#PandaPounds: Who has seen their fortunes rise? Part 2

Welcome back to our mini-series reflecting on pay rises within ecommerce. If you missed part one you can catch it here.

For part two, we are going to pay some attention to people who have seen their salary decrease. Can we assume this is because of the company or is there a personal choice behind the pay cut? Another important factor is how likely pay rises will come your way depending on the seniority of your role. Do companies prioritise senior members of their team and would this affect staff retention?

In part one, we briefly spoke of the 27% of respondents who didn’t see a pay rise because of company budget. Should ecommerce superstars ride out the wave and let the company grow before they see the benefits?

Ecommerce pay cuts: Who and why?

Have you ever experienced a pay cut? If you have there is probably a mixture of feelings; ‘am I not doing enough’, ‘should I find a new role’ or ‘I’m in no position to find a new role, I’ll have to accept it.’

But what about our ecommerce respondents? Let’s have a peek…

4.2% saw a decrease in their salaries. Sad times? Not quite.

• Change of hours – One of our respondents changed their hours, and probably expected this to change their salary in return.
• Two respondents decided to start their own company. Of course with a dedicated move to start your own venture comes some sacrifice. However it’s an exciting thing for someone to begin realising their own vision so taking a little bit less in the pay department to begin with shouldn’t be a demotivating factor.
• Another ecommerce hero moved to a new role with a slightly lower salary than their previous job. Why? This role had more opportunities for growth in the long term. Like the respondents who started their own ventures, this reflects that people will not always consider salary in the short term when there are long terms gains to be explored.

Role seniority and pay rises: are senior employees prioritised?

The good news is all levels of seniority have seen a growth in salary, with more people within these roles receiving a pay rise than those who did not. The biggest gap between those who received a pay rise and those who have remained the same is managers. Perhaps as more people start proving their worth after transitioning to mid-level management roles, companies want to keep them on board as they progress even further.

Ecommerce growth and future salary expectations

Ecommerce is an ever growing industry. As such, can ecommerce professionals always expect their desired salaries or is patience a virtue?

47.9% of our respondents expect to see growth in all aspects of their company, while a further 12.5% believe there will be growth specifically in the Ecommerce division. Does this mean other aspects of the business will see priority in terms of the budget? Yet if growth is expected, the future prospects in terms of salary can only get better. Below you can see how our respondents see their salaries changing for the remainder of 2016…

Whether our respondents saw a pay rise or not, it’s good to see that a high number believe they will see an increase. A tiny fraction expects a decrease but who’s to say that will happen? That’s the beauty of the wonderful, fast paced world of ecommerce.

Thanks for reading…

That concludes another #PandaPounds miniseries. We hope you have enjoyed a much deeper insight into the intricacies behind the ecommerce salary...there is so much to learn!

Want even more? Take a look at all of our latest #PandaPounds insights...