More than 70% of companies in Ukraine cannot fill vacancies: FUIB told how they retain staff

24 September 15:34

EXCLUSIVE

Ukrainian business is already facing an unprecedented labor shortage. This was stated by Denys Goncharuk, FUIB’s Head of Recruitment and Adaptation of Mass Positions, during the Discussion Forum of Educators and Employers “You Can’t Let the Youth Go” organized by Kommersant Ukrainsky.

According to him, more than 70% of companies in Ukraine cannot fill their vacancies, and the market needs at least 500,000 professional specialists. The outflow of young people is particularly alarming: the bank’s internal research has shown that about 40% of students plan to go abroad after completing their internships in search of better opportunities.

“This is not just a statistic – it is a loss of young people. We have to respond today,” emphasized Goncharuk.

How FUIB works with young people

To change the situation, the bank has developed its own programs to support students and young professionals. In particular, large-scale internships were introduced, in which 196 students took part last time. Almost a fifth of them got jobs in the bank after the internship.

The key element was the mentoring and coaching system, which significantly reduced the turnover of young professionals. Previously, about 40% of newcomers quickly left the industry, but thanks to support, this figure dropped to 15%.

“We do not leave young professionals alone with the challenges of the banking sector. We support them, invest in their training, allow them to make mistakes and learn from them,” explained Goncharuk.

Investments and career development

According to the speaker, FUIB invests about 25% in the development and adaptation of a young employee during the first three months of work. Certain programs provide for even greater investments, especially in the IT sector, where costs reach $1000-3000 per specialist.

The bank also has an internal career development program. More than 60% of the company’s managers have built their careers within the institution.

“We were the first bank to create a separate website for students. This is our step towards young people to show them that there are prospects and opportunities here in Ukraine,” summarized Goncharuk.

The discussion at the forum confirmed that Ukrainian business is facing a serious shortage of personnel, and the outflow of young people abroad threatens to lose human capital. At the same time, FUIB’s example shows that systematic work with young professionals – internships, mentoring, investments in training and career development – can not only retain talent but also create prospects for development within the country. This is a signal to other companies: investing in young people now means ensuring a strong future for Ukrainian business and the economy as a whole.