Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Hospitality sector offers salary boost to cope with skills shortage

by May 22, 2023
May 22, 2023
Hospitality sector offers salary boost to cope with skills shortage

Workers in the hospitality industry have reported receiving above-average salary increases last year as the sector struggles with a skills shortage.

Hospitality employees received an average pay rise of 9.5 per cent, according to a survey by Caterer.com, a hiring website, compared with the national average of 6.6 per cent.

Those working for pubs received the highest pay rises at 11.3 per cent, the company found, while on a regional basis employees in Greater London and the northwest of England reported the highest pay increases.

The hospitality sector figures come from a survey of employers and employees on behalf of Caterer.com, while the national average comes from the Office for National Statistics.

The findings come despite the hospitality industry being among the sectors most affected by the cost of living crisis, as it contends with record high energy bills and food inflation.

Kathy Dyball, brand director of Caterer.com, said: “As the long-standing skills shortage continues to affect the sector, hospitality employers are focused on offering competitive salaries and benefits to attract and retain the people they need.

“Our insights show that hospitality employees are now receiving pay rises well above the UK average worker, among other competitive benefits.”

The company said its research showed that despite the national skills shortage, the number of people seeking jobs in the sector had risen.

Read more:
Hospitality sector offers salary boost to cope with skills shortage

0
FacebookTwitterGoogle +Pinterest
previous post
NYC Mayor Adams receives praise from unlikely GOP ally for comments on migrant crisis
next post
House prices start to see a spring boost

You may also like

UK companies receive more credit upgrades than downgrades...

January 15, 2024

Change for the better

May 10, 2024

Cost of living crisis hits ‘zombie’ companies

August 2, 2023

Edge Computing vs. Cloud Computing: Which One is...

September 9, 2024

Clearing the Clutter: Why Efficient Property Clearance is...

May 25, 2025

5 Advantages to Using Loan Management Software

December 3, 2024

Labour warned more industries could need British steel-style...

April 14, 2025

Strategic Ventures: How UK Businesses Navigate Investments in...

January 17, 2024

UK borrowing overshoot prompts doubts over tax cuts

April 23, 2024

Small businesses warn of layoffs as new employment...

January 6, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Elon Musk warpath against Trump’s ‘big, beautiful bill’ rattles House GOP

      June 4, 2025
    • Durbin obstruction threat chills Senate as Trump nominees hang in balance

      June 4, 2025
    • Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s ‘big, beautiful bill’

      June 4, 2025
    • Why ADX Can Mislead You — And How to Avoid It

      June 4, 2025
    • S&P 500 on the Verge of 6,000: What’s at Stake?

      June 4, 2025
    • Johnson says Republicans ‘don’t have time’ to craft new Trump plan despite Musk’s call to ‘KILL the BILL’

      June 4, 2025

    Categories

    • Business (8,143)
    • Investing (2,006)
    • Politics (15,518)
    • Stocks (3,127)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved