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Charleston’s knowledge companies adding jobs




The Charleston Digital Corridor reported in its annual wage and jobs growth survey that 100% of companies in the survey added jobs over the last year. The survey also found that 43% of reporting companies have increased office space this year.



Staff Report
Published Oct. 25, 2012

Every tech company in Charleston added jobs over the last year, and 73% expect to add even more by the end of 2012, according to those participating in an annual wage and job growth survey by the Charleston Digital Corridor.

The companies also reported an average wage of $66,862, which is 1.73 times the state average of per capita wages and 1.64 times the wages in the Charleston metro area.

The CEO of Digital Corridor company BoomTown, which was one of the fastest-growing companies of 2012 according to Inc. magazine, said his company and other knowledge companies are benefiting from the city of Charleston’s long-term development strategy.

“I am glad to be a beneficiary, and also a contributor, to our thriving software industry,” said BoomTown CEO Grier Allen in a news release.

The Digital Corridor also said 43% of reporting companies have increased office space in 2012, with 21% expected to lease additional space in 2013. Commercial space, which typically costs more in Charleston, has been an issue for all companies moving into the city or expanding.

“Investments in practical talent development and apprenticeships are crucial to expanding Charleston’s renaissance and position in the global economy as an exporter of software products and services,” Charleston Digital Corridor Director Ernest Andrade said.

Digital Corridor Graphic SOURCE Charleston Digital Corridor
Source: Charleston Digital Corridor

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