Only 59% plan to ask for a pay rise this year
65% of employees have more confidence in their job prospects compared to a year ago, but only 59% plan to ask for a pay rise this year, according to research by Robert Half.
Instead of asking for a pay increase, employees would rather clean the house (24%), look for a new job (18%), go to the dentist (6%) or even run a marathon (3%).
The research found that, globally, employees in Hong Kong are the most likely to prefer to look for a new job than ask for a pay rise (44%), followed by Singapore (34%) and those in the UK (23%).
According to Robert Half, French, German and US employees would rather clean the house (46%, 46% and 32% respectively). Surprisingly, 7% of US employees stated they would rather have dental root canal work than ask for more money.
UK workers are much less likely to ask for a salary rise than those in other parts of the world next year. Just over half (54%) plan to request a rise, compared to 77% of workers in France, 78% in Germany and 81% in Brazil. UK workers, however, may be more likely to be ‘suffering in silence’ as a quarter (23%) would rather look for another job than ask their boss for a raise, according to the research.
Phil Sheridan, managing director of Robert Half UK, said, “It’s amazing that people would rather clean the house or run a marathon than ask for a pay rise. Self-confidence is the foundation of a successful career and the ability to negotiate and articulate well are some of the key soft skills for success. Your professional growth and earning potential depend not just on the demand for your technical skill set, but also on your willingness and ability to negotiate with current and prospective employers."