Everything is bigger in Texas — is a popular saying that may apply to more than just the size of the state. Texas features more than miles and miles of pastures and metropolitan areas like Austin have become business hubs in the United States. The capital, Ausin is home to technology juggernauts like Tesla, Apple, Oracle, Google, Meta, TikTok, Dell, IBM, Intel and more and it is poised to become an IT tech hub in the United States with rapid growth in the tech industry.
An influx of tech-based companies and startups in the Austin metropolitan area means a massive need for talented software engineers, developers, coders, and more to help those companies thrive — but tech talent is a finite resource. It can be difficult to find talented, knowledgeable, and experienced tech employees in a competitive market and many area tech companies that hope to hire tech talent in Austin may want to try hiring global talent.
That is where Truss comes in.
READ MORE: How To Build a Modern Tech Team with Remote Work and AI
The Challenges of Hiring Tech Talent in Austin
The number of tech-based careers in Austin, TX grew by an incredible 29.1% from 2018 to 2023 — and with the growth of artificial intelligence (AI) in the tech industry and a wealth of new startups, that need for talent will continue to grow. That creates a hiring challenge for tech companies in the Texas capital.
A competitive market with exponential growth has driven up salaries, making it a challenge for brand-new companies to attract and retain top talent in the industry and new companies may not have the time or resources to search for, recruit, and hire local talent. And with the growth in the industry, the talent pool has become shallow. Tech companies that have a need for employees with a specific skill set may not be able to find the right candidates in the Austin market — forcing them to look for alternative sources of talent. This challenge can delay project timelines and have a negative impact on a company’s growth.
Expanding Your Talent Pool: The Benefits of Hiring Global Talent
It’s a big beautiful world and the growth of the tech industry has gone far beyond the borders of the United States. Tech companies in the Austin area may want to explore a global hiring strategy that provides an impressive list of benefits.
- Wider Talent Pool — Are you looking for software developers with a very specific set of skills? If you cannot find those talented individuals in the Austin area, you can expand your search to different parts of the world and gain access to a global talent pool that is much wider and deeper.
- Reduced Costs — Tech industry salaries continue to rise and may present a challenge for tech startups that are trying to grow. Lower employment costs in a global market allow companies to find talent that will fit their budget and make the best use of their resources.
- Faster Hiring — Are you hiring on a deadline? Do you have projects you need to complete fast? A wider global talent pool can enable tech companies to hire the right people for the right positions faster.
- More Diversity — Hiring across the globe increases the diversity of your workforce in more than just culture. Tech talent from around the world adds diverse perspectives, ideas, and experiences to your team that can lead to innovation.
- Increased Productivity — When you hire global talent, your tech company will benefit from increased productivity. A larger workforce in vastly different time zones increases the number of hours in a day where you are able to work on projects and serve clients.
READ MORE: Wage Differences Between Local and Global Talent
How To Navigate the Complexities of Global Hiring
Have you hired remote talent from around the globe? It can be a complicated process that gives many tech companies pause. Employing people around the world creates its own set of challenges — understanding local employment laws, managing payroll for a global team, understanding employee benefits in a different country, and making sure you are compliant with the laws in that country.
An Employer of Record (EOR) — like Truss — can solve many of those problems for your tech company. Employer of record providers act as the legal employer of remote employees in different countries and take responsibility for any HR- or compliance-related issues that you might face. With an employer of record on your side, you can hire global talent with confidence and focus on growing your business.
Solution: Truss
Truss provides tech companies with a comprehensive global hiring and employer of record platform to help you grow and manage a remote global team. Truss will help you find, recruit, hire, onboard, and manage tech employees in Central Asia, Eastern Europe, and across the globe. We have years of experience in the tech industry and have the capability to manage employee payroll, taxes, benefits, vacation time, and more for your remote employees around the world.
Truss is here to help with more than just the logistics of hiring global employees. We know and understand how important it is to you to find the right fit for your tech company — the right person, the right personality, and the right skills. We will only provide you with a list of qualified candidates that have the technical skills you need and the ability to communicate effectively across the cultures and time zones.
READ MORE: How To Build a Remote Work Culture and Succeed
Hire Global Talent Today with Truss
Austin, TX continues to grow and thrive as a tech hub in the United States and if you are tired of trying to hire tech talent in Austin, you may want to try hiring global talent — and Truss is here to help make that dream a reality as your EOR partner. We have the knowledge and experience to provide you with a strategic advantage in a competitive industry with premium global talent. With access to a deeper talent pool of talented tech workers and more cost-effective hiring options, we can help your company grow and thrive.
If you are ready to color outside the lines and hire global talent — contact Truss today to learn more about our global hiring and EOR solutions!
