Who ate all the ICT bonus pie?

Candle New Zealand country manager Troy Hammond

Male IT staff in New Zealand receive 50% more in bonuses than their female colleagues.

Data from a survey of 5316 IT professionals by ICT recruitment outfit Candle shows the average bonus received by men in the sector is $13,176, versus an average of $8624 for women – a gender gap of $4552.

Across the ditch, male Aussie IT specialists receive $2845 more than female counterparts, similar research shows.

Only 42% of Australian ICT workers receive a benefit of some kind, whereas in New Zealand nearly 70% receive them, a 58% increase over the previous year.

Meanwhile, the size of the average NZ ICT bonus – $12,014, received by 27% of practitioners – is just 3% up on the previous year.

The New Zealand gender gap in bonuses is a function of the majority of the IT workforce being male, according to Candle New Zealand country manager Troy Hammond, although that weighting is beginning to change.

Bonuses tend to be popular in IT sales and consulting, Mr Hammond says.

In larger companies, a higher salary is preferred over a package with an "at risk" component; at start-ups, share options tend to be offered instead of bonuses.


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.6715 -0.0034 -0.50%
AUD 0.9396 0.0042 0.45%
EUR 0.6012 -0.0012 -0.20%
GBP 0.4598 -0.0064 -1.37%
HKD 5.2147 -0.0283 -0.54%
JPY 73.6300 -0.2120 -0.29%

Commods

Commodity Price Change Time
Gold Index 1248.5 -3.360 2016-05-23T00:
Oil Brent 48.9 -0.380 2016-05-23T00:
Oil Nymex 48.1 -0.300 2016-05-23T00:
Silver Index 16.4 -0.110 2016-05-23T00:

Indices

Symbol Open High Last %
NZX 50 6907.8 6907.8 6907.8 -0.51%
NASDAQ 4771.6 4792.6 4769.6 -0.08%
DAX 9798.9 9961.3 9842.3 1.10%
DJI 17507.0 17550.7 17500.9 -0.05%
FTSE 6136.4 6199.6 6136.4 0.99%
HKSE 19828.0 19870.2 19809.0 0.11%
NI225 16605.0 16605.0 16654.6 -0.94%