Pay rises

Thu, 24 Jul 2008 | Updated: Fri, 21 Nov 2008 10:59 am

One in six employees would never dream of asking for a pay rise, according to a survey by HR provider Ceridian UK.

The survey of 1,000 full time employees revealed that 19% of under 34s feel comfortable asking for a pay rise while 81% of over 35s feel confident asking for extra money. 
 
Men are more direct about asking for a pay increase.  Of the 8% of respondents who claimed they would negotiate hard for a salary increase, three quarters were men. 
 
Younger people are more interested in knowing how much their colleagues are paid, with 72% of 18-24 year olds indicating this as opposed to only 29% of over 55s. 
 
Meanwhile, 53% admitted not sharing salary details with family members but 46% expressed an interest in what colleagues earn.
 
Karan Paige, chief people officer of Ceridian UK, the company which commissioned the survey, commented: “There tends to be a strong correlation between successful companies and a reward strategy that has the correct balance between fixed and variable pay, with the variable element being strongly aligned to performance.” 

 

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