The Statesman Covers the Talent Shortage

I was interviewed by the Austin American Statesman for a piece they were doing on the talent shortage in Austin:

… But most new companies aren’t in that position, said Marc Davis , CEO of Austin recruiting firm  ”With a young startup company, training is not an option. Skill sets are so in demand, and funding for startups has gone down. Nobody has time to hire people who don’t have the skill sets,” Davis said. “I don’t have a warehouse of these people, so I have to yank them out of somewhere.”

That’s led to a jump in counteroffers by companies trying to keep their people, he said.

“We’ve had candidates get an extra $30,000 just to stay,” he said. “Their managers say it is worth it because otherwise they have to pay a headhunter, and they’ll lose time and money getting a new candidate up to speed.”

Austin salaries vary greatly, depending on the size of the company and its ability to raise venture capital. For top-level, experienced software programmers with key skills, pay can range from $130,000 to $150,000 a year, up from $100,000 to $120,000 over the past couple of years, according to