Because of this, many would favor to easily reduce on eating out (15 percent), ditch treats (12 percent) and even sell their belongings (10 percent) than try to extend their income.
Others would shrink back from asking for a pay rise and cut their very own hair fairly than going to a hairdresser (nine percent), downgrade their automobile (seven percent) and rent out a room of their home (seven percent).
But even of the 44 percent who’ve stepped as much as ask for a salary increase sooner or later of their profession, 30 percent didn’t get one.
It also emerged 56 percent have already made lifestyle adjustments to reduce on their outgoings because the cost-of-living crisis starts to bite.
Changes among the many top 30 cost-saving habits included cancelling subscriptions, using less toilet roll and even taking fewer showers.
Andy Philpott, spokesperson for worker advantages specialist Edenred, which commissioned the research, said: “The poll shows that UK staff usually are not only stressed and anxious concerning the cost-of-living, but willing to go to extraordinary lengths to budget.
“Food is an enormous focus for saving, with staff cutting back on takeaways and eating out – and selecting to bulk cook or eat leftovers.
“Employees would fairly make differences to their lifestyles and livelihoods than ask their employer for help, whether that may be a pay rise or other support.
“It is a shame as there may be a transparent opportunity for employers to supply support, and enhance engagement, in the present climate.”
The study also found 21 percent have worked more hours to extend their pay as a result of the cost-of-living crisis and 20 percent have taken a second job.
While 15 percent have taken out a latest bank card and 14 percent even re-mortgaged their home.
A fifth have borrowed money this yr, comparable to via a loan or bank card, and 22 percent plan to before the top of 2022.
The highest things staff are most certainly to borrow money for are general living costs comparable to food shopping (22 percent), bills (19 percent) and residential renovations (18 percent).
In the case of funds currently there are feelings of concern (20 percent), worry (19 percent) and anxiety (18 percent).
But in the following 12 months some do expect to feel confident (21 percent) and optimistic (20 percent).
It also found 34 percent don’t feel informed or educated enough to see the cost-of-living crisis through, while 29 percent think there may be a scarcity of help available to most of the people.
Worryingly, only 18 percent of those surveyed via OnePoll feel their salary is keeping pace with the cost-of-living increases.
Andy Philpott added: “The challenge for employers is to get extra money into their peoples’ pockets but a pay rise isn’t the one method to achieve this.
“Employers have a wide selection of options available to them apart from a pay rise which can improve an worker’s overall financial position.
“These include worker advantages, worker savings platforms and pre-paid cards redeemable at supermarkets and food outlets to assist with on a regular basis essential costs.
“Employees should feel confident to debate these options with their employer.”
TOP 30 THINGS WORKERS WOULD RATHER DO THAN ASK FOR A PAY RISE
- Avoid eating out
- Avoid takeaways
- Do DIY jobs myself fairly than pay an expert
- Reduce on treats e.g. chocolate
- Buy supermarket own brand items fairly than branded
- Wear layers across the home fairly than put the heating on
- Eat leftovers
- Use my automobile less e.g. walk or cycle as a substitute
- Spend less on birthdays / anniversaries
- Sleep in layers fairly than put the heating on
- Do business from home more to get monetary savings on the commute
- Avoid buying takeaway coffee
- Cook in bulk
- Sell personal belongings e.g. on Facebook Marketplace
- Cancel subscriptions e.g. Netflix, Spotify etc
- Put fewer clothes washes on
- Buy clothes from charity shops fairly than latest
- Cut my very own hair fairly than pay a hairdresser
- Avoid using the dishwasher
- Pay in money fairly than my card so as to easily budget
- Cancel my gym membership
- Grow my very own fruit and veg
- Only heat one room of my home
- Wash my hair less often
- Only use one pump of soap
- Feed my pet leftover human food fairly than buy them separate food
- Upcycle clothes fairly than buying latest
- Use less toilet roll
- Take fewer showers
- Use old towels as a substitute of kitchen roll