The Digitalist Team
May 10, 2023

Hungarian startup looking for 100,000 IT experts

ANNOUNCEMENT

The second major version of the Mndwrk Technologies cloud-based platform is about to be released. The platform is the result of two years of development, and the Hungarian startup hopes it will revolutionize the world of work.

The labor market has seen several significant changes in recent years, particularly if we look at the most advanced sector, IT. Yet, the founders of Mndwrk believe the true transformation of the labor model is just beginning. Flexible working patterns have become increasingly popular over the last few years. Working from home took off during the Covid pandemic and has continued growing since, while salaries have also continued to rise. In the IT sector, it is clear that companies are increasingly forced to adapt to the needs of their employees, particularly given the ever-worsening labor shortage. But what do workers need, exactly, and where is this process heading? 

"Firstly, it's important to understand that the high-demand labor market is a persistent trend,” explains Attila Kiss, the Mndwrk CEO. You shouldn’t expect a return to a supply surplus situation, where employees are competing for jobs. In affluent societies, people increasingly want to consume more and work less – together, these two factors will inevitably lead to long-term labor shortages. Some people argue that artificial intelligence could break this trend by taking work away from humans, but that's a big mistake," he continues. "First, the main driving force behind the development of AI-based automation is the labor shortage itself. Second, these new tools have to be assessed in the context of market competition. AI tools are relatively cheap, meaning anyone can use them. So if one company starts using one, nothing can stop others from doing the same. This means that in the end, it will still be the human factor that makes the difference between two competitors. Just as people had to learn to drive, then use computers, now their ‘homework’ is to learn how to guide artificial intelligence. It is a massive change, of course, but just like any other kind of mechanization, it increases, not decreases, the value of people. 

A series of studies, including Mndwrk's focus group research, have shown that a significant portion of the new generation entering the workforce has no desire to work in conventional jobs. Instead, they prefer more flexible methods, such as working part-time, as a freelancer, or even in their own company. This change may seem gradual at first, but it is also reaching a tipping point, and we will only have a little while to see it make a big impact. In the next few years, employers will increasingly find that the very best experts can no longer be hired under a traditional work contract. (This has already happened in IT: in 2022 in Hungary, for example, the number of freelance IT workers increased by 40%.) For the most sought-after professionals, a high salary, flexible working options and the ability to work from home will become basic expectations. They can receive all of them more easily as freelancers. If we add in people who are already working in existing flexible models, such as students, parents with young children and retired people, then we can see that a frightening proportion of the labor force as a whole will fall away from the comfort zone of companies in an incredibly short period of time. So how will companies cope? 

The competitiveness of organizations will increasingly be determined by their ability to attract labor from a wide variety of sources and to employ them effectively in as many different forms as possible. Mndwrk offers a tool that meets this exact challenge: a next-generation marketplace where companies can manage external resources as internals using an advanced model. In addition, it also enables the IT professionals working via the platform to receive the vital support they need and the community experience.

The first version of the Mndwrk Platform was published at the start of 2022, and focused on creating a partially self-organized community of experts, whose members can work on international remote projects, either individually or grouped into squads. In addition to work tasks, community members can also educate themselves via professional presentations and training sessions, and also help to organize the community: by holding their own training, mentoring or inviting new members, for example. Mndwrk rewards community work through a token-based gamification system, which is also linked to premium training and a community shares program. Over 16,000 IT engineers and over 100 small IT enterprises have already joined the world's first service delivery expert community. In the first year alone, they together provided more than two million dollars worth of digital services in eight countries worldwide. Mndwrk aims to expand the platform with 100,000 new members by 2025, primarily in Central and Eastern Europe. The company also plans to maintain a presence in physical events in larger cities in CEE. 

By focusing on employers, the recently announced second major version of the Mndwrk Platform will complete the marketplace. Until now, clients could only contact the platform's community externally, but the new version offers them integration on an unprecedented scale through the global, community platform-based marketplace. The Mndwrk Platform will enable companies to create their own community and manage their platform strategy. Employer organizations registering on the platform can build complex human resource pools, manage their employees, freelancers, subcontractors and job candidates in one place, as a community, and take advantage of integration with the whole marketplace. The platform will provide corporate HR and professional managers with advanced tools to build a halo around their organization, extending their corporate culture and involving them in skills management and capacity planning. All the community features of the Mndwrk Platform are also available for private corporate platforms, including the gamification token-based corporate webshop, the associated shares option program and 3D benchmarking, as well as the organization of community events and programs.

“In the short term, the Mndwrk Platform attracts job-creating partners thanks to its operating model, which offers savings of up to 80% of recruitment costs, explains Attila Kiss, the Mndwrk CEO. “Today, a headhunter company might charge up to USD 15,000 (HUF 5 million) to recruit a senior software developer. This means that even if you are building a smaller team, we still offer savings of tens of thousands of dollars. The fascinating thing, however, is that the platform offers extremely powerful tools for developing forward-looking human resource management strategies. This is what is going to change the world.”

Mndwrk's goal is nothing less than the reinvention of corporate structure to meet the needs of the new generation of engineers, using cutting-edge technology to create a leading incubation marketplace for IT professionals and entrepreneurs both within Hungary and throughout Central and Eastern Europe. Their mission is supported by the investment of several major Hungarian IT companies (Nova, Careall, Talentio, Mortoff, evoCRM) and business angels (Balázs Scheidler, Zoltán Györkő, Dániel Nemes, László Szakáll, Endre Wagner).

No items found.
May 10, 2023

Hungarian startup looking for 100,000 IT experts

ANNOUNCEMENT

The second major version of the Mndwrk Technologies cloud-based platform is about to be released. The platform is the result of two years of development, and the Hungarian startup hopes it will revolutionize the world of work.

The labor market has seen several significant changes in recent years, particularly if we look at the most advanced sector, IT. Yet, the founders of Mndwrk believe the true transformation of the labor model is just beginning. Flexible working patterns have become increasingly popular over the last few years. Working from home took off during the Covid pandemic and has continued growing since, while salaries have also continued to rise. In the IT sector, it is clear that companies are increasingly forced to adapt to the needs of their employees, particularly given the ever-worsening labor shortage. But what do workers need, exactly, and where is this process heading? 

"Firstly, it's important to understand that the high-demand labor market is a persistent trend,” explains Attila Kiss, the Mndwrk CEO. You shouldn’t expect a return to a supply surplus situation, where employees are competing for jobs. In affluent societies, people increasingly want to consume more and work less – together, these two factors will inevitably lead to long-term labor shortages. Some people argue that artificial intelligence could break this trend by taking work away from humans, but that's a big mistake," he continues. "First, the main driving force behind the development of AI-based automation is the labor shortage itself. Second, these new tools have to be assessed in the context of market competition. AI tools are relatively cheap, meaning anyone can use them. So if one company starts using one, nothing can stop others from doing the same. This means that in the end, it will still be the human factor that makes the difference between two competitors. Just as people had to learn to drive, then use computers, now their ‘homework’ is to learn how to guide artificial intelligence. It is a massive change, of course, but just like any other kind of mechanization, it increases, not decreases, the value of people. 

A series of studies, including Mndwrk's focus group research, have shown that a significant portion of the new generation entering the workforce has no desire to work in conventional jobs. Instead, they prefer more flexible methods, such as working part-time, as a freelancer, or even in their own company. This change may seem gradual at first, but it is also reaching a tipping point, and we will only have a little while to see it make a big impact. In the next few years, employers will increasingly find that the very best experts can no longer be hired under a traditional work contract. (This has already happened in IT: in 2022 in Hungary, for example, the number of freelance IT workers increased by 40%.) For the most sought-after professionals, a high salary, flexible working options and the ability to work from home will become basic expectations. They can receive all of them more easily as freelancers. If we add in people who are already working in existing flexible models, such as students, parents with young children and retired people, then we can see that a frightening proportion of the labor force as a whole will fall away from the comfort zone of companies in an incredibly short period of time. So how will companies cope? 

The competitiveness of organizations will increasingly be determined by their ability to attract labor from a wide variety of sources and to employ them effectively in as many different forms as possible. Mndwrk offers a tool that meets this exact challenge: a next-generation marketplace where companies can manage external resources as internals using an advanced model. In addition, it also enables the IT professionals working via the platform to receive the vital support they need and the community experience.

The first version of the Mndwrk Platform was published at the start of 2022, and focused on creating a partially self-organized community of experts, whose members can work on international remote projects, either individually or grouped into squads. In addition to work tasks, community members can also educate themselves via professional presentations and training sessions, and also help to organize the community: by holding their own training, mentoring or inviting new members, for example. Mndwrk rewards community work through a token-based gamification system, which is also linked to premium training and a community shares program. Over 16,000 IT engineers and over 100 small IT enterprises have already joined the world's first service delivery expert community. In the first year alone, they together provided more than two million dollars worth of digital services in eight countries worldwide. Mndwrk aims to expand the platform with 100,000 new members by 2025, primarily in Central and Eastern Europe. The company also plans to maintain a presence in physical events in larger cities in CEE. 

By focusing on employers, the recently announced second major version of the Mndwrk Platform will complete the marketplace. Until now, clients could only contact the platform's community externally, but the new version offers them integration on an unprecedented scale through the global, community platform-based marketplace. The Mndwrk Platform will enable companies to create their own community and manage their platform strategy. Employer organizations registering on the platform can build complex human resource pools, manage their employees, freelancers, subcontractors and job candidates in one place, as a community, and take advantage of integration with the whole marketplace. The platform will provide corporate HR and professional managers with advanced tools to build a halo around their organization, extending their corporate culture and involving them in skills management and capacity planning. All the community features of the Mndwrk Platform are also available for private corporate platforms, including the gamification token-based corporate webshop, the associated shares option program and 3D benchmarking, as well as the organization of community events and programs.

“In the short term, the Mndwrk Platform attracts job-creating partners thanks to its operating model, which offers savings of up to 80% of recruitment costs, explains Attila Kiss, the Mndwrk CEO. “Today, a headhunter company might charge up to USD 15,000 (HUF 5 million) to recruit a senior software developer. This means that even if you are building a smaller team, we still offer savings of tens of thousands of dollars. The fascinating thing, however, is that the platform offers extremely powerful tools for developing forward-looking human resource management strategies. This is what is going to change the world.”

Mndwrk's goal is nothing less than the reinvention of corporate structure to meet the needs of the new generation of engineers, using cutting-edge technology to create a leading incubation marketplace for IT professionals and entrepreneurs both within Hungary and throughout Central and Eastern Europe. Their mission is supported by the investment of several major Hungarian IT companies (Nova, Careall, Talentio, Mortoff, evoCRM) and business angels (Balázs Scheidler, Zoltán Györkő, Dániel Nemes, László Szakáll, Endre Wagner).

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The Digitalist Team
May 10, 2023

Hungarian startup looking for 100,000 IT experts

ANNOUNCEMENT

The second major version of the Mndwrk Technologies cloud-based platform is about to be released. The platform is the result of two years of development, and the Hungarian startup hopes it will revolutionize the world of work.

The labor market has seen several significant changes in recent years, particularly if we look at the most advanced sector, IT. Yet, the founders of Mndwrk believe the true transformation of the labor model is just beginning. Flexible working patterns have become increasingly popular over the last few years. Working from home took off during the Covid pandemic and has continued growing since, while salaries have also continued to rise. In the IT sector, it is clear that companies are increasingly forced to adapt to the needs of their employees, particularly given the ever-worsening labor shortage. But what do workers need, exactly, and where is this process heading? 

"Firstly, it's important to understand that the high-demand labor market is a persistent trend,” explains Attila Kiss, the Mndwrk CEO. You shouldn’t expect a return to a supply surplus situation, where employees are competing for jobs. In affluent societies, people increasingly want to consume more and work less – together, these two factors will inevitably lead to long-term labor shortages. Some people argue that artificial intelligence could break this trend by taking work away from humans, but that's a big mistake," he continues. "First, the main driving force behind the development of AI-based automation is the labor shortage itself. Second, these new tools have to be assessed in the context of market competition. AI tools are relatively cheap, meaning anyone can use them. So if one company starts using one, nothing can stop others from doing the same. This means that in the end, it will still be the human factor that makes the difference between two competitors. Just as people had to learn to drive, then use computers, now their ‘homework’ is to learn how to guide artificial intelligence. It is a massive change, of course, but just like any other kind of mechanization, it increases, not decreases, the value of people. 

A series of studies, including Mndwrk's focus group research, have shown that a significant portion of the new generation entering the workforce has no desire to work in conventional jobs. Instead, they prefer more flexible methods, such as working part-time, as a freelancer, or even in their own company. This change may seem gradual at first, but it is also reaching a tipping point, and we will only have a little while to see it make a big impact. In the next few years, employers will increasingly find that the very best experts can no longer be hired under a traditional work contract. (This has already happened in IT: in 2022 in Hungary, for example, the number of freelance IT workers increased by 40%.) For the most sought-after professionals, a high salary, flexible working options and the ability to work from home will become basic expectations. They can receive all of them more easily as freelancers. If we add in people who are already working in existing flexible models, such as students, parents with young children and retired people, then we can see that a frightening proportion of the labor force as a whole will fall away from the comfort zone of companies in an incredibly short period of time. So how will companies cope? 

The competitiveness of organizations will increasingly be determined by their ability to attract labor from a wide variety of sources and to employ them effectively in as many different forms as possible. Mndwrk offers a tool that meets this exact challenge: a next-generation marketplace where companies can manage external resources as internals using an advanced model. In addition, it also enables the IT professionals working via the platform to receive the vital support they need and the community experience.

The first version of the Mndwrk Platform was published at the start of 2022, and focused on creating a partially self-organized community of experts, whose members can work on international remote projects, either individually or grouped into squads. In addition to work tasks, community members can also educate themselves via professional presentations and training sessions, and also help to organize the community: by holding their own training, mentoring or inviting new members, for example. Mndwrk rewards community work through a token-based gamification system, which is also linked to premium training and a community shares program. Over 16,000 IT engineers and over 100 small IT enterprises have already joined the world's first service delivery expert community. In the first year alone, they together provided more than two million dollars worth of digital services in eight countries worldwide. Mndwrk aims to expand the platform with 100,000 new members by 2025, primarily in Central and Eastern Europe. The company also plans to maintain a presence in physical events in larger cities in CEE. 

By focusing on employers, the recently announced second major version of the Mndwrk Platform will complete the marketplace. Until now, clients could only contact the platform's community externally, but the new version offers them integration on an unprecedented scale through the global, community platform-based marketplace. The Mndwrk Platform will enable companies to create their own community and manage their platform strategy. Employer organizations registering on the platform can build complex human resource pools, manage their employees, freelancers, subcontractors and job candidates in one place, as a community, and take advantage of integration with the whole marketplace. The platform will provide corporate HR and professional managers with advanced tools to build a halo around their organization, extending their corporate culture and involving them in skills management and capacity planning. All the community features of the Mndwrk Platform are also available for private corporate platforms, including the gamification token-based corporate webshop, the associated shares option program and 3D benchmarking, as well as the organization of community events and programs.

“In the short term, the Mndwrk Platform attracts job-creating partners thanks to its operating model, which offers savings of up to 80% of recruitment costs, explains Attila Kiss, the Mndwrk CEO. “Today, a headhunter company might charge up to USD 15,000 (HUF 5 million) to recruit a senior software developer. This means that even if you are building a smaller team, we still offer savings of tens of thousands of dollars. The fascinating thing, however, is that the platform offers extremely powerful tools for developing forward-looking human resource management strategies. This is what is going to change the world.”

Mndwrk's goal is nothing less than the reinvention of corporate structure to meet the needs of the new generation of engineers, using cutting-edge technology to create a leading incubation marketplace for IT professionals and entrepreneurs both within Hungary and throughout Central and Eastern Europe. Their mission is supported by the investment of several major Hungarian IT companies (Nova, Careall, Talentio, Mortoff, evoCRM) and business angels (Balázs Scheidler, Zoltán Györkő, Dániel Nemes, László Szakáll, Endre Wagner).

No items found.
May 10, 2023

Hungarian startup looking for 100,000 IT experts

ANNOUNCEMENT

The second major version of the Mndwrk Technologies cloud-based platform is about to be released. The platform is the result of two years of development, and the Hungarian startup hopes it will revolutionize the world of work.

The labor market has seen several significant changes in recent years, particularly if we look at the most advanced sector, IT. Yet, the founders of Mndwrk believe the true transformation of the labor model is just beginning. Flexible working patterns have become increasingly popular over the last few years. Working from home took off during the Covid pandemic and has continued growing since, while salaries have also continued to rise. In the IT sector, it is clear that companies are increasingly forced to adapt to the needs of their employees, particularly given the ever-worsening labor shortage. But what do workers need, exactly, and where is this process heading? 

