Hospitality staff least likely to receive cost of living pay boost
The age group least likely to consider asking for a pay rise were those aged over 54, at 69%.
Hospitality workers are among the least likely to receive a pay rise from their employers in order to help them through the cost of living crisis, according to a new survey.
The study, from personal finance experts Forbes Advisors, surveyed over 5,100 UK adults and found that lowest of all industries, only 2.4% of hospitality employers have voluntarily offered a pay rise.
Likewise, it said that only 65.6% of employees considered asking for a pay rise. This is below the national average of 68%. Despite being the lowest for those who considered asking for a pay rise, 17.2% of employees ended up asking for a salary increase.
In addition, it found the highest number of respondents answering yes were those aged between 35-44, with 75% revealing they had considered asking for more money.
The age group which were least likely to consider asking for a pay rise were those aged over 54, at 69%.
Regionally, those living in the East Midlands were considering asking for a pay rise the most due to the cost of living crisis with 76% of respondents answering yes. In second place were those in Wales at 73.9%, followed by the North East with 73.4%.
According to Forbes, it found that only 17.9% of employees received a pay rise on request which is “considerably below” the national average of 26%.
Finally, it said that zero hospitality employees who undertook the survey received a pay rise above the current level of inflation (9%).