It takes an average of four months for employees to work up the courage to ask for a pay rise, while 14% of workers have been preparing to ask their boss to increase their salary for over six months.
The research, collected by recruitment specialist Robert Half, revealed that record employment levels in 2019 have continued to support the emerging buyer’s market for professionals with in-demand skillsets, placing upward pressure on salaries, with highly skilled employees becoming increasingly impatient for a pay rise.
According to the report, men are more likely than women to ask their boss for a salary hike (56% versus 44%) while workers between the ages of 25 and 34 are the most likely to ask for a pay rise (58%).
Interestingly, the average UK worker intends to ask their boss for a six per cent pay rise, finds a recent report.
This would equate to an increase in the average weekly wage from £585 to £620 for a full-time employee and an uptick from £197 to £209 for a part-time employee.
Workers were asked why they have delayed asking for a pay rise:
- Waiting for a performance review (46%)
- Worried they’ll say no (34%)
- Difficult to ask for one in my workplace culture (difficult to ask) (24%)
- Not enough self-belief / confidence (23%)
- Embarrassment (18%)
- The company cannot financially support it (13%)
- Difficult to find the time (12%)
- I have not been putting it off (10%)
Matt Weston, Managing Director, Robert Half UK commented, “Record employment rates in 2019 have placed added pressure on employers. The war for talent shows no sign of slowing down and talented employees will be fielding multiple job offers.
“Therefore, employers will need to consider their options when they’re retaining top talent. As our 2020 Salary Guide highlights a competitive remuneration package is the cornerstone to any offer, but employees are also receptive to other benefits. Flexible working, health and wellbeing perks and training opportunities are increasingly popular with employees and should be considered as part of any offer to retain a talented member of staff.”
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