"Firstly, it's important to understand that the high-demand labor market is a persistent trend,” explains Attila Kiss, the Mndwrk CEO. You shouldn’t expect a return to a supply surplus situation, where employees are competing for jobs. In affluent societies, people increasingly want to consume more and work less – together, these two factors will inevitably lead to long-term labor shortages. Some people argue that artificial intelligence could break this trend by taking work away from humans, but that's a big mistake," he continues. "First, the main driving force behind the development of AI-based automation is the labor shortage itself. Second, these new tools have to be assessed in the context of market competition. AI tools are relatively cheap, meaning anyone can use them. So if one company starts using one, nothing can stop others from doing the same. This means that in the end, it will still be the human factor that makes the difference between two competitors. Just as people had to learn to drive, then use computers, now their ‘homework’ is to learn how to guide artificial intelligence. It is a massive change, of course, but just like any other kind of mechanization, it increases, not decreases, the value of people. 

A series of studies, including Mndwrk's focus group research, have shown that a significant portion of the new generation entering the workforce has no desire to work in conventional jobs. Instead, they prefer more flexible methods, such as working part-time, as a freelancer, or even in their own company. This change may seem gradual at first, but it is also reaching a tipping point, and we will only have a little while to see it make a big impact. In the next few years, employers will increasingly find that the very best experts can no longer be hired under a traditional work contract. (This has already happened in IT: in 2022 in Hungary, for example, the number of freelance IT workers increased by 40%.) For the most sought-after professionals, a high salary, flexible working options and the ability to work from home will become basic expectations. They can receive all of them more easily as freelancers. If we add in people who are already working in existing flexible models, such as students, parents with young children and retired people, then we can see that a frightening proportion of the labor force as a whole will fall away from the comfort zone of companies in an incredibly short period of time. So how will companies cope? 

The competitiveness of organizations will increasingly be determined by their ability to attract labor from a wide variety of sources and to employ them effectively in as many different forms as possible. Mndwrk offers a tool that meets this exact challenge: a next-generation marketplace where companies can manage external resources as internals using an advanced model. In addition, it also enables the IT professionals working via the platform to receive the vital support they need and the community experience.

The first version of the Mndwrk Platform was published at the start of 2022, and focused on creating a partially self-organized community of experts, whose members can work on international remote projects, either individually or grouped into squads. In addition to work tasks, community members can also educate themselves via professional presentations and training sessions, and also help to organize the community: by holding their own training, mentoring or inviting new members, for example. Mndwrk rewards community work through a token-based gamification system, which is also linked to premium training and a community shares program. Over 16,000 IT engineers and over 100 small IT enterprises have already joined the world's first service delivery expert community. In the first year alone, they together provided more than two million dollars worth of digital services in eight countries worldwide. Mndwrk aims to expand the platform with 100,000 new members by 2025, primarily in Central and Eastern Europe. The company also plans to maintain a presence in physical events in larger cities in CEE. 

By focusing on employers, the recently announced second major version of the Mndwrk Platform will complete the marketplace. Until now, clients could only contact the platform's community externally, but the new version offers them integration on an unprecedented scale through the global, community platform-based marketplace. The Mndwrk Platform will enable companies to create their own community and manage their platform strategy. Employer organizations registering on the platform can build complex human resource pools, manage their employees, freelancers, subcontractors and job candidates in one place, as a community, and take advantage of integration with the whole marketplace. The platform will provide corporate HR and professional managers with advanced tools to build a halo around their organization, extending their corporate culture and involving them in skills management and capacity planning. All the community features of the Mndwrk Platform are also available for private corporate platforms, including the gamification token-based corporate webshop, the associated shares option program and 3D benchmarking, as well as the organization of community events and programs.

“In the short term, the Mndwrk Platform attracts job-creating partners thanks to its operating model, which offers savings of up to 80% of recruitment costs, explains Attila Kiss, the Mndwrk CEO. “Today, a headhunter company might charge up to USD 15,000 (HUF 5 million) to recruit a senior software developer. This means that even if you are building a smaller team, we still offer savings of tens of thousands of dollars. The fascinating thing, however, is that the platform offers extremely powerful tools for developing forward-looking human resource management strategies. This is what is going to change the world.”

Mndwrk's goal is nothing less than the reinvention of corporate structure to meet the needs of the new generation of engineers, using cutting-edge technology to create a leading incubation marketplace for IT professionals and entrepreneurs both within Hungary and throughout Central and Eastern Europe. Their mission is supported by the investment of several major Hungarian IT companies (Nova, Careall, Talentio, Mortoff, evoCRM) and business angels (Balázs Scheidler, Zoltán Györkő, Dániel Nemes, László Szakáll, Endre Wagner).

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