Half (49%) of UK workers intend to ask their boss for a pay rise in the next 12 months, according to new research from recruitment specialist Robert Half UK.
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. The average UK worker intends to ask their boss for a 6% pay rise. 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.
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%).
Asking the boss
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.
Over a third (34%) of workers delayed asking their boss for a pay rise because they’re worried that they would say no, rising to two in five (38%) female workers. Meanwhile, a quarter (24%) said that their workplace culture makes it difficult to ask for a pay rise
Of those workers who were denied a pay rise, over half (55%) started looking for another job and one in five (18%) admitted to starting their job search within a week of the initial rejection.
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.”