Employment contracts between high-tech employers and professionals with sought-after skills are increasingly becoming “deals”.
Alison Sawdey, vice-president of HR at UPC, the largest cable provider in Europe, told the conference that getting people on board with “gold dust” Internet and programming skills is a case of striking a bargain. The employee can demand a massive salary with benefits as long as they deliver on time.
Java programmers can start on a salary of £100,000 plus stock options, but in return will think nothing of working a 20-hour day to meet a deadline, she said.
Companies are expected to provide perks that fit the lifestyle of employees. UPC provides a dog-walking service, a laundry facility and a gym. Work hours are flexible, as are benefits packages.
“These are specialist people who want to work in a specific way and that requires very open-minded management,” Sawdey added.