Hospitality employees prefer money to ‘workplace perks’

By Liam Garrahan

- 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.”

Related news

Show more

Related products

show more

Welcome to The Restaurant Report

Welcome to The Restaurant Report

Content provided by Entegra | 26-Jan-2024 | Sponsored Link

The Restaurant Report will provide a rundown of the top 100 restaurant groups in the UK as ranked by number of sites, with details on when each company...

2023-24 UK Hospitality Trends Report

2023-24 UK Hospitality Trends Report

Content provided by Reputation | 24-Nov-2023 | White Paper

Delve into the depths of the UK hospitality landscape with our exclusive 2023-24 Quick Take Report.

Related suppliers

Follow us

Hospitality Guides

View more

Generation Next