Dotcom pay bubble refuses to burst

Despite
the dotcom downturn employees in the e-commerce sector continue to enjoy above
average pay rises and potentially lucrative share options, according to a
survey.

The
survey by independent pay analysts Industrial Relations Services shows that
average pay awards among e-commerce companies are 4 per cent, 1 per cent higher
than settlements across the whole economy.

Two
thirds of online ventures surveyed by IRS operate long-term share option plans
that give staff a direct financial stake in the business, while over a half
offer short –term incentives such as sales commission or variable bonuses.

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Dotcom
companies are more likely to offer traditional fixed benefits than flexible
benefit schemes, which are operated by only one in seven of e-commerce
companies surveyed.

By
Ben Willmott