Salary | Brits too afraid to ask for a pay rise, study reveals

Brits too afraid to ask for a pay rise, study reveals

Broaching the subject of a pay rise isn’t the easiest of tasks for employees, and it seems that almost half of Brits are uncomfortable about asking their employer for a pay rise.

According to new research by CV-Library, 45.3% of Brits revealed that they don’t feel comfortable approaching their employer for a pay rise, meanwhile 31.7% shared that they would not negotiate pay with a new employer.

“While this may be music to cost-conscious employers’ ears, we can’t ignore the fact that pay is a huge influencing factor in people’s decisions to join a company and stay with them,” said Lee Biggins, Founder and CEO of CV-Library.

“With Brexit causing many Brits to defer any plans they might have had to change up their careers, employers need to consider how a competitive salary will help them to attract home-grown talent.”

The survey of 1,200 employees discovered that almost two-thirds (61.3%) haven’t received an increase in wages in the last 12 to 18 months. Of those who did, four in ten received a pay increase of just two per cent.

Some of the top sectors where Brits are least likely to negotiate a salary include social care at 59.5%, retail at 50.2%, education at 43.8% and engineering at 38.5%.

Biggins added: “Indeed, these top sectors where professionals are least likely to negotiate on pay with an employer are also some of those most likely to be affected by Brexit. For businesses to engage and retain the best candidates, they need to not only offer a fair salary, but also put in place annual pay reviews to ensure that wages rise in line with inflation and performance.” 

Of the 49.6% of respondents who have negotiated, the majority (79.5%) claimed to have negotiated on salary. However, other factors that proved popular with workers included working hours and flexible working, rated at 46.9% and 29.1%, respectively.

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