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Employee Confidence in Pay and Business Outlook Reaches New High: Glassdoor Survey

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New findings from the Glassdoor UK Employment Confidence Survey reveal that employees are more confident than ever of a pay rise, yet women still lag behind men when it comes to expectations of earning more money. Forty one percent of employees polled expect a pay rise in the next 12 months and 40 percent expect the outlook for their company to improve in the next six months, both of which are a new high point since the survey began in 2014. However, the gender difference tells a slightly different story. Only 35 percent of female employees, compared to nearly half (46 percent) of men are confident of a pay rise. Thirty seven percent of female employees expect their company outlook to improve whereas for men this figure is higher at 42 percent.

“It’s interesting that on the face of it employee confidence of a pay rise is so much higher than two years ago, however the increase has actually been far more significant amongst female employees. Whilst it is encouraging that women are feeling more positive about both their prospects and the outlook for their companies, we must not forget that female employees are still lagging behind their male counterparts with regards to expectations of a pay rise,” comments Jon Ingham, Glassdoor jobs and workplace expert. “With the gender pay gap high on the agenda for so many people, confidence amongst women is a key factor, which might mean they won’t push for a better compensation package. This is a wake-up call for employees and employers to act for a fairer workplace. Greater transparency around pay and sharing salaries internally will help all employees benchmark their pay and understand their market value.”

SOURCE: onrec.com