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Salaries in startups – up to 7,500 euros: they are looking not only for programmers
🇱🇹 Lithuania /Technology

Salaries in startups – up to 7,500 euros: they are looking not only for programmers

From Delfi · (5m ago) Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

TLDR

  • The Lithuanian startup sector employs over 19,000 professionals, but faces a shortage of talent, particularly in emerging fields like artificial intelligence.
  • Startups are expanding into new markets, developing new products, and integrating AI, creating new job roles beyond traditional programming.
  • While Vilnius and Kaunas are hubs for startup jobs, remote work is increasing, and English proficiency is essential as 95% of job postings are in English.

Lithuania's burgeoning startup scene, currently home to over 19,000 professionals, is experiencing a significant talent crunch despite its impressive growth. The sector is not only expanding into new international markets and diversifying its product and service offerings but is also rapidly adopting artificial intelligence (AI). This technological integration is creating entirely new job categories and demanding a workforce equipped with advanced skills.

Jau ne vienerius metus stebime šalies startuolių augimą: jie plečiasi į naujas rinkas, kuria papildomus produktus bei paslaugas. Be to, technologijų įmonės intensyviai diegia dirbtinį intelektą (DI), kuris sukuria visiškai naujas pozicijas, o kai jo pagalba pradedami vystyti nauji produktai – net ir atskiras komandas.

— G. VerbickaitėHead of 'Unicorns Lithuania,' Gintarė Verbickaitė, discussing the growth and evolving needs of the Lithuanian startup sector.

Gintarė Verbickaitė, head of the association "Unicorns Lithuania," notes that the perception of startups as solely a domain for programmers is outdated. She explains that as startups mature, their needs evolve. Initially, a strong tech team is crucial, but subsequent growth phases require expertise in sales, market expansion, financial management, branding, and regulatory compliance. Consequently, successful startups transform from programmer-centric teams into fully-fledged international organizations.

Šios įmonės auga etapais. Pradžioje dažnai reikia stiprios technologinės komandos, bet vėliau atsiranda poreikis parduoti, plėstis į naujas rinkas, valdyti finansus, stiprinti prekių ženklą, užtikrinti atitiktį reguliavimui. Patį ankstyviausią etapą įveikę startuoliai jau būna nebe programuotojų komanda, bet visavertė tarptautinė organizacija.

— Gintarė VerbickaitėVerbickaitė explaining the evolving talent requirements in startups as they mature.

Analysis of job postings by the "Huntas" platform reveals that Vilnius remains the primary center for startup employment, accounting for 44% of listings, followed by Kaunas at 17%. However, the geographical boundaries of the startup job market are becoming increasingly blurred. "Huntas" co-founder Dzido Martinaitis points out that the rise of remote work opportunities, particularly appealing to international teams, is a key trend. Reflecting the global nature of the industry, 95% of startup job advertisements are published in English, making strong English language skills a necessity rather than a mere advantage for candidates.

Dalis įmonių siūlo nuotolinio darbo galimybes, o tai ypač aktualu tarptautinėms komandoms. Tai, jog startuolių rinka yra labai tarptautiška, atsispindi ir darbo skelbimų kalboje – net 95 proc. jų publikuojami angliškai, nes įmonės ieško žmonių ne tik Lietuvoje, bet ir užsienyje. Todėl geri anglų kalbos įgūdžiai startuoliuose dažniausiai yra ne privalumas, bet būtinybė.

— Dzido MartinaičioCo-founder of 'Huntas,' Dzido Martinaitis, on the rise of remote work and the importance of English proficiency in the startup job market.

The "Huntas" study also sheds light on salary trends, indicating that AI experts and technology team leaders command the highest salaries, with potential earnings reaching up to 7,500 euros. Entry-level IT specialists typically earn around 2,900 euros per month, with companies valuing potential and learning ability. Salaries can increase by over a third at the mid-level, especially in AI, machine learning, and product management roles, averaging 4,800 euros. Senior specialists can expect a further 15-30% increase, highlighting a clear career progression and significant earning potential within Lithuania's dynamic startup ecosystem.

Jaunesniųjų IT specialistų atlyginimai skirtingose specializacijose yra gana panašūs ir vidutiniškai siekia 2,9 tūkst. eurų per mėnesį. Šiame etape startuoliai dažniau vertina potencialą, gebėjimą mokytis ir prisitaikyti, o ne siaurą ekspertizę.

— D. MartinaičioMartinaitis detailing entry-level salaries and the criteria valued by startups.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.