Reuters – Twitter pays engineer $10 million as Silicon Valley tussles for talent

on 10 | 14 | 2013

Partner Iain Grant recently spoke with Sarah McBride of Thomson Reuters to discuss some of the challenges that companies face when trying to hire engineering talent — from software engineers to VP Engineering. While the competitive ecosystem continues to grow, many companies are struggling not only to find the right engineers to help them scale, but to also meet the salary and cultural demands of these people. Grant shares his views on the limited talent pool and growing demands for these people in the full article.

(Reuters) Twitter pays engineer $10 million as Silicon Valley tussles for talent

Among Twitter Inc’s highest-paid executives, Christopher Fry’s name stands out.

The senior vice president of engineering raked in $10.3 million last year, just behind Twitter Chief Executive Dick Costolo’s $11.5 million, according to Twitter’s IPO documents. That is more than the paychecks of executives such as Chief Technology Officer Adam Messinger, Chief Financial Officer Mike Gupta and Chief Operating Officer Ali Rowghani.

Welcome to Silicon Valley, where a shortage of top engineering talent amid an explosion of venture capital-backed start-ups is inflating paychecks.

“The number of A-players in Silicon Valley hasn’t grown,” said Iain Grant, a recruiter at Riviera Partners, which specializes in placing engineers at venture-capital backed start-ups. “But the demand for them has gone through the roof.”

Read the full article here…