Hospitality employees prefer money to ‘workplace perks’

By Liam Garrahan contact

- Last updated on GMT

Image credit: MichaelJung / Thinkstock
Image credit: MichaelJung / Thinkstock

Related tags: Employment

Hospitality employees would rather earn more money than receive additional workplace perks, according to UK jobs website, CV-Library.

The research comes as a host of hospitality businesses, including Michelin-starred restaurants​ and pubs​, attempt to find alternate ways to improve staff retention.

A survey of over 2,400 UK professionals showed that 92.7 per cent of hospitality workers would opt for money over company perks if given the choice, with 80 per cent of respondents saying that work place perks have no effect on their career choices.

The research found that 36 per cent of hospitality employees receive perks at work compared to the national average of 24.3 per cent.

Sixty-four per cent of employees would be happier if their employer offered more perks, while 98 per cent of industry workers believe that their employers should offer workplace perks, with free food (24.5 per cent), more holiday (16.1 per cent) and early finishes (15.8 per cent), the top three suggestions.

Lee Biggins, founder and managing director of CV-Library, said: “When ran effectively, workplace perks can go great lengths to creating a happy and productive workforce. However, it’s important that perks aren’t used as a replacement for fair salaries and bonus schemes, especially if you’re bringing staff on-board in January, when many employees experience a funding-drought after the Christmas period.

“Hospitality professionals have revealed that higher salaries and bonuses are more important than workplace perks, and businesses need to take this into consideration when recruiting for their hospitality vacancies.”

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