Pay and reward practices in the new economy surveyed

What you will find in this report

This six-page review draws on an analysis of advertised salary information from the recruitment web site Jobserve.com together with surveys published by:

• Hay Group

• Mercer Human Resource Consulting

• National Computing Centre

• Robert Walters

• Salary Survey Publications/Computer Weekly

• The Reward Group.

IRS also contacted ten e-commerce divisions of established businesses and standalone internet organisations and questioned them on their reward practices.

• Pay rates: Salary data is provided for each of the principal technical employee groups - webmaster, web developer, web designer, web author/editor and web security specialist.

• Salary awards: Drawing on information published by a range of salary survey specialists, IRS found that the days of generous annual pay rises are long gone, with several surveys recording little or no movement.

• Incentives: "Short-term incentives are not popular among e-commerce organisations, and share option remain the favoured long-term incentive," concludes IRS.

• Benefits packages: Among the small sample of 10 companies contacted by IRS, fixed benefit packages with a limited range of benefits are typical in standalone e-commerce organisations.