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.”

Related news

Show more

Related products

show more

The 5 Big Hospitality Trends You Need To Know

The 5 Big Hospitality Trends You Need To Know

me&u | 21-Jun-2022 | Technical / White Paper

me&u have run the numbers and chatted with the best in the business to uncover the emerging trends to watch in 2022. Now is the time to disrupt and...

Download Your Free Hospitality Trends Guide Now

Download Your Free Hospitality Trends Guide Now

me&u | 20-Jun-2022 | Technical / White Paper

We asked hospitality experts to weigh in on the top dining and hospitality trends that venues should take advantage of to keep momentum going throughout...

How to give your customers a better experience

How to give your customers a better experience

Dojo | 16-Jun-2022 | Technical / White Paper

The high street is changing. With consumers hungry for new experiences, Dojo has gathered data from thousands of UK businesses to help you get your customers...

How to Transform Your Supply Chain Operations

How to Transform Your Supply Chain Operations

Qliktech UK | 02-Jun-2022 | Product Presentation

With massive disruptions in the global supply chain, agility is a top priority for manufacturers.

Whitworths, a leading UK food manufacturer,...

Related suppliers

EMAIL NEWSLETTERS

Spotlight

Follow us

Hospitality Guides

View more

Featured Suppliers

All suppliers