It’s official: income is on the up. But the majority of staff say they still feel underpaid

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At the same time as new statistics from ONS reveal average pay is speeding up, separate research reveals staff actually feel under-valued and under-paid.

According to the ONS, UK workers’ pay climbed by 1.9% over the last 12 months (the largest rise since before the financial crash), bringing average income to £27,600.

Yet, according to a study also published today by lottery provider Lottoland, two-thirds of Britons says they feel under-paid, and half of these are actively looking for a new job.

Its poll of more than 2,000 workers found 64% said they were ‘not satisfied’ with their level of income. By contrast, only 24% of staff said they were happy with what they were paid (and only 12% said they were over-paid).

Of those who said they were under-paid, 28% said they hadn’t had a pay review ‘for a long time’; 19% said they knew they were being paid less than their co-workers for doing the same job, while 16% resented the amount of unpaid overtime they regularly put in.

Some 62% of dissatisfied staff also said they were afraid of asking for a rise for fear of appearing ungrateful. For 13% of workers, the only way they felt they would get a pay rise was by moving to a new role.

Dan Hawkins, senior manager, Lottoland, said: “The issue of salary is bound to rear its head if employees feel underpaid for the hard work they carry out. If employees don’t feel like they’re a valued member of staff, then it is inevitable they will begin to look elsewhere for a more highly paid job role.”

Despite the survey revealing widespread disappointment about pay, separate pay data ahead of the ONS figures by CVLibrary yesterday revealed that one-in-eight workers actually earn more than £50,000.   

The job site looked at roles advertised between 1st November 2014 – 31st October 2015 and discovered that over 189,000 of the 1.5 million jobs offered a salary of over £50,000.