.
The business has been active for almost ten years now, and it has helped it stay at the top position for two months in a row now. “We rank the employers based on the number of applications they receive from jobseekers in a given month. This way, we can accurately measure the popularity of companies.,” says Justas Burba, Head of MeetFrank in Lithuania.
An app that pairs companies with new talent
MeetFrank helps employees search for jobs anonymously. The platform provides information about open positions, the skills required, and salaries in various companies. Meanwhile, employers see depersonalised employee data, work experience, and salary expectations.
After applying for a position, the employers see the candidates’ details.
“We help talents find their next opportunity regardless of the location. Globally, we have over 120,000 active jobs in fast-growth companies, including 35,000 fully remote offers. We have over 4,000 active jobs in the Baltics,” says Justas Burba.
Employers are ready to accept Ukrainians
As the number of Ukrainian war refugees arriving in Lithuania increases, businesses are preparing to accept them into the labour market. The Lithuanian technology sector has lacked various specialists – analysts, money laundering prevention specialists, product developers, testers, and programmers for quite some time now. It is expected that this shortcoming in the labour market will become an opportunity for Ukrainians looking to settle in Lithuania.
“In the last month, three Ukrainians have joined our team. We are ready to hire at least ten more soon. Bankera and SpectroCoin plan to grow from 200 to 250 employees this year. We expect that some of them will be from Ukraine.”- says the Head of Human Resources, Ieva
The preparation is felt in the job market. Justas Burba, Head of MeetFrank Lithuania, says, “Employers ready to hire Ukrainian talent and support them with relocation are highlighted accordingly on the MeetFrank app. We also launched a special feed in the app that gathers all job offers with relocation support. Currently, 165 companies with 1,400 individual job offers have pledged their support to help Ukrainian talent relocate to our region.”
Competition for workers is highly intense
Ieva Raciuvienė points out that, the competition for employees is very fierce. “Technology companies compete for employees. The principle that guides us is that we can provide our professionals with the right work-life balance. However, we also care about many other important things: creating an interesting product, working in a unique industry, and the opportunity to work on financial innovations.”
SpectroCoin offices are located in the city centres of Vilnius, Kaunas, and Tallinn. At the same time, employees can also choose to work remotely. SpectroCoin and Bankera stand out in the market by having the opportunity for employees to work from the Vanuatu island in the Pacific. Workations – work and leisure trips can range from cities in the south of France to Dubai.