If Mr Palmer is going to claim he'd pay 500k, I'd like to see some evidence that he is actually doing this for his top performing employees. He says he lost a few "perfect" candidates to Facebook and google. Did he offer them $500k a year?
Keep in mind, Mr Palmer chose to make this claim very publicly, and he's gotten plenty of attention at this point for doing so. So I'd love to see a good journalist follow up with some real numbers here.
If he's telling the truth, well then, good for him! I tend to be skeptical about people who claim there is a shortage, since they almost never talk about what they're offering. Mr Palmer is.
So far, so good. But he should be willing to offer some real evidence of this claim. Let's see the numbers.