Here is some news most growing software companies won’t find shocking: Hiring talented, qualified software engineers is a significant challenge. The reason? The demand for those skills continues to significantly outpace the supply of talent, and not all engineers — even the super-talented ones — are right for every opportunity.
As a result, many growing software companies find themselves either engaging in costly bidding wars for top engineering talent, operating at less-than-full capacity, or having to settle on candidates who may not align with their company culture.
“Normally, in a market like Philadelphia, software companies are lucky to bring in three engineering candidates per month and hire one of them,” says Luke Walker, Senior Director of Engineering at Monetate